Southside Bancshares grants RSUs and PSUs to five executive officers under 2017 Plan

SOUTHSIDE BANCSHARES INC

CEO Lee R. Gibson granted 3,248 RSUs and target 3,248 PSUs (35% of base salary).
CFO Julie N. Shamburger granted 1,439 RSUs and target 1,439 PSUs (27% of base salary).
RSUs vest in three equal annual installments; PSUs cliff vest after three years based on ROATCE relative to KRX index.
PSU payout ranges from 50% (25th percentile) to 150% (75th percentile) with straight-line interpolation; none below threshold.
Other executives: Tim Alexander, Brian K. McCabe, T.L. Arnold, Jr. each received awards at 25% of base salary.

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