0000950123-11-057819.txt : 20110609 0000950123-11-057819.hdr.sgml : 20110609 20110609143342 ACCESSION NUMBER: 0000950123-11-057819 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110607 ITEM INFORMATION: Submission of Matters to a Vote of Security Holders ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110609 DATE AS OF CHANGE: 20110609 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CITIZENS INC CENTRAL INDEX KEY: 0000024090 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] IRS NUMBER: 840755371 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-16509 FILM NUMBER: 11902940 BUSINESS ADDRESS: STREET 1: 400 EAST ANDERSON LANE CITY: AUSTIN STATE: TX ZIP: 78752 BUSINESS PHONE: 5128377100 MAIL ADDRESS: STREET 1: 400 EAST ANDERSON LANE CITY: AUSTIN STATE: TX ZIP: 78752 FORMER COMPANY: FORMER CONFORMED NAME: CONTINENTAL INVESTORS LIFE INC DATE OF NAME CHANGE: 19881222 8-K 1 c18615e8vk.htm FORM 8-K Form 8-K
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 7, 2011
CITIZENS, INC.
(Exact name of registrant as specified in its charter)
         
COLORADO   0-16509   84-0755371
         
(State or other jurisdiction
of incorporation) 		  (Commission File Number)   (IRS Employer Identification No.)
     
400 East Anderson Lane
Austin, Texas 		   
78752
     
(Address of principal executive offices)   (Zip Code)
Registrant’s telephone number, including area code: (512) 837-7100
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 

SECTION 5 — CORPORATE GOVERNANCE AND MANAGEMENT
Item 5.07 Submission of Matters to a Vote of Security Holders.
On June 7, 2011, Citizens Inc. (“Citizens”) held its annual meeting of shareholders. At the meeting, our Class A shareholders elected all of our Class A director nominees and our sole Class B shareholder, the Harold E. Riley Trust, through its Trustee, Harold E. Riley, elected all of the Class B director nominees. There were no other persons nominated to serve on our Board. Our shareholders also approved the compensation of our Named Executive Officers and approved our Board’s recommendation of a non-binding advisory vote on executive compensation every year. Further, our shareholders ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for the Company for 2011. The number of votes cast for, against or withheld, as well as the number of abstentions and broker non-votes as to each matter voted upon can be found in the 2011 Annual Meeting Final Certified Vote Tabulation attached hereto.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits:
         
  99.8    
2011 Annual Meeting Final Certified Vote Tabulation

 

1

 

SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
  CITIZENS, INC
 		  
  By:   /s/ Rick D. Riley    
    Rick D. Riley, Vice Chairman and President   
Date: June 7, 2011

 

2

 

EXHIBIT INDEX
         
Exhibit No.   Description
       
 
  99.8    
2011 Annual Meeting Final Certified Vote Tabulation

 

3

EX-99.8 2 c18615exv99w8.htm EXHIBIT 99.8 2011 ANNUAL MEETING FINAL CERTIFIED VOTE TABULATION Exhibit 99.8
Exhibit 99.8
2011 ANNUAL MEETING FINAL CERTIFIED VOTE TABULATION
June 7, 2011
                                     
Eligible Class A Votes:
     48,686,759     Class A Vote Total:     32,528,305       %:       66.81 %
 
                                    
Eligible Class B Votes:
     1,001,714     Class B Vote Total:     1,001,714       %:       100 %
 
                                
 
                                    
Total Class A & Class B:
     49,686,473     /     33,530,019       /       67 %
 
                                
PROPOSAL NO. 1
THE ELECTION OF CLASS A MEMBERS OF THE BOARD OF DIRECTORS:
Number of Class A shares outstanding as of the Record Date: 48,686,759
                                 
    IN                    
PROPOSAL #1   PERSON     BY PROXY     TOTAL     %  
 
                                
FOR:
                                
Dr. E. Dean Gage
     0       12,915,435       12,915,435       26.53  
Steven F. Shelton
     0       12,921,441       12,921,441       26.54  
Timothy T. Timmerman
     0       12,920,046       12,920,046       26.54  
Dr. Robert B. Sloan, Jr.
     0       12,943,837       12,943,837       26.58  
 
                                
WITHHELD:
                                
Dr. E. Dean Gage
     0       6,206       6,206       .01  
Steven F. Shelton
     0       5,625       5,625       .01  
Timothy T. Timmerman
     0       6,178       6,178       .01  
Dr. Robert B. Sloan, Jr.
     0       6,092       6,092       .01  
 
                                
ABSTAIN:
                                
Dr. E. Dean Gage
     0       5,746,980       5,746,980       11.80  
Steven F. Shelton
     0       5,741,556       5,741,556       11.79  
Timothy T. Timmerman
     0       5,742,397       5,742,397       11.79  
Dr. Robert B. Sloan, Jr.
     0       5,718,692       5,718,692       11.75  
 
                                
NON-VOTES:
                                
Dr. E. Dean Gage
     0       13,859,684       13,859,684       28.47  
Steven F. Shelton
     0       13,859,684       13,859,684       28.47  
Timothy T. Timmerman
     0       13,859,684       13,859,684       28.47  
Dr. Robert B. Sloan, Jr.
     0       13,859,684       13,859,684       28.47  
 
                        
 
                                
TOTAL:
     0       32,528,305       32,528,305       66.81  
 
                        

 

 

 

THE ELECTION OF CLASS B MEMBERS OF THE BOARD OF DIRECTORS:
Number of Class B shares outstanding as of the Record Date: 1,001,714
                                 
    IN                    
PROPOSAL #1   PERSON     BY PROXY     TOTAL     %  
 
                                
FOR:
                                
Harold E. Riley
     1,001,714       0       1,001,714       100 %
Rick D. Riley
     1,001,714       0       1,001,714       100 %
Dottie S. Riley
     1,001,714       0       1,001,714       100 %
Dr. Terry S. Maness
     1,001,714       0       1,001,714       100 %
Grant G. Teaff
     1,001,714       0       1,001,714       100 %
 
                                
WITHHELD:
     0       0       0       0  
 
                                
ABSTAIN:
     0       0       0       0  
 
                                
NON-VOTES:
     0       0       0       0  
 
                        
 
                                
TOTAL:
     1,001,714       0       1,001,714       100 %
 
                        
PROPOSAL NO. 2
TO APPROVE A NON-BINDING ADVISORY RESOLUTION REGARDING THE
COMPENSATION OF THE COMPANY’S NAMED EXECUTIVE OFFICERS AS DISCLOSED IN
THE PROXY STATEMENT:
                                 
    IN                    
PROPOSAL #2   PERSON     BY PROXY     TOTAL     %  
 
                                
FOR:
     1,001,714       12,597,213       13,598,927       27.37  
 
                                
AGAINST:
     0       27,972       27,972       .056  
 
                                
ABSTAIN:
     0       5,973,068       5,973,068       12.02  
 
                                
NON-VOTES:
     0       13,859,684       13,859,684       28.89  
 
                                
UNCAST
     0       70,369       70,369       .14  
 
                        
 
                                
TOTAL:
     1,001,714       32,528,305       33,530,019       67  
 
                        

 

 

 

PROPOSAL NO. 3
TO APPROVE A NON-BINDING ADVISORY RESOLUTION REGARDING THE
FREQUENCY OF THE ADVISORY VOTE ON COMPENSATION OF THE COMPANY’S
NAMED EXECUTIVE OFFICERS
                                 
    IN                    
PROPOSAL #3   PERSON     BY PROXY     TOTAL     %  
 
                                
1 YEAR:
     1,001,714       11,503,151       12,504,865       25.17  
 
                                
2 YEARS:
     0       18,773       18,773       .037  
 
                                
3 YEARS:
     0       1,409,925       1,409,925       2.80  
 
                                
ABSTAIN:
     0       5,736,772       5,736,772       11.54  
 
                                
NON-VOTES:
     0       13,859,684       13,859,684       27.89  
 
                        
 
                                
TOTAL:
     1,001,714       32,528,305       33,530,019       67  
 
                        
PROPOSAL NO. 4
TO RATIFY THE APPOINTMENT OF THE INDEPENDENT AUDITOR:
                                 
    IN                    
PROPOSAL #4   PERSON     BY PROXY     TOTAL     %  
 
                                
FOR:
     1,001,714       26,417,556       27,419,270       55.18  
 
                                
AGAINST:
     0       400,824       400,824       .82  
 
                                
ABSTAIN:
     0       5,709,925       5,709,925       11.73  
 
                                
NON-VOTES:
     0       0       0       0  
 
                        
 
                                
TOTAL:
     1,001,714       32,528,305       33,530,019       67