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EX-10.1 - TOTAL SYSTEM SERVICES, INC. 2008 OMNIBUS PLAN - TOTAL SYSTEM SERVICES INCd345238dex101.htm

 

 

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

May 4, 2012 (May 1, 2012)

Date of Report (Date of Earliest Event Reported)

 

 

Total System Services, Inc.

(Exact Name of Registrant as Specified in its Charter)

 

 

 

Georgia   1-10254   58-1493818
(State of Incorporation)  

(Commission

File Number)

 

(IRS Employer

Identification No.)

One TSYS Way, Columbus, Georgia 31901

(Address of principal executive offices) (Zip Code)

(706) 649-2267

(Registrant’s telephone number, including area code)

(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:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 1, 2012, Total System Services, Inc. (“TSYS”) held its 2012 Annual Meeting of Shareholders, at which our shareholders approved the Total System Services, Inc. 2008 Omnibus Plan, as amended and restated effective May 1, 2012, and renamed the Total System Services, Inc. 2012 Omnibus Plan (“2012 Plan”). A description of the amendments to the 2012 Plan and a summary description of the 2012 Plan are provided in Proposal 4 of TSYS’ definitive proxy statement on Schedule 14A which was filed with the Securities and Exchange Commission on March 15, 2012. The description of the 2012 Plan contained herein and in the proxy statement are qualified in their entirety by the full text of the 2012 Plan which is attached hereto as Exhibit 10.1 and incorporated herein by reference.

 

Item 5.07 Submission of Matters to a Vote of Security Holders.

The 2012 Annual Meeting of Shareholders of TSYS was held on May 1, 2012. TSYS’ shareholders voted on the following five proposals which are detailed in TSYS’ definitive proxy statement on Schedule 14A which was filed with the Securities and Exchange Commission on March 15, 2012, and cast their votes as described below.

Proposal 1

TSYS’ shareholders elected fourteen individuals to the Board of Directors as set forth below:

 

Name

   For      Against      Abstain      Broker Non-Vote  

James H. Blanchard

     130,204,133         2,523,905         132,595         26,917,661   

Richard Y. Bradley

     130,396,202         2,171,112         293,319         26,917,661   

Kriss Cloninger III

     128,045,006         4,698,647         116,981         26,917,660   

Walter W. Driver, Jr.

     128,666,313         4,047,977         146,344         26,917,660   

Gardiner W. Garrard, Jr.

     121,742,098         10,984,479         134,057         26,917,660   

Sidney E. Harris

     129,673,007         3,021,745         165,881         26,917,661   

Mason H. Lampton

     127,165,129         5,350,849         344,656         26,917,660   

H. Lynn Page

     130,734,711         1,985,828         140,094         26,917,661   

Philip W. Tomlinson

     128,445,891         4,255,521         159,220         26,917,662   

John T. Turner

     131,208,519         1,511,600         140,514         26,917,661   

Richard W. Ussery

     130,461,945         2,257,758         140,930         26,917,661   

M. Troy Woods

     130,114,657         2,597,082         148,893         26,917,662   

James D. Yancey

     121,150,943         11,603,020         106,670         26,917,661   

Rebecca K. Yarbrough

     129,141,285         3,500,187         219,161         26,917,661   

 

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Proposal 2

TSYS’ shareholders ratified the appointment of KPMG LLP as the independent auditor of TSYS for the fiscal year ending December 31, 2012 as set forth below:

 

    For    

 

    Against    

 

    Abstain    

158,453,368

  1,117,486   207,439

Proposal 3

TSYS’ shareholders approved, on an advisory basis, TSYS’ executive compensation as set forth below:

 

    For    

 

    Against    

 

    Abstain    

 

    Broker Non-Vote    

123,300,958

 

4,386,643

 

5,173,031

 

26,917,662

Proposal 4

TSYS’ shareholders approved the Total System Services, Inc. 2008 Omnibus Plan, as amended and restated, as set forth below:

 

    For    

 

    Against    

 

    Abstain    

 

    Broker Non-Vote    

119,794,527

  8,014,113   5,051,993   26,917,661

Proposal 5

TSYS’ shareholders approved the Total System Services, Inc. 2012 Employee Stock Purchase Plan as set forth below:

 

    For    

 

    Against    

 

    Abstain    

 

    Broker Non-Vote    

124,824,973

  3,227,348   4,808,313   26,917,660

 

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

 

Exhibit No.

  

Description

10.1    Total System Services, Inc. 2008 Omnibus Plan, as amended and restated effective May 1, 2012

 

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Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

        TOTAL SYSTEM SERVICES, INC.

Dated: May 4, 2012

   

By:

 

/s/ Kathleen Moates

      Kathleen Moates
      Senior Deputy General Counsel

 

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