<SEC-DOCUMENT>0001058867-18-000010.txt : 20180207
<SEC-HEADER>0001058867-18-000010.hdr.sgml : 20180207
<ACCEPTANCE-DATETIME>20180206174234
ACCESSION NUMBER:		0001058867-18-000010
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20171110
ITEM INFORMATION:		Temporary Suspension of Trading Under Registrant's Employee Benefit Plans
FILED AS OF DATE:		20180207
DATE AS OF CHANGE:		20180206

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GUARANTY BANCSHARES INC /TX/
		CENTRAL INDEX KEY:			0001058867
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				751656431
		STATE OF INCORPORATION:			TX
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38087
		FILM NUMBER:		18578687

	BUSINESS ADDRESS:	
		STREET 1:		201 SOUTH JEFFERSON AVENUE
		CITY:			MOUNT PLEASANT
		STATE:			TX
		ZIP:			75455
		BUSINESS PHONE:		9035729881

	MAIL ADDRESS:	
		STREET 1:		201 SOUTH JEFFERSON AVENUE
		CITY:			MOUNT PLEASANT
		STATE:			TX
		ZIP:			75455
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>gnty-form8xk401kblackoutno.htm
<DESCRIPTION>8-K EXTENSION OF 401K BLACKOUT
<TEXT>
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<div><a name="s9F6EDB88B967539D905E2A9913199771"></a></div><div><div style="line-height:200%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:173%;text-align:center;font-size:16pt;"><font style="font-family:Arial;font-size:16pt;font-weight:bold;">UNITED STATES</font></div><div style="line-height:173%;text-align:center;font-size:16pt;"><font style="font-family:Arial;font-size:16pt;font-weight:bold;">SECURITIES AND EXCHANGE COMMISSION</font></div><div style="line-height:144%;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">WASHINGTON, DC 20549</font></div><div style="line-height:144%;text-align:center;font-size:12pt;"><font style="font-family:Arial;font-size:12pt;font-weight:bold;">________________________</font></div><div style="line-height:144%;text-align:center;font-size:18pt;"><font style="font-family:Arial;font-size:18pt;font-weight:bold;">FORM 8-K</font></div><div style="line-height:144%;text-align:center;font-size:12pt;"><font style="font-family:Arial;font-size:12pt;font-weight:bold;">________________________</font></div><div style="line-height:144%;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:Arial;font-size:12pt;font-weight:bold;">CURRENT REPORT</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:Arial;font-size:12pt;font-weight:bold;">PURSUANT TO SECTION 13 or 15(d) OF THE</font></div><div style="line-height:120%;padding-bottom:8px;text-align:center;font-size:12pt;"><font style="font-family:Arial;font-size:12pt;font-weight:bold;">SECURITIES EXCHANGE ACT OF 1934</font></div><div style="line-height:173%;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Date of Report (Date of earliest event reported):</font></div><div style="line-height:144%;padding-bottom:8px;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">November 10, 2017</font></div><div style="line-height:144%;text-align:center;font-size:18pt;"><font style="font-family:Arial;font-size:18pt;font-weight:bold;">GUARANTY BANCSHARES, INC.</font></div><div style="line-height:144%;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">(Exact Name of Registrant as Specified in Charter)</font></div><div style="line-height:120%;padding-bottom:9px;text-align:center;font-size:12pt;"><font style="font-family:Arial;font-size:12pt;font-weight:bold;">________________________</font></div><div style="line-height:120%;padding-left:4px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="3"></td></tr><tr><td style="width:34%;"></td><td style="width:33%;"></td><td style="width:33%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-bottom:2px;text-align:center;padding-left:4px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">Texas</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-bottom:2px;text-align:center;padding-left:4px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">001-38087</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-bottom:2px;text-align:center;padding-left:4px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">75-1656431</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-bottom:2px;text-align:center;padding-left:4px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">(State or other jurisdiction of incorporation)</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-bottom:2px;text-align:center;padding-left:4px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">(Commission File Number)</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-bottom:2px;text-align:center;padding-left:4px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">(IRS Employer Identification No.)</font></div></td></tr></table></div></div><div style="line-height:173%;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">201 South Jefferson Avenue</font></div><div style="line-height:144%;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">Mount Pleasant, Texas 75455</font></div><div style="line-height:173%;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">(Address of principal executive offices) (Zip code)</font></div><div style="line-height:173%;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">(888) 572 - 9881</font></div><div style="line-height:173%;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Registrant&#8217;s telephone number, including area code:</font></div><div style="line-height:173%;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">Not Applicable</font></div><div style="line-height:173%;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">(Former name or former address, if changed since last report)</font></div><div style="line-height:173%;text-align:center;font-size:12pt;"><font style="font-family:Arial;font-size:12pt;font-weight:bold;">________________________</font></div><div style="line-height:173%;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">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:</font></div><div style="line-height:173%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#9744;</font><font style="font-family:Arial;font-size:10pt;">&#32;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></div><div style="line-height:173%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#9744;</font><font style="font-family:Arial;font-size:10pt;">&#32;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></div><div style="line-height:173%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#9744;</font><font style="font-family:Arial;font-size:10pt;">&#32;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></div><div style="line-height:173%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#9744;</font><font style="font-family:Arial;font-size:10pt;">&#32;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></div><div style="line-height:163%;padding-bottom:8px;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).    Emerging growth company   </font><font style="font-family:inherit;font-size:10pt;">&#9746;</font></div><div style="line-height:163%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  </font><font style="font-family:inherit;font-size:10pt;">&#9746;</font></div><div><br></div><div><div style="line-height:200%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><hr style="page-break-after:always"><div><a name="s79A6067ECA805F678650787CAE235ADC"></a></div><div><div style="line-height:173%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br></font></div><div style="line-height:173%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br></font></div></div><div><br></div><div style="line-height:163%;padding-bottom:13px;text-align:justify;-sec-extract:summary;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">Item 5.04.  Temporary Suspension of Trading Under Registrant's Employee Benefit Plans.</font></div><div style="line-height:163%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Guaranty Bancshares, Inc. (the "Company") transferred recordkeeping and custodial services for the Guaranty Bancshares, Inc. ESOP w/401(k) Provisions (the "Plan") from Principal Life Insurance Company to Newport Group, Inc., effective January 2, 2018.   As a result of this transfer, participants in the Plan  are temporarily unable to make a withdrawal, obtain a distribution, obtain a loan or change investment options under the Plan (the "blackout period").  The blackout period for the Plan began at 3:00 p.m. Central time on December 20, 2017 and was originally expected to end no later than February 2, 2018.   </font></div><div style="line-height:163%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Prior to commencement of the blackout period, the Company delivered a notice to its directors and executive officers informing them of a temporary suspension of transactions by directors and executive officers involving Company equity and derivative securities in connection with the blackout period under the Plan.  The notice was provided to the Company's directors and executive officers in accordance with Section 306(a) of the Sarbanes-Oxley Act of 2002 and includes the information required by Rule 104(b) of Regulation BTR.    </font></div><div style="line-height:163%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">In order to allow sufficient time to correct certain operational errors associated with the transfer of recordkeeping and custodial services, on February 6, 2018, the Company delivered a notice to its directors and executive officers informing them of the extension of the blackout period, with an expected end date of February 12, 2018.  No other terms of the original blackout notice were changed.  The extension notice was provided to the Company&#8217;s directors and executive officers in accordance with Section 306(a) of the Sarbanes-Oxley Act of 2002 and includes the information required by Rule 104(b) of Regulation BTR.</font></div><div style="line-height:163%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">During the blackout period and for a period of two years after the date of the blackout period, a security holder or other interested person  may obtain, without charge, information regarding the blackout period, including the actual beginning and ending dates of the blackout period, by contacting Randy Kucera, 201 South Jefferson Avenue, Mount Pleasant, Texas 75455, Telephone: (903) 434-4366. </font></div><div style="line-height:120%;padding-left:4px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:200%;padding-bottom:16px;padding-top:17px;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div><br></div><div><div style="line-height:200%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><hr style="page-break-after:always"><div><div style="line-height:173%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br></font></div><div style="line-height:173%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br></font></div></div><div><br></div><div style="line-height:200%;padding-bottom:13px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:200%;padding-bottom:16px;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">SIGNATURES</font></div><div style="line-height:200%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">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, thereunto duly authorized.</font></div><div style="line-height:173%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Dated:  February 6, 2018</font></div><div style="line-height:173%;padding-bottom:32px;text-align:left;padding-left:312px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">GUARANTY BANCSHARES, INC.</font></div><div style="line-height:173%;text-align:left;padding-left:312px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">By:  </font><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">&#160;&#160;&#160;&#160;/s/ Tyson T. Abston&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div><div style="line-height:173%;text-align:left;padding-left:312px;text-indent:352px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Tyson T. Abston</font></div><div style="line-height:173%;text-align:left;padding-left:312px;text-indent:352px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Chairman of the Board and</font></div><div style="line-height:173%;text-align:left;padding-left:312px;text-indent:352px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Chief Executive Officer</font></div><div><br></div><div><div style="line-height:200%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div>	</body>
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