FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

DAVIS SUNI M
2. Issuer Name and Ticker or Trading Symbol

SOUTHSIDE BANCSHARES INC [ SBSI ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
CHIEF RISK OFFICER
(Last)          (First)          (Middle)

1201 S BECKHAM AVE
3. Date of Earliest Transaction (MM/DD/YYYY)

12/12/2019
(Street)

TYLER, TX 75701
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/12/2019  A  11 (1)A$0 (1)4136 (2)D  
Common Stock 12/13/2019  M  1873 A$14.67 6009 D  
Common Stock 12/13/2019  S  1873 D$36.43 4136 D  
Common Stock         2290 (3)I 401K 
Common Stock         1010 (4)I ESOP 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option / (Right to Buy) $14.67 12/13/2019  M     1873  6/9/2012 (5)6/9/2021 Common Stock 1873.0 $0 0 D  

Explanation of Responses:
(1) Reflects restricted stock units received pursuant to dividend equivalent rights attached to RSUs held by the reporting person.
(2) Includes shares acquired under the company's Dividend Reinvestment Program.
(3) Includes shares acquired under the company's Dividend Reinvestment Program and shares acquired through monthly payroll contributions.
(4) Amount includes allocation of shares received in connection with reinvestment of quarterly cash dividend.
(5) Options were granted on 6/9/2011 and vested in four equal annual installments, with the first vesting on 6/9/2012.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
DAVIS SUNI M
1201 S BECKHAM AVE
TYLER, TX 75701


CHIEF RISK OFFICER

Signatures
Lindsey Bibby, attorney in fact12/16/2019
**Signature of Reporting PersonDate

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