1st Source Corporation (NASDAQ:SRCE) Files An 8-K Submission of Matters to a Vote of Security Holders

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1st Source Corporation (NASDAQ:SRCE) Files An 8-K Submission of Matters to a Vote of Security Holders

ITEM 5.07 Submission of Matters to a Vote of Security Holders

The following actions were taken by the shareholders of 1st Source
Corporation (the Company) at the annual shareholders’ meeting held
April 20, 2017:
1.Election of Directors
The directors named below were elected to the Board of Directors,
as follows:
Terms Expiring in April, 2020:
Nominee
Votes For
Votes Withheld
Broker Non-Vote
Vinod M. Khilnani
22,126,190
261,658
2,841,268
Rex Martin
20,044,959
2,342,889
2,841,268
Christopher J. Murphy III
21,820,865
566,983
2,841,268
Timothy K. Ozark
21,850,416
537,432
2,841,268
In addition, the following directors continued in office after the
2017 annual meeting:
Terms Expiring in April, 2018:
Terms Expiring in April, 2019:
Allison N. Egidi
Daniel B. Fitzpatrick
Craig A. Kapson
Najeeb A. Khan
John T. Phair
Christopher J. Murphy IV
Mark D. Schwabero
2.Advisory Approval of Executive Compensation
The Dodd-Frank Wall Street Reform and Consumer Protection Act (the
Dodd-Frank Act), which was enacted on July 21, 2010, contains a
requirement that publicly traded firms, like the Company, permit a
separate, non-binding advisory shareholder vote to approve the
compensation of the Companys executive officers.
Votes For
Votes Against
Votes Abstain
Broker Non-Vote
22,142,124
132,603
113,121
2,841,268
3.Advisory Approval of Frequency of Future Advisory Votes on
Executive Compensation
Section 951 of the Dodd-Frank Act requires the Company to seek a
non-binding advisory shareholder vote to permit shareholders to
express their views on how often shareholders will vote on the
Companys executive compensation as disclosed in the applicable
Compensation Discussion and Analysis, executive compensation tables
and related narrative disclosure. Under the Dodd-Frank Act, this
vote can take place every one, two, or three years.
Every Three Years
Every Two Years
Every One Year
Votes Abstain
Broker Non-Vote
14,849,093
79,453
7,362,907
96,395
2,841,268
4.Ratification of the appointment of BKD LLP as 1st Source
Corporations independent registered public accounting firm for the
fiscal year ending December 31, 2017
The Audit Committee has appointed BKD LLP as the independent
registered public accounting firm for 1st Source for the fiscal
year ending December 31, 2017.
Votes For
Votes Against
Votes Abstain
Broker Non-Vote
25,154,631
12,455
62,030


About 1st Source Corporation (NASDAQ:SRCE)

1st Source Corporation is a bank holding company. The Company, through its subsidiaries, provides a range of financial products and services. 1st Source Bank (the Bank), its banking subsidiary, offers commercial and consumer banking services, trust and investment management services, and insurance to individual and business clients through its approximately 80 banking center locations in over 20 counties in Indiana and Michigan. 1st Source Bank’s Specialty Finance Group, with over 20 locations around the nation, offers specialized financing services for new and used private and cargo aircraft, automobiles and light trucks for leasing and rental agencies, medium and heavy duty trucks and construction equipment. It has consolidated total assets of approximately $5.19 billion, total loans and leases of over $3.99 billion, total deposits of approximately $4.14 billion and total shareholders’ equity of over $644.05 million.

1st Source Corporation (NASDAQ:SRCE) Recent Trading Information

1st Source Corporation (NASDAQ:SRCE) closed its last trading session up +0.19 at 49.97 with 139,954 shares trading hands.

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