Camden National Corporation (NASDAQ:CAC) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03
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Amendments to Articles of Incorporation or Bylaws; Change
in Fiscal Year. |
Articles of Incorporation of the Company (the Articles of
Amendment) with the Secretary of State of the State of Maine to
increase the number of authorized shares of common stock of the
Company, no par value, from 20,000,000 to 40,000,000. The
Articles of Amendment, which were effective upon filing, are
included as Exhibit 3.1 hereto and are incorporated herein by
reference.
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Item 5.07
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Submission of Matters to a Vote of Security Holders.
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Corporation was held on April 25, 2017 at the Point Lookout
Conference Center, 67 Atlantic Highway, Northport, Maine. At the
Annual Meeting, there were present in person or by proxy
13,030,376 shares of the Companys common stock, representing
approximately 84% of the total outstanding eligible votes. The
following is a brief description of each matter voted on at the
Annual Meeting, and the number of votes cast for or against, as
well as the number of abstentions and broker non-votes, as to
each matter.
serve a three-year term and until his or her successor is elected
and qualified:
|
For
|
Against
|
Abstain
|
Broker
Non-Vote
|
|||||
|
John W. Holmes
|
10,222,359
|
133,358
|
59,101
|
2,615,559
|
||||
|
David J. Ott
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10,301,930
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54,002
|
58,886
|
2,615,559
|
||||
|
John M. Rohman
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10,285,817
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61,900
|
67,101
|
2,615,559
|
||||
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Lawrence J. Sterrs
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10,291,733
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63,199
|
59,886
|
2,615,559
|
above to the Board of Directors.
named executive officers (Say-on-Pay):
|
For
|
Against
|
Abstentions
|
Broker Non-Vote
|
|||
|
10,116,709
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244,286
|
53,820
|
2,615,561
|
the compensation of the Companys named executive officers.
Say-on-Pay votes:
|
1 Year
|
2 Years
|
3 Years
|
Abstentions
|
Broker Non-Vote
|
||||
|
8,383,012
|
258,918
|
1,644,233
|
119,553
|
2,624,660
|
one year as the frequency of future Say-on-Pay votes.
|
For
|
Against
|
Abstentions
|
Broker Non-Vote
|
|||
|
10,204,253
|
136,273
|
74,288
|
2,615,562
|
the 2012 Equity and Incentive Plan.
independent registered public accounting firm for the year ending
December 31, 2017:
|
For
|
Against
|
Abstentions
|
||
|
12,979,926
|
20,196
|
30,254
|
the appointment of RSM US LLP as the Companys independent
registered public accounting firm for the year ending December
31, 2017.
increase the number of authorized shares of common stock from
20,000,000 to 40,000,000:
|
For
|
Against
|
Abstentions
|
||
|
11,963,981
|
1,048,122
|
18,273
|
Annual Meeting voted to amend the Articles of Incorporation of
the Company to increase the number of authorized shares of common
stock from 20,000,000 to 40,000,000.
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Item 9.01
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Financial Statements and Exhibits.
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Corporation
About Camden National Corporation (NASDAQ:CAC)
Camden National Corporation is a bank holding company. The Company is a diversified financial services provider. The primary business of the Company and its subsidiaries is to attract deposits from, and to extend loans to, consumer, institutional, municipal, non-profit and commercial customers. The Company offers commercial and consumer banking products and services through its subsidiary, Camden National Bank (the Bank), and brokerage and insurance services through Camden Financial Consultants (Camden Financial), a division of the Bank. The Company also offers investment management and fiduciary services through its subsidiary, Acadia Trust, N.A. (Acadia Trust), a federally-regulated, non-depository trust company headquartered in Portland, Maine. The Bank’s subsidiary, Healthcare Professional Funding Corporation (HPFC), provides specialized lending to dentists, optometrists and veterinarians across the United States. Camden National Corporation (NASDAQ:CAC) Recent Trading Information
Camden National Corporation (NASDAQ:CAC) closed its last trading session up +0.46 at 44.58 with 97,748 shares trading hands.
