AMERISERV FINANCIAL, INC. (NASDAQ:ASRV) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07Submission of Matters to a Vote of Security Holders
The annual meeting of the shareholders of AMERISERV FINANCIAL,
Inc. was held on April 25, 2017. At the Annual Meeting, there
were present in person or by proxy 10,983,331 shares of the
Companys common stock, representing approximately 58.30% of the
total outstanding eligible shares. The proposals considered at
the Annual Meeting were voted on as follows:
| Proposal #1 | Number of Votes Cast For Class I Directors | Withheld | % Voted For | |||||
|
The following directors were elected to three year terms expiring in 2020. |
||||||||
| Allan R. Dennison | 9,886,096 | 1,097,235 | 90.01% | |||||
| Sara A. Sargent | 10,605,330 | 378,001 | 96.56% | |||||
| Jeffrey A. Stopko | 10,670,746 | 312,585 | 97.15% | |||||
| Robert L. Wise | 10,692,907 | 290,424 | 97.36% | |||||
| Proposal #2 | FOR | AGAINST | ABSTAIN | % Voted For | ||||
|
An advisory (non-binding) vote to approve the compensation of the named executive officers. |
10,627,042 | 256,082 | 100,207 | 96.75% |
Item 7.01Regulation FD Disclosure
AmeriServ Financial, Inc. posted a new investor presentation on
its Investor Relations website at
www.ameriserv.com/investor-relations/investor-information. This
investor presentation, attached as Exhibit 99.1 hereto and
incorporated herein by reference, is being furnished to the
Securities and Exchange Commission and shall not be deemed to be
filed for any purpose.
Item 9.01Financial Statements and Exhibits
Exhibits
| Exhibit 99.1 |
Slide presentation utilized at the Annual Shareholders meeting. |
About AMERISERV FINANCIAL, INC. (NASDAQ:ASRV)
AmeriServ Financial, Inc. is a bank holding company of AmeriServ Financial Bank (the Bank). The Company’s principal activities consist of owning and operating its three subsidiary entities. The Company’s segments include retail banking, commercial banking, trust and investment/parent. Its Retail banking segment includes the deposit-gathering branch franchise and lending to both individuals and small businesses. Its Commercial banking to businesses includes commercial loans and commercial real estate mortgage (CRE) loans. The trust segment contains its wealth management businesses, which include the Trust Company, WCCA, its registered investment advisory firm and financial services. Wealth management includes personal trust products and services, such as personal portfolio investment management, estate planning and administration, custodial services and pre-need trusts. The investment/parent segment includes the net results of investment securities and borrowing activities. AMERISERV FINANCIAL, INC. (NASDAQ:ASRV) Recent Trading Information
AMERISERV FINANCIAL, INC. (NASDAQ:ASRV) closed its last trading session up +0.05 at 4.00 with 66,263 shares trading hands.
