Astoria Financial Corporation (NYSE:AF) 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.
On June 13, 2017, Astoria Financial Corporation (Astoria or the
Company) held a Special Meeting of Stockholders (the Special
Meeting). A total of 101,725,639 shares of the Companys common
stock were entitled to vote as of April 28, 2017, the record date
for the Special Meeting, of which a quorum of 82,094,322 were
present in person or by proxy at the Special Meeting. The
following is a summary of the final voting results for each
matter presented to stockholders.
PROPOSAL 1. To adopt the Agreement and Plan of
Merger, dated as of March 6, 2017, by and between Astoria and
Sterling Bancorp. (the Astoria merger proposal).
|
For |
Against |
Abstentions |
||
| 79,380,948 | 938,923 | 1,774,451 |
PROPOSAL 2. To approve, on an advisory (non-binding) basis, the
compensation that certain executive officers of Astoria may
receive in connection with the Astoria merger proposal to
existing agreements or arrangements with Astoria.
|
For |
Against |
Abstentions |
||
| 17,106,875 | 62,842,558 | 2,144,889 |
PROPOSAL 3. To approve one or more adjournments of the Special
Meeting, if necessary or appropriate, including adjournments to
permit further solicitation of proxies in favor of the Astoria
merger proposal.
| For | Against | Abstentions | ||
| 73,500,569 | 6,715,762 | 1,877,991 |
Item 8.01. Other Events.
On June 13, 2017, Astoria and Sterling Bancorp issued a joint
press release announcing the results of the Special Meeting. A
copy of the press release is attached hereto as Exhibit 99.1 and
is incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits.
(d)Exhibits
| Exhib. |
Description |
|
| 99.1 |
Press Release issued by Astoria and Sterling Bancorp dated June 13, 2017 |
|
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About Astoria Financial Corporation (NYSE:AF)
Astoria Financial Corporation is the unitary savings and loan holding company of Astoria Bank and its subsidiaries. The Company’s principal business is the operation of its subsidiary, Astoria Bank, which is a local, community-oriented bank. Astoria Bank’s business is attracting retail deposits from the general public and businesses and investing those deposits, together with funds generated from operations, principal repayments on loans and securities and borrowings, in multi-family and commercial real estate mortgage loans, one- to four- family, or residential, mortgage loans, and mortgage-backed securities. Astoria Bank also invests in consumer and other loans, the United States Government, government agency and government-sponsored enterprise (GSE), securities and other investments. The Company offers negotiable order of withdrawal (NOW) and demand deposit accounts, money market accounts, passbook and statement savings accounts, and certificates of deposit.
