BNC Bancorp (NASDAQ:BNCN) Files An 8-K Submission of Matters to a Vote of Security Holders

BNC Bancorp (NASDAQ:BNCN) Files An 8-K Submission of Matters to a Vote of Security Holders

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Item5.07.

Submission of Matters to a Vote of Security
Holders.

On June12, 2017, BNC Bancorp (the Company or BNC) held a special
meeting of shareholders (the Special Meeting). At the Special
Meeting, shareholders voted on the following matters: (1)a
proposal to approve and adopt the Agreement and Plan of Merger,
dated as of January22, 2017, by and among Pinnacle Financial
Partners, Inc. (Pinnacle), BNC, and Blue Merger Sub, Inc. (Merger
Sub), as such agreement may be amended from time to time (the
Merger Agreement) (the Merger Proposal); (2)a proposal to
approve, on an advisory (non-binding) basis, the compensation
that certain executive officers of BNC may receive in connection
with the Merger (as defined in the Merger Agreement) to existing
agreements or arrangements with BNC (the Compensation Proposal);
and (3)a proposal 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 Merger Proposal (the Adjournment Proposal).

The items voted upon at the Special Meeting and the final voting
results for each proposal were as follows:

Proposal 1the Merger Proposal

With respect to the Merger Proposal, the votes were as follows:

For

Against

Abstain

Broker Non-Votes

36,825,736 677,161 927,825

Proposal 2the Compensation Proposal

With respect to the Compensation Proposal, the votes were as
follows:

For

Against

Abstain

Broker Non-Votes

24,670,168 12,229,869 1,530,685

Proposal 3the Adjournment Proposal

With respect to the Adjournment Proposal, the votes were as
follows:

For

Against

Abstain

Broker Non-Votes

34,964,157 2,514,980 951,584
Item8.01. Other Events.

On June12, 2017, the Company and Pinnacle issued a joint press
release announcing the voting results for the proposals
considered at the Special Meeting and the special meeting of
Pinnacle shareholders, also held on June12, 2017. A copy of the
press release is filed herewith as Exhibit 99.1 and incorporated
by reference herein.

Item9.01 Financial Statements and Exhibits.
(d) Exhibits.

ExhibitNo.

Description

99.1 Press release, dated June 12, 2017


About BNC Bancorp (NASDAQ:BNCN)

BNC Bancorp is a bank holding company for Bank of North Carolina (BNC or the Bank). BNC is a full service commercial bank principally engaged in the business of attracting deposits from the general public and using those deposits, together with other funding from its lines of credit, to make primarily consumer and commercial loans. It operates through two segments: banking operations and mortgage origination. The primary purpose of the mortgage origination segment is the origination and subsequent sale of residential mortgage loans, while all other banking activities are performed in the banking operations segment. BNC also offers brokerage services, including financial planning, wealth management, private banking and insurance products. The Bank invests in government-sponsored mortgage-backed securities, the United States and government agency securities, municipal and corporate debt securities, and equity securities, among others.

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