BofI Holding, Inc. (NASDAQ:BOFI) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07: Submission of Matters to a Vote of Security Holders.
BofI Holding, Inc. (the “Company”) held its annual meeting of stockholders on October 26, 2017. Proxy statements were sent to all of the Company’s common stockholders of record as of August 28, 2017. Set forth below are the official vote tabulations for each of the matters submitted to a vote of the stockholders.
The first proposal was the election of the following Class I directors: John Gary Burke and Nicholas A. Mosich.
|
For |
Withheld |
Non-Votes |
|
|
John Gary Burke |
36,609,104 |
2,521,650 |
16,897,609 |
|
Nicholas A. Mosich |
37,062,400 |
2,068,354 |
16,897,609 |
The second proposal was the approval, in a non-binding and advisory vote, the compensation of the Company’s Named Executive Officers as disclosed in the Company’s proxy statement.
|
For |
Against |
Abstain |
Non-Votes |
|
17,919,096 |
20,727,830 |
483,828 |
16,897,609 |
The third proposal was the recommendation, in a non-binding and advisory vote, whether future non-binding and advisory stockholder vote on executive compensation should occur every year, every two years, or every three years.
|
1 year |
2 years |
3 years |
Abstain |
Non-Votes |
|
25,304,016 |
190,715 |
10,761,241 |
2,874,782 |
16,897,609 |
The fourth proposal was the ratification of the appointment of BDO USA, LLP as the Company’s independent accountants for fiscal year 2018.
|
For |
Against |
Abstain |
Non-Votes |
|
55,733,111 |
92,786 |
202,466 |
About BofI Holding, Inc. (NASDAQ:BOFI)
BofI Holding, Inc. (BofI) is the holding company for BofI Federal Bank (the Bank). The Bank is a diversified financial services company. The Bank provides consumer and business banking products through its branchless, low-cost distribution channels and affinity partners. The Bank has deposit and loan customers, including consumer and business checking, savings and time deposit accounts and financing for single family and multifamily residential properties, small-to-medium size businesses in target sectors, and selected specialty finance receivables. The Bank distributes its deposit products through a range of retail distribution channels, and its deposits consist of demand, savings and time deposits accounts. Its mortgage-backed securities consist primarily of mortgage pass-through securities issued by government-sponsored entities and non-agency collateralized mortgage obligations and pass-through mortgage-backed securities issued by private sponsors.