CATHAY GENERAL BANCORP (NASDAQ:CATY) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07 Submission of Matters to a Vote of Security Holders.
On May 15, 2017, Cathay General Bancorp (the Company) held its
Annual Meeting of Stockholders at which the stockholders voted
upon (i) the election of four Class III directors to serve until
the 2020 annual meeting of stockholders and their successors have
been elected and qualified, (ii) an advisory (non-binding)
resolution to approve the Companys executive compensation, and
(iii) the ratification of the appointment of KPMG LLP as the
Companys independent registered public accounting firm for the
2017 fiscal year.
The stockholders elected all four Class III director nominees,
approved the advisory (non-binding) resolution to approve the
Companys executive compensation, and ratified the appointment of
KPMG LLP as the Companys independent registered public accounting
firm for the 2017 fiscal year. The number of votes cast for and
against, as well as the number of abstentions and broker
non-votes as to each such matter voted upon, as applicable, are
set forth below.
Election of Four Class
III
Directors
|
Name |
For |
Against |
Abstain |
Broker Non-Votes |
|
Nelson Chung |
60,401,896 |
92,064 |
37,302 |
10,754,888 |
|
Felix S. Fernandez |
60,210,169 |
100,685 |
220,408 |
10,754,888 |
|
Ting Y. Liu |
60,178,424 |
306,518 |
46,320 |
10,754,888 |
|
Richard Sun |
60,408,003 |
75,922 |
47,337 |
10,754,888 |
Advisory (Non-Binding)
Vote to Approve Our
Executive Compensation
|
For |
Against |
Abstain |
Broker Non-Votes |
|
59,077,602 |
1,257,401 |
196,259 |
10,754,888 |
Proposal to Ratify the Appointment of KPMG LLP as Our
Independent Registered Public Accounting Firm for the
201 Fiscal
Year
|
For |
Against |
Abstain |
Broker Non-Votes |
|
70,768,226 |
457,700 |
60,224 |
About CATHAY GENERAL BANCORP (NASDAQ:CATY)
Cathay General Bancorp is a bank holding company. The Company holds Cathay Bank, a California state-chartered commercial bank (the Bank); approximately seven limited partnerships investing in affordable housing investments, in which the Bank is the sole limited partner; GBC Venture Capital, Inc, and Asia Realty Corp. It also owns the common stock of over five statutory business trusts created for issuing capital securities. The Bank primarily services individuals, professionals and small to medium-sized businesses in the local markets and provides commercial mortgage loans, commercial loans, small business administration (SBA) loans, residential mortgage loans, real estate construction loans, home equity lines of credit and installment loans to individuals for automobile, household and other consumer expenditures. The Bank offers passbook accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, and public funds deposits. CATHAY GENERAL BANCORP (NASDAQ:CATY) Recent Trading Information
CATHAY GENERAL BANCORP (NASDAQ:CATY) closed its last trading session up +0.07 at 38.22 with 509,442 shares trading hands.