COMMUNITY WEST BANCSHARES (NASDAQ:CWBC) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07
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Submission of Matters to a Vote of Security Holders
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(Meeting) on May 25, 2017. There were issued and outstanding and
entitled to vote at the Annual Meeting 8,103,139 shares of common
stock. Present at the meeting, in person or by proxy, were
7,490,012 shares of common stock of the Company. The matters set
forth below were voted upon:
will serve for a one-year term was voted on by the shareholders.
The Inspector of Elections certified the following vote
tabulations for the nominees, all of whom were elected:
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Votes For
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Votes
Withheld
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Non
Votes
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||||||||||
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Robert H. Bartlein
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4,984,130
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1,549,029
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956,853
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|||||||||
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Jean W. Blois
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4,762,138
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1,771,021
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956,853
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|||||||||
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John D. Illgen
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4,789,012
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1,744,147
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956,853
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|||||||||
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James W. Lokey
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4,537,012
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1,996,147
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956,853
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|||||||||
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Shereef Moharram
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4,787,969
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1,745,190
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956,853
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|||||||||
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William R. Peeples
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4,916,910
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1,616,249
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956,853
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|||||||||
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Martin E. Plourd
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4,788,912
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1,744,247
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956,853
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|||||||||
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Kirk B. Stovesand
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4,996,730
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1,536,429
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956,853
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tabulations to consider and approve an amendment to the Companys
Articles of Incorporation to increase the authorized number of
shares of Common Stock, no par value, from twenty million
(20,000,000) to sixty million (60,000,000) which passed with more
than the required number of for votes:
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Votes For
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Votes Against
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Abstain
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Non-Votes
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|||||||||||
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4,181,772
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3,148,713
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159,527
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Stock Option Plan
tabulations to consider and approve an amendment to the Community
West Bancshares 2014 Stock Option Plan to increase the number of
shares of Common Stock reserved for issuance under the plan, and
the number of shares of Common Stock for which options may be
granted, by 250,000 to an aggregate of 750,000 which passed with
more than the required number of for votes:
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Votes For
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Votes Against
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Abstain
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Non-Votes
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|||||||||||
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4,465,898
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1,921,127
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146,134
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956,853
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Auditors
tabulations for the proposal to ratify the selection of RSM US
LLP, which passed with more than the required number of for
votes:
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Votes For
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Votes Against
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Abstain
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Non-Votes
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|||||||||||
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6,779,887
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79,430
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630,695
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About COMMUNITY WEST BANCSHARES (NASDAQ:CWBC)
Community West Bancshares is a bank holding company. The Company provides full-service banking through its subsidiary, Community West Bank, N.A. (the Bank). Through the Bank, the Company provides a range of financial products and services to customers, including lending and deposit products. The Company focuses on professionals, small to mid-sized businesses and individual households. Relationship banking is conducted at the community level through approximately five branch offices in the cities of Goleta, Santa Barbara, Santa Maria, Ventura and Westlake Village, California and a loan production office in San Luis Obispo. The Company’s products and services include deposit products, such as checking accounts, savings accounts, money market accounts and fixed rate, fixed maturity certificates of deposits, and lending products, including commercial loans, commercial real estate loans and consumer loans. COMMUNITY WEST BANCSHARES (NASDAQ:CWBC) Recent Trading Information
COMMUNITY WEST BANCSHARES (NASDAQ:CWBC) closed its last trading session down -0.05 at 10.14 with 3,779 shares trading hands.
