EQUITY BANCSHARES, INC. (NASDAQ:EQBK) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item5.02
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
The Board of Directors (the Board) of Equity Bancshares, Inc.
(the Company) previously adopted, subject to stockholder
approval, the Companys Annual Executive Incentive Plan (the
Incentive Plan). The Companys stockholders approved the Incentive
Plan at the Annual Meeting of Stockholders of the Company (the
Annual Meeting) on April26, 2017. The Incentive Plan, which
became effective upon stockholder approval, applies to the
Companys Chief Executive Officer and Chief Financial Officer. The
Incentive Plan is a non-equity incentive compensation plan to
which participating officers may earn cash incentive awards if
certain pre-determined targets, including overall Company level
performance and individual performance targets are met.
For a more detailed description of the Incentive Plan, please
refer to the Companys definitive proxy statement on Schedule 14A
filed with the Securities and Exchange Commission on March22,
2017 (the Proxy Statement). The foregoing description of the
Incentive Plan is not complete and is qualified in its entirety
by reference to the Incentive Plan, a copy of which is included
as Appendix A to the Proxy Statement and is incorporated herein
by reference as Exhibit 10.1 to this Current Report on Form 8-K.
| Item5.07 |
Submission of Matters to a Vote of Security Holders. |
On April26, 2017, the Company held its Annual Meeting to consider
and act upon the items listed below:
| 1. |
The stockholders of the Company elected the individuals listed below to serve as Class III members of the Companys Board of Directors to serve until the Companys 2020 annual meeting of stockholders by the votes set forth in the table below: |
| For | Against | Abstain | BrokerNon-Vote | |||||
| GaryC.Allerheiligen | 6,574,943 | 686,113 | 228,773 | 2,101,645 | ||||
| Jeff A. Bloomer | 6,574,943 | 686,113 | 228,773 | 2,101,645 | ||||
| P. John Eck | 6,489,206 | 771,850 | 228,773 | 2,101,645 | ||||
| Gregory L. Gaeddert | 6,581,874 | 679,182 | 228,773 | 2,101,645 |
| 2. |
The stockholders of the Company ratified the appointment of Crowe Chizek LLP as the Companys independent registered public accounting firm for the year ending December31, 2017 by the votes set forth in the table below: |
|
For |
Against |
Abstain |
||
| 9,573,280 | 18,194 |
| 3. |
The stockholders of the Company approved the Incentive Plan by the votes set forth in the table below: |
|
For |
Against |
Abstain |
BrokerNon-Vote |
|||
| 7,346,582 | 141,746 | 1,501 | 2,101,645 |
| Item9.01 | Financial Statements and Exhibits. |
(d) Exhibits
|
ExhibitNo. |
Description |
|
| 10.1 |
Equity Bancshares, Inc. Annual Executive Incentive Plan (incorporated by reference to Appendix A to Equity Bancshares, Inc.s Definitive Proxy Statement on Schedule 14A, filed with the SEC on March22, 2017). |
About EQUITY BANCSHARES, INC. (NASDAQ:EQBK)
Equity Bancshares, Inc. is a bank holding company. The Company’s principal activity is the ownership and management of its subsidiary, Equity Bank (the Bank). The Bank provides a range of financial services primarily to businesses and business owners, as well as individuals. As of November 10, 2016, the Company operated through 34 branches located in Kansas, Missouri and Arkansas. The Company’s operations involve the delivery of loan and deposit products to its customers. The Company offers commercial banking products and other services, including lending activities, deposit products, and other products and services. It offers a suite of online banking solutions, including access to account balances, online transfers, online bill payment, and electronic delivery of customer statements and mobile banking solutions. In addition, the Company offers commercial treasury management services, wire transfer, automated clearing house (ACH) services and cash management deposit products. EQUITY BANCSHARES, INC. (NASDAQ:EQBK) Recent Trading Information
EQUITY BANCSHARES, INC. (NASDAQ:EQBK) closed its last trading session up +0.03 at 31.90 with 32,934 shares trading hands.