ESSA BANCORP, INC. (NASDAQ:ESSA) 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 March2, 2017, the 2017 Annual Meeting of Stockholders of ESSA
Bancorp, Inc. (the Company) was held at Northampton Community
College, Monroe Campus, Tannersville, Pennsylvania 18372 at 10:00
a.m., local time (the 2017 Annual Meeting). The matters listed
below were submitted to a vote of the stockholders through the
solicitation of proxies, and the proposals are described in
detail in the Companys Proxy Statement filed with the Securities
and Exchange Commission on January26, 2017.
The matters considered and voted on by the stockholders at the
2017 Annual Meeting and the votes of the stockholders were as
follows:
Proposal 1 Election of Four Directors
The stockholders elected the following directors who were
nominated to serve for a term of three years.
| For | Withheld | Broker non-votes | ||||||||||
|
Daniel J. Henning |
7,190,048 | 583,522 | 2,136,216 | |||||||||
|
Frederick E. Kutteroff |
7,154,629 | 618,941 | 2,136,216 | |||||||||
|
Elizabeth B. Weekes |
7,129,546 | 644,024 | 2,136,216 |
The stockholders elected the following director who was nominated
to serve for a term of one year.
|
For |
Withheld |
Broker non-votes |
||||||||||
|
BrianT.Regan |
7,456,948 | 316,622 | 2,136,216 |
Proposal 2 Ratification of the Appointment of Independent
Registered Public Accountants
The stockholders approved the ratification of S.R. Snodgrass,
P.C. as the Companys independent registered public accounting
firm for the fiscal year ending September30, 2017.
|
For |
Against |
Abstain |
||
| 9,726,858 | 43,126 | 139,802 |
Proposal 3 Advisory Vote on Executive
Compensation
The stockholders approved, on a non-binding, advisory basis, the
resolution regarding the executive compensation described in the
Proxy Statement as follows:
|
For |
Against |
Abstain |
Brokernon-votes |
|||
| 7,250,442 | 405,272 | 117,856 | 2,136,216 |
Proposal 4 Advisory Vote on Frequency of Future Say-on-Pay
Advisory Votes
The stockholders voted, on a non-binding, advisory basis, on the
frequency that stockholders will vote on the Companys executive
compensation as follows:
|
1 Year |
2 Years | 3 Years | Abstain | Brokernon-votes | ||||
| 6,881,776 | 196,508 | 605,278 | 90,008 | 2,136,216 |
In light of the voting results concerning the frequency with
which stockholders will vote on the Companys executive
compensation, the Companys Board of Directors intends that the
Company will hold an annual advisory, non-binding vote on its
executive compensation.
About ESSA BANCORP, INC. (NASDAQ:ESSA)
ESSA Bancorp, Inc. is a holding company for ESSA Bank & Trust (the Bank). The Bank is a community-oriented savings bank. The Bank provides financial services to individuals, families and businesses through its banking offices, located in Monroe, Northampton, Lehigh, Lackawanna, Luzerne, Chester, Delaware and Montgomery Counties, Pennsylvania. The Bank’s business consists primarily of accepting deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, in residential first mortgage loans (including construction mortgage loans), commercial real estate loans, home equity loans and lines of credit, commercial and consumer loans (including indirect auto loans). The Bank’s deposit accounts consist of savings accounts, interest bearing demand accounts, checking accounts, money market accounts, club accounts, certificates of deposit and individual retirement accounts (IRAs) and other qualified plan accounts. ESSA BANCORP, INC. (NASDAQ:ESSA) Recent Trading Information
ESSA BANCORP, INC. (NASDAQ:ESSA) closed its last trading session down -0.17 at 15.46 with 19,385 shares trading hands.
