First Horizon National Corporation (NYSE:FHN) Files An 8-K Submission of Matters to a Vote of Security HoldersITEM 5.07. Submission of Matters to a Vote of Security Holders.
Voting Results for Special Meeting of Shareholders Related to Capital Bank Financial Merger
On September 7, 2017, First Horizon held a special meeting of shareholders. At the special meeting, two vote items were acted upon by the shareholders; both were approved. The number of votes cast for or against as to each such matter, and the number of abstentions and broker non-votes as to each such matter, have been certified and are set forth in the tables below. All vote data is shown rounded to the nearest whole share. The summaries provided in the tables below are subject to the more complete descriptions provided in the Joint Proxy Statement and Prospectus, dated July 28, 2017, issued by First Horizon and Capital Bank Financial Corp. (“Capital Bank Financial”) and previously filed with the U.S. Securities and Exchange Commission by First Horizon as part of Registration No. 333-219052 on Form S-4. The closing of the transactions contemplated by the Agreement and Plan of Merger remains subject to the satisfaction of certain closing conditions, including receipt of regulatory approvals.
Vote Item 1: Approve First Horizon Stock Issuance to Support the Capital Bank Financial Merger
Outcome: Approved
| Summary | For | Against | Abstain | Broker Non-vote |
| Proposal to approve the issuance of shares of common stock in connection with the merger contemplated by the Agreement and Plan of Merger dated as of May 3, 2017, among First Horizon, Capital Bank Financial, and Firestone Sub, Inc. | 191,848,496 | 1,216,608 | 1,331,037 | -0- |
Vote Item 2: Approve Adjournments of the Special Meeting
Outcome: Approved*
| Summary | For | Against | Abstain | Broker Non-vote |
| Proposal to approve one or more adjournments of the First Horizon special meeting, as necessary or appropriate. | 174,298,897 | 18,874,411 | 1,222,833 | -0- |
*No adjournment occurred.
About First Horizon National Corporation (NYSE:FHN)
First Horizon National Corporation (FHN) is a bank holding company. The Company provides financial services through its subsidiary, First Tennessee Bank National Association (the Bank). The Company has four segments: regional banking, fixed income, corporate and non-strategic. The Company’s regional banking segment offers financial products and services, including traditional lending and deposit taking, to retail and commercial customers in Tennessee and other selected markets. The regional banking segment provides investments and financial planning. The Company’s fixed income segment consists of fixed income securities sales, trading, and strategies for institutional clients in the United States and abroad. The Company’s corporate segment consists of funds management, tax credit investment activities and gains on the extinguishment of debt, among others. The non-strategic segment offers wind-down national consumer lending activities and mortgage banking elements.
