FS BANCORP, INC. (NASDAQ:FSBW) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k
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FS BANCORP, INC. (NASDAQ:FSBW) Files An 8-K Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders

(a)
The Annual Meeting of FS Bancorp, Inc. (the “Company”)
was held on May 25, 2017 (“Annual Meeting”).
(b)
There were a total of 3,065,266 shares of the Company’s
common stock outstanding and entitled to vote at the
Annual Meeting. At the Annual Meeting, 2,595,829 shares
of common stock were represented in person or by proxy,
therefore, a quorum was present. The following proposals
were submitted by the Company’s Board of Directors to a
vote of shareholders:
Proposal 1. Election of Directors. The following three
individuals were elected as directors for three-year terms:
FOR
WITHHELD
BROKER
NON-
VOTES
No. of
Votes
Percentage
of
shares
present
No. of
Votes
Percentage
of
shares
present
No. of
votes
Michael J. Mansfield
1,955,285
98.87
%
22,291
1.13
%
618,253
Margaret R. Piesik
1,954,185
98.82
%
23,391
1.18
%
618,253
Mark H. Tueffers
1,954,285
98.82
%
23,291
1.18
%
618,253
Based on the votes set forth above, Michael J. Mansfield,
Margaret R. Piesik and Mark H. Tueffers were duly elected to
serve as directors of the Company for a three-year term expiring
at the annual meeting of shareholders in 2020.
The terms of Directors Joseph C. Adams, Joseph P. Zavaglia,
Judith A. Cochrane, Ted A. Leech and Marina Cofer-Wildsmith
continued.
Proposal 2. An advisory (non-binding) vote to approve the
compensation of the Company’s named executive officers. This
proposal received the following votes:
For
Against
Abstain
Broker Non-Vote
1,797,142
43,558
136,876
618,253
Based on the votes set forth above, the compensation of the
Company’s named executive officers was approved by shareholders.
Proposal 3. Ratification of the appointment of Moss Adams
LLP as the Company’s independent auditors for the year ending
December 31, 2017. This proposal received the following votes:
For
Against
Abstain
Broker Non-Vote
2,522,636
20,179
53,014
N/A
Based on the votes set forth above, the appointment of Moss Adams
LLP as the Company’s independent auditors to serve for the year
ending December 31, 2017 was duly ratified by the shareholders
(c) None.
(d) Not applicable.


About FS BANCORP, INC. (NASDAQ:FSBW)

FS Bancorp, Inc. is a holding company for 1st Security Bank of Washington (the Bank). The Company is a diversified lender with a focus on the origination of indirect home improvement loans, also referred to as fixture secured loans, commercial real estate mortgage loans, home loans, commercial business loans and second mortgage and home equity loan products. The Company operates through the community banking segment. The Bank is a relationship-driven community bank. The Bank offers banking and financial services to local families, local and regional businesses and various industries within distinct Puget Sound area communities. It offers a range of commercial real estate loans, which are secured by income producing properties, including retail centers, warehouses and office buildings located in the market areas. It offers a range of deposit instruments, including checking accounts, money market deposit accounts, savings accounts and certificates of deposit.

FS BANCORP, INC. (NASDAQ:FSBW) Recent Trading Information

FS BANCORP, INC. (NASDAQ:FSBW) closed its last trading session down -0.05 at 43.80 with 3,931 shares trading hands.