GEORGETOWN BANCORP, INC. (NASDAQ:GTWN) 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 Special Meeting of Stockholders of Georgetown Bancorp, Inc.
(the Company) was held on February 13, 2017. 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 proxy statement filed with the Securities and
Exchange Commission on January 3, 2017.The final results of the
stockholder votes are as follows:
Proposal 1 Approval of the Agreement and Plan of Merger, by and
among Salem Five Bancorp, Bright Star, Inc. and Georgetown
Bancorp, Inc.
The stockholders approved the Agreement and Plan of Merger, dated
as of October 5, 2016, by and among Salem Five Bancorp, Bright
Star, Inc. and Georgetown Bancorp, Inc., to which Bright Star,
Inc. will merge with and into Georgetown Bancorp, Inc., as well
as the merger, as follows:
For |
1,413,682 |
Against |
39,090 |
Abstain |
1,213 |
Broker non-votes |
0 |
Proposal 2 Approval of non-binding, advisory resolution to
approve certain compensation payable to named executive officers
The stockholders approved a non-binding, advisory proposal to
approve the compensation payable to the named executive officers
of the Company in connection with the merger, as follows:
For |
1,188,409 |
Against |
257,243 |
Abstain |
8,333 |
Broker non-votes |
0 |
Proposal 3 Approval of Adjournment of Special Meeting
The stockholders approved the adjournment of the special meeting,
if necessary, to solicit additional proxies if there were not
sufficient voted present at the special meeting in person or by
proxy to approve the Agreement and Plan of Merger and the merger,
as follows:
For |
1,405,244 |
Against |
40,011 |
Abstain |
8,730 |
Broker non-votes |
0 |
Item 9.01.Financial Statements and Exhibits
Not Applicable.
2
GEORGETOWN BANCORP, INC. (NASDAQ:GTWN) Recent Trading Information
GEORGETOWN BANCORP, INC. (NASDAQ:GTWN) closed its last trading session down -0.05 at 25.85 with 4,263 shares trading hands.