Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) 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
On May 24, 2017, the Company held its Annual Meeting of
Stockholders. At the Annual Meeting, the stockholders (i) elected
certain Directors listed below for three year terms; (ii)
approved, on a non-binding advisory basis, the Companys executive
compensation practices; and (iii) ratified the appointment of
BKD, LLP as the Companys independent registered public
accountants. Of the shares of common stock outstanding as of the
record date for the Meeting, 90% were present in person or by
proxy.
The final results of voting on each of the matters submitted to a
vote of the Companys stockholders at the Meeting were as follows:
|
Number of Shares |
|||||||||||||||||
|
For |
Withheld |
Broker Non-Votes |
|||||||||||||||
| 1. |
The election of three Directors for a three year term. |
||||||||||||||||
|
Nominee |
|||||||||||||||||
|
John F. Griesemer |
2,786,931 | 64,951 | 1,103,634 | ||||||||||||||
|
James L. Sivils, III |
2,777,713 | 74,169 | 1,103,634 | ||||||||||||||
|
David T. Moore |
2,358,233 | 493,649 | 1,103,634 | ||||||||||||||
|
For |
Against |
Abstained |
Broker Non-Votes |
||||||||||||||
| 2. |
Advisory, non-binding, approval of executive compensation. |
2,683,000 | 72,264 | 96,618 | 1,103,634 | ||||||||||||
|
For |
Against |
Abstained |
Broker Non-Votes |
||||||||||||||
| 3. |
Ratification of the appointment of BKD, LLP as the |
3,944,991 | 9,971 | 554 | – | ||||||||||||
About Guaranty Federal Bancshares, Inc. (NASDAQ:GFED)
Guaranty Federal Bancshares, Inc. is the savings and loan holding company for Guaranty Federal Savings Bank (the Bank). The Company operates through banking operation segment. The banking segment is engaged in the business of originating mortgage loans secured by one- to four-family residences, multi-family, construction, commercial and consumer loans. The Bank’s primary market areas are Greene and Christian Counties, which are in the southwestern corner of Missouri, and includes the cities of Springfield, Nixa and Ozark, and Missouri. The Bank’s loan portfolio consists of mortgage loans, including one- to four-family loans, multi-family loans, construction loans and commercial real estate loans; commercial business loans, and consumer loans. The Bank invests in mortgage-backed securities, the United States Government and federal agency securities, and other marketable securities. The Company owns Guaranty Statutory Trust I and Guaranty Statutory Trust II. Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) Recent Trading Information
Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) closed its last trading session up +0.15 at 19.95 with 0 shares trading hands.
