HAMILTON BANCORP, INC. (NASDAQ:HBK) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Securities Holders
The stockholders approved, on a non-binding, advisory basis, the compensation that certain executive officers of the Company may receive that is based on or otherwise relates to the Merger, as follows:
|
For |
2,130,550 |
|
Against |
308,546 |
|
Abstain |
60,280 |
|
Broker non-votes |
In connection with the Meeting, the Company also solicited proxies with respect to a proposal to adjourn the Meeting, if necessary or appropriate, in the event there were not sufficient votes in favor of the Merger Agreement at the time of the Meeting. The adjournment proposal was not submitted to the stockholders of the Company for approval at the Meeting because Company stockholders approved the Merger Agreement, as noted above.
About HAMILTON BANCORP, INC. (NASDAQ:HBK)
Hamilton Bancorp, Inc. is the holding company for Hamilton Bank (the Bank). The Company’s principal business activity is the ownership of the Bank’s capital stock and the management of the offering proceeds it retained in connection with the Bank’s conversion. The Bank is a federally chartered savings bank. The Bank’s business consists primarily of accepting deposits from the general public and investing those deposits, together with funds generated from operations, in one- to four-family residential mortgage loans, commercial real estate loans, commercial business loans, home equity loans and lines of credit, construction loans and consumer loans. It offers a range of deposit accounts, including certificate of deposit accounts, money market accounts, savings accounts, negotiable order of withdrawal (NOW) accounts and individual retirement accounts.
