HOME BANCSHARES, INC. (NASDAQ:HOMB) Files An 8-K Submission of Matters to a Vote of Security Holders

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HOME BANCSHARES, INC. (NASDAQ:HOMB) 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.

The Annual Meeting of Shareholders of Home BancShares, Inc. (the “Company”) was held on April19, 2018. The following items of business were presented to the shareholders:

(1)The fourteen directors were elected as proposed in the Proxy Statement dated March6, 2018 (the “Proxy Statement”), under the caption “Election of Directors” with votes cast as follows:

TotalVoteFor Each Director Total VoteWithheldFor

EachDirector

 Total Broker Non-VoteFor EachDirector

John W. Allison

 126,200,087 1,326,241 33,021,322

C. Randall Sims

 126,463,252 1,063,076 33,021,322

Brian S. Davis

 111,915,822 15,610,505 33,021,322

Milburn Adams

 124,974,725 2,551,603 33,021,322

Robert H. Adcock, Jr.

 78,830,111 48,696,217 33,021,322

Richard H. Ashley

 109,817,908 17,708,420 33,021,322

Mike D. Beebe

 124,290,756 3,235,572 33,021,322

Jack E. Engelkes

 124,761,968 2,764,360 33,021,322

Tracy M. French

 125,206,166 2,320,162 33,021,322

Karen R. Garrett

 126,557,247 969,081 33,021,322

James G. Hinkle

 69,726,388 57,799,940 33,021,322

Alex R. Lieblong

 126,078,246 1,448,082 33,021,322

Thomas J. Longe

 126,165,142 1,361,186 33,021,322

Jim Rankin, Jr.

 126,506,791 1,091,537 33,021,322

(2)The Company’s executive compensation was approved as proposed in the Proxy Statement under the caption “Advisory (Non-binding) Vote Approving Executive Compensation” with votes cast as follows: 116,515,840 votes for, 9,980,257 votes against, 1,030,230 votes abstaining and 33,021,322 broker non-votes.

(3)The shareholders recommended that the Company hold future advisory votes on the Company’s executive compensation every year, as proposed in the Proxy Statement under the caption “Frequency of Advisory Vote On Executive Compensation,” with votes cast as follows: 116,466,282 votes for every year, 471,066 votes for every two years, 9,205,449 votes for every three years, 1,383,530 votes abstaining and 33,021,322 broker non-votes. Based on the results of this advisory vote, our Board of Directors has determined that the Company will include an advisory vote on the Company’s executive compensation in its proxy materials every year until the next advisory vote on the frequency of such votes, which will occur no later than our Annual Meeting of Shareholders in 2024.

(4)The amendment to the Company’s Amended and Restated 2006 Stock Option and Performance Incentive Plan, as amended, to increase the number of shares reserved for issuance under such plan to 13,288,000, was approved as proposed in the Proxy Statement under the caption “Approval of Amendment to the Company’s Amended and Restated 2006 Stock Option and Performance Incentive Plan” with votes cast as follows: 123,423,129 votes for, 3,003,116 votes against, 1,100,082 votes abstaining and 33,021,322 broker non-votes. A copy of the amendment is attached as Exhibit 10.1 to this Current Report.

(5)The Audit Committee’s selection and appointment of the accounting firm of BKD, LLP as the Company’s independent registered public accounting firm for the year ending December31, 2018 was ratified with votes cast as follows: 159,329,340 votes for, 654,966 votes against, 563,343 votes abstaining and zero broker non-votes.

Abstentions and broker non-votes were counted for purposes of determining whether a quorum was present, but were not treated as votes cast on a proposal. Therefore, abstentions and broker non-votes did not have the effect of a vote for or against the proposal and were not counted in determining the number of votes required for approval.

Item 5.07 Financial Statements and Exhibits.

(d) Exhibits

10.1 Amendment to the Amended and Restated 2006 Stock Option and Performance Incentive Plan, as amended, of Home BancShares, Inc.


HOME BANCSHARES INC Exhibit
EX-10.1 2 d547274dex101.htm EX-10.1 EX-10.1 Exhibit 10.1 AMENDMENT TO HOME BANCSHARES,…
To view the full exhibit click here

About HOME BANCSHARES, INC. (NASDAQ:HOMB)

Home BancShares, Inc. is a bank holding company. The Company is engaged in providing a range of commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals and municipalities through its community bank subsidiary, Centennial Bank (the Bank). The Company offers a range of products and services, including 24-hour Internet banking, mobile banking and voice response information, cash management, overdraft protection, direct deposit, safe deposit boxes, United States savings bonds and automatic account transfers. Cook Insurance Agency, Inc. is an independent insurance agency. Centennial Insurance Agency writes policies for commercial and personal lines of business, including insurance for property, casualty, life, health and employee benefits. The Centennial Bank trust department offers an array of trust services. These trust services is focused on personal trusts, corporate trusts and employee benefit trusts.