Horizon Bancorp (NASDAQ:HBNC) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k
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Horizon Bancorp (NASDAQ:HBNC) 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 4, 2017, the Company held its Annual Meeting of
Shareholders. Only holders of the Companys common stock at the
close of business on March 3, 2017 (the Record Date) were
entitled to vote at the annual meeting. As of the Record Date,
there were 22,195,715 shares of common stock entitled to vote.
A total of 18,099,190 shares of common stock (81.5%),
constituting a quorum, were represented in person or by valid
proxies at the annual meeting.
The Companys shareholders voted on three proposals at the
annual meeting. The proposals are described in detail in the
proxy statement filed by the Company with the Securities and
Exchange Commission on March 17, 2017. The final results of the
votes regarding each proposal are set forth below.
Proposal 1: Election of Directors
The Companys shareholders elected four directors to the Board
of Directors to serve for a three-year term until the 2020
annual meeting of shareholders. The votes regarding this
proposal were as follows:
For
Withhold
Broker Non-Votes
James B. Dworkin
12,563,988
1,586,969
3,948,233
Daniel F. Hopp
12,202,996
1,947,961
3,948,233
Michele M. Magnuson
13,609,867
541,090
3,948,233
Steven W. Reed
12,583,956
1,567,001
3,948,233
Proposal 2: Advisory Vote to Approve Executive Compensation.
The votes regarding this proposal were as follows:
For
Against
Abstain
Broker Non-Votes
13,445,071
416,433
289,453
3,948,233
Proposal 3: Ratification of Appointment of BKD, LLP as
Independent Auditors for 2017
The votes regarding this proposal were as follows:
For
Against
Abstain
17,705,076
299,863
94,251


About Horizon Bancorp (NASDAQ:HBNC)

Horizon Bancorp is a bank holding company. The Company provides a range of banking services in Northwestern and Central Indiana and Southwestern Michigan through its bank subsidiary, Horizon Bank, N.A. (the Bank), and other affiliated entities and Horizon Risk Management, Inc. The Bank is a full-service commercial bank offering commercial and retail banking services, corporate and individual trust and agency services and other services incident to banking. Horizon Risk Management, Inc. is a captive insurance company. The Bank’s loan portfolio consists of commercial loans, real estate loans, mortgage warehouse loans and consumer loans. The Bank’s investment securities include both securities available for sale and held to maturity. Its deposits include noninterest-bearing demand deposits, interest-bearing demand deposits, savings deposits, money market deposits and time deposits. The Bank maintains approximately 54 full service offices.

Horizon Bancorp (NASDAQ:HBNC) Recent Trading Information

Horizon Bancorp (NASDAQ:HBNC) closed its last trading session down -0.15 at 26.86 with 31,298 shares trading hands.