Howard Bancorp, Inc. (NASDAQ:HBMD) 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.
stockholders held on May 24, 2017, the Companys stockholders
voted on the following matters:
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1.
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To elect four Class III directors to serve for a
three-year term expiring at the Annual Meeting of Stockholders in 2020, and until their successors are elected and qualify; and to elect one Class I director to serve for the remainder of a three-year term expiring at the Annual Meeting of Stockholders in 2018 and until his successor is elected and qualifies. |
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Votes
For
|
Votes
Withheld
|
Broker
Non-Votes
|
|||||
| Class III | |||||||
| Richard G. Arnold | 6,781,364 | 438,257 | 1,409,064 | ||||
| Nasser Basir | 6,774,099 | 445,522 | 1,409,064 | ||||
| Karen D. McGraw | 5,174,917 |
2,044,704
|
1,409,064 | ||||
| Mary Ann Scully | 6,788,232 | 431,389 | 1,409,064 | ||||
| Class I | |||||||
| Gary R. Bozel | 3,622,969 | 3,596,652 | 1,409,064 |
|
2.
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To approve a non-binding advisory proposal to approve the
compensation of the Companys named executive officers. |
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Votes For
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7,100,504
|
||
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Votes Against
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87,593
|
||
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Abstain
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31,524
|
||
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Broker Non-Votes
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1,409,064
|
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3.
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To ratify the appointment of Dixon Hughes Goodman LLP
as the independent registered public accounting firm to audit the Companys financial statements for 2017. |
|
Votes For
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8,172,400
|
||
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Votes Against
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430,703
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||
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Abstain
|
25,582
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About Howard Bancorp, Inc. (NASDAQ:HBMD)
Howard Bancorp, Inc. is the bank holding company of Howard Bank. The Company’s primary business is to own all of the capital stock of Howard Bank. The Company operates through Community Banking segment. Howard Bank is a trust company, which has approximately four operating subsidiaries. The Company offers a range of services to its customers, including wire transfer services, automated teller machine (ATM) and check cards, ATMs at all of its service branch locations, safe deposit boxes at all service locations and credit cards through a third-party processor. Additionally, it provides Internet banking services to its customers and merchant card services for its business customers. The Company’s primary market focus is on making loans to and gathering deposits from small and medium size businesses and their owners, professionals and executives, and high-net-worth individuals in its primary market area. Howard Bancorp, Inc. (NASDAQ:HBMD) Recent Trading Information
Howard Bancorp, Inc. (NASDAQ:HBMD) closed its last trading session down -0.30 at 19.90 with 27,212 shares trading hands.
