INDEPENDENT BANK CORPORATION (NASDAQ:IBCP) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k
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INDEPENDENT BANK CORPORATION (NASDAQ:IBCP) 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
At the Company’s Annual Meeting of Shareholders held on April
25, 2017, the matters listed below were submitted to a vote of
the shareholders through the solicitation of proxies. The
proposals are described in detail in the Companys proxy
statement, filed with the SEC on March 7, 2017. The voting
results are as follows:
Proposal 1: Election of Directors
The following individuals were elected to serve as directors of
the Company to hold office until the 2020 Annual Meeting of
Shareholders, under the terms of the Company’s Bylaws:
Nominee
For
Against
Abstain
Non-Votes
Stephen L. Gulis, Jr.
15,715,670
1,390,464
71,894
2,251,383
Terry L. Haske
16,916,059
199,362
62,607
2,251,383
William B. Kessel
16,910,204
210,704
57,120
2,251,383
Proposal 2: Ratification of the Appointment of Independent
Auditors
The shareholders ratified the appointment of Crowe Horwath LLP to
serve as the Company’s independent registered public accounting
firm for the fiscal year ending December 31, 2017.
For
Against
Abstain
Non-Votes
19,222,975
196,231
10,205
—
Proposal 3: Advisory (Non-Binding) Vote on Executive
Compensation
The shareholders approved a proposed resolution approving the
compensation of the Company’s named executive officers, as
disclosed to the compensation disclosure rules of the SEC.
For
Against
Abstain
Non-Votes
16,844,197
282,284
51,547
2,251,383
Proposal 4: Amendment to the Companys Long-Term Incentive Plan
(the LTIP) to make an additional 400,000 shares of common stock
available for issuance under the LTIP.
The shareholders approved an amendment to the LTIP authorizing
the issuance of up to 400,000 additional shares of common stock.
For
Against
Abstain
Non-Votes
16,129,389
1,026,909
21,730
2,251,383


About INDEPENDENT BANK CORPORATION (NASDAQ:IBCP)

Independent Bank Corporation is a bank holding company. The Company owns all of the outstanding stock of Independent Bank (the Bank). The Bank is engaged in providing commercial banking. The Bank offers a range of banking services to individuals and businesses, including checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending and safe deposit box services. The Company’s principal markets are the rural and suburban communities across Lower Michigan, which are served by the Bank’s main office in Grand Rapids, Michigan, and a total of approximately 60 branches, over one drive-in facility and approximately eight loan production offices. The Bank’s branches provide lobby and drive-in services, as well as automatic teller machines (ATMs). In addition to general banking services, its Bank also offers title insurance services and investment services.

INDEPENDENT BANK CORPORATION (NASDAQ:IBCP) Recent Trading Information

INDEPENDENT BANK CORPORATION (NASDAQ:IBCP) closed its last trading session 00.00 at 23.30 with 143,523 shares trading hands.