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

ME Staff 8-k

8 years ago

MACATAWA BANK CORPORATION (NASDAQ:MCBC) 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.

Macatawa Bank Corporation’s (the “Company”) annual meeting
of shareholders was held on May 2, 2017. At that meeting, the
shareholders voted on three proposals and cast their votes as
described below.

Proposal 1

Three nominees for director for a term of three years stood for
election at the meeting. All nominees for director were elected
by the following votes:

Election of Directors	Votes Cast
	For		Withheld		Broker Non-Votes
Mark J. Bugge		18,463,239		2,116,981		8,621,949
Birgit M. Klohs		18,033,118		2,547,102		8,621,949
Thomas P. Rosenbach		18,986,636		1,593,584		8,621,949

Proposal 2

Proposal 2 was a non-binding, advisory vote on the
compensation of the named executive officers, as disclosed to
Item 402 of Regulation S-K in the proxy statement. This
proposal was approved by the following votes:

Votes Cast
For	Against	Abstain	Broker Non-Votes
18,194,312	924,339	1,461,569	8,621,949

A non-binding advisory proposal to approve compensation of
the named executive officers will next occur in connection
with the Company’s 2018 annual meeting of shareholders.

Proposal 3

Proposal 3 was a proposal to ratify the appointment of BDO USA,
LLP as independent registered public accounting firm for the
year ending December 31, 2017, as described in the proxy
statement. This proposal was approved by the following votes:

Votes Cast
For	Against	Abstain	Broker Non-Votes
27,502,011	306,396	1,393,762

About MACATAWA BANK CORPORATION (NASDAQ:MCBC)
Macatawa Bank Corporation is a bank holding company. The Company owns Macatawa Bank (the Bank). The Company focuses on commercial banking. It also offers automated teller machines (ATMs), Internet banking, telephone banking and debit cards. It offers personal trust services, which include financial planning, investment management services, trust and estate administration, and custodial services. The Company’s retirement plan services provide various types of qualified retirement plans, including profit sharing, 401(k) and pension plans. Through its subsidiary, Macatawa Bank, the Company offers a range of commercial and personal banking services, including checking, savings and certificates of deposit accounts, cash management, safe deposit boxes, trust services and commercial, mortgage and consumer loans through over 30 branch offices, and a lending and operation service facility in Ottawa County, Kent County and northern Allegan County, Michigan. MACATAWA BANK CORPORATION (NASDAQ:MCBC) Recent Trading Information
MACATAWA BANK CORPORATION (NASDAQ:MCBC) closed its last trading session down -0.12 at 9.73 with 50,815 shares trading hands.