MARLIN BUSINESS SERVICES CORP. (NASDAQ:MRLN) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07. Submission of Matters to a Vote of Security Holders
On May31, 2018, the Registrant held its Annual Meeting of Shareholders (the “Meeting”). At the Meeting, the shareholders elected six Directors to serve until the 2019 Annual Meeting of Shareholders and until their successors are elected and qualified. The vote on each Director is set forth below:
|
Name |
For | Withheld |
|
John J. Calamari |
10,119,723shares | 260,651shares |
|
Lawrence J. DeAngelo |
9,848,632 shares | 531,742 shares |
|
Scott Heimes |
10,138,812 shares | 241,562 shares |
|
Jeffrey A. Hilzinger |
10,131,606 shares | 248,763 shares |
|
Matthew J. Sullivan |
10,129,157 shares | 251,217 shares |
|
J. Christopher Teets |
9,784,788 shares | 595,586 shares |
|
James W. Wert |
10,116,723 shares | 263,651 shares |
There were 1,079,804 broker non-votes.
The shareholders also approved, on an advisory basis, the compensation paid to the Registrant’s named executives as described in the Registrant’s Proxy Statement for the 2018 Annual Meeting of Shareholders.
Such proposal was approved by a vote of 10,257,673 for, 121,393 against and 1,308 abstained. There were 1,079,804 broker non-votes.
The shareholders also ratified the appointment and retention of Deloitte& Touche LLP as the Registrant’s independent auditor.
Such ratification was approved by a vote of 11,423,068 for, 29,218 against and 5,892 abstained. There were no broker non-votes.
About MARLIN BUSINESS SERVICES CORP. (NASDAQ:MRLN)
Marlin Business Services Corp. is a provider of equipment financing solutions primarily to small and mid-sized businesses. The Company finances over 100 categories of common-use commercial equipment, including copiers, computers and software, security systems, telecommunications equipment, and certain commercial and industrial equipment. The Company accesses its end user customers primarily through origination sources, including its existing network of over 12,300 independent commercial equipment dealers and various national account programs; through direct solicitation of its end user customers, and through relationships with select lease brokers. The Company provides equipment dealers with the ability to offer its lease financing and related services to their customers as an integrated part of their selling process. The Company’s product offerings include equipment leases, property insurance on leased equipment, and funding stream.