OCEANFIRST FINANCIAL CORP. (NASDAQ:OCFC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
ITEM 5.02
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DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF
DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS |
2, 2017 (the “Annual Meeting”) the stockholders approved
Amendment No. 1 to the OceanFirst Financial Corp. 2011 Stock
Incentive Plan (the Plan). A description of the material features
of the amended Plan and a full copy of Amendment No. 1 to the
Plan were included in the proxy statement filed with the SEC on
April 26, 2017.
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ITEM 5.07
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SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
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29,238,339 shares were present or represented by proxy at the
Annual Meeting. The matters considered and voted on by the
Companys stockholders at the Annual Meeting and the votes of the
stockholders were as follows:
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Matter 1.
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The election of three directors, each for a three-year
term. |
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Nominee
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Shares Voted For
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Shares Withheld
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Broker Non-Votes
|
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Steven E. Brady
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24,761,750
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860,294
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3,616,295
|
|
Joseph J. Burke
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24,672,016
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950,028
|
3,616,295
|
|
Angelo Catania
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24,689,064
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932,980
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3,616,295
|
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Matter 2.
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An advisory (non-binding) vote to approve the compensation
paid to the |
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Shares Voted For
|
Shares Voted Against
|
Shares Voted Abstain
|
Broker Non-Votes
|
|
24,915,284
|
573,272
|
133,488
|
3,616,295
|
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Matter 3.
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Approval of Amendment No. 1 to the OceanFirst Financial
Corp. 2011 Stock Incentive Plan. |
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Shares Voted For
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Shares Voted Against
|
Shares Voted Abstain
|
Broker Non-Votes
|
|
24,701,686
|
792,797
|
127,561
|
3,616,295
|
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Matter 4.
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The ratification of the appointment of KPMG LLP as the
independent registered public accounting firm of the Company for the fiscal year ending December 31, 2017. |
|
Shares Voted For
|
Shares Voted Against
|
Shares Voted Abstain
|
Broker Non-Votes
|
|
28,338,144
|
865,716
|
34,479
|
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Matter 5.
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An advisory (non-binding) vote on the frequency of
stockholder voting on executive compensation. |
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Shares Voted For One Year
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Shares Voted For Two Years
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Shares Voted For Three Years
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Shares Voted Abstain
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Broker Non-Votes
|
|
21,893,598
|
100,949
|
3,520,386
|
107,111
|
3,616,295
|
About OCEANFIRST FINANCIAL CORP. (NASDAQ:OCFC)
OceanFirst Financial Corp. is a holding company for OceanFirst Bank (the Bank). The Company is a savings and loan holding company. The Bank’s principal business is attracting retail and business deposits in the communities surrounding its branch offices and investing those deposits primarily in loans, consisting of single-family, owner-occupied residential mortgage loans, and commercial real estate and other commercial loans. The Bank also invests in other types of loans, including residential construction and consumer loans. In addition, the Bank invests in mortgage-backed securities (MBS), securities issued by the United States Government and agencies thereof, corporate securities and other investments permitted by applicable law and regulations. The Bank’s revenues are derived principally from interest on its loans, interest on its investment and MBS. The Bank also receives income from fees and service charges on loan and deposit products, wealth management services and others.