SB FINANCIAL GROUP, INC (NASDAQ:SBFGP) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07. Results of Operations and Financial Condition.
The 2017 Annual Meeting of Shareholders (the Annual Meeting) of
SB Financial Group, Inc. (SB Financial) was held on April 19,
2017, in Defiance, Ohio. At the close of business on the record
date for the Annual Meeting (February 23, 2017), a total of
4,907,337 SB Financial common shares were outstanding and
entitled to vote. A total of 3,056,937, or 62.29% of the
outstanding common shares outstanding and entitled to vote, were
represented in person or by proxy at the Annual Meeting. Provided
below are the final voting results for the Annual Meeting.
Proposal No. 1:
The following directors were elected at the Annual Meeting for
three-year terms expiring in 2020:
| Number of Votes | ||||||||||||
| For | Withheld | Broker Non-Votes | ||||||||||
| Robert A. Fawcett | 1,382,789 | 377,494 | 1,296,654 | |||||||||
| Gaylyn J. Finn | 1,415,389 | 344,894 | 1,296,654 | |||||||||
| Rita A. Kissner | 1,396,402 | 363,881 | 1,296,654 | |||||||||
Proposal No. 2:
Shareholders holding a majority of the SB Financial common shares
represented in person or by proxy at the Annual Meeting approved
Proposal No. 2, to ratify the appointment of BKD, LLP as the
independent registered public accounting firm of SB Financial
Group for the fiscal year ending December 31, 2017:
| Number of Votes | ||||||||||||||
| For | Against | Broker Non-Votes | Abstain | |||||||||||
| 3,028,698 | 21,676 | 1,296,654 | 6,563 | |||||||||||
Proposal No. 3:
Shareholders holding a majority of the SB Financial common shares
represented in person or by proxy at the Annual Meeting approved
Proposal No. 3, to consider and vote upon a proposal to approve
the 2017 SB Financial Group Stock Incentive Plan:
| Number of Votes | ||||||||||||||
| For | Against | Broker Non-Votes | Abstain | |||||||||||
| 1,394,148 | 331,889 | 1,296,654 | 34,246 | |||||||||||
Proposal No. 4:
Shareholders holding a majority of the SB Financial common shares
represented in person or by proxy at the Annual Meeting approved
Proposal No. 4, to consider and vote upon a non-binding advisory
resolution to approve the compensation of SB Financials named
executive officers:
| Number of Votes | ||||||||||||||
| For | Against | Broker Non-Votes | Abstain | |||||||||||
| 1,638,987 | 77,869 | 1,296,654 | 43,427 | |||||||||||
SB FINANCIAL GROUP, INC (NASDAQ:SBFGP) Recent Trading Information
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