SBT Bancorp, Inc. (OTCMKTS:SBTB) 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.
Bancorp, Inc. (the Corporation) was held (the Annual Meeting). A
total of 1,136,471 of the Corporations shares were present or
represented by proxy at the Annual Meeting, which constituted a
quorum for the annual meeting. The Corporations shareholders took
the following actions:
Corporations proxy statement for the Annual Meeting, to serve as
Class III directors of the Corporation for three year terms
ending at the 2020 Annual Meeting of Shareholders. The following
is a list of Class III directors elected at the Annual Meeting
with the number of votes For and Withheld as well as the number
of abstentions and broker non-votes.
|
Name
|
For
|
Withheld
|
Abstentions
|
Broker Non-Votes
|
||||
|
Robert J. Bogino
|
755,429
|
131,627
|
886,637
|
|||||
|
Nicholas B. Mason
|
755,504
|
131,552
|
886,637
|
|||||
|
David W. Sessions
|
755,573
|
131,483
|
886,637
|
|||||
|
Ann G. Taylor
|
755,918
|
131,138
|
886,637
|
compensation of the named executive officers of the Corporation.
The number of shares voted For and Against this proposal, as well
as the number of abstentions and broker non-votes, were as
follows:
|
Number of Votes
|
||
|
For
|
743,218
|
|
|
Against
|
82,643
|
|
|
Abstentions
|
61,195
|
|
|
Broker Non-Votes
|
249,415
|
certified public accountants, as independent registered public
accounting firm for the Corporation for the fiscal year ending
December 31, 2017. The number of shares voted For and Against
this proposal, as well as the number of abstentions and broker
non-votes, were as follows:
|
Number of Votes
|
||
|
For
|
1,058,419
|
|
|
Against
|
77,636
|
|
|
Abstentions
|
416
|
|
|
Broker Non-Votes
|
0
|
materials included as Exhibit 99.1 to this report that was
presented at the Annual Meeting. The Corporation is not
undertaking to update this presentation, which did not include
any material nonpublic information. The information contained in
Exhibit 99.1 is being furnished and shall not be deemed to be
filed for the purposes of Section 18 of the Securities Exchange
Act of 1934, as amended, or otherwise subject to the liabilities
of that section. The disclosure of the presentation materials
under Item 8.01 of Form 8-K will not be deemed an admission as to
the materiality of any information in this Item 8.01 (including
Exhibit 99.1).
|
Exhibit
No.
|
Description of Exhibit
|
|
99.1
|
SBT Bancorp, Inc. presentation materials for 2017 Annual
Meeting of Shareholders. |
About SBT Bancorp, Inc. (OTCMKTS:SBTB)
SBT Bancorp, Inc. is the holding company for The Simsbury Bank & Trust Company, Inc. (the Bank). The Company is engaged in investment in the Bank, which is a community-oriented financial institution providing a range of banking and investment services. The Bank offers a range of commercial banking services to residents and businesses in its primary and secondary markets through a range of commercial loans and residential mortgage programs, as well as home equity lines and loans, Federal Deposit Insurance Corporation (FDIC)-insured checking, savings, and individual retirement account (IRA) accounts, as well as safe deposit and other customary non-deposit banking services. The Bank’s loan portfolio consists of commercial and industrial, real estate-construction and land development, real estate-residential, real estate-commercial, municipal, home equity and consumer loans. The Bank offers investment products to customers through SBT Investment Services, Inc., a subsidiary of the Bank. SBT Bancorp, Inc. (OTCMKTS:SBTB) Recent Trading Information
SBT Bancorp, Inc. (OTCMKTS:SBTB) closed its last trading session up +0.30 at 25.55 with 2,479 shares trading hands.