SEACOAST BANKING CORPORATION OF FLORIDA (NASDAQ:SBCF) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07
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Submission of Matters to a Vote of Security Holders. |
On May 25, 2017, Seacoast Banking Corporation of Florida (the
Company) held its 2017 Annual Meeting of Shareholders. Of the
40,729,656 shares of common stock of the Company outstanding as
of the record date for the Annual Meeting, 34,534,665 shares were
present at the meeting in person or by proxy. The final results
of each of the proposals voted on by the Companys shareholders
are described below:
Proposal One Elect Directors: To re-elect the
four incumbent Class III directors. The vote for each director is
as set forth below.
| Number of Shares | |||
| Nominee | Votes For | Votes Withheld | Broker Non-Votes |
| Stephen E. Bohner | 28,624,822 | 485,776 | 5,424,067 |
| Julie H. Daum | 28,621,637 | 488,961 | 5,424,067 |
| Dennis S. Hudson, III | 27,275,711 | 1,834,887 | 5,424,067 |
| Alvaro J. Monserrat | 28,723,672 | 386,926 | 5,424,067 |
The four nominees were each elected to the board by a plurality
of the votes cast, as required by the Companys bylaws.
Proposal Two Ratification of Auditors: To ratify
the appointment of Crowe Horwath LLP as independent auditors for
the Company for the fiscal year ending December 31, 2017.
| Number of Shares | |||
| Votes For | Votes Against | Broker Non-Votes | Abstentions |
| 34,167,923 | 350,038 | 16,704 | |
[The vote required to approve this proposal was the affirmative
vote of a majority of the votes cast on the proposal.
Accordingly, this proposal was approved.]
Proposal Three Endorsement of Executive
Compensation: To allow shareholders to endorse or not
endorse, on a non-binding basis, the compensation of the Companys
named executive officers as disclosed in the Companys Proxy
Statement.
| Number of Shares | |||
| Votes For | Votes Against | Broker Non-Votes | Abstentions |
| 27,367,370 | 1,423,011 | 5,424,067 | 320,217 |
[The vote required to approve this proposal was the affirmative
vote of a majority of the votes cast on the proposal.
Accordingly, this proposal was approved.]
About SEACOAST BANKING CORPORATION OF FLORIDA (NASDAQ:SBCF)
Seacoast Banking Corporation of Florida is a bank holding company. The Company’s principal subsidiary is Seacoast National Bank, a national banking association (the Bank). The Company and its subsidiaries offer an array of deposit accounts and retail banking services, engage in consumer and commercial lending and provide a range of trust and asset management services, as well as securities and annuity products to its customers. The Company, through its bank subsidiary, provides a range of community banking services to commercial, small business and retail customers, offering a range of transaction and savings deposit products, treasury management services, brokerage, and secured and unsecured loan products, including revolving credit facilities, letters of credit and similar financial guarantees, and asset based financing. The Bank also provides trust and investment management services to retirement plans, corporations and individuals. SEACOAST BANKING CORPORATION OF FLORIDA (NASDAQ:SBCF) Recent Trading Information
SEACOAST BANKING CORPORATION OF FLORIDA (NASDAQ:SBCF) closed its last trading session down -0.07 at 22.68 with 169,453 shares trading hands.
