ServisFirst Bancshares, Inc. (NASDAQ:SFBS) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 – Submission of Matters to a Vote of Security Holders.
| (a) | On May 15, 2018, the Company held its Annual Meeting of Stockholders. |
| (b) | Proxies for the Annual Meeting were solicited to Regulation 14A of the Securities Exchange Act of 1934, as amended. There was no solicitation in opposition to management’s nominees for directors as listed in the Proxy Statement, and all such nominees for director listed in the Proxy Statement were elected. The final results of the voting for directors are set forth below: |
Proposal 1
Election of Directors
| Nominee | For | Withhold |
Abstain |
Broker non-votes |
| Stanley M. Brock | 34,818,321 | 2,004,880 | – | 12,535,648 |
| Thomas A. Broughton III | 36,698,373 | 124,828 | – | 12,535,648 |
| J. Richard Cashio | 36,603,327 | 219,874 | – | 12,535,648 |
| James J. Filler | 36,697,183 | 126,018 | – | 12,535,648 |
| Michael D. Fuller | 36,603,327 | 219,874 | – | 12,535,648 |
| Hatton C.V. Smith | 36,697,534 | 125,666 | – | 12,535,648 |
Described below are the other matters voted upon at the Annual Meeting and the final number of affirmative votes, negative votes, abstentions and broker non-votes:
Proposal 2
Advisory vote on executive compensation – approved
| For | Against |
Abstain |
Broker non-votes |
| 36,190,062 | 290,638 | 342,500 | 12,535,648 |
Proposal 3
Ratification of Dixon Hughes Goodman LLP as Independent Registered Public Accounting Firm
for the year ending December 31, 2018 – approved
| For | Against |
Abstain |
Broker non-votes |
| 49,102,329 | 190,498 | 66,022 | – |
As of the record date of the Annual Meeting, 53,136,419 shares of common stock were issued and outstanding, with 49,358,848 shares of common stock represented by proxies at the Annual Meeting.
About ServisFirst Bancshares, Inc. (NASDAQ:SFBS)
ServisFirst Bancshares, Inc. is a bank holding company. The Company, through its subsidiary, ServisFirst Bank (the Bank), operates approximately 18 banking offices. Through its bank, the Company originates commercial, consumer and other loans and accepts deposits, provides electronic banking services, such as online and mobile banking, including remote deposit capture, delivers treasury and cash management services, and provides correspondent banking services to other financial institutions. The Company also offers a range of products and services, including around the clock telephone banking, direct deposit, Internet banking, mobile banking, traveler’s checks, safe deposit boxes, attorney trust accounts and automatic account transfers. The Company also participates in a shared network of automated teller machines (ATMs) and a debit card system that its customers are able to use throughout Alabama and in other states. Additionally, the Company offers Visa credit cards.
