SMARTFINANCIAL, INC. (NASDAQ:SMBK) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07 Submission of Matters to a Vote of Security Holders.
(a) Annual Meeting. On May18, 2017,
SmartFinancial, Inc. (the Company) held its annual meeting
of shareholders. There were 8,207,091 shares of Company common
stock issued and outstanding as of the record date. Of these,
6,959,486 shares voted either in person or by proxy.
(b) Election of Directors. Shareholders elected
the following nominees as directors, constituting the entire
board of directors, by the votes indicated below.
|
Name |
VotesFor | VotesAgainst | Abstentions | BrokerNon- Votes | ||||||||||||
|
Victor L. Barrett |
5,290,109 | 1,529 | 1,667,848 | |||||||||||||
|
Monique P. Berke |
5,285,941 | 5,697 | 1,667,848 | |||||||||||||
|
William (Billy) Y. Carroll, Jr. |
5,288,409 | 3,229 | 1,667,848 | |||||||||||||
|
William (Bill) Y. Carroll, Sr. |
5,288,409 | 3,229 | 1,667,848 | |||||||||||||
|
Frank S. McDonald |
5,286,052 | 5,586 | 1,667,848 | |||||||||||||
|
Ted C. Miller |
5,287,792 | 3,846 | 1,667,848 | |||||||||||||
|
David A. Ogle |
5,289,909 | 1,729 | 1,667,848 | |||||||||||||
|
Doyce G. Payne, M.D. |
5,289,909 | 1,729 | 1,667,848 | |||||||||||||
|
Wesley M. (Miller) Welborn |
5,289,909 | 1,729 | 1,667,848 | |||||||||||||
|
Keith E. Whaley, O.D. |
5,289,909 | 1,729 | 1,667,848 | |||||||||||||
|
Geoffrey A. Wolpert |
5,289,909 | 1,729 | 1,667,848 |
(c) Ratification of Independent Registered Public
Accounting Firm. Shareholders approved the non-binding
proposal to ratify the appointment of Mauldin Jenkins, LLC as the
Companys independent registered public accounting firm for the
fiscal year ending December31, 2017, by the following vote:
| Votes For | VotesAgainst | Abstentions | BrokerNon-Votes | |||||||||||
| 6,931,444 | 27,051 |
Item8.01 Other Events.
The Company used the presentation materials furnished herewith at
the annual meeting of shareholders, held on May18, 2017. A copy
of such materials is included as Exhibit 99.1 to this Current
Report on Form 8-K. The Company does not undertake to update
these materials after the date of this Report, nor will this
Report be deemed a determination or admission as to the
materiality of any information contained herein (including the
information in Exhibit 99.1).
2
The information set forth in this Item8.01 (including the
information in Exhibit 99.1 attached hereto) is being furnished
to the Securities and Exchange Commission and is not deemed to be
filed for purposes of Section18 of the Securities Exchange Act of
1934, as amended (the Exchange Act), or otherwise subject to
liability under the Exchange Act. Such information shall not be
incorporated by reference into any registration statement or
other document filed under the Securities Act of 1933, as
amended, or the Exchange Act, except as shall be expressly set
forth by specific reference in such filing.
Item9.01 Financial Statements Exhibits
| 99.1 | 2017 Annual Meeting Presentation to Shareholders |
3
About SMARTFINANCIAL, INC. (NASDAQ:SMBK)
SmartFinancial, Inc., formerly Cornerstone Bancshares, Inc., is a bank holding company. The Company operates through its SmartBank subsidiary (The Bank). The principal business of the Bank consists of attracting deposits from the public and investing those funds, together with funds generated from operations and from principal and interest payments on loans. It offers commercial real estate-mortgage, consumer real estate-mortgage, construction and land development, commercial and industrial, and consumer and other loans. The Bank’s investment portfolio consists of Federal agency bonds, mortgage-backed securities, and state and municipal securities. The Bank provides a range of deposit services to businesses and individuals, including non-interest bearing checking accounts, interest bearing checking accounts, savings accounts, money market accounts, individual retirement accounts (IRAs) and certificates of deposit (CDs). SmartBank operates in approximately seven banking offices. SMARTFINANCIAL, INC. (NASDAQ:SMBK) Recent Trading Information
SMARTFINANCIAL, INC. (NASDAQ:SMBK) closed its last trading session down -0.10 at 23.24 with shares trading hands.