TriCo Bancshares (NASDAQ:TCBK) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07.
On May22, 2018, TriCo Bancshares (the “Company”) held its 2018 annual meeting of shareholders. As of the record date for the annual meeting, there were 22,968,323 shares of common stock outstanding entitled to vote on all proposals presented at the annual meeting. At the annual meeting, the Company’s shareholders (i)elected all 10 nominees to the Company’s Board of Directors, (ii)approved the compensation of the Company’s executive officers on an advisory (nonbinding) basis, and (iii)ratified the selection of Moss Adams,LLP as the Company’s principal independent auditor for 2018. The following are the voting results of each matter submitted to the Company’s shareholders at the annual meeting.
| 1. | Election of the following 10 nominees to the Company’s Board of Directors: |
|
Nominee |
For | Withheld | Abstained/Broker Non-Votes |
|
Donald J. Amaral |
17,052,443 | 295,684 | 2,870,522 |
|
William J. Casey |
16,720,402 | 627,725 | 2,870,522 |
|
L. Gage Chrysler III |
16,181,350 | 1,167,493 | 2,870,522 |
|
Craig S. Compton |
16,717,370 | 630,757 | 2,870,522 |
|
Cory W. Giese |
17,192,622 | 155,505 | 2,870,522 |
|
John S. A. Hasbrook |
17,053,023 | 295,104 | 2,870,522 |
|
Michael W. Koehnen |
17,051,852 | 296,274 | 2,870,522 |
|
Martin A. Mariani |
17,237,205 | 110,922 | 2,870,522 |
|
Richard P. Smith |
17,258,981 | 89,146 | 2,870,522 |
|
W. Virginia Walker |
17,238,897 | 109,230 | 2,870,522 |
| 2. | Advisory (nonbinding) resolution to approve the compensation of the Company’s executives: |
| Votes | |
|
For |
16,619,160 |
|
Against |
513,506 |
|
Abstain |
216,177 |
|
Broker Non-Votes |
2,870,522 |
| 3. | Ratification of Moss Adams LLP as the Company’s independent public accountants for the 2018 fiscal year: |
| Votes | |
|
For |
20,039,482 |
|
Against |
39,946 |
|
Abstain |
139,937 |
|
Broker Non-Votes |
About TriCo Bancshares (NASDAQ:TCBK)
TriCo Bancshares is the bank holding company of Tri Counties Bank (the Bank). The Company operates through community banking segment. The Bank is engaged in the general commercial banking business in approximately 30 counties in Northern and Central California. The Bank operates from over 50 traditional branches and over 10 in-store branches. It conducts a commercial banking business, including accepting demand, savings and time deposits, and making commercial, real estate and consumer loans. It also offers installment note collection, issues cashier’s checks, sells travelers checks, and provides safe deposit boxes and other customary banking services. The Bank provides brokerage services at its offices by the association with Raymond James Financial Services, Inc., which is a financial services provider and broker-dealer. The Bank is focused on retail banking operations. It focuses on serving the needs of local businesses, farmers and ranchers, retired individuals and wage earners.
