TriCo Bancshares (NASDAQ:TCBK) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07.
|
Submission of Matters to a Vote of Security Holders. |
On May23, 2017, TriCo Bancshares (the Company) held its 2017
annual meeting of shareholders. As of the record date for the
annual meeting, there were 22,873,305 shares of common stock
outstanding entitled to vote on all proposals presented at the
annual meeting. 19,763,903 shares of common stock, or 86.41% of
the total outstanding, were present at the meeting in person or
by proxy. At the annual meeting, the Companys shareholders
(i)elected all 11 nominees to the Companys Board of Directors,
(ii)approved the compensation of the Companys executive officers
on an advisory (nonbinding) basis, (iii)voted, on an advisory
(nonbinding) basis, on the frequency of future advisory votes
concerning the compensation of our executives, and (iv)ratified
the selection of Crowe Horwath,LLP as the Companys principal
independent auditor for 2017. The following are the voting
results of each matter submitted to the Companys shareholders at
the annual meeting.
| 1. |
Election of the following 11 nominees to the Companys Board of Directors: |
|
Nominee |
For | Withheld | Abstained/ Broker Non-Votes | |||||||||
|
Donald J. Amaral |
16,723,957 | 313,219 | 2,726,727 | |||||||||
|
William J. Casey |
16,316,510 | 720,666 | 2,726,727 | |||||||||
|
Craig S. Compton |
16,373,547 | 663,630 | 2,726,727 | |||||||||
|
L. Gage Chrysler III |
15,653,930 | 1,383,246 | 2,726,727 | |||||||||
|
Cory W. Giese |
16,910,227 | 126,949 | 2,726,727 | |||||||||
|
John S. A. Hasbrook |
16,729,914 | 307,262 | 2,726,727 | |||||||||
|
Patrick A. Kilkenny |
16,922,993 | 114,183 | 2,726,727 | |||||||||
|
Michael W. Koehnen |
16,727,022 | 310,154 | 2,726,727 | |||||||||
|
Martin A. Mariani |
16,912,174 | 125,002 | 2,726,727 | |||||||||
|
Richard P. Smith |
16,870,846 | 166,330 | 2,726,727 | |||||||||
|
W. Virginia Walker |
16,913,340 | 123,836 | 2,726,727 |
| 2. |
Advisory (nonbinding) resolution to approve the compensation of the Companys executives: |
| Votes | ||||
|
For |
16,229,113 | |||
|
Against |
559,513 | |||
|
Abstain |
248,550 | |||
|
Broker Non-Votes |
2,726,727 |
| 3. |
Advisory (nonbinding) vote concerning the frequency of the advisory resolution concerning executive compensation: |
| Votes | ||||
|
1 year |
14,096,039 | |||
|
2 years |
155,217 | |||
|
3 years |
2,604,961 | |||
|
Abstain |
180,959 | |||
|
Broker Non-Votes |
2,726,727 |
| 4. |
Ratification of Crowe Horwath LLP as the Companys independent public accountants for the 2017 fiscal year: |
| Votes | ||||
|
For |
19,621,089 | |||
|
Against |
31,657 | |||
|
Abstain |
111,158 | |||
|
Broker Non-Votes |
-2-
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. TriCo Bancshares (NASDAQ:TCBK) Recent Trading Information
TriCo Bancshares (NASDAQ:TCBK) closed its last trading session down -0.03 at 35.12 with 39,655 shares trading hands.
