UNIVEST CORPORATION OF PENNSYLVANIA (NASDAQ:UVSP) Files An 8-K Submission of Matters to a Vote of Security Holders

UNIVEST CORPORATION OF PENNSYLVANIA (NASDAQ:UVSP) Files An 8-K Submission of Matters to a Vote of Security Holders

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Item 5.07

Submission of Matters to a vote of Security Holders
At the Corporation’s Annual Meeting of Shareholders held on April
18, 2017, the shareholders approved the matters described in the
Corporation’s definitive proxy statement filed with the Securities
and Exchange Commission on March 17, 2017, and set forth below. As
of the record date for the Annual Meeting, holders of a total of
26,640,079 shares of the Corporation’s Common Stock were entitled
to vote on the matters considered at the Annual Meeting.
The following is a summary of the voting results for each matter
submitted to a vote of shareholders at the Annual Meeting:
For
Withheld
Broker Non-Votes
1.
Election of five Class III Directors each for a
three-year term expiring in 2020:
Roger H. Ballou
18,918,207
313,414
3,361,340
Douglas C. Clemens
7,828,115
11,403,506
3,361,340
R. Lee Delp
15,964,139
3,267,482
3,361,340
K. Leon Moyer
18,494,437
737,184
3,361,340
P. Gregory Shelly
17,112,918
2,118,703
3,361,340
For
Against
Abstain
Broker Non-Votes
2.
Ratification of KPMG LLP as the Corporation’s
independent registered public accounting firm for 2017:
22,493,607
64,169
35,185
3.
Advisory vote to approve the compensation of the
Corporation’s named executive officers as presented in
the proxy statement:
18,440,189
552,524
238,908
3,361,340
1 Year
2 Years
3 Years
Abstain
4.
Advisory vote on the frequency with which executive
compensation will be subject to a shareholder advisory
vote:
15,344,477
551,911
3,031,753
303,480
Based upon the foregoing results; (1) each nominee for election as
a Director has received a plurality of the votes cast, and has been
duly elected; (2) KPMG LLP has been ratified by the majority of the
shareholders as the Corporations independent registered public
accounting firm for 2017; (3) the compensation of the named
executive officers as presented in the proxy has been approved by
the majority of the shareholders on an advisory basis; and (4) a
majority of the shareholders has approved a one-year frequency with
which the Corporation must seek approval on an advisory basis of
the compensation of the named executive officers.


About UNIVEST CORPORATION OF PENNSYLVANIA (NASDAQ:UVSP)

Univest Corporation of Pennsylvania is the bank holding company of Univest Bank and Trust Co. (the Bank). The Bank is a Pennsylvania state-chartered bank and trust company. The Company’s business segments include Banking, Wealth Management and Insurance. The Banking segment provides financial services, such as deposit taking, loan origination and servicing, mortgage banking, other general banking services and equipment lease financing. The Wealth Management segment offers trust and investment advisory services, guardian and custodian of employee benefits and other trust and brokerage services, as well as a registered investment advisory managing private investment accounts for both individuals and institutions. The Insurance segment includes a full-service insurance brokerage agency offering commercial property and casualty insurance, group life and health coverage, employee benefit solutions, personal insurance lines and human resources consulting.

UNIVEST CORPORATION OF PENNSYLVANIA (NASDAQ:UVSP) Recent Trading Information

UNIVEST CORPORATION OF PENNSYLVANIA (NASDAQ:UVSP) closed its last trading session 00.00 at 27.25 with 118,003 shares trading hands.

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