WASHINGTONFIRST BANKSHARES, INC. (NASDAQ:WFBI) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders.
held its 2017 Annual Meeting of Shareholders (the Annual
Meeting). The shareholders (i) elected six directors for a term
expiring at the 2020 Annual Meeting of Shareholders and one
director for a term expiring at the 2018 Annual Meeting of
Shareholders; (ii) ratified the appointment of BDO USA, LLP as
the Companys independent registered public accounting firm for
the fiscal year ending December 31, 2017; and (iii) approved, on
an advisory basis, the compensation of the Companys named
executive officers. As of the close of business on March 2, 2017,
the record date for the Annual Meeting, 12,105,555 shares of the
common stock of the Company were outstanding and entitled to
vote. At the Annual Meeting, a total of 10,268,866 of the
outstanding shares of common stock entitled to vote were
represented in person or by proxy.
for terms that expire at the 2020 Annual Meeting of Shareholders,
as well as the number of votes cast for, votes withheld and
broker non-votes with respect to each of these individuals, are
set forth below:
|
Nominee
|
Votes For
|
Votes Withheld
|
Broker Non-Votes
|
||||
|
Juan A. Mencia
|
6,487,949
|
8,564
|
3,772,353
|
||||
|
Mark C. Michael
|
6,427,936
|
68,577
|
3,772,353
|
||||
|
James P. Muldoon
|
6,487,893
|
8,620
|
3,772,253
|
||||
|
William C. Oldaker
|
6,425,841
|
70,672
|
3,772,353
|
||||
|
Jon M. Peterson
|
6,488,891
|
7,622
|
3,772,353
|
||||
|
Gail M. Steckler
|
6,488,678
|
7,835
|
3,772,353
|
||||
expires at the 2018 Annual Meeting of Shareholders, as well as
the number of votes cast for, votes withheld and broker non-votes
with respect to the director, are set forth below:
|
Nominee
|
Votes For
|
Votes Withheld
|
Broker Non-Votes
|
||||
|
Obiora “Bo” Menkiti
|
6,485,682
|
10,831
|
3,772,353
|
||||
appointment of BDO USA, LLP as the Companys independent
registered accountant for the year ending December 31, 2017:
|
For
|
Against
|
Abstain
|
Broker Non-Votes
|
|||
|
10,250,594
|
7,774
|
10,498
|
advisory basis, the compensation of the Companys named executive
officers as disclosed in the Companys Proxy Statement to Item 402
of Regulation S-K under the Securities Act of 1933, as amended,
and the Securities Exchange Act of 1934, as amended, by the votes
set forth in the table below:
|
For
|
Against
|
Abstain
|
Broker Non-Votes
|
|||
|
6,402,665
|
61,164
|
32,684
|
3,772,353
|
About WASHINGTONFIRST BANKSHARES, INC. (NASDAQ:WFBI)
WashingtonFirst Bankshares, Inc. is a bank holding company. The Company, through its subsidiary, WashingtonFirst Bank (the Bank), operates approximately 20 banking offices throughout the Washington, District of Columbia (D.C.) metropolitan area. The Company’s segments include traditional commercial banking, a mortgage banking business and a wealth management business. The commercial banking segment provides the mortgage banking segment with the short-term funds needed to originate mortgage loans through a warehouse line of credit and charges the mortgage banking segment interest based on a premium over their cost to borrow funds. In addition, the Company provides wealth management services through its subsidiary, 1st Portfolio, Inc. (Wealth Advisors), located in Fairfax, Virginia, and mortgage banking services through the Bank’s subsidiary, WashingtonFirst Mortgage, which operates in two locations: Fairfax, Virginia and Rockville, Maryland. WASHINGTONFIRST BANKSHARES, INC. (NASDAQ:WFBI) Recent Trading Information
WASHINGTONFIRST BANKSHARES, INC. (NASDAQ:WFBI) closed its last trading session up +0.11 at 28.24 with 24,966 shares trading hands.
