UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 5.07 | Submission of Matters to a Vote of Security Holders. |
On May 12, 2020, the Company held its 2020 Annual Meeting of Stockholders (“Annual Meeting”). There were 116,479,832 shares of Company common stock issued and outstanding on the record date and entitled to vote at the Annual Meeting and 105,923,410 shares were represented in person or by proxy at the Annual Meeting, which constituted a quorum to conduct business at the Annual Meeting.
At the Annual Meeting, the thirteen nominees for director were elected to the Company’s Board and the Company’s stockholders approved the advisory (non-binding) vote on executive compensation and ratification of the appointment of KPMG LLP as the Company’s independent auditors for the fiscal year ending December 31, 2020.
The final number of votes cast for, against or withheld, as well as the number of abstentions and broker non-votes, with respect to each matter are set out below.
Proposal 1
The election of the Company’s directors who shall hold office until the next annual meeting of stockholders or until their successors are duly elected and qualified were as follows:
Broker | ||||||||||||||||
For | Against | Abstain | Non-Vote | |||||||||||||
Tanya M. Acker | 89,223,257 | 705,315 | 176,326 | 15,818,512 | ||||||||||||
Paul R. Burke | 87,446,240 | 2,489,332 | 169,326 | 15,818,512 | ||||||||||||
Craig A. Carlson | 89,362,969 | 596,072 | 145,857 | 15,818,512 | ||||||||||||
John M. Eggemeyer III | 87,602,059 | 2,269,508 | 233,331 | 15,818,512 | ||||||||||||
C. William Hosler | 87,439,547 | 2,494,293 | 171,058 | 15,818,512 | ||||||||||||
Susan E. Lester | 87,617,992 | 2,253,942 | 232,964 | 15,818,512 | ||||||||||||
Arnold W. Messer | 89,232,216 | 697,772 | 174,910 | 15,818,512 | ||||||||||||
Roger H. Molvar | 87,457,221 | 2,473,209 | 174,468 | 15,818,512 | ||||||||||||
James J. Pieczynski | 86,561,571 | 3,370,827 | 172,500 | 15,818,512 | ||||||||||||
Daniel B. Platt | 87,918,934 | 1,954,541 | 231,423 | 15,818,512 | ||||||||||||
Robert A. Stine | 84,967,286 | 4,883,389 | 254,223 | 15,818,512 | ||||||||||||
Matthew P. Wagner | 88,095,128 | 1,780,028 | 229,742 | 15,818,512 | ||||||||||||
Mark T. Yung | 85,173,478 | 4,755,152 | 176,268 | 15,818,512 |
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Proposal 2
Advisory (non-binding) vote on executive compensation. This proposal was approved with the following vote:
Broker | ||||||||||||||
For | Against | Abstain | Non-Vote | |||||||||||
72,764,678 | 16,519,799 | 820,421 | 15,818,512 |
Proposal 3
Ratification of the appointment of KPMG LLP as the Company’s independent auditors for the fiscal year ending December 31, 2020. This proposal was approved with the following vote:
For | Against | Abstain | ||||||||||||
103,232,941 | 2,542,390 | 148,079 |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
PACWEST BANCORP | ||
Date: May 13, 2020 | By: | /s/ Kori L. Ogrosky |
Name: | Kori L. Ogrosky | |
Title: | Executive Vice President, General Counsel and Corporate Secretary |
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