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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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
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Trading |
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.07 Submission of Matters to a Vote of Security Holders.
The annual meeting of shareholders (the “Annual Meeting”) of CapStar Financial Holdings, Inc. (the Company”) was held on April 19, 2023. At the Annual Meeting, the Company’s shareholders (i) elected thirteen (13) directors, (ii) approved, on a non-binding, advisory basis, the compensation paid to our named executive officers, (iii) ratified the appointment of Elliott Davis, LLC as the Company’s independent registered public accounting firm. The Proposals presented at the Annual Meeting are described in more detail in the Company’s Definitive Proxy Statement on Schedule 14A that was filed with the United States Securities and Exchange Commission on March 10, 2023 (the “Proxy Statement”). Holders of 17,932,942 shares of the Company’s common stock, or approximately 83.2% of the 21,557,567 shares of common stock that are issued and outstanding and entitled to vote, were present in person or represented by proxy at the Annual Meeting.
The following are the final voting results on the Proposals presented to the Company’s shareholders at the Annual Meeting.
Proposal 1: Election of Directors
At the Annual Meeting, thirteen (13) Directors were recommended for election to serve on the Company’s Board of Directors (the “Board”) until the 2024 Annual Meeting of Shareholders and until their successors have been duly elected and qualified or until such director’s earlier resignation or removal. The Company’s shareholders elected by the following vote each of the thirteen (13) director nominees nominated by the Company’s Board to serve as directors until the 2024 annual meeting of shareholders and until their successors have been duly elected and qualified:
Director |
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For |
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Withhold |
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Broker Non-Votes |
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L. Earl Bentz |
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12,209,331 |
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470,122 |
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5,253,489 |
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William T. ("Pete") DeLay |
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12,360,165 |
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319,288 |
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5,253,489 |
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Sam B. DeVane |
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12,369,450 |
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310,003 |
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5,253,489 |
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Thomas R. Flynn |
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12,320,444 |
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359,009 |
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5,253,489 |
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W. Harrison Frist, Jr. |
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12,360,690 |
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318,763 |
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5,253,489 |
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Louis A. Green III |
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12,326,472 |
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352,981 |
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5,253,489 |
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Valora S. Gurganious |
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12,240,368 |
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439,085 |
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5,253,489 |
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Myra NanDora Jenne |
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12,610,841 |
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68,612 |
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5,253,489 |
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Joelle J. Phillips |
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12,203,283 |
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476,170 |
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5,253,489 |
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Timothy K. Schools |
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12,004,687 |
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674,766 |
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5,253,489 |
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Stephen B. Smith |
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11,786,259 |
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893,194 |
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5,253,489 |
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James S. Turner, Jr. |
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12,280,210 |
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399,243 |
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5,253,489 |
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Toby S. Wilt |
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12,161,242 |
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518,211 |
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5,253,489 |
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Proposal 2: Advisory Vote to Approve Named Executive Officer Compensation
The Company's shareholders approved, on a non-binding advisory basis, executive officer compensation. The voting results were as follows:
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Against |
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Abstain |
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Broker Non-Votes |
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11,788,854 |
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479,623 |
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410,976 |
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5,253,489 |
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Proposal 3: Ratification of Elliott Davis, LLC as the Company’s Independent Registered Public Accounting Firm
The Company’s shareholders ratified the Board’s appointment of Elliott Davis, LLC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The voting results were as follows:
For |
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Against |
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Abstain |
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Broker Non-Votes |
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17,911,206 |
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20,880 |
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856 |
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SIGNATURES
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 thereunto duly authorized.
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CAPSTAR FINANCIAL HOLDINGS, INC. |
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Date: |
April 21, 2023 |
By: |
/s/ Michael J. Fowler |
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Michael J. Fowler |