8-K
0001676479false00016764792023-04-192023-04-19

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 19, 2023

 

 

CAPSTAR FINANCIAL HOLDINGS, INC.

(Exact name of Registrant as Specified in Its Charter)

 

 

Tennessee

001-37886

81-1527911

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

1201 Demonbreun Street, Suite 700

 

Nashville, Tennessee

 

37203

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 615 732-6400

 

 

 

 

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:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock, $1.00 par value per share

 

CSTR

 

Nasdaq Global Select Market

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

 

For

 

 

Withhold

 

 

Broker Non-Votes

 

L. Earl Bentz

 

 

12,209,331

 

 

 

470,122

 

 

 

5,253,489

 

William T. ("Pete") DeLay

 

 

12,360,165

 

 

 

319,288

 

 

 

5,253,489

 

Sam B. DeVane

 

 

12,369,450

 

 

 

310,003

 

 

 

5,253,489

 

Thomas R. Flynn

 

 

12,320,444

 

 

 

359,009

 

 

 

5,253,489

 

W. Harrison Frist, Jr.

 

 

12,360,690

 

 

 

318,763

 

 

 

5,253,489

 

Louis A. Green III

 

 

12,326,472

 

 

 

352,981

 

 

 

5,253,489

 

Valora S. Gurganious

 

 

12,240,368

 

 

 

439,085

 

 

 

5,253,489

 

Myra NanDora Jenne

 

 

12,610,841

 

 

 

68,612

 

 

 

5,253,489

 

Joelle J. Phillips

 

 

12,203,283

 

 

 

476,170

 

 

 

5,253,489

 

Timothy K. Schools

 

 

12,004,687

 

 

 

674,766

 

 

 

5,253,489

 

Stephen B. Smith

 

 

11,786,259

 

 

 

893,194

 

 

 

5,253,489

 

James S. Turner, Jr.

 

 

12,280,210

 

 

 

399,243

 

 

 

5,253,489

 

Toby S. Wilt

 

 

12,161,242

 

 

 

518,211

 

 

 

5,253,489

 

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:

For

 

 

Against

 

 

Abstain

 

 

Broker Non-Votes

 

 

11,788,854

 

 

 

479,623

 

 

 

410,976

 

 

 

5,253,489

 

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

 

 

Against

 

 

Abstain

 

 

Broker Non-Votes

 

 

17,911,206

 

 

 

20,880

 

 

 

856

 

 

 

 

 

 


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.

 

 

 

CAPSTAR FINANCIAL HOLDINGS, INC.

 

 

 

 

Date:

April 21, 2023

By:

/s/ Michael J. Fowler

 

 

 

Michael J. Fowler
Chief Financial Officer