Banner Corporation filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits
$BANR
Major Banks
Finance
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): May 22, 2024
(Exact name of registrant as specified in its charter)
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(State or other jurisdiction
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(Commission File
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(I.R.S. Employer
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of incorporation)
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Number)
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Identification No.)
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(Address of principal executive offices and zip code)
(509 ) 527-3636
(Registrant’s telephone number, including area code)
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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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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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
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(a)
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The Annual Meeting of Shareholders (the “Annual Meeting”) of Banner Corporation (the “Company”) was held on May 22, 2024.
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(b)
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There were a total of 34,369,886 shares of the Company’s common
stock outstanding and entitled to vote at the Annual Meeting. At the Annual Meeting, 29,064,634 shares of common stock were represented in person or by proxy,
therefore, a quorum was present. The following proposals were submitted by the Company’s Board of Directors to a vote of shareholders:
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Proposal 1. Election of Directors. The
following individuals were elected as directors for a one year term:
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For
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Against
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Abstain
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Number
of votes
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Percentage
of
voted
shares
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Number
of votes
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Percentage
of
voted
shares
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Number
of votes
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Percentage
of
voted
shares
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Margot J. Copeland
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27,355,261
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99.19
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209,202
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0.76
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14,967
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0.05
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Mark J. Grescovich
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27,443,382
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99.51
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120,885
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0.44
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15,163
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0.05
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Roberto R. Herencia
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20,885,211
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75.73
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6,672,704
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24.19
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21,515
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0.08
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David A. Klaue
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26,134,073
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94.76
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1,428,787
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5.18
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16,570
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0.06
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John R. Layman
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26,629,738
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96.55
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934,314
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3.39
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15,378
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0.06
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Kevin F. Riordan
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27,515,540
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99.76
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48,512
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0.18
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15,378
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0.06
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Terry S. Schwakopf
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27,070,111
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98.15
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489,604
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1.78
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19,715
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0.07
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Paul J. Walsh
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27,529,377
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99.82
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30,675
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0.11
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19,378
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0.07
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The number of Broker Non-Votes for each of the above individuals was 1,485,203.
Based on the votes set forth above, Directors Copeland, Grescovich, Herencia, Klaue, Layman, Riordan, Schwakopf and Walsh were duly elected to serve as
directors of the Company for a one-year term expiring at the annual meeting of shareholders in 2025, and until their respective successors have been duly elected and qualified.
The terms of Directors Ellen R.M. Boyer, Connie R. Collingsworth, and John Pedersen continued.
Proposal 2. An advisory (non-binding) vote to
approve our executive compensation. This proposal received the following votes:
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For
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Against
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Abstain
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Broker Non-Votes
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26,533,137
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1,012,189
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34,104
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1,485,203
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Based on the votes set forth above, the compensation of the Company’s named executive officers was approved by shareholders.
Proposal 3. Ratification of the Audit
Committee’s appointment of Moss Adams LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024. This proposal received the following votes:
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For
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Against
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Abstain
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Broker Non-Votes
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28,031,397
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1,023,708
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9,528
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0
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Based on the votes set forth above, the appointment of Moss Adams LLP as the Company’s independent registered public accounting firm to serve for the year
ending December 31, 2024 was duly ratified by the shareholders.
Item 9.01 Financial Statements and Exhibits
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(d)
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Exhibits
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104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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,
hereunto duly authorized.
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BANNER CORPORATION
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Date: May 24, 2024
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By: /s/Robert G. Butterfield
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Robert G. Butterfield
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Executive Vice President and
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Chief Financial Officer
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