TriCo Bancshares filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Other Events, Financial Statements and Exhibits
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
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FORM 8-K
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Current report pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
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(Exact name of registrant as specified in its charter)
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| (State or other jurisdiction of incorporation or organization) | (Commission File No.) | (I.R.S. Employer Identification No.) | ||||||
| (Address of principal executive offices) | (Zip Code) | ||||||||||
Registrant’s telephone number, including area code: (530 ) 898-0300
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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 (see General Instruction A.2. below):
| 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 | ||||||||||||
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
On May 23, 2024, TriCo Bancshares (the “Company”) held its 2024 annual meeting of shareholders. As of the record date for the annual meeting, there were 33,168,770 shares of common stock outstanding entitled to vote on all proposals presented at the annual meeting. 28,311,531 shares of common stock, or 85.4% of the total outstanding, were present at the meeting in person or by proxy. At the annual meeting, the Company’s shareholders (i) elected all 11 nominees to the Company’s Board of Directors, (ii) approved the Company's 2024 Equity Incentive Plan, (iii) approved the compensation of the Company’s executive officers on an advisory (nonbinding) basis, and (iv) ratified the selection of Moss Adams LLP as the Company’s principal independent auditor for 2024. The following are the voting results of each matter submitted to the Company’s shareholders at the annual meeting.
1.Election of the following 11 nominees to the Company’s Board of Directors:
| Nominee | For | Withheld | Abstained/Broker Non-Votes | |||||||||||||||||
| Kirsten E. Garen | 24,609,171 | 310,222 | 3,391,996 | |||||||||||||||||
| Cory W. Giese | 24,450,045 | 469,349 | 3,391,996 | |||||||||||||||||
| John S. A. Hasbrook | 23,618,432 | 1,300,962 | 3,391,996 | |||||||||||||||||
| Margaret L. Kane | 24,638,601 | 280,793 | 3,391,996 | |||||||||||||||||
| Michael W. Koehnen | 24,668,278 | 251,116 | 3,391,996 | |||||||||||||||||
| Anthony L. Leggio | 24,633,270 | 286,124 | 3,391,996 | |||||||||||||||||
| Martin A. Mariani | 24,449,255 | 470,139 | 3,391,996 | |||||||||||||||||
| Thomas C. McGraw | 24,627,803 | 291,591 | 3,391,996 | |||||||||||||||||
| Jon Y. Nakamura | 24,628,217 | 291,177 | 3,391,996 | |||||||||||||||||
| Richard P. Smith | 24,573,333 | 346,061 | 3,391,996 | |||||||||||||||||
| Kimberley H. Vogel | 24,624,340 | 295,054 | 3,391,996 | |||||||||||||||||
2. Approve the Equity Incentive Plan:
| Votes | |||||
| For | 24,100,200 | ||||
| Against | 650,158 | ||||
| Abstain | 169,177 | ||||
| Broker Non-Votes | 3,391,996 | ||||
3. Advisory (nonbinding) resolution to approve the compensation of the Company’s executives:
| Votes | |||||
| For | 24,295,880 | ||||
| Against | 444,625 | ||||
| Abstain | 179,030 | ||||
| Broker Non-Votes | 3,391,996 | ||||
4. Ratification of Moss Adams LLP as the Company’s independent public accountants for the 2024 fiscal year:
| Votes | |||||
| For | 28,015,563 | ||||
| Against | 134,512 | ||||
| Abstain | 161,456 | ||||
| Broker Non-Votes | — | ||||
Item 8.01 Other Events
Election of Chairman of the Board
Following the 2024 Annual Meeting, the Board of Directors of the Company (“Board”) unanimously elected Richard P. Smith, President and Chief Executive Officer of the Company as Chairman of the Board. The Board also unanimously elected Cory W. Giese as Lead Independent Director of the Company.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits. None
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.
| TRICO BANCSHARES | |||||
Date: May 29, 2024 | /s/ Peter G. Wiese | ||||
| Peter G. Wiese, Executive Vice President and Chief Financial Officer | |||||
| (Principal Financial and Accounting Officer) | |||||