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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, 2023

 

PACIFIC PREMIER BANCORP, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

(State or other jurisdiction

of incorporation)

000-22193

(Commission

File Number)

33-0743196

(I.R.S. Employer

Identification No.)

 

17901 Von Karman Avenue, Suite 1200, Irvine, CA                           92614

(Address of principal executive offices)                                                 (Zip Code)

 

Registrant’s telephone number, including area code: (949) 864-8000

 

Not Applicable

(Former name or former address, if changed since last report.)

 

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
 Common Stock, par value $0.01 per share PPBI NASDAQ Stock 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.

 

Set forth below are the three proposals that were voted on at the 2023 Annual Meeting of Stockholders (the “2023 Annual Meeting”) of Pacific Premier Bancorp, Inc. (the “Company”), and the related voting results, as certified by the 2023 Annual Meeting inspector of election. Each of the proposals, described in further detail in the Company’s definitive proxy statement, was approved by the Company’s stockholders. Other than the three proposals summarized below, no other item of business was submitted at the 2023 Annual Meeting.

 

On the record date for the 2023 Annual Meeting, there were 95,753,866 shares of Company common stock issued, outstanding and entitled to vote. Stockholders holding 88,121,904 shares of Company common stock were present at the 2023 Annual Meeting, in person or represented by proxy.

 

Proposal 1: The twelve nominees named in the Company’s definitive proxy statement were elected to serve a one-year term expiring in 2024 or until their successors are duly elected and qualified, based upon the following votes:

 

Nominee  Votes For   Votes Against   Abstain   Broker
Non-Votes
 
Ayad A. Fargo   84,310,233    347,519    66,160    3,397,992 
Steven R. Gardner   82,396,876    2,303,313    23,723    3,397,992 
Joseph L. Garrett   83,262,752    1,432,445    28,715    3,397,992 
Stephanie Hsieh   84,385,380    270,585    67,947    3,397,992 
Jeffrey C. Jones   83,085,635    1,571,268    67,009    3,397,992 
Rose E. McKinney-James   84,342,993    309,147    71,772    3,397,992 
M. Christian Mitchell   83,843,888    812,015    68,009    3,397,992 
George M. Pereira   84,468,796    183,122    71,994    3,397,992 
Barbara S. Polsky   84,277,941    379,259    66,712    3,397,992 
Zareh H. Sarrafian   84,003,784    652,757    67,371    3,397,992 
Jaynie M. Studenmund   84,076,231    569,567    78,114    3,397,992 
Richard C. Thomas   84,431,140    225,964    66,808    3,397,992 

 

Proposal 2: The proposal to approve, on a non-binding advisory basis, the compensation of the Company's named executive officers, as described in the definitive proxy statement, was approved by the following votes:

 

For   Against   Abstain   Broker Non-Votes 
 82,950,311    1,684,503    89,098    3,397,992 

 

Proposal 3: The appointment of Deloitte & Touche LLP as the Company’s independent auditor for the fiscal year ending December 31, 2023 was ratified, having received the following votes:

 

For   Against   Abstain 
 88,049,687    56,297    15,920 

 

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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 hereunto duly authorized.

 

  PACIFIC PREMIER BANCORP, INC.
     
Dated: May 23, 2023 By: /s/ Steven R. Gardner
    Steven R. Gardner
    Chairman, President and Chief Executive Officer

 

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