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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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
We held our 2021 Annual Meeting of Shareholders on May 18, 2021. The board of directors solicited proxies pursuant to a proxy statement, as amended, that we filed on April 1, 2021 with the Securities and Exchange Commission under Section 14(a) of the Securities Exchange Act of 1934. There was no solicitation in opposition to the board’s solicitation.
At the meeting, holders of common stock were asked to consider and vote upon the three proposals set forth below. Each share of common stock was entitled to one vote with respect to each proposal. Holders of a total of 12,539,821 shares of common stock were present in person or by proxy at the meeting, representing 83.91% of the voting power entitled to vote at the meeting. The voting results reported below are final.
The proposals considered and voted on by the shareholders at the meeting, and the votes of the shareholders on those proposals, were as follows:
Proposal 1. | Shareholders voted as follows with respect to the election of each of the following director nominees: |
Nominee |
| For |
| Against |
| Withhold |
| Broker Non-Votes |
Daina H. Belair |
| 10,150,572 |
| 217,327 |
| 151,591 |
| 2,020,331 |
Matthew L. Caras |
| 10,071,743 |
| 294,141 |
| 153,606 |
| 2,020,331 |
David M. Colter |
| 10,187,384 |
| 170,281 |
| 161,825 |
| 2,020,331 |
Steven H. Dimick |
| 10,107,997 |
| 258,720 |
| 152,773 |
| 2,020,331 |
Martha T. Dudman |
| 10,089,204 |
| 210,488 |
| 219,798 |
| 2,020,331 |
Lauri E. Fernald |
| 9,965,006 |
| 326,647 |
| 227,837 |
| 2,020,331 |
Brendan J. O’Halloran |
| 10,249,444 |
| 103,643 |
| 166,403 |
| 2,020,331 |
Curtis C. Simard |
| 10,160,238 |
| 155,815 |
| 203,437 |
| 2,020,331 |
Kenneth E. Smith |
| 10,117,034 |
| 201,667 |
| 200,789 |
| 2,020,331 |
Stephen R. Theroux |
| 10,214,100 |
| 135,766 |
| 169,624 |
| 2,020,331 |
Scott G. Toothaker |
| 10,200,804 |
| 121,260 |
| 197,426 |
| 2,020,331 |
David B. Woodside |
| 9,859,261 |
| 496,056 |
| 164,173 |
| 2,020,331 |
As a result of these votes, each of the 12 nominees was elected to serve as a director until the 2022 Annual Meeting of Shareholders and until his or her successor is duly elected and qualified.
Proposal 2. Shareholders approved, on a non-binding advisory basis, the compensation paid to our executive officers in 2020, as disclosed in the proxy statement, by the following vote:
| For |
| Against |
| Abstain |
| Broker Non-Votes | |
Approval of Executive Compensation |
| 9,871,848 |
| 410,521 |
| 237,121 |
| 2,020,331 |
Proposal 3. Shareholders ratified the appointment of RSM US LLP as independent auditor for the fiscal year ending December 31, 2021, by the following vote:
| For |
| Against |
| Abstain |
| Broker Non-Votes | |
Ratification of Appointment of RSM US LLP |
| 12,341,348 |
| 84,179 |
| 114,294 |
| — |
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.
Bar Harbor Bankshares | ||
May 19, 2021 | By: | /s/ Josephine Iannelli |
Josephine Iannelli | ||
Executive Vice President and | ||
Document and Entity Information |
May 18, 2021 |
|---|---|
| Document and Entity Information [Abstract] | |
| Document Type | 8-K |
| Document Period End Date | May 18, 2021 |
| Entity File Number | 001-13349 |
| Entity Registrant Name | BAR HARBOR BANKSHARES |
| Entity Incorporation, State or Country Code | ME |
| Entity Tax Identification Number | 01-0393663 |
| Entity Address, Address Line One | PO Box 400 |
| Entity Address, Adress Line Two | 82 Main Street |
| Entity Address, City or Town | Bar Harbor |
| Entity Address, Postal Zip Code | 04609-0400 |
| Entity Address, Country | ME |
| City Area Code | 207 |
| Local Phone Number | 288-3314 |
| Written Communications | false |
| Soliciting Material | false |
| Pre-commencement Tender Offer | false |
| Pre-commencement Issuer Tender Offer | false |
| Title of 12(b) Security | Common Stock, par value $2.00 per share |
| Trading Symbol | BHB |
| Security Exchange Name | NYSEAMER |
| Entity Emerging Growth Company | false |
| Entity Central Index Key | 0000743367 |
| Amendment Flag | false |