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| CNBC > SEC Filings for CNBC > Form 8-K on 31-May-2012 | All Recent SEC Filings |
31-May-2012
Submission of Matters to a Vote of Security Holders, Change in Directors or Pr
On May 24, 2012, Center Bancorp, Inc. (the "Company") held its Annual Meeting of Shareholders (the "Annual Meeting"), for which the Board of Directors solicited proxies. At the Annual Meeting, the shareholders voted on the proposals set forth below, as described in the Company's definitive proxy materials filed with the SEC on April 16, 2012.
On April 2, 2012, the record date for the Annual Meeting, there were a total of 16,332,327 shares of common stock outstanding and entitled to vote at the Annual Meeting. A total of 14,415,522 shares of common stock were represented in person or by proxy at the Annual Meeting. The proposals voted on and approved by the shareholders at the Annual Meeting were as follows:
Proposal 1: The election of ten persons to serve as directors for one year terms. The following is a list of the directors elected at the Annual Meeting with the number of votes For and Withheld, as well as the number of Abstentions and Broker Non-Votes:
Abstentions/Broker
Name For Withheld Non-Votes
Alexander A. Bol 10,518,574 281,480 3,615,468
Anthony C. Weagley 10,581,638 218,416 3,615,468
Frederick S. Fish 10,616,088 183,966 3,615,468
James J. Kennedy 10,581,538 218,516 3,615,468
Howard Kent 10,620,781 179,273 3,615,468
Nicholas Minoia 10,599,855 200,199 3,615,468
Harold Schechter 10,498,778 301,276 3,615,468
Lawrence B. Seidman 10,107,575 692,479 3,615,468
William A. Thompson 10,519,728 280,326 3,615,468
Raymond Vanaria 10,621,722 178,332 3,615,468
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Proposal 2: The ratification of ParenteBeard LLC as the Company's independent auditors for 2012. This proposal was approved by the following votes:
For: 14,338,808; Against: 34,801; Abstentions: 41,913; and Broker Non-Votes: 0.
Proposal 3: An advisory vote to approve the executive compensation of the Company's named executive officers as described in the proxy statement. This proposal was approved by the following votes:
For: 9,601,735; Against: 1,118,360; Abstentions: 79,959; and Broker Non-Votes:
3,615,468.
Proposal 4: An advisory vote on how often the Company will conduct the advisory vote to approve executive compensation. The votes were as follows:
One Year: 3,924,933; Two Years: 5,965,246; Three Years: 633,551; Abstain:
276,322; and Broker Non-Votes: 3,615,470. The Company intends to hold the
advisory vote on executive compensation every two years.
At the Board of Directors meeting held immediately following the Annual Meeting of Shareholders, Mr. Fish was appointed to the Nominating Committee and the Executive Committee of the Board.
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