Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
ACFC > SEC Filings for ACFC > Form 8-K on 11-Jun-2013All Recent SEC Filings

Show all filings for ATLANTIC COAST FINANCIAL CORP | Request a Trial to NEW EDGAR Online Pro

Form 8-K for ATLANTIC COAST FINANCIAL CORP


11-Jun-2013

Submission of Matters to a Vote of Security Holders, Other Events,


Item 5.07. Submission of Matters to a Vote of Security Holders.

(a) The Special Meeting of Stockholders of Atlantic Coast Financial Corporation (the "Company") was held on June 11, 2013.

(b) There were 2,629,061 shares of common stock of the Company eligible to be voted at the Special Meeting and 1,904,238 shares represented in person or by proxy at the Special Meeting, which constituted a quorum to conduct business at the meeting.

The items voted upon at the Special Meeting and the vote for each proposal were as follows:

1. To consider and vote upon a proposal to approve the Agreement and Plan of Merger, dated as of February 25, 2013 and as amended on April 22, 2013, by and among Atlantic Coast Financial Corporation, Atlantic Coast Bank, Bond Street Holdings, Inc. and Florida Community Bank, N.A. (the "Merger Agreement"), pursuant to which Atlantic Coast Financial Corporation will merge with and into Bond Street Holdings, Inc., and Atlantic Coast Bank will merge with and into Florida Community Bank, N.A., and each of the outstanding shares of Atlantic Coast Financial Corporation common stock will be converted into the right to receive $5.00 in cash at closing;

For Against Abstain Broker Non-Votes 846,357 1,043,773 2,693 -

2. To consider and vote upon a non-binding, advisory proposal to approve the compensation to be paid to the named executive officers of Atlantic Coast Financial Corporation in connection with the merger that will be implemented if the Merger Agreement is consummated (the "Merger-Related Executive Compensation Arrangements"); and

For Against Abstain Broker Non-Votes 725,272 1,153,574 13,977 -

3. The adjournment of the Special Meeting of Stockholders if necessary or appropriate to solicit additional proxies.

For Against Abstain Broker Non-Votes 832,676 1,064,167 7,395 -

(c) Not applicable



Item 8.01. Other Events.

On June 11, 2013, the Company issued a press release regarding the results of the Special Meeting of Stockholders. A copy of the press release is included as exhibit 99.1 to this report and is incorporated herein by reference.



Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No. Description

99.1 Press Release dated June 11, 2013


  Add ACFC to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for ACFC - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.