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):

April 26, 2011

WEST COAST BANCORP

(Exact name of registrant as specified in charter)

Oregon

(State or other jurisdiction of incorporation)

0-10997

(SEC File Number)

93-0810577

(IRS Employer Identification No.)

 

5335 Meadows Road, Suite 201
Lake Oswego, Oregon
(Address of principal executive offices)

 


97035
(Zip Code)

 

Registrant’s telephone number, including area code:

(503) 684-0884

            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:

¨  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))

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

            (a)  The 2011 annual meeting of shareholders of West Coast Bancorp (the "Company") was held on April 26, 2011.

            (b)  The matters considered and voted on by the Company's shareholders at the annual meeting and the vote of the shareholders was as follows:

Proposal 1.  Eight directors were elected, each for a one-year term, by the votes indicated.

Nominee

Shares Voted For

Shares Withheld

Lloyd D. Ankeny

58,920,357

3,247,885

Shmuel (Sam) Levinson

61,144,871

1,023,371

Duane C. McDougall

58,998,184

3,170,058

Steven J. Olivia

59,114,860

3,053,382

John T. Pietrzak

59,124,498

3,043,744

Steven N. Spence

61,010,503

1,157,739

Robert D. Sznewajs

60,975,413

1,192,829

Nancy A. Wilgenbusch, Ph.D.

61,000,682

1,167,560

            The following matters were approved by the votes indicated:

            Proposal 2.  Approval of Amendment to the Company's Articles of Incorporation relating to a one-for-five reverse stock split of the Company's common stock.

Shares Voted For

Shares Voted Against

Abstentions

72,925,246

1,455,022

243,039

            Proposal 3.  Approval, on an advisory basis, of the Company's executive compensation.

Shares Voted For

Shares Voted Against

Abstentions

53,295,535

8,626,094

246,613

            Proposal 4.  Vote on the frequency of future advisory votes on executive compensation.

1 Year

2 Years

3 Years

Abstain

26,370,654

320,684

35,234,977

241,927

            Proposal 5.  Ratification of the appointment of Deloitte & Touche LLP as the Company's independent public accountants for the year ending December 31, 2011.

Shares Voted For

Shares Voted Against

Abstentions

73,958,677

464,161

200,469

            (c)  On April 26, 2010, the Company determined that, consistent with the recommendation of shareholders, an advisory vote to approve the compensation of the Company's named executive officers would be held once every three years until the next required vote on frequency of votes on executive compensation is held.

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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 thereunto duly authorized.

 

 

WEST COAST BANCORP


Dated:  April 27, 2011

 

By: 




/s/ David C. Bouc

 

 

 

David C. Bouc

Executive Vice President, General Counsel and Secretary

 

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