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 28, 2017

 

Central Pacific Financial Corp.

(Exact name of registrant as specified in its charter)

 

Hawaii

 

001-31567

 

99-0212597

(State or other
jurisdiction of
incorporation)

 

(Commission
File Number)

 

(I.R.S. Employer
Identification No.)

 

 

220 South King Street, Honolulu, Hawaii
(Address of principal executive offices)

 

96813
(Zip Code)

 

(808) 544-0500
(Registrant’s telephone number, including area code)

 

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:

 

o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

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 o

 

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. o

 

 

 



 

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

 

On April 28, 2017, Central Pacific Financial Corp. (the “Company”) held its Annual Meeting of Shareholders at which the shareholders voted upon and approved (i) the election of ten (10) nominees as directors; (ii) an advisory (non-binding) shareholder resolution to approve the compensation of the Company’s named executive officers (“Say-On-Pay”); (iii) an annual advisory (non-binding) vote on the frequency of the advisory “Say-On-Pay” vote; and (iv) ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2017.

 

The final number of votes cast for or against (withheld) and the number of abstentions and broker non-votes with respect to each matter voted upon, as applicable, are set forth below.

 

 

 

 

 

For

 

Against/Withheld

 

Abstained

 

Broker Non-Vote

 

 

 

 

 

 

 

 

 

 

 

 

 

1.

 

Nominees as Directors:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Christine H. H. Camp

 

26,296,625

 

246,796

 

 

2,088,345

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

John C. Dean

 

26,141,781

 

401,640

 

 

2,088,345

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earl E. Fry

 

26,377,989

 

165,432

 

 

2,088,345

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Wayne K. Kamitaki

 

26,438,650

 

104,771

 

 

2,088,345

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Paul J. Kosasa

 

26,133,472

 

409,949

 

 

2,088,345

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Duane K. Kurisu

 

26,273,863

 

269,558

 

 

2,088,345

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Colbert M. Matsumoto

 

26,171,345

 

372,076

 

 

2,088,345

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

A. Catherine Ngo

 

26,273,780

 

269,641

 

 

2,088,345

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Saedene K. Ota

 

26,424,518

 

118,903

 

 

2,088,345

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Crystal K. Rose

 

26,380,938

 

162,483

 

 

2,088,345

 

 

 

 

 

 

 

 

 

 

 

 

 

2.

 

Non-binding advisory vote to approve compensation of the Company’s named executive officers (“Say-On-Pay”).

 

26,354,251

 

169,724

 

19,446

 

2,088,345

 

 

 

 

 

 

 

 

 

 

 

 

 

3.

 

Non-binding advisory vote to approve frequency of the advisory “Say-On-Pay” vote.

 

 

 

 

 

 

 

 

 

 

 

Every Year

 

20,383,936

 

 

 

 

 

 

 

 

 

Every 2 Years

 

10,944

 

 

 

 

 

 

 

 

 

Every 3 Years

 

6,139,248

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

9,293

 

2,088,345

 

 

 

2



 

 

 

 

 

For

 

Against/Withheld

 

Abstained

 

Broker Non-Vote

 

4

 

Ratification of appointment of KPMG LLP as the Company’s independent registered public accounting firm for 2017.

 

28,325,013

 

300,785

 

5,968

 

 

 

3



 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

Central Pacific Financial Corp.

 

(Registrant)

 

 

 

 

Date: May 1, 2017

By:

/s/ Glenn K. C. Ching

 

 

Glenn K.C. Ching

 

 

Executive Vice President, Chief Legal Officer and Corporate Secretary

 

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