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): May 25, 2017

 

 

FRANKLIN FINANCIAL NETWORK, INC.

(Exact name of registrant as specified in charter)

 

 

 

Tennessee   001-36895   20-8839445
(State or other jurisdiction   (Commission   (IRS Employer
of incorporation)   File Number)   Identification No.)

722 Columbia Avenue, Franklin, Tennessee 37064

(Address of Principal Executive Offices)

615-236-2265

(Registrant’s Telephone Number, Including Area Code)

(Former Name or Former Address, If Changed Since Last Report)

 

 

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))

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.

At the 2017 annual meeting of shareholders of Franklin Financial Network, Inc. (the “Company”) held on May 25, 2017 (the “2017 Annual Meeting”), the Company’s shareholders voted on four proposals. A brief description of and tabulation of votes for each proposal are set forth below.

Proposal 1. The Company’s shareholders elected the following directors for a term of one year. There were 2,966,749 broker non-votes with respect to the proposal.

 

Director Nominees

   Number of Shares Voted
For
     Number of Shares
Withheld
 

Jimmy E. Allen

     7,801,794        445,820  

James W. Cross, IV

     7,533,128        714,486  

Richard E. Herrington

     7,742,946        504,668  

Paul M. Pratt, Jr.

     7,746,238        501,376  

Pamela J. Stephens

     7,800,238        447,376  

Melody J. Sullivan

     7,800,700        446,914  

Gregory E. Waldron

     7,807,287        440,327  

Benjamin P. Wynd

     7,530,125        717,489  

Proposal 2. The Company’s shareholders approved an amendment to our Charter, as amended, to increase the authorized shares of our common stock, no par value, from 20,000,000 to 30,000,000. There were no broker non-votes with respect to the proposal.

 

Votes For

  

Votes Against

  

Votes Abstained

10,489,363

   565,178    159,822

Proposal 3. The Company’s shareholders approved the Franklin Financial Network, Inc. 2017 Omnibus Equity Incentive Plan. There were 2,966,749 broker non-votes with respect to the proposal.

 

Votes For

  

Votes Against

  

Votes Abstained

4,327,779

   3,860,229    59,606

 

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Proposal 4. The Company’s shareholders ratified the selection of Crowe Horwath LLP as the Company’s independent auditor for 2017. There were no broker non-votes with respect to the proposal.

 

Votes For

  

Votes Against

  

Votes Abstained

10,984,357

   226,523    3,483

 

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SIGNATURE

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.

Date: May 26, 2017

 

FRANKLIN FINANCIAL NETWORK, INC.
By:  

/s/ Sarah Meyerrose

  Sarah Meyerrose
  Executive Vice President and Chief Financial Officer

 

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