8-K
Metropolitan Bank Holding Corp. (MCB)
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 eventreported): May 29, 2024
METROPOLITAN BANK HOLDING CORP.
(Exact name of registrant as specifiedin its charter)
| New York | 001-38282 | 13-4042724 |
|---|---|---|
| (State or other jurisdiction of incorporation or organization) | (Commission File Number) | (IRS Employer Identification Number) |
| 99 Park Avenue, New York, New York | 10016 | |
| --- | --- | |
| (Address of principal executive offices) | (Zip Code) |
(212) 659-0600
(Registrant’s telephone number, includingarea code)
N/A
(Former name or former address, if changedsince 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-4c) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Common Stock, par value $0.01 per share | MCB | New York Stock Exchange |
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. |
|---|
On May 29, 2024, Metropolitan Bank Holding Corp. (the “Company”) held its Annual Meeting of Stockholders (the “Annual Meeting”). At the Annual Meeting, the Company’s stockholders elected all four of the Board of Director nominees to serve as directors until the 2027 Annual Meeting of Stockholders, or until their successors are duly elected and qualified, and ratified the appointment of Crowe LLP as independent registered public accounting firm for the year ending December 31, 2024. The Company’s stockholders also approved the Metropolitan Bank Holding Corp. Amended and Restated 2022 Equity Incentive Plan (the “Plan”) and, on a non-binding advisory basis, the compensation of the Company’s named executive officers for 2023. Each proposal is described in more detail in the Company’s definitive proxy statement for the Annual Meeting, which was filed with the Securities and Exchange Commission on April 22, 2024.
As of the record date, there were 11,191,958 shares of the Company’s common stock, par value $0.01 per share (“Shares”), outstanding and entitled to vote on each matter presented for vote at the Annual Meeting. At the Annual Meeting, 9,844,274 Shares, or approximately 87.96% of the outstanding Shares entitled to vote, were represented in person or by proxy. Those Shares were voted as follows:
| 1. | The following individuals were nominated to serve as directors<br>until the 2027 Annual Meeting of Stockholders, or until their successors are duly elected and qualified. All nominees were elected. The<br>results of the vote were as follows: | ||
|---|---|---|---|
| Name | Votes For | Votes Withheld | Broker Non-Votes |
| --- | --- | --- | --- |
| Mark R. DeFazio | 8,058,824 | 391,757 | 1,393,693 |
| Harvey M. Gutman | 5,988,420 | 2,462,161 | 1,393,693 |
| Katrina Robinson | 6,085,002 | 2,365,579 | 1,393,693 |
| George J. Wolf, Jr. | 7,941,931 | 508,650 | 1,393,693 |
| 2. | The appointment of Crowe LLP as independent registered public<br>accounting firm to audit the financial statements of the Company for the fiscal year ending December 31, 2024, was ratified. The results<br>of the vote were as follows: | ||
| --- | --- | ||
| Votes For | Votes Against | Abstentions | |
| --- | --- | --- | |
| 9,790,240 | 51,480 | 2,554 | |
| 3. | The Company’s stockholders approved, on a non-binding<br>advisory basis, the compensation of the Company’s named executive officers for 2023. The results of the vote were as follows: | ||
| --- | --- | ||
| Votes For | Votes Against | Abstentions | Broker Non-Votes |
| --- | --- | --- | --- |
| 7,723,828 | 536,721 | 190,032 | 1,393,693 |
| 4. | The Company’s stockholders approved the Plan. The results<br>of the vote were as follows: | ||
| --- | --- | ||
| Votes For | Votes Against | Abstentions | Broker Non-Votes |
| --- | --- | --- | --- |
| 8,123,658 | 318,530 | 8,393 | 1,393,693 |
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 hereunto duly authorized.
| METROPOLITAN BANK HOLDING CORP. | ||
|---|---|---|
| Dated: May 29, 2024 | By: | /s/ Frederik F. Erikson |
| Frederik F. Erikson | ||
| Executive Vice President and General Counsel |