FULTON FINANCIAL CORP Depositary Shares, Each Representing 1/40th Interest in a Share of Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A false 0000700564 0000700564 2021-05-25 2021-05-25 0000700564 us-gaap:CommonStockMember 2021-05-25 2021-05-25 0000700564 us-gaap:SeriesAPreferredStockMember 2021-05-25 2021-05-25

 

 

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, 2021

 

 

Fulton Financial Corporation

(Exact name of registrant as specified in its charter)

 

 

 

PA   0-10587   23-2195389
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)

One Penn Square

Lancaster, PA 17602

(Address of principal executive offices) (Zip Code)

(717) 291-2411

(Registrant’s telephone number, including area code)

Not Applicable

(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 (see General Instruction A.2. below):

 

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))

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 $2.50   FULT   The Nasdaq Stock Market, LLC
Depositary Shares, Each Representing 1/40th Interest in a Share of Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A   FULTP   The Nasdaq Stock Market, LLC

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.

Fulton Financial Corporation (“Fulton”) held its 2021 Annual Meeting of Shareholders (the “Annual Meeting”) on Tuesday, May 25, 2021. At the Annual Meeting, Fulton’s shareholders voted on the three matters described in the Proxy Statement, which consisted of:

 

  (1)

ELECTION OF DIRECTORS. The election of fourteen (14) director nominees to serve for one-year terms;

 

  (2)

EXECUTIVE COMPENSATION PROPOSAL. A non-binding say on pay (“Say-on-Pay”) resolution to approve the compensation of the named executive officers for 2020; and

 

  (3)

RATIFICATION OF INDEPENDENT AUDITOR. The ratification of the appointment of KPMG LLP as Fulton’s independent auditor for the fiscal year ending December 31, 2021.

The number of votes cast ‘For’ or ‘Against’ at the Annual Meeting, as well as the number of abstentions and broker non-votes, as to each such matter, are set forth in the tables below. The percent voted ‘For’ in the tables below represents the number of votes cast ‘For’ as a percentage of the total number of votes cast ‘For’ and ‘Against.’

Proposal 1 - Election of Directors - The fourteen (14) director nominees named in the Proxy Statement were elected by Fulton’s shareholders at the Annual Meeting, as set forth below:

 

2021 Nominees

  

# Votes

For

  

Voted For
%

  

# Votes
Against

  

# Votes
Abstain

  

# Broker
Non-Votes

Jennifer Craighead Carey

   113,175,882    99.21%    904,387    1,315,342    17,757,975

Lisa Crutchfield

   111,774,999    98.00%    2,285,018    1,335,594    17,757,975

Denise L. Devine

   112,566,009    98.66%    1,530,367    1,299,235    17,757,975

Steven S. Etter

   113,342,941    99.32%    772,032    1,280,638    17,757,975

Carlos E. Graupera

   111,799,582    97.98%    2,310,639    1,285,390    17,757,975

George W. Hodges

   112,383,401    98.47%    1,747,973    1,264,237    17,757,975

George K. Martin

   113,289,707    99.28%    819,572    1,286,332    17,757,975

James R. Moxley III

   112,676,416    98.79%    1,375,323    1,343,872    17,757,975

Curtis J. Myers

   111,445,849    97.64%    2,692,513    1,257,249    17,757,975

Scott A. Synder

   112,605,155    98.68%    1,511,312    1,279,144    17,757,975

Ronald H. Spair

   113,326,930    99.32%    778,377    1,290,304    17,757,975

Mark F. Strauss

   112,546,453    98.61%    1,590,730    1,258,428    17,757,975

Ernest J. Waters

   113,268,432    99.24%    869,329    1,257,850    17,757,975

E. Philip Wenger

   112,292,578    98.43%    1,796,909    1,306,124    17,757,975


Proposal 2 - Executive Compensation Proposal - The Say-on-Pay proposal included in the Proxy Statement was approved by Fulton’s shareholders at the Annual Meeting, as set forth below:

 

# Votes

For

  

Votes For %

  

# Votes
Against

  

# Votes Abstained

  

# Broker
Non-Votes

109,893,360

   97.17%    3,195,341    2,306,910    17,757,975

Proposal 3 - Ratification of Independent Auditor– The appointment of KPMG LLP as Fulton’s independent auditor for the fiscal year ending December 31, 2021 was ratified by Fulton’s shareholders at the Annual Meeting, as set forth below:

 

# Votes

For

  

Votes For %

  

# Votes
Against

  

# Votes Abstained

  

# Broker
Non-Votes

130,660,022

   99.18%    1,085,962    1,407,602    0

Item 8.01 - Other Events.

On May 26, 2021, Fulton announced that George K. Martin was elected fill the Fulton Board of Directors seat vacated by retiring director Patrick Freer. The press release issued by Fulton containing the announcement is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01 - Financial Statements and Exhibits.

(d)    Exhibits.

 

Exhibit No.

  

Description

99.1    May 26, 2021 Fulton Press Release
104    Cover page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document)


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.

 

    Fulton Financial Corporation
    (Registrant)
Date: May 27, 2021     By:  

/s/ Daniel R. Stolzer

     

Name:  Daniel R. Stolzer

     

Title:   Senior Executive Vice President and Chief Legal Officer

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