8-K
false 0000887343 0000887343 2020-05-27 2020-05-27

 

 

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 27, 2020

 

COLUMBIA BANKING SYSTEM, INC.

(Exact name of registrant as specified in its charter)

 

Washington

(State or other jurisdiction

of incorporation)

000-20288

 

91-1422237

(Commission

File Number)

  

(IRS Employer

Identification No.)

1301 A Street

Tacoma, WA 98402

(Address of principal executive offices) (zip code)

Registrant’s telephone number, including area code: (253) 305-1900

 

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))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

  

Trading

symbol

  

Name of each exchange

on which registered

Common Stock, No Par Value

  

COLB

  

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.

On May 27, 2020, Columbia Banking System, Inc. (the “Company”) held its 2020 Annual Meeting of Shareholders (the “2020 Annual Meeting”). There were 71,575,503 shares outstanding and entitled to vote at the 2020 Annual Meeting; of those shares 66,540,919 were present in person or by proxy. The following matters were voted upon at the 2020 Annual Meeting:

  1. The election of eleven directors to serve on the Company’s Board of Directors until the 2021 Annual Meeting or until their successors have been elected and have qualified;

  2. An advisory (non-binding) resolution to approve the compensation of the Company’s named executive officers; and

  3. An advisory (non-binding) resolution to ratify the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2020.

The following is a summary of the voting results for the matters voted upon by the shareholders.

1. Election of Directors

Director’s Name

 

Votes For

   

Votes
Against

   

Abstentions

   

Broker
Non-Votes

 

Craig D. Eerkes

   

62,180,400

     

183,786

     

19,829

     

4,156,904

 

Ford Elsaesser

   

62,303,861

     

56,638

     

23,516

     

4,156,904

 

Mark A. Finkelstein

   

62,293,066

     

69,842

     

21,107

     

4,156,904

 

Eric S. Forrest

   

62,299,792

     

65,098

     

19,125

     

4,156,904

 

Thomas M. Hulbert

   

61,531,116

     

828,898

     

24,001

     

4,156,904

 

Michelle M. Lantow

   

62,300,714

     

51,726

     

31,575

     

4,156,904

 

Randal L. Lund

   

62,291,998

     

53,607

     

38,410

     

4,156,904

 

S. Mae Fujita Numata

   

62,322,450

     

46,809

     

14,756

     

4,156,904

 

Elizabeth W. Seaton

   

62,319,638

     

46,913

     

17,464

     

4,156,904

 

Clint E. Stein

   

62,299,616

     

61,204

     

23,195

     

4,156,904

 

Janine T. Terrano

   

62,327,408

     

36,951

     

19,656

     

4,156,904

 

2. Advisory (non-binding) Approval of Executive Compensation

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

60,772,543

 

977,760

 

633,712

 

4,156,904

3. Advisory (non-binding) Ratification of Appointment of Independent Public Accounting Firm

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

65,541,355

 

925,198

 

74,366

 

—  

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.

Date: June 1, 2020

 

COLUMBIA BANKING SYSTEM, INC.

         

 

By:

 

/s/ David C. Lawson

 

 

David C. Lawson

 

 

Executive Vice President, Chief Human Resources Officer

v3.20.1
Document and Entity Information
May 27, 2020
Cover [Abstract]  
Amendment Flag false
Entity Central Index Key 0000887343
Document Type 8-K
Document Period End Date May 27, 2020
Entity Registrant Name COLUMBIA BANKING SYSTEM, INC.
Entity Incorporation State Country Code WA
Entity File Number 000-20288
Entity Tax Identification Number 91-1422237
Entity Address, Address Line One 1301 A Street
Entity Address, City or Town Tacoma
Entity Address, State or Province WA
Entity Address, Postal Zip Code 98402
City Area Code (253)
Local Phone Number 305-1900
Written Communications false
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Security 12b Title Common Stock, No Par Value
Trading Symbol COLB
Security Exchange Name NASDAQ
Entity Emerging Growth Company false