tompkins-8k_051611.htm
 
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 16, 2011


Tompkins Financial Corporation
(Exact Name of Registrant as specified in Charter)
 
 
New York 
  
1-12709
  
16-1482357
(State or other jurisdiction
of incorporation )
  
(Commission
File Number)
  
(IRS Employer
Identification No.)

The Commons, PO Box 460, Ithaca, New York  
  
14851
  (Address of Principal Executive Offices)
  
(Zip Code)
 
 
 Registrant’s telephone number, including area code
 
  (607) 273-3210
 
  
(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):

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 (17CFR 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 (17CFR 240.13e-4(c))
 
 
 
 
 
Section 5 – Corporate Governance and Management

Item 5.07    Submission of Matters to a Vote of Security Holders

On Monday, May 16, 2011 at 5:30 p.m., at the Country Club of Ithaca, 189 Pleasant Grove Road, Ithaca, New York, Tompkins Financial Corporation (the “Company”) held its 2011 Annual Meeting of Stockholders.   On March 18, 2011, the record date for the meeting, 10,951,947 shares of the Company's common stock were issued and outstanding, of which 8,707,374 were represented at the meeting in person or by proxy, and this amount represented a quorum.

Stockholders voted on the following matters:

(1)  
Stockholders elected seventeen (17) director nominees for terms expiring at the 2012 Annual Meeting;

(2)  
Stockholders ratified the selection of the independent registered public accounting firm, KPMG LLP, as the Company’s independent auditor for the fiscal year ending December 31, 2011;

(3)  
Stockholders approved, on an advisory basis, the Company's 2010 Named Executive Officer compensation; and

(4)  
Stockholders voted, on an advisory basis, on the frequency of conducting future advisory votes on the Company's Named Executive Officer compensation.
 
Set forth below are the number of votes cast for or against each such matter as well as the number of abstentions and broker non-votes with respect to each such matter:
 
Proposal No. 1 – Election of Directors

 
% Votes
Cast
   % of Shares
Outstanding
    
Director
  
Number of
Shares Voted For
    
Number of
Shares Withheld
    
Broker
Non-Votes
  
82.08
     65.26  
John E. Alexander
     7,147,178       64,030       1,496,139  
82.20
     65.36  
Paul J. Battaglia
     7,157,827       53,381       1,496,139  
61.62
     48.99  
James J. Byrnes
     5,365,355       1,845,853       1,496,139  
82.15
     65.32  
Daniel J. Fessenden
     7,153,496       57,712       1,496,139  
80.99
     64.39  
James W. Fulmer              
     7,051,921       159,287       1,496,139  
82.02
     65.21  
Reeder D. Gates                
     7,141,830       69,378       1,496,139  
81.16
     64.53  
James R. Hardie
     7,066,828       144,380       1,496,139  
82.25
     65.39  
Carl E. Haynes
     7,161,493       49,715       1,496,139  
82.01
     65.20  
Susan A. Henry
     7,140,829       70,379       1,496,139  
82.06
     65.24  
Patricia A. Johnson     
     7,145,203       66,005       1,496,139  
82.03
     65.22  
Sandra A. Parker            
     7,142,765       68,443       1,496,139  
82.10
     65.27  
Thomas R. Rochon                      
    7,148,488       62,720       1,496,139  
81.36
     64.68  
Stephen S. Romaine       
     7,084,080       127,128       1,496,139  
81.92
     65.13  
Thomas R. Salm               
     7,132,966       78,242       1,496,139  
80.64
     64.12  
Michael H. Spain         
     7,021,855       189,353       1,496,139  
80.65
     64.12  
William D. Spain, Jr.        
     7,022,508       188,700       1,496,139  
81.79
     65.03  
Craig Yunker                              
     7,121,994       89,214       1,496,139  
 
 
 
 
 
Proposal No. 2 – Ratification of the Selection of KPMG LLP as Independent Auditors of the Company for 2011
 
% Votes
Cast
  
% of Shares
Outstanding
    
Number of
Shares Voted For
    
Number of
Shares Against
    
Number of
Shares Abstain
    
Broker
Non-Votes
  
99.17
     78.85       8,635,300       35,482       36,592       0  
 

 
Proposal No. 3 - Advisory Approval of the Company's 2010 Named Executive Officer Compensation
 
 
% Votes
Cast
  
% of Shares
Outstanding
    
Number of
Shares Voted For
    
Number of
Shares Against
    
Number of
Shares Abstain
    
Broker
Non-Votes
  
79.16 
     62.94        6,892,778        211,237        107,189       1,496,170  
 

 
Proposal No. 4 – Advisory Vote on Frequency of Holding an Advisory Vote on Named Executive Officer Compensation


Every
3 Years
  
Every
2 Years
    
Every
1 Year
    
Number of
Shares Abstain
    
Number of  Broker
Non-Votes
  
4,455,719
     356,796        2,255,196        106,046       1,533,617  
 
In light of these results, the Company’s Board of Directors has determined to hold the non-binding vote on executive compensation every three (3) years until the next stockholder vote on the frequency of such advisory vote.



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.
 
   
TOMPKINS FINANCIAL CORPORATION
  
       
       
   
By:
/s/STEPHEN S. ROMAINE
  
   
Name:
 Stephen S. Romaine  
Date:  May 19, 2011   
Title:
 President and CEO