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

 

May 18, 2015

Date of Report (Date of Earliest Event Reported)

 

PACWEST BANCORP

(Exact Name of Registrant as Specified in Charter)

 

 

10250 Constellation Blvd., Suite 1640

Los Angeles, California 90067

(Address of Principal Executive Offices)(Zip Code)

 

(310) 286-1144

(Registrant’s Telephone Number, including Area Code)

 

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 (17 CFR 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 (17 CFR 240.13e-4(c))

 

 

 

Item 5.07.                                        Submission of Matters to a Vote of Security Holders.

 

On May 18, 2015, PacWest Bancorp (the “Company”) held its annual meeting of stockholders (the “Meeting”). There were 101,914,812 shares of Company common stock issued and outstanding on the record date and entitled to vote at the Meeting and 96,563,720 shares were represented in person or by proxy at the Meeting, which constituted a quorum to conduct business at the Meeting. At the Meeting, the thirteen nominees for director were elected to the Company’s Board of Directors and the Company’s stockholders approved proposals 2, 3, 4 and 5 as detailed in the Company’s 2015 Proxy Statement with the affirmative vote of the holders of a majority of the shares of common stock present at the Meeting in person or by proxy and entitled to vote.

 

Proposal 1

 

The election of the Company’s directors who shall hold office until the next annual meeting of stockholders or until their successors are duly elected and qualified, was as follows:

 

						Broker
		For		Withhold		Non-Vote
Craig A. Carlson		88,057,198		1,374,378		7,132,144
John M. Eggemeyer		86,699,794		2,731,782		7,132,144
Barry C. Fitzpatrick		66,546,851		22,884,725		7,132,144
Andrew B. Fremder		88,737,078		694,498		7,132,144
C. William Hosler		66,101,328		23,330,248		7,132,144
Susan E. Lester		87,751,383		1,680,193		7,132,144
Douglas H. (Tad) Lowrey		87,105,137		2,326,439		7,132,144
Timothy B. Matz		66,072,503		23,359,073		7,132,144
Roger H. Molvar		66,100,370		23,331,206		7,132,144
James J. Pieczynski		87,142,106		2,289,470		7,132,144
Daniel B. Platt		82,420,290		7,011,286		7,132,144
Robert A. Stine		65,996,572		23,435,004		7,132,144
Matthew P. Wagner		87,119,533		2,312,043		7,132,144

 

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Proposal 2

 

Approval of the PacWest Bancorp 2015 Executive Incentive Plan:

 

						Broker
For		Against		Abstain		Non-Vote
87,873,838		1,380,490		177,248		7,132,144

 

Proposal 3

 

Ratification of the Tax Asset Protection Plan:

 

						Broker
For		Against		Abstain		Non-Vote
77,428,607		11,842,118		160,851		7,132,144

 

Proposal 4

 

Advisory (non-binding) vote on executive compensation:

 

						Broker
For		Against		Abstain		Non-Vote
53,381,730		35,660,714		389,132		7,132,144

 

Proposal 5

 

Ratification of the appointment of KPMG LLP as the Company’s independent auditors for the fiscal year ending December 31, 2015:

 

For		Against		Abstain
93,349,134		3,054,546		160,040

 

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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.

 

 

		PACWEST BANCORP
Date: May 19, 2015	By:	/s/ Lynn M. Hopkins
		Name:	Lynn M. Hopkins
		Title:	Executive Vice President

 

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