First Merchants Corp. Files 8-K on Shareholder Vote

TL;DR

FRME filed an 8-K about a shareholder vote on May 7th.

AI Summary

First Merchants Corp. filed an 8-K on May 9, 2024, reporting on a matter submitted to a vote of security holders on May 7, 2024. The filing details the company's common stock and depositary shares, with its principal executive offices located in Muncie, Indiana.

Why It Matters

This filing indicates a formal process involving shareholder decisions, which can impact corporate governance and future strategic directions.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of a shareholder vote and does not appear to contain significant new risks.

Key Players & Entities

• FIRST MERCHANTS CORP (company) — Registrant
• Muncie, IN (location) — Principal executive offices
• May 7, 2024 (date) — Date of earliest event reported
• May 9, 2024 (date) — Date of report

FAQ

Key Financial Figures

• $0.125 — ange on which registered Common Stock, $0.125 stated value per share FRME The Nasdaq

Filing Documents

• frme-20240507.htm (8-K) — 59KB
• 0000712534-24-000171.txt ( ) — 225KB
• frme-20240507.xsd (EX-101.SCH) — 3KB
• frme-20240507_def.xml (EX-101.DEF) — 16KB
• frme-20240507_lab.xml (EX-101.LAB) — 28KB
• frme-20240507_pre.xml (EX-101.PRE) — 16KB
• frme-20240507_htm.xml (XML) — 4KB

07 DEPARTURE SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

ITEM 5.07 DEPARTURE SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS. On May 7, 2024 the Corporation held its Annual Meeting of Shareholders. Michael R. Becher, Patrick J. Fehring, Mark K. Hardwick and Jason R. Sondhi were elected to the Board of Directors for three-year terms expiring at the 2027 annual meeting of shareholders. The shareholders adopted a non-binding resolution approving the compensation of the Corporation's executive officers, as well as proposals to approve: the 2024 Long-Term Equity Incentive Plan, the Equity Compensation Plan for Non-Employee Directors, the 2024 Employee Stock Purchase Plan, an amendment to the Company's Articles of Incorporation giving shareholders the ability to amend the Company's Bylaws, amendments to the Company's Articles of Incorporation to provide for a phased-in declassification of the Company's Board of Directors, an amendment to the Company's Articles of Incorporation to require majority voting in uncontested director elections and the appointment of FORVIS, LLP as the Corporation's independent registered public accounting firm for 2024. Finally, the shareholders voted to approve, on an advisory basis, "One Year" as the frequency of voting on executive compensation. The votes on these matters were as follows: 1. Election of Directors: FOR WITHHELD BROKER NON-VOTES Michael R. Becher 40,307,395 5,941,997 5,633,279 Patrick J. Fehring 44,516,265 1,733,127 5,633,279 Mark K. Hardwick 44,548,963 1,700,429 5,633,279 Jason R. Sondhi 45,347,179 902,213 5,633,279 2. Approval, on an advisory basis, of the compensation of Corporation's named executive officers: FOR AGAINST ABSTAIN BROKER NON-VOTES 42,689,312 3,385,497 174,583 5,633,279 3. Approval, on an advisory basis, of the frequency of advisory votes on executive compensation: ONE YEAR TWO YEARS THREE YEARS ABSTAIN 42,506,356 136,700 3,401,641 204,695 4. Approval of 2024 Long-Term Equity Incentive Plan: FOR AGAINST ABSTAIN BROKER NON-VOTES 43,

SIGNATURES

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. First Merchants Corporation (Registrant) By: /s/ Michele M. Kawiecki Michele M. Kawiecki Executive Vice President, Chief Financial Officer (Principal Financial and Accounting Officer) Dated: May 9, 2024

View Full Filing

View this 8-K filing on SEC EDGAR