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 7, 2013

 



Merchants Bancshares, Inc.

(Exact name of registrant as specified in its charter)

 


Delaware

0-11595

03-0287342

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification Number)

 

 

 

275 Kennedy Drive

 

 

South Burlington, Vermont

(802) 658-3400

05403

(Address of principal executive offices)

(Registrant’s telephone number, including area code)

(Zip 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:


¨

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))





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


At the Annual Meeting of Shareholders of Merchants Bancshares, Inc. (the “Company”) held on May 7, 2013, the Company’s shareholders voted as follows:


Proposal 1. To elect five directors, each of whom will serve for a three-year term, and to elect one director who will serve for a two-year term:

 

 

 

 

 

Nominee

Term

Votes For

Votes Withheld

Broker Non-Votes

Raymond C. Pecor, Jr.

Three year term

4,329,509

81,794

1,091,493

Patrick S. Robins

Three year term

4,329,111

82,192

1,091,493

Jeffrey L. Davis

Three year term

4,330,128

81,175

1,091,493

Bruce M. Lisman

Three year term

3,958,653

452,650

1,091,493

Karen J. Danaher

Three year term

4,334,616

76,687

1,091,493

Janette K. Bombardier

Two year term

4,335,333

75,970

1,091,493


Proposal 2. To consider a non-binding resolution to approve the compensation of the Company’s named executive officers:

 

 

 

 

Votes For

Votes Against

Abstentions

Broker Non-Votes

4,233,637

85,913

91,751

1,091,494


Proposal 3. To ratify Crowe Horwath LLP as the Company’s independent registered public accounting firm for 2013:

 

 

 

 

Votes For

Votes Against

Abstentions

Broker Non-Votes

5,480,925

13,158

8,685

0




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. 


 

By:

/s/ Michael R. Tuttle

 

Name:

Michael R. Tuttle

 

Title:

President & CEO


Date: May 10, 2013