SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report
(Date of Earliest Event Reported)
May 15, 2014
Merchants Bancshares, Inc.
(Exact name of registrant as specified in its charter)
Submission of Matters to a Vote by Security Holders.
At the Annual Meeting of Shareholders (the Annual Meeting) of Merchants Bancshares, Inc. (the Company) held on May 15, 2014, Michael R. Tuttle, Michael G. Furlong and Lorilee A. Lawton were elected to serve until the 2017 Annual Meeting of Shareholders. In addition, at the Annual Meeting, the shareholders (a) approved a non-binding resolution to approve the compensation of the Companys named executive officers and (b) ratified the appointment of Crowe Horwath LLP as the Companys independent registered public accounting firm for 2014.
At the Annual Meeting, the Companys shareholders voted as follows:
Proposal 1. To elect three directors, each whom will serve for a three-year term:
Michael R. Tuttle
Michael G. Furlong
Lorilee A. Lawton
Proposal 2. To consider a non-binding resolution to approve the compensation of the Companys named executive officers:
Proposal 3. To ratify Crowe Horwath LLP as the Companys independent registered public accounting firm for 2014:
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunder duly authorized.