f8k_042811-0312.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
| |
April 28, 2011
|
|
| |
Date of Report
(Date of earliest event reported)
|
|
|
WSFS Financial Corporation
|
|
(Exact name of registrant as specified in its charter)
|
|
Delaware
|
|
0-16668
|
|
22-2866913
|
|
(State or other jurisdiction
of incorporation)
|
|
(SEC Commission
File Number)
|
|
(IRS Employer
Identification Number)
|
|
500 Delaware Avenue, Wilmington, Delaware
|
|
19801
|
|
|
(Address of principal executive offices)
|
|
(Zip Code)
|
|
Registrant's telephone number, including area code: (302) 792-6000
|
Not Applicable
|
|
(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:
|
¨
|
Written communications pursuant to Rule 425 under the Securities Act
|
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
WSFS FINANCIAL CORPORATION
Section 5 – Corporate Governance and Management
Item 5.07 Submission of Matters to a Vote of Security Holders
Four proposals were submitted to a vote of security holders at our Annual Stockholder’s Meeting held on April 28, 2011:
|
Proposal Number 1:
|
Election of Directors
|
|
Proposal Number 2:
|
Ratification of the Appointment of Independent Registered Public Accounting Firm |
|
Proposal Number 3:
|
Advisory (non-binding) Vote on Executive Compensation
|
|
Proposal Number 4:
|
Advisory (non-binding) Vote Recommending the Frequency of Advisory Votes on Executive Compensation
|
Proposal Number 1: Election of Directors
The Board of Directors nominated the following four persons for election:
· Charles G. Cheleden, for a three-year term
· Zissimos A. Frangopoulos, for a three-year term
· Dennis E. Klima, for a three-year term
· Mark A. Turner, for a three-year term
All nominees proposed were elected.
The votes cast for each nominee were as follows:
| |
For
|
|
|
Withheld
|
|
|
Charles G. Cheleden
|
|
7,129,066 |
|
|
|
49,555 |
|
|
Zissimos A. Frangopoulos
|
|
7,131,276 |
|
|
|
47,345 |
|
|
Dennis E. Klima
|
|
7,143,293 |
|
|
|
35,328 |
|
|
Mark A. Turner
|
|
7,133,043 |
|
|
|
45,578 |
|
Proposal Number 2: Ratification of the Appointment of Independent Registered Public Accounting Firm
This proposal gave shareholders the opportunity to ratify our appointment of KPMG LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2011.
This proposal was approved. The votes cast were as follows:
|
For
|
|
|
Against
|
|
|
Abstain
|
|
|
Broker Non-vote
|
|
| |
6,938,653 |
|
|
|
849,500 |
|
|
|
10,694 |
|
|
|
500 |
|
Proposal Number 3: Advisory (non-binding) Vote on Executive Compensation
We asked stockholders to vote on an advisory (non-binding) resolution to approve the compensation of our executives.
This proposal was approved. The votes cast were as follows:
|
For
|
|
|
Against
|
|
|
Abstain
|
|
|
Broker Non-vote
|
|
| |
7,090,814 |
|
|
|
69,444 |
|
|
|
18,362 |
|
|
|
620,726 |
|
Proposal Number 4: Advisory (non-binding) Vote Recommending the Frequency of Advisory Votes on Executive Compensation
We asked stockholders to select “Three Years” for the vote on an advisory (non-binding) vote recommending the frequency of advisory votes on executive compensation.
This proposal was approved. The votes cast were as follows:
|
One Year
|
|
|
Two Years
|
|
|
Three Years
|
|
|
Abstain
|
|
|
Broker Non-vote
|
|
| |
3,109,200 |
|
|
|
163,693 |
|
|
|
3,885,992 |
|
|
|
20,236 |
|
|
|
620,226 |
|
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.
| |
|
WSFS FINANCIAL CORPORATION
|
|
Date: May 3, 2011
|
|
By:
|
/s/ Stephen A. Fowle
|
| |
|
|
Stephen A. Fowle
Executive Vice President and Chief Financial Officer
|