Item 5.07 Submission of Matters to a Vote of Security Holders.
The Special Meeting was held on
As of
The results of the votes cast by stockholders are as follows:
Proposal 1: To adopt the Agreement and Plan of Merger, dated as of
Proposal 1: The Sterling Merger Proposal:
For Against Abstain Broker Non-Votes 157,094,942 575,126 127,647 N/A
Proposal 2: To approve, on a non-binding, advisory basis, the compensation that may be paid or become payable to Sterling's named executive officers that is based on or otherwise relates to the Merger (the "Sterling Compensation Proposal");
Proposal 2: The Sterling Compensation Proposal:
For Against Abstain Broker Non-Votes 151,732,106 5,067,182 998,427 N/A
Proposal 3: To adjourn the Special Meeting, if necessary or appropriate, to solicit additional proxies if, immediately prior to such adjournment, there are not sufficient votes to approve the Sterling Merger Proposal or to ensure that any supplement or amendment to the Proxy Statement/Prospectus is timely provided to holders of Sterling common stock. Because the Sterling Merger Proposal and the Sterling Compensation Proposal were approved, the Adjournment Proposal was withdrawn and not considered at the Special Meeting.
Completion of the Merger remains subject to the satisfaction of the remaining customary closing conditions contained in the Merger Agreement. Assuming such conditions are satisfied, Sterling currently expects to complete the Merger in the fourth quarter of 2021.
Item 8.01 Other Events.
On
Item 9.01 Financial Statements and Exhibits
(d) Exhibits Exhibit No. Description
99.1 Joint Press Release of Sterling and Webster, dated
regarding Special Meeting Results
104 Cover Page Interactive Data File - the cover page XBRL tags are
embedded within the Inline XBRL document
© Edgar Online, source