8-K
filed April 26, 2024, 7:59 PM ET
ticker WTBA
CIK 0001166928
other material
confidence high
sentiment neutral
materiality 0.40
West Bancorporation shareholders approve 550,000-share increase to 2021 equity plan
WEST BANCORPORATION INC
- Stockholders approved amendment to 2021 Equity Incentive Plan, increasing authorized shares to 1,175,000 from 625,000.
- All 12 director nominees elected with >90% of votes cast in favor; no director received less than 93% support.
- Non-binding say-on-pay passed with 94.6% of votes cast in favor; frequency of vote set at every one year.
- Ratification of RSM US LLP as auditor for 2024 approved with 99.5% of votes cast in favor.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
WEST BANCORPORATION INC shareholders approved Approval of the amendment to West Bancorporation, Inc. 2021 Equity Incentive Plan at the 2024-04-25 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2024-04-25
Exact text from the filing
Proposal 4 - Approval of the amendment to West Bancorporation, Inc. 2021 Equity Incentive Plan. The voting results to approve the above proposal were as follows: For Against Abstain Broker Non-Votes Approval of Amendment of the 2021 Equity Incentive Plan 10,001,085 503,502 69,306 3,268,843
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
WEST BANCORPORATION INC shareholders approved Election of Directors at the 2024-04-25 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2024-04-25
Exact text from the filing
Proposal 1 - Election of Directors Twelve directors were elected to serve for a one year term or until their successors are elected and qualified. The voting results to elect each director were as follows: For Withheld Broker Non-Votes Patrick J. Donovan 10,438,338 135,555 3,268,843 Lisa J. Elming 10,527,958 45,935 3,268,843 Steven K. Gaer 10,106,721 467,172 3,268,843 Douglas R. Gulling 10,427,399 146,494 3,268,843 Sean P. McMurray 10,121,796 452,097 3,268,843 George D. Milligan 9,953,279 620,614 3,268,843 David D. Nelson 10,435,018 138,875 3,268,843 James W. Noyce 9,971,804 602,089 3,268,843 Rosemary Parson 10,536,972 36,921 3,268,843 Steven T. Schuler 10,420,560 153,333 3,268,843 Therese M. Vaughan 10,347,605 226,288 3,268,843 Philip Jason Worth 10,434,117 139,776 3,268,843
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
WEST BANCORPORATION INC shareholders approved Approval, on a nonbinding basis, of the 2023 executive compensation disclosed in the Company's definitive proxy statement at the 2024-04-25 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2024-04-25
Exact text from the filing
Proposal 2 - Approval, on a nonbinding basis, of the 2023 executive compensation disclosed in the Company's definitive proxy statement, which was filed with the Securities and Exchange Commission on March 5, 2024. The voting results to approve the above proposal were as follows: For Against Abstain Broker Non-Votes Approval of 2023 executive compensation 10,004,713 394,531 174,649 3,268,843
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
WEST BANCORPORATION INC shareholders approved Ratification of the appointment of RSM US LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024 at the 2024-04-25 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2024-04-25
Exact text from the filing
Proposal 5 - Ratification of the appointment of RSM US LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024. The voting results to ratify the above proposal were as follows: For Against Abstain Broker Non-Votes Ratification of RSM US LLP 13,763,145 66,039 13,552 —
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
WEST BANCORPORATION INC shareholders approved Approval, on a nonbinding basis, the frequency (every one, two or three years) of the nonbinding vote to approve the compensation of the named executive officers at the 2024-04-25 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2024-04-25
Exact text from the filing
Proposal 3 - Approval, on a nonbinding basis, the frequency (every one, two or three years) of the nonbinding vote to approve the compensation of the named executive officers. The voting results for the frequency of the vote on NEO compensation were as follows: Every One Year Every Two Years Every Three Years Abstain Frequency Vote 9,680,301 66,537 632,449 194,606
View on SEC.gov
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