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WILSHIRE BANCORP INC FILES (8-K) Disclosing Submission of Matters to a Vote of Security Holders

May 29, 2014



ITEM 5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

The Company held its 2014 Annual Meeting of Shareholders on Wednesday, May 28, 2014. At the 2014 Annual Meeting, the shareholders of the Company voted upon the following proposals:

1. To elect three directors assigned to Class I of the Board of Directors of Wilshire Bancorp for three year terms expiring at the 2017 Annual Meeting of Shareholders or until their successors are duly elected and qualified;

2. A non-binding, advisory proposal on the compensation of Wilshire Bancorp's executive officers; and

3. To ratify the Board of Directors' selection of Crowe Horwath LLP as Wilshire Bancorp's independent registered public accounting firm for the fiscal year ending December 31, 2014.

As of April 8, 2014, the record date for the 2014 Annual Meeting, there were 78,247,026 shares of the Company's common stock outstanding and entitled to vote at the 2014 Annual Meeting. Shareholders holding 68,649,982 shares were present at the meeting, in person or represented by proxy. Set forth below are the final voting results on each matter submitted to a vote of the Company's shareholders.

At the 2014 Annual Meeting, each of the individuals nominated by the Board of Directors to serve as a Class I director of the Company was duly elected by the Company's shareholders, and the final results of the votes cast with respect to the four Class I director nominees were as follows:

For Withheld Broker Non-Vote



Donald Byun 54,867,402 553,509 13,229,071 Lawrence Jeon 54,867,702 553,209 13,229,071 Steven Koh 55,233,202 187,709 13,229,071

At the 2014 Annual Meeting, the shareholders approved the non-binding advisory proposal on the compensation of the Company's executive officers, with 54,241,997 shares voting for the proposal, 1,093,755 shares voting against the proposal, 85,159 shares abstaining, and 13,229,071 broker non-votes.

At the 2014 Annual Meeting, the shareholders ratified the Board of Directors' selection of Crowe Horwath LLP as Wilshire Bancorp's independent registered public accounting firm for the fiscal year ending December 31, 2014 with 68,139,170 shares voting for the ratification, 509,402 shares voting against the ratification, and 1,410 shares abstaining. There were no broker non-votes.

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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.

WILSHIRE BANCORP, INC. Date: May 29, 2014 By: /s/ Alex KoAlex Ko, Executive Vice President, Chief Financial Officer



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Source: Edgar Glimpses


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