TBBK

SEC Filing Summary: The Bancorp, Inc. (Form 8-K)

Business Context and Reporting Period

This Form 8-K reports on the Annual Meeting of Stockholders held on May 6, 2013. The filing details the submission of matters to a vote of security holders, including the election of directors, executive compensation approval, equity plan authorization, and auditor selection.

Key Financial Metrics

The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results.

Material Changes and Voting Results

The following matters were voted upon by stockholders:

• Election of Directors: All nominees were elected for one-year terms. Broker non-votes totaled 3,678,595 for each nominee.
• Executive Compensation: The non-binding resolution to approve the 2012 compensation program was approved.
• Equity Plan: The Stock Option and Equity Plan of 2013 was approved.
• Auditor Selection: Grant Thornton LLP was approved as the independent public accountant for the fiscal year ending December 31, 2013.

Voting Data Summary

Guidance, Outlook, and Risks

The filing text does not provide guidance, outlook, management commentary, risks, contingencies, or unusual items. The document is limited to reporting the outcomes of the shareholder vote.

Key Facts for Investor Verification

• Verify the total number of shares outstanding to calculate the percentage of votes cast for each proposal.
• Confirm the specific terms of the newly approved Stock Option and Equity Plan of 2013.
• Note the significant number of broker non-votes (3,678,595) which may indicate a large portion of shares held in street name where brokers lacked discretionary voting power.
• Review the full proxy statement for detailed biographical information on the elected directors and the specific compensation metrics approved.