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Green Dot board adopts amendments to bylaws

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Green Dot board adopts amendments to bylaws

Green DotCorp.'s board has adopted amendments to the company's bylaws toimplement proxy access.

The amendment adds a new section that allows a stockholder, orgroup of up to 20 stockholders, with ownership of at least 3% of outstandingcommon shares for at least three years to nominate and include in the company'sproxy materials director nominees constituting up to the greater of twoindividuals or 20% of the board.

Green Dot's board also approved amendments to the bylaws tochange the vote standard for the election of directors from a plurality to amajority of votes cast in uncontested elections.