FIRST BANCORP /NC/ — Regulatory Filings 2017

May 8, 2017

8-K 1 form8k-17875_fbnc.htm 8-K

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

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Form 8-K

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CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): May 3, 2017

First Bancorp

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(Exact Name of Registrant as Specified in its Charter)

North Carolina	0-15572	56-1421916
(State or Other Jurisdiction	(Commission	(I.R.S. Employer
of Incorporation)	File Number)	Identification Number)

300 SW Broad Street, Southern Pines, NC	28387
(Address of Principal Executive Offices)	(Zip Code)

(910) 246-2500

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(Registrant’s telephone number, including area code)

Not Applicable

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(Former Name or Former Address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

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First Bancorp INDEX

Item 5.07 – Submission of Matters to a Vote of Security Holders	3
Signatures	4

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Item 5.07 – Submission of Matters to a Vote of Security Holders

On May 3, 2017, First Bancorp (the “Company”) held its annual meeting of shareholders. At the meeting, the Company’s shareholders: (i) elected each of the twelve persons listed below under Proposal 1 to serve as a director of the Company until the 2018 annual meeting; (ii) ratified the appointment of Elliott Davis Decosimo, PLLC as the independent auditors of the Company for 2017; and (iii) approved, on a non-binding advisory basis, the Company’s named executive officer compensation (“Say on Pay”).

The following table describes the results of the voting at the annual meeting.

Proposal or Name of Nominee
Proposal 1: To elect twelve nominees to the Board of Directors to serve until the 2018 annual meeting of shareholders, or until their successors are elected and qualified
Donald H. Allred	14,968,220	—	468,342	—	2,693,295
Daniel T. Blue, Jr.	15,010,876	—	425,686	—	2,693,295
Mary Clara Capel	15,006,464	—	430,098	—	2,693,295
James C. Crawford, III	14,352,072	—	1,084,490	—	2,693,295
Abby J. Donnelly	15,005,660	—	430,902	—	2,693,295
Michael G. Mayer	15,010,523	—	426,039	—	2,693,295
Richard H. Moore	15,166,716	—	269,846	—	2,693,295
Thomas F. Phillips	15,034,356	—	402,206	—	2,693,295
O. Temple Sloan, III	14,923,284	—	513,278	—	2,693,295
Frederick L. Taylor II	15,033,106	—	403,456	—	2,693,295
Virginia C. Thomasson	15,097,465	—	339,097	—	2,693,295
Dennis A. Wicker	9,478,178	—	5,958,384	—	2,693,295
Proposal 2: To ratify the appointment of Elliott Davis Decosimo, PLLC as the independent auditors of the Company for 2017.	18,032,372	70,829	—	26,656	—
Proposal 3: To approve, on a non-binding advisory basis, the Company’s named executive officer compensation (“Say on Pay”).	15,022,967	304,414	—	109,181	2,693,295

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Signatures

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 thereunto duly authorized.

First Bancorp — /s/ Richard H. Moore
Richard H. Moore
Chief Executive Officer

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