PEOPLES BANCORP OF NORTH CAROLINA INC

Regulatory Filings • May 9, 2016

8-K 1 form8kforshareholdersmtgmay5.htm 8-K FOR SHAREHOLDERS' MEETING MAY 5, 2016 Licensed to: Peoples Bancorp of North Carolina, Inc. Document created using EDGARfilings PROfile 3.6.0.0 Copyright 1995 - 2016 Summit Financial Printing, LLC. All rights reserved.

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

FORM 8-K
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 5, 2016
Peoples Bancorp of North Carolina, Inc.
(Exact Name of Registrant as Specified in Its Charter)
North Carolina
(State or Other Jurisdiction of Incorporation)
000-27205	56-2132396
(Commission File No.)	(IRS Employer Identification No.)
518 West C Street, Newton, North Carolina	28658
(Address of Principal Executive Offices)	(Zip Code)
(828) 464-5620
(Registrant's Telephone Number, Including Area Code)

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:
☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Peoples Bancorp of North Carolina, Inc.
INDEX
	Page
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

(a) Annual Shareholders' Meeting – May 5, 2016

(b) Directors elected at the meeting are as follows: James S. Abernethy, Robert C. Abernethy, Douglas S. Howard, John W. Lineberger, Jr., Gary E. Matthews, Billy L. Price, Jr. MD, Larry E. Robinson, William Gregory Terry, Dan Ray Timmerman, Sr. and Benjamin I. Zachary

At the May 5, 2016 Annual Shareholders' Meeting the following items were submitted to a vote of shareholders:

1) Election of Directors:

	Votes For	Votes Against	Votes Withheld	Broker Non-votes
James S. Abernethy	3,514,546	-	567,018	955,525
Robert C. Abernethy	3,514,546	-	567,018	955,525
Douglas S. Howard	3,516,302	-	565,262	955,525
John W. Lineberger, Jr.	3,423,393	-	658,171	955,525
Gary E. Matthews	3,511,155	-	570,409	955,525
Billy L. Price, Jr. MD	3,517,665	-	563,899	955,525
Larry E. Robinson	3,511,227	-	570,337	955,525
William Gregory Terry	3,511,317	-	570,247	955,525
Dan Ray Timmerman, Sr.	3,514,585	-	566,979	955,525
Benjamin I. Zachary	3,512,570	-	568,994	955,525

2) Ratification of appointment of Independent Registered Public Accountants – Elliott Davis Decosimo PLLC

Votes For – 5,029,413; Votes Against – 3,222; Votes Abstained – 4,454; Broker Non-votes – 0

3) Participation in advisory (non-binding) vote to approve the compensation of the Company's named executive officers

Votes For – 3,854,837; Votes Against – 78,850; Votes Abstained – 147,877; Broker Non-votes – 955,525

(c) Not applicable

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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 hereunto duly authorized.

PEOPLES BANCORP OF NORTH CAROLINA, INC. — By:
A. Joseph Lampron, Jr.
Executive Vice President and Chief Financial Officer

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