PEOPLES BANCORP OF NORTH CAROLINA INC

Regulatory Filings • May 3, 2019

8-K 1 pebk_8k.htm CURRENT REPORT Document created using Blueprint(R) - powered by Issuer Direct - www.issuerdirect.com Copyright 2019 Issuer Direct Corporation Blueprint

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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 2, 2019

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))

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| Peoples
Bancorp of North Carolina, Inc. | |
| --- | --- |
| INDEX | |
| | Page |
| Item
5.07 – Submission of Matters to a Vote of Security
Holders | 3 |
| Signatures | 4 |

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

(a)

Annual Shareholders’ Meeting – May 2, 2019

(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 2, 2019 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	3,757,660	-	965,696	915,460
Robert
C. Abernethy	3,523,593	-	1,199,763	915,460
Douglas
S. Howard	3,809,595	-	913,761	915,460
John
W. Lineberger, Jr.	4,035,346	-	688,010	915,460
Gary
E. Matthews	4,038,260	-	685,096	915,460
Billy
L. Price, Jr. MD	4,037,978	-	685,378	915,460
Larry
E. Robinson	4,036,209	-	687,147	915,460
William
Gregory Terry	3,806,583	-	916,773	915,460
Dan
Ray Timmerman, Sr.	3,757,588	-	965,768	915,460
Benjamin
I. Zachary	3,984,066	-	739,290	915,460

2)

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

Votes For – 3,951,783; Votes Against – 675,315; Votes Abstained – 96,258; Broker Non-votes – 915,460

3)

Participation in advisory (non-binding) vote to determine the frequency in which shareholders approve the compensation of the Company’s named executive officers

Votes For 3 Years – 2,677,906; Votes For 2 Years – 155,773; Votes For 1 Year – 1,800,489; Votes Abstained – 89,188; Broker Non-votes – 915,460

4) Ratification of appointment of Independent Registered Public Accountants – Elliott Davis, PLLC

Votes For – 5,611,599; Votes Against – 10,357; Votes Abstained – 16,860; Broker Non-votes – 0

(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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