PEOPLES BANCORP OF NORTH CAROLINA INC

Regulatory Filings • May 8, 2020

8-K 1 pebk_8k.htm CURRENT REPORT Document created using Blueprint(R) - powered by Issuer Direct - www.issuerdirect.com Copyright 2020 Issuer Direct Corporation pebk_8k

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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 7, 2020
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 |

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

(a)

Annual Shareholders’ Meeting – May 7, 2020

(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 7, 2020 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	3,900,229	-	913,190	713,724
Robert
C. Abernethy	3,451,124	-	1,362,295	713,724
Douglas
S. Howard	3,953,738	-	859,681	713,724
John
W. Lineberger, Jr.	4,225,755	-	587,664	713,724
Gary
E. Matthews	4,227,541	-	585,878	713,724
Billy
L. Price, Jr. MD	4,227,391	-	586,028	713,724
Larry
E. Robinson	4,225,876	-	587,543	713,724
William
Gregory Terry	3,948,255	-	865,164	713,724
Dan
Ray Timmerman, Sr.	3,898,445	-	914,974	713,724
Benjamin
I. Zachary	4,175,076	-	638,343	713,724

2)

Approval of a new Peoples Bancorp of North Carolina, Inc. 2020 Omnibus Stock Ownership and Long Term Incentive Plan

Votes For – 4,107,514; Votes Against – 659,959; Votes Abstained – 45,946; Broker Non-votes – 713,724

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

Votes For – 5,510,277; Votes Against – 6,124; Votes Abstained – 10,172; 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.
Date:
May 8, 2020	By:	/s/ A.
Joseph Lampron, Jr.
	A.
Joseph Lampron, Jr.
	Executive
Vice President and Chief Financial Officer

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