Blueprint
 

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))
 
 
 
 
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
 
 
 
 
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 3, 2019
By:
/s/ A. Joseph Lampron, Jr.
 
A. Joseph Lampron, Jr.
 
Executive Vice President and Chief Financial Officer