8-K 1 form8k52410.txt FORM 8K 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 19, 2010 KENTUCKY BANCSHARES, INC. (Exact Name of Registrant as specified in Charter) Kentucky 33-96358 61-0993464 (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) incorporation) P.O. Box 157, Paris, Kentucky 40362-0157 (Address of principal executive offices) (Zip code) (859)987-1795 (Registrant's telephone number, including area code) N/A (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: ? 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)) INFORMATION TO BE INCLUDED IN THE REPORT Item 5.07 Submission of Matters to a Vote of Security Holders The registrant's 2010 Annual Meeting of Shareholders was held May 19, 2010. Matters voted upon were (1) ratification of the Board's selection of Crowe Horwath LLP as the Company's independent registered public accounting firm for the ensuing year and (2) election of directors. The final number of votes cast with respect to each matter are set out below: 1) Ratification of the Board's selection of Crowe Horwath LLP as the Company's independent registered public accounting firm for the ensuing year: Votes For 2,127,061 Votes Against 10,884 Votes Abstain 700 2) Election of the following nominees to the Company's Board of Directors for the ensuing year: Votes For Votes Withheld William Arvin 1,672,984 22,032 Louis Prichard 1,674,812 20,204 B. Proctor Caudill, Jr. 1,661,139 33,877 Woodford Van Meter 1,693,816 1,200 The following directors have a term of office that will continue following the Annual Meeting: Henry Hinkle, Theodore Kuster, Betty J. Long, Ted McClain, Edwin S. Saunier, Robert Thompson and Buckner Woodford, IV. The total number of Common Shares outstanding as of May 19, 2010, the record date for the Annual Meeting of Shareholders, was 2,743,471. SIGNATURE 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. KENTUCKY BANCSHARES, INC. Date: May 24, 2010 By /s/ Gregory J. Dawson___ Gregory J. Dawson Chief Financial Officer