0001008579-18-000013.txt : 20180517 0001008579-18-000013.hdr.sgml : 20180517 20180517114418 ACCESSION NUMBER: 0001008579-18-000013 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180515 ITEM INFORMATION: Submission of Matters to a Vote of Security Holders FILED AS OF DATE: 20180517 DATE AS OF CHANGE: 20180517 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HIGHLANDS BANKSHARES INC /VA/ CENTRAL INDEX KEY: 0001008579 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 000000000 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-27622 FILM NUMBER: 18842188 BUSINESS ADDRESS: STREET 1: 340 W MAIN ST STREET 2: C/O HIGHLANDS UNION BANK CITY: ABINGDON STATE: VA ZIP: 24210 MAIL ADDRESS: STREET 1: 340 WEST MAIN STREET STREET 2: C/O HIGHLANDS UNION BANK CITY: ABINGDON STATE: VA ZIP: 24210 8-K 1 a2018shareholdermeetingres.htm 8-K Document


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 15, 2018
___________

HIGHLANDS BANKSHARES, INC.
(Exact name of registrant as specified in its charter)

Virginia
(State or other jurisdiction
of incorporation)
0-27622
(Commission File Number)
54-1796693
(IRS Employer
Identification No.)
 
 
 
Post Office Box 1128
Abingdon, Virginia
(Address of principal executive offices)
 
24212-1128
(Zip Code)

Registrant’s telephone number, including area code:  (276) 628-9181

Not Applicable
(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:

o      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 

 





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

Highlands Bankshares, Inc. (the “Company”) held its Annual Meeting of Shareholders on May 15, 2018 (the “Annual Meeting”). At the Annual Meeting, the shareholders of the Company elected eight directors to serve for one-year terms, ratified the Company’s appointment of Brown, Edwards & Company, LLP as the Company’s independent auditors for 2018, approved the non-binding resolution to endorse the Company’s executive compensation program, and approved the Company’s 2018 Restricted Stock Plan. The voting results for each proposal are as follows:

1.    To elect eight directors to serve for terms of one year each, expiring at the 2019 annual meeting of shareholders:               
 
For
Withheld
Broker Non-Vote
E. Sutton Bacon
3,455,277
359,447
1,406,876
E. Craig Kendrick
3,497,642
317,081
1,406,876
Jon C. Lundberg
3,106,067
708,657
1,406,876
Charles D. Meade, III
3,488,071
326,652
1,406,876
Robert W. Moser, Jr.
3,484,708
330,016
1,406,876
Charles P. Olinger
3,497,242
317,481
1,406,876
Edward M. Rosinus
3,454,402
360,322
1,406,876
Timothy K. Schools
3,355,116
459,607
1,406,876


2.     To ratify the appointment of Brown, Edwards & Company, LLP as the Company's independent registered public accounting firm for the year ending December 31, 2018.                        
For
Against
Abstain
4,922,539
272,009
27,051


3.     Advisory approval of the Company’s executive compensation (“Say on Pay”). 
For
Against
Abstain
Broker Non-Vote
3,167,078
143,770
503,876
1,406,876
 


4.    To approve the 2018 Restricted Stock Plan.
For
Against
Abstain
Broker Non-Vote
2,717,971
420,975
675,777
1,406,876

 

 





SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


 
HIGHLANDS BANKSHARES, INC.
 
 
 (Registrant)
 
 
 
 
 
Date:  May 17, 2018
By:
/s/John H. Gray
 
 
 
John H. Gray
 
 
 
Chief Financial Officer