0001188112-12-001512.txt : 20120510 0001188112-12-001512.hdr.sgml : 20120510 20120510143006 ACCESSION NUMBER: 0001188112-12-001512 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120509 ITEM INFORMATION: Submission of Matters to a Vote of Security Holders FILED AS OF DATE: 20120510 DATE AS OF CHANGE: 20120510 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OTELCO INC. CENTRAL INDEX KEY: 0001288359 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 522128395 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32362 FILM NUMBER: 12829586 BUSINESS ADDRESS: STREET 1: 505 THIRD AVE E CITY: ONEONTA STATE: AL ZIP: 35121 BUSINESS PHONE: 205-625-3574 MAIL ADDRESS: STREET 1: 505 THIRD AVE E CITY: ONEONTA STATE: AL ZIP: 35121 FORMER COMPANY: FORMER CONFORMED NAME: RURAL LEC ACQUISITION LLC DATE OF NAME CHANGE: 20040423 8-K 1 t73526_8k.htm FORM 8-K t73526_8k.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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 9, 2012
 
Otelco Inc.
(Exact Name of Registrant as Specified in Charter)
 
Delaware
  
1-32362
  
52-2126395
(State or Other Jurisdiction of
Incorporation)
  
(Commission File Number)
  
(IRS Employer Identification
No.)
 
 
505 Third Avenue East, Oneonta, AL 35121
(Address of Principal Executive Offices) (Zip Code)
 
Registrant’s telephone number, including area code: (205) 625-3574
 
        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 (see General Instruction A.2. below):
   
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.


Otelco Inc. (“Otelco” or the “Company”) held its 2012 Annual Meeting of Stockholders (the “Annual Meeting”) on May 9, 2012. As set forth below, at the Annual Meeting, the Company’s stockholders voted on three proposals.

Proposal 1 – Election of Directors

At the Annual Meeting, the Company’s stockholders elected Robert E. Guth and Andrew Meyers as directors of the Company for a term to expire at the Company’s 2015 Annual Meeting of Stockholders. The results of the voting were as follows:
                   
   
For
  
Withheld
    
Broker
Non-Vote
    
Robert E. Guth
  
4,524,758
  
209,645
    
7,142,459
    
Andrew Meyers
  
4,526,744
  
207,659
    
7,142,459
    
 
The following directors of the Company have terms in office that continue after the Annual Meeting: William Bak; Howard J. Haug; Stephen P. McCall; William F. Reddersen; and Michael D. Weaver.

Proposal 2 – Ratification of Appointment of Independent Registered Public Accounting Firm

At the Annual Meeting, the Company’s stockholders ratified the appointment of BDO USA, LLP as the Company’s Independent Registered Public Accounting Firm for the fiscal year ending December 31, 2012. The results of the voting were as follows:
               
For
  
Against
  
Abstain
  
Broker
Non-
Vote
  
11,693,548
  
121,760
  
61,554
  
0
  

Proposal 3 – Approval, on an Advisory Basis, of the Compensation of Otelco’s Named Executives

At the Annual Meeting, the Company’s stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers. The results of the voting were as follows:
 
               
For
  
Against
  
Abstain
  
Broker
Non-
Vote
  
4,130,860
  
430,099
  
173,444
  
7,142,459
  

 
 
 
 
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.
 
 
OTELCO INC.
  
 
(Registrant)
  
Date: May 10, 2012
    
 
 
By:
 
/s/ Curtis L. Garner, Jr.
  
   
Name: Curtis L. Garner, Jr.
  
   
Title: Chief Financial Officer