0001437749-16-030229.txt : 20160428 0001437749-16-030229.hdr.sgml : 20160428 20160428160917 ACCESSION NUMBER: 0001437749-16-030229 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160427 ITEM INFORMATION: Submission of Matters to a Vote of Security Holders FILED AS OF DATE: 20160428 DATE AS OF CHANGE: 20160428 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UNITED SECURITY BANCSHARES INC CENTRAL INDEX KEY: 0000717806 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 630843362 STATE OF INCORPORATION: DE FISCAL YEAR END: 0223 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-14549 FILM NUMBER: 161600124 BUSINESS ADDRESS: STREET 1: P O BOX 249 STREET 2: 131 WEST FRONT STREET CITY: THOMASVILLE STATE: AL ZIP: 36784 BUSINESS PHONE: 3346365424 MAIL ADDRESS: STREET 1: P O BOX 249 STREET 2: 131 WEST FRONT STREET CITY: THOMASVILLE STATE: AL ZIP: 36784 8-K 1 usbi20160428_8k.htm FORM 8-K usbi20160428_8k.htm

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): April 27, 2016

 

 

               United Security Bancshares, Inc.               
(Exact Name of Registrant as Specified in Charter)

 

 

 

 

 

 

Delaware

  

0-14549

  

63-0843362

(State or Other Jurisdiction

of Incorporation)

  

(Commission File Number)

  

(IRS Employer

Identification No.)

 

131 West Front Street

Post Office Box 249

Thomasville, Alabama 36784

(Address of Principal Executive Offices, including Zip Code)

 

Registrant’s telephone number, including area code: (334) 636-5424

 

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))

 

 

 
 
 

 

Item 5.07.

Submission of Matters to a Vote of Security Holders.

 

The Annual Meeting of Shareholders (the “Annual Meeting”) of United Security Bancshares, Inc. (the “Company”) was held on April 27, 2016. Summarized below are descriptions of the matters voted on at the Annual Meeting and the final results of such voting:

 

Proposal 1 – Election of Directors. The shareholders elected each of the director nominees to serve as directors during the ensuing year. The voting for the directors at the Annual Meeting was as follows:

 

Name

Votes For

Withhold Authority

Broker Non-Votes

Andrew C. Bearden, Jr.

3,230,568

130,386

1,208,619

Linda H. Breedlove

3,201,921

159,033

1,208,619

Robert Stephen Briggs

3,165,459

195,495

1,208,619

Sheri S. Cook

3,161,572

199,382

1,208,619

Gerald P. Corgill

3,262,967

97,987

1,208,619

John C. Gordon

3,264,376

96,578

1,208,619

William G. Harrison

3,179,203

181,751

1,208,619

James F. House

3,186,889

174,065

1,208,619

J. Lee McPhearson

3,212,298

148,656

1,208,619

Jack W. Meigs

3,160,710

200,244

1,208,619

Aubrey S. Miller

3,157,756

203,198

1,208,619

Donna D. Smith

3,161,032

199,922

1,208,619

A. J. Strickland, III

3,218,835

142,119

1,208,619

Howard M. Whitted

3,205,878

155,076

1,208,619

Bruce N. Wilson

3,202,438

158,516

1,208,619

 

Proposal 2 – Ratification of the Appointment of Carr, Riggs & Ingram, LLC as the Company’s Independent Registered Public Accountants for the Year Ending December 31, 2016. The shareholders ratified the appointment of Carr, Riggs & Ingram, LLC as the Company’s independent registered public accountants for the year ending December 31, 2016. The result of the vote taken at the Annual Meeting was as follows:

 

Votes For

Votes Against

Abstain

4,414,026

126,924

28,623

 

Proposal 3 – Advisory Approval of Executive Compensation. The shareholders adopted a resolution approving, on an advisory basis, the compensation paid to the Company’s named executive officers, as disclosed in the Company’s 2016 proxy statement pursuant to the compensation disclosure rules of the Securities and Exchange Commission. The result of the vote taken at the Annual Meeting was as follows:

 

Votes For

Votes Against

Abstain

Broker Non-Votes

2,792,484

402,117

166,353

1,208,619

  

 
 
 

 

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.

 

Dated:    April 28, 2016

UNITED SECURITY BANCSHARES, INC.

 

 

 

 

 

 

 

 

 

 

By:

/s/ Beverly J. Dozier

 

 

Name:

Beverly J. Dozier

 

 

 

Vice President, Secretary and Assistant Treasurer