8-K 1 fusb20190506_8k.htm FORM 8-K fusb20190506_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): May 2, 2019

 

 

  First US 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.)

 

3291 U.S. Highway 280 

Birmingham, Alabama 35243

(Address of Principal Executive Offices, including Zip Code)

 

Registrant’s telephone number, including area code: (205) 582-1200

 

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))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §230.405).                                                                                                               Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standard provided pursuant to Section 13(a) of the Exchange Act.                                                                                                               ☐

 

Securities registered pursuant to Section 12(b) of the Act:

Title of each

class

 

Trading

Symbol(s)

 

Name of each exchange on which

registered

Common Stock, $0.01

par value

 

FUSB

 

Nasdaq

 

 

 

 

Item 5.07.

Submission of Matters to a Vote of Security Holders.

 

The Annual Meeting of Shareholders (the “Annual Meeting”) of First US Bancshares, Inc. (the “Company”) was held on May 2, 2019. 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.

3,452,442

107,855

1,199,690

Robert Stephen Briggs

3,371,545

188,752

1,199,690

Sheri S. Cook

3,396,185

164,112

1,199,690

John C. Gordon

3,389,033

171,264

1,199,690

David P. Hale

3,391,813

168,484

1,199,690

William G. Harrison

3,369,370

190,927

1,199,690

James F. House

3,375,879

184,418

1,199,690

J. Lee McPhearson

3,439,095

121,202

1,199,690

Jack W. Meigs

3,386,872

173,425

1,199,690

Aubrey S. Miller

3,394,510

165,787

1,199,690

Donna D. Smith

3,394,895

165,402

1,199,690

Howard M. Whitted

3,439,121

121,176

1,199,690

Bruce N. Wilson

3,440,971

119,326

1,199,690

 

Proposal 2 – Approval of the Amendment to the First US Bancshares, Inc. 2013 Incentive Plan. The shareholders approved the amendment to the First US Bancshares, Inc. 2013 Incentive Plan. The result of the vote taken at the Annual Meeting was as follows:

 

Votes For

Votes Against

Abstain

Broker Non-Votes

3,074,465

293,717

192,115

1,199,690

 

 

Proposal 3 – Ratification of the Appointment of Carr, Riggs & Ingram, LLC as the Company’s Independent Registered Public Accountants for the Year Ending December 31, 2019. The shareholders ratified the appointment of Carr, Riggs & Ingram, LLC as the Company’s independent registered public accountants for the year ending December 31, 2019. The result of the vote taken at the Annual Meeting was as follows:

 

Votes For

Votes Against

Abstain

4,620,922

42,721

96,344

 

 

Proposal 4 – 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 2019 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

2,743,638

715,500

101,159

1,199,690

 

 

 

 

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: May 6, 2019

FIRST US BANCSHARES, Inc.

 

 

 

 

 

 

 

 

 

 

By:

/s/ Beverly J. Dozier

 

 

Name:

Beverly J. Dozier

 

 

 

Vice President, Secretary and Assistant Treasurer