0000754673-13-000042.txt : 20130522 0000754673-13-000042.hdr.sgml : 20130522 20130522133201 ACCESSION NUMBER: 0000754673-13-000042 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20130521 ITEM INFORMATION: Submission of Matters to a Vote of Security Holders FILED AS OF DATE: 20130522 DATE AS OF CHANGE: 20130522 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SUFFOLK BANCORP CENTRAL INDEX KEY: 0000754673 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 112708279 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-13580 FILM NUMBER: 13864366 BUSINESS ADDRESS: STREET 1: 4 WEST SECOND ST CITY: RIVERHEAD STATE: NY ZIP: 11901 BUSINESS PHONE: 631-208-2400 MAIL ADDRESS: STREET 1: 4 WEST SECOND STREET CITY: RIVERHEAD STATE: NY ZIP: 11901 8-K 1 form8k_may2013.htm form8k_may2013.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 21, 2013



SUFFOLK BANCORP
(Exact name of registrant as specified in its charter)



 New York                                                000-13580                                              11-2708279
(State or other jurisdiction of                   (Commission File Number)           (IRS Employer Identification No.)
                                                                                                       incorporation)

4 West Second Street, Riverhead, New York                                                11901
       (Address of principal executive offices)                                                   (Zip Code)

Registrant’s telephone number, including area code: (631) 208-2400


 
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
 
 
Results of 2013 Annual Meeting of Shareholders
 
On May 21, 2013, Suffolk Bancorp (the “Company”) held its Annual Meeting of Shareholders (the “Meeting”). As of the record date there were a total of 11,566,347 shares of common stock outstanding and entitled to vote at the Meeting. At the Meeting 10,090,080 shares of common stock were represented in person or by proxy, therefore a quorum was present. Three proposals were presented and voted on. Set forth below are the final results for all proposals.
 
 
First Proposal – Election of Directors

The following three directors were nominated to serve for three-year terms expiring at the annual meeting of shareholders to be held in 2016, or until their successors shall have been duly elected and qualified. The three directors having received the requisite vote of a plurality of the shares represented in person or by proxy and entitled to vote, as indicated below, were elected to serve as directors of the Company.
 
 
Nominee  For  Withheld  Abstained  Broker non-vote
Edgar F. Goodale   7,456,592  600,746  0  2,032,742
David A. Kandell   7,392,907  664,431  0 2,032,742
Ramesh N. Shah   7,470,084  587,254  0  2,032,742
 
 
Second Proposal – Advisory, Non-Binding Resolution to Approve 2012 Executive Compensation
 
The advisory, non-binding resolution to approve the compensation paid to the Company's named executive officers for 2012 was approved by the requisite vote of a majority of the shares represented in person or by proxy and entitled to vote, as indicated below.
 
For: 7,197,522
Against: 515,860
Abstained: 343,956
Broker non-vote: 2,032,742
 
 
Third Proposal – Ratification of the Appointment of BDO USA, LLP as the Independent Registered Public Accounting Firm of the Company for the Fiscal Year Ending December 31, 2013
 
The ratification of the appointment of BDO USA, LLP as the independent registered public accounting firm for the Company for the fiscal year ending December 31, 2013 was approved by the requisite vote of a majority of the shares represented in person or by proxy and entitled to vote, as indicated below.
 
For: 9,972,326
Against: 63,784
Abstained: 53,970
Broker non-vote: 0
 
 
 
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 hereunto duly authorized.



                                                                                              SUFFOLK BANCORP


Date:  May 22, 2013                                                                                                                                                                          By: /s/ Patricia M. Schaubeck
                                                                                            Patricia M. Schaubeck
                                                                                            Senior Vice President & General Counsel