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 12, 2011 |
MainStreet BankShares, Inc.
(Exact name of registrant as specified in its charter)
| Virginia | 333-86993 | 54-1956616 |
| (State or other | (Commission | (I.R.S. EmployerJurisdiction |
| of incorporation) | File Number) | Identification No.) |
| | | |
| | | |
| 1075 Spruce Street, Martinsville, Virginia | 24112 |
| (Address of principal executive offices) | (Zip Code) |
| Registrant’s telephone number, including area code | (276) 632-8054 |
(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 (see General Instruction A.2.):
o Written communications pursuant to Rule 425 under the Securities Act (17CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2b)
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR 240.13e-4c)
Item 8.01 Other Events
MainStreet BankShares, Inc., (“MainStreet”) held its 2011 Annual Meeting of Shareholders on May 12, 2011 at Ferrum College, Franklin Hall, 445 Ferrum Mountain Road, Ferrum, Virginia, 24088. The shareholders elected two Class A directors to serve until the 2014 Annual Meeting of Shareholders, or in the case of each director, until his or her successor is duly elected and qualifies. The directors elected were Larry A. Heaton and Michael A. Turner. Also, continuing as Class B directors are Joseph F. Clark, C. Laine Dalton, and Joel R. Shepherd (Chairman), whose terms expire in 2012. Continuing Class C directors are William L. Cooper, III, J. Mac Deekens, and Danny M. Perdue, whose terms expire in 2013.
Total shares represented in person or by proxy at the Annual Shareholders’ Meeting were 1,219,937 out of a total of 1,713,375 outstanding shares or 71.2% excluding broker non-votes.
The director election results for the two Class A directors whose terms expire in 2014 were as follows:
| | For | Withheld | |
| Larry A. Heaton | 1,050,781 | 24,964 | |
| Michael A. Turner | 1,058,596 | 17,149 | |
The appointment of Yount, Hyde, & Barbour, P.C. as MainStreet’s independent registered public accounting firm for the year ending December 31, 2011 was also ratified at the Annual Shareholders’ Meeting. Shares voted for the ratification were 1,211,817 and shares withheld were 8,120.
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.
| | | |
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| Date: May 13, 2011 | | /s/ Larry A. Heaton | |
| | | Larry A. Heaton | |
| | | President and CEO | |
| | | | |
| | | | |
| Date: May 13, 2011 | | /s/ Brenda H. Smith | |
| | | Brenda H. Smith | |
| | | Executive Vice President/CFO/Corporate Secretary | |
