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 13, 2010
Greer Bancshares Incorporated
(Exact name of registrant as specified in its charter)
South Carolina
(State or other jurisdiction of incorporation)
| | |
| 000-33021 | | 57-1126200 |
| (Commission File Number) | | (IRS Employer Identification No.) |
| | |
| 1111 W. Poinsett Street, Greer, South Carolina | | 29650 |
| (Address of principal executive offices) | | (Zip Code) |
(864) 877-2000
(Registrant’s telephone number, including area code)
(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. below):
| ¨ | 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. |
Greer Bancshares Incorporated (the “Company”) held its Annual Meeting of Shareholders on May 13, 2010. The common shareholders voted for the approval of the compensation of the Company’s executives as described in the Summary Compensation Table and the other executive compensation tables and related discussion in the Company’s Proxy Statement. The common shareholders also voted for the election of four (4) directors to serve for terms of three (3) years each, expiring on the date of the 2013 Annual Meeting of Shareholders or until their successors have been duly elected and qualified. The results of the voting in these elections are set forth below.
Advisory Vote on Executive Compensation
| | | | | | | | |
| | | Votes For | | Votes Against | | Votes
Abstained | | Broker
Non-Votes |
Advisory Vote on Executive Compensation | | 1,430,248 | | 78,672 | | 151,867 | | — |
Nominees for Three Year Terms Expiring in 2013
| | | | | | |
Nominee | | Votes For | | Votes Withheld | | Broker
Non-Votes |
Walter M. Burch | | 1,151,882 | | 43,298 | | 465,607 |
Paul D. Lister | | 1,144,220 | | 50,960 | | 465,607 |
C. Don Wall | | 1,147,104 | | 48,076 | | 465,607 |
Theron C. Smith, III | | 1,000,026 | | 195,154 | | 465,607 |
The terms of office of the following directors continued after the meeting:
| | |
Class of 2011 | | Class of 2012 |
| Gary M. Griffin | | Mark S. Ashmore |
| |
| Kenneth M. Harper | | Harold K. James |
| |
| R. Dennis Hennett | | Steven M. Bateman |
| |
| David M. Rogers | | Raj K. S. Dhillon |
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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.
| | |
| GREER BANCSHARES INCORPORATED |
| |
| By: | | /s/ Kenneth M. Harper |
| Name: | | Kenneth M. Harper |
| Title: | | President and Chief Executive Officer |
Dated: May 18, 2010
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