UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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 10, 2011
CNB CORPORATION
Incorporated under the laws of
South Carolina | Commission File No. 000-24523 | I.R.S. Employer
Identification No.
57-0792402 |
1400 Third Avenue, P.O. Box 320
Conway, South Carolina 29528
Telephone: 843-248-5271
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 Company held its Annual Meeting of Shareholders on May 10, 2011. At that meeting, four matters were voted upon as follows:
1. Election of one director to serve a three year term:
Name
|
FOR
|
WITHHOLD
| BROKER
NON-VOTES |
| | | |
William O. Marsh | 1,065,084 | 7,140 | 28,436 |
The following directors' terms of office continued after the Annual Meeting:
William R. Benson (2012), Edward T. Kelaher (2012), George F. Sasser (2012), Lynn Gatlin Stevens (2012), James W.
Barnette, Jr.(2013), Harold G. Cushman, III (2013), and W. Jennings Duncan (2013).
2. Ratification of the appointment of Elliott Davis, LLC as the Company's auditors for the year ended December 31, 2011:
FOR
|
AGAINST
|
ABSTENTIONS
| BROKER
NON-VOTES |
1,089,191 | 1,668 | 9,020 | 781 |
3. Non-binding advisory proposal to approve the Company's executive compensation program for the executive officers named in
the proxy statement:
FOR
|
AGAINST
|
ABSTENTIONS
| BROKER
NON-VOTES |
1,028,286 | 12,214 | 31,724 | 28,436 |
4. Non-binding advisory proposal on the frequency of votes on the Company's executive compensation:
THREE YEARS |
TWO YEARS |
ONE YEAR |
ABSTENTIONS | BROKER
NON-VOTES |
896,840 | 29,833 | 74,673 | 70,878 | 28,436 |
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.
| CNB Corporation |
| (Registrant) |
| |
Date: May 13, 2011 | By: /s/L. Ford Sanders, II |
| L. Ford Sanders, II |
| Executive Vice President, Chief Financial |
| Officer and Treasurer |
