Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
USBI > SEC Filings for USBI > Form 8-K on 20-May-2013All Recent SEC Filings

Show all filings for UNITED SECURITY BANCSHARES INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for UNITED SECURITY BANCSHARES INC


20-May-2013

Submission of Matters to a Vote of Security Holders, Other Events,


Item 5.07. Submission of Matters to a Vote of Security Holders.

The Annual Meeting of Shareholders (the "Annual Meeting") of United Security Bancshares, Inc. (the "Company") was held on May 16, 2013. 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. 3,446,451      259,463          1,051,345

Linda H. Breedlove     3,341,432      364,482          1,051,345

Gerald P. Corgill      3,512,444      193,470          1,051,345

John C. Gordon         3,345,494      360,420          1,051,345

William G. Harrison    3,309,852      396,062          1,051,345

James F. House         3,580,626      125,288          1,051,345

J. Lee McPhearson      3,399,080      306,834          1,051,345

Jack W. Meigs          3,394,090      311,824          1,051,345

A. J. Strickland, III  3,450,280      255,634          1,051,345

Howard M. Whitted      3,351,131      354,783          1,051,345

Bruce N. Wilson        3,350,631      355,283          1,051,345

Proposal 2 - Approval of the United Security Bancshares, Inc. 2013 Incentive Plan. The shareholders approved the United Security 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

3,101,652 392,697 211,565 1,051,345

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, 2013. The shareholders ratified the appointment of Carr, Riggs & Ingram, LLC as the Company's independent registered public accountants for the year ending December 31, 2013. The result of the vote taken at the Annual Meeting was as follows:

Votes For Votes Against Abstain

4,541,148 58,970 157,141


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 2013 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

3,038,675 439,922 227,317 1,051,345



Item 8.01 Other Events.

On May 17, 2013, the Company issued a press release announcing the election of Andrew C. Bearden, Jr. and John C. Gordon as Chairperson and Vice-Chairperson, respectively, of the Board of Directors of the Company and the Company's banking subsidiary, First United Security Bank. A copy of the press release is attached hereto as Exhibit 99.1.



Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No. Exhibit

99.1 Press Release dated May 17, 2013.


  Add USBI to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for USBI - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.