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

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
BCAR > SEC Filings for BCAR > Form 8-K on 28-May-2014All Recent SEC Filings

Show all filings for BANK OF THE CAROLINAS CORP

Form 8-K for BANK OF THE CAROLINAS CORP


28-May-2014

Submission of Matters to a Vote of Security Holders


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

Bank of the Carolinas Corporation (the "Company") held a special meeting of shareholders on May 22, 2014. As set forth below, at the meeting the shareholders (1) approved an amendment to article 2 of the Company's articles of incorporation to increase the number of shares of common stock which the Company has the authority to issue from 15,000,000 to 580,000,000; (2) approved an amendment to article 2 of the Company's articles of incorporation to reduce the par value of the Company's common stock from $5.00 per share to no par value per share; (3) approved an amendment to article 2 of the Company's articles of incorporation to create a class of non-voting common stock; and (4) approved a proposal to adjourn the special meeting of shareholders to a later date or dates, if necessary, to permit further solicitation of proxies in the event there were not sufficient votes at the time of the special meeting to approve the matters to be considered by shareholders at the special meeting. The Company did not propose the adjournment of the special meeting as there were sufficient votes to approve all proposals.

Increase Authorized Shares of Common Stock

For Against Abstain Broker Non-Votes

2,265,983 719,241 16,662 0

Reduce Par Value of Common Stock

For Against Abstain Broker Non-Votes

1,276,280 412,414 21,072 1,292,120

Creation of Non-Voting Common Stock

For Against Abstain Broker Non-Votes

1,272,108 417,709 19,949 1,292,120

Adjournment of Special Meeting

For Against Abstain Broker Non-Votes

2,306,959 681,885 13,042 0


  Add BCAR to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for BCAR - All Recent SEC Filings
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.