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): April 25, 2013
SURREY BANCORP
(Exact name of registrant as specified in its charter)
| North Carolina | 0000-50313 | 59-3772016 | ||
| (State or other jurisdiction of incorporation) |
(Commission File No.) |
(I.R.S. Employer Identification No.) |
| 145 North Renfro Street, Mount Airy, NC | 27030 | |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code (336) 783-3900
Not Applicable
(Former name of former address, if changed since last report
Check the appropriate box 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 Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.07 Submission of Matters to a Vote of Security Holders.
On April 25, 2013, Surrey Bancorp (the “Registrant”) held its Annual Meeting of Shareholders (the “Annual Meeting”). There were three proposals submitted to shareholders at the Annual Meeting. In the case of Proposal 1, all of management’s director nominees were approved and elected to serve on the Registrant’s Board of Directors. Proposal 2, the non-binding Advisory Resolution on Executive Compensation passed and Proposal 3 adopted an advisory vote on executive compensation every three years. The proposals below are described in greater detail in the Registrant’s definitive proxy statement for the Annual Meeting filed on April 2, 2013, with the Securities and Exchange Commission.
The voting results were as follows:
Proposal 1: Proposal to elect seven directors to serve a one year term until the Annual Meeting of Shareholders in 2014 or until their successors have been elected and qualified.
| VOTES FOR |
WITHHELD | BROKER NON-VOTES |
||||||||||
| Edward C. Ashby, III |
1,943,171 | 6,684 | -0- | |||||||||
| Elizabeth J. Lovill |
1,925,956 | 23,899 | -0- | |||||||||
| Robert H. Moody |
1,948,187 | 1,668 | -0- | |||||||||
| F. Eugene Rees |
1,931,353 | 18,502 | -0- | |||||||||
| Tamra W. Thomas |
1,946,749 | 3,106 | -0- | |||||||||
| Tom G. Webb |
1,945,679 | 4,176 | -0- | |||||||||
| Buddy E. Williams |
1,948,187 | 1,668 | -0- | |||||||||
Proposal 2: Non-binding Advisory Resolution on Executive Compensation
| VOTES FOR |
VOTES AGAINST |
ABSTAINED | BROKER NON-VOTES |
|||||||||||||
| Total |
1,880,998 | 47,879 | 20,978 | -0- | ||||||||||||
Proposal 3: Frequency on an advisory vote on executive compensation.
| 1 Year | 2 Years | 3 Years | Abstain | BROKER NON-VOTES |
||||||||||||||||
| Total |
84,846 | 27,319 | 1,802,264 | -0- | -0- | |||||||||||||||
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.
| SURREY BANCORP | ||||||
| Date: April 30, 2013 | By: | /s/ Mark H. Towe | ||||
| Mark H. Towe, Chief Financial Officer | ||||||