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 18, 2011

 

First Community Corporation

(Exact Name of Registrant As Specified in Its Charter)

 

South Carolina

(State or Other Jurisdiction of Incorporation)

 

000-28344

 

57-1010751

(Commission File Number)

 

(I.R.S. Employer Identification No.)

 

5455 Sunset Boulevard, Lexington, South Carolina

 

29072

(Address of Principal Executive Offices)

 

(Zip Code)

 

(803) 951-2265

(Registrant’s Telephone Number, Including Area Code)

 

Not Applicable

(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):

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b))

 

o            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.

 

On May 18, 2011, of the 3,273,533 shares outstanding and entitled to vote at our 2011 annual meeting of shareholders, 2,378,917 were present in person or by proxy, and the following matters were voted upon and approved by our shareholders at the annual meeting:

 

Proposal No. 1 - Election of Directors: The election of five Class II Directors listed below, to serve a three-year term expiring at the 2014 Annual Meeting:

 

Director’s Name

 

Votes For

 

Votes Withheld

 

Broker Non-Votes

 

Thomas C. Brown

 

1,456,016

 

53,626

 

869,275

 

O.A. Ethridge, D.M.D.

 

1,484,478

 

25,164

 

869,275

 

W. James Kitchens, Jr.

 

1,485,674

 

23,968

 

869,275

 

Roderick M. Todd, Jr.

 

1,480,693

 

28,949

 

869,275

 

Mitchell M. Willoughby

 

1,482,400

 

27,242

 

869,275

 

 

Proposal No. 2 - Executive Compensation: The approval, in a non-binding resolution, to approve the compensation of our named executive officers (“Say-on-Pay”):

 

Votes For

 

Votes Against

 

Votes Abstained

 

Broker Non-Votes

 

1,361,209

 

76,631

 

71,802

 

869,275

 

 

Proposal No. 3 - Ratification of the Auditors: The ratification of the appointment of Elliott Davis LLC as our independent registered public accounting firm for fiscal year 2011:

 

Votes For

 

Votes Against

 

Votes Abstained

 

2,363,451

 

8,995

 

6,471

 

 

Proposal No. 4 — 2011 Stock Incentive Plan: The approval of the 2011 Stock Incentive Plan:

 

Votes For

 

Votes Against

 

Votes Abstained

 

Broker Non-Votes

 

1,348,121

 

144,633

 

16,888

 

869,275

 

 

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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.

 

 

FIRST COMMUNITY CORPORATION

 

 

 

 

 

 

Dated: May 23, 2011

By:

/s/ Joseph G. Sawyer

 

Name:

Joseph G. Sawyer

 

Title:

Chief Financial Officer

 

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