OMB APPROVAL

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

OMB Number: 3235-0060

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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):    August 24, 2011


Presidential Life Corporation


(Exact name of registrant as specified in its charter)


               Delaware                                            000-05486                                                13-2652144


(State or other jurisdiction

(Commission

(IRS Employer

of incorporation)

File Number)

Identification No.)


69 Lydecker Street

Nyack, New York 10960


(Address of principal executive offices)

(Zip Code)

                                                                                           

(845) 358-2300

Registrant’s telephone number, including area code


(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):


[ ] 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


On August 24, 2011, the Company held its 2011 Annual Meeting of Stockholders (the “2011Annual Meeting”).  A total of 27,163,321 shares of common stock were present or represented by proxy at the 2011Annual Meeting, representing 92% of the issued and outstanding shares entitled to vote at the meeting.  


On August 24, 2011, the independent inspector of elections for the 2011Annual Meeting delivered its final results, which reported that the ten nominees listed below were elected to the Company’s Board of Directors.    These results are final.     


Proposal 1 — Election of Directors.  The final results are as follows:


Board of Directors Nominees

For

Withheld


Donald L. Barnes

16,004,666

8,911,834

William A. DeMilt

14,185,996

     10,730,504

Dominic D’Adamo

15,983,451

 8,933,049

John D. McMahon

15,814,480

 9,102,020

Lawrence Read

14,170,125

10,746,375

Lawrence Rivkin

13,641,179

11,275,321

Stanley Rubin

13,845,057

11,071,443

William M. Trust Jr.

15,814,406

  9,102,094

Frank Shepard

    15,841,951

        9,074,549

Ross Levin

 15,974,487

   8,942,013

         

Proposal 2 – Ratification of the approval, on a advisory basis, of the compensation of the named executive officers.  The final results are as follows:


For

Against

Abstain

15,895,747

8,956,025

64,727


Proposal 3 – Ratification on the vote on the recommendation, on an advisory basis, of the frequency of future advisory votes on executive compensation.  The final results are as follows:



Every 1 year

Every 2 years

Every 3 years

Abstain

13,849,859

68,697

2,324,212

8,673,731



Proposal 4 - Ratification of the appointment of BDO Seidman LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2011. The final results were as follows:


For

Against

Abstain

18,266,439

8,765,929

130,953

 


For more information on the 2011 Annual Meeting and the foregoing proposals, see the Company’s proxy statement dated July 20, 2011.





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.

 

 

 

 

PRESIDENTIAL LIFE CORPORATION

 

 

 

 

 

 

Date:  August 25, 2011

 

By:

/s/ Donald L. Barnes

 

 

 

 

Name:

Donald L. Barnes

 

 

 

Title:

Chief Executive Officer