UNITED STATES

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) March 12, 2014

 

_________________________

 

BASSETT FURNITURE INDUSTRIES, INCORPORATED

(Exact name of registrant as specified in its charter)

 

_________________________

 

         

VIRGINIA

 

0-209

 

54-0135270

(State or other jurisdiction of

incorporation or organization)

 

(Commission File No.)

 

(I.R.S. Employer

Identification No.)

 

3525 FAIRYSTONE PARK HIGHWAY

BASSETT, VIRGINIA

 

24055

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code 276/629-6000

  

(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

  

The Company’s 2014 annual meeting of shareholders was held on March 12, 2014. As of the record date for the meeting, the Company had 10,867,799 of common stock outstanding, each of which is entitled to one vote. According to the final voting results, all director nominees were elected.

 

The voting tabulation was as follows:

 

Nominee

 

Votes For

 

Votes Withheld

 

Votes Abstain

 

Broker Non-Vote

Peter W. Brown, M.D.

 

7,841,120

 

199,069

 

-

 

1,776,485

Kristina Cashman

 

7,834,506

 

205,687

  

-

 

1,776,481

Paul Fulton

 

7,818,441

 

221,748

 

-

 

1,776,485

Howard H. Haworth

 

7,823,459

 

216,730

 

-

 

1,776,485

George W. Henderson, III

 

7,832,424

 

207,765

 

-

 

1,776,485

J. Walter McDowell

 

7,845,772

 

194,417

 

-

 

1,776,485

Dale C. Pond

 

7,843,050

 

197,139

 

-

 

1,776,485

Robert H. Spilman, Jr.

 

7,844,504

 

195,685

 

-

 

1,776,485

William C. Wampler, Jr.

 

7,651,858

 

388,331

 

-

 

1,776,485

William C. Warden, Jr.

 

7,831,713

 

208,476

 

-

 

1,776,485

 

At the annual meeting, the shareholders also voted on two proposals:

 

 

1.

Ratification of Ernst & Young LLP as the Company’s Independent Registered Public Accounting Firm.

 

The final tabulation was as follows:

 

Proposal

 

Votes For

 

Votes Against

 

Votes Abstain

 

Broker Non-Vote

                 

Ratification of Ernst & Young LLP

 

9,631,361

 

162,311

 

23,002

 

-

 

 

2.

To consider and act on an advisory vote regarding the approval of the compensation paid to certain executive officers.

 

The final tabulation was as follows:

 

Proposal

 

Votes For

 

Votes Against

 

Votes Abstain

 

Broker Non-Vote

                 

Approval of officer compensation

 

7,463,719

 

154,234

 

422,234

 

1,776,487

 

 
 

 

 

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.

 

 

BASSETT FURNITURE INDUSTRIES, INCORPORATED

 

 

 

 

 

Date: March 18, 2014

By:

/s/ J. Michael Daniel

 

 

J. Michael Daniel

 

 

Title:   Senior President - Chief Financial Officer