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): May 13, 2014

 

 

FIRST WEST VIRGINIA BANCORP, INC.

(Exact name of registrant as specified in its charter)

 

 

 

West Virginia   1-13652   55-6051901

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

1701 Warwood Avenue , Wheeling, West Virginia   26003
(Address of principal executive offices)   (Zip code)

Registrant’s telephone number, including area code: (304) 218-2400

Former name or former address, if changed since last report: Not Applicable

 

 

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:

 

¨ 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 Annual Meeting of Shareholders of First West Virginia Bancorp, Inc. (the “Company” or “our”) was held on May 13, 2014 for the purpose of considering and voting on the following:

1. To fix the number of directors of the Company to be elected at the 2014 Annual Meeting of Shareholders at eleven (11).

2. If the shareholders approve Item 1, to elect eleven (11) directors to the Company’s Board of Directors to serve until the 2015 Annual Meeting of Shareholders.

3. If the shareholders do not approve Item 1, to elect six (6) directors to the Company’s Board of Directors to serve until the 2015 Annual Meeting of Shareholders.

4. To adopt a non-binding resolution to approve the compensation of the Company’s named executive officers.

5. To ratify the selection of BKD, LLP as the Company’s independent registered public accounting firm for the year ended December 31, 2014.

6. To transact such other business as may lawfully be brought before the meeting.

The total number of shares of the Company’s common stock entitled to vote at the Annual Meeting was 1,718,730 shares of which 1,509,704 shares representing 87.8% were present at the meeting either in person or by proxy. The following is a summary of the final voting results for each proposal presented to our shareholders:

Proposal 1: Our shareholders approved the proposal to fix the number of directors of the Company to be elected at the 2014 Annual Meeting of Shareholders at eleven (11).

 

     Number of Votes
For
     Number of Votes
Against
     Abstentions      Broker Non-
Votes
 

Total Shares Voted

     1,459,776         46,020         3,908         —     

Proposal 2: With the approval of Proposal 1, our shareholders approved the election of all eleven (11) nominees for director to serve until the 2015 Annual Meeting of Shareholders as set forth below:

 

     Number of Votes
For
     Number of Votes
Withheld
     Abstentions      Broker Non-
Votes
 

Jonathan Bedway

     1,146,842         25,117         —           337,745   

Nada E. Beneke

     1,154,709         17,250         —           337,745   

Clyde Campbell

     1,145,498         26,461         —           337,745   

Rosalie J. Dlesk

     1,146,546         25,413         —           337,745   

Robert J. Fitzsimmons

     1,147,225         24,734         —           337,745   

Joseph Menendez

     1,141,369         30,590         —           337,745   

R. Clark Morton

     1,149,137         22,822         —           337,745   

Roberta Robinson Olejasz

     1,155,533         16,426         —           337,745   

William G. Petroplus

     1,156,724         15,235         —           337,745   

Thomas L. Sable

     1,156,789         15,170         —           337,745   

Brian L. Schambach

     1,146,777         25,182         —           337,745   

 

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Proposal 3: Because our shareholders approved Item 1, Proposal 3 was not submitted to the shareholders for consideration and voting.

Proposal 4: Our shareholders approved the adoption of a non-binding resolution to approve the compensation of the Company’s named executive officers as set forth below:

 

     Number of Votes
For
     Number of Votes
Against
     Abstentions      Broker Non-
Votes
 

Total Shares Voted

     1,150,897         17,039         4,023         337,745   

Proposal 5: Our shareholders approved the ratification of BKD, LLP as the Company’s independent registered public accounting firm for the year ended December 31, 2014 as set forth below:

 

     Number of Votes
For
     Number of Votes
Against
     Abstentions      Broker Non-
Votes
 

Total Shares Voted

     1,501,474         2,864         5,366         —     

 

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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 duly authorized.

 

FIRST WEST VIRGINIA BANCORP, INC.
(Registrant)

/s/ Francie P. Reppy

Francie P. Reppy

Executive Vice President, Chief Administrative Officer and

Chief Financial Officer

Date: May 15, 2014

 

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