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
May 16, 2018
Date of Report (Date of earliest event reported)
UNITED SECURITY BANCSHARES
(Exact Name of Registrant as Specified in its Charter)
California
(State or Other Jurisdiction of Incorporation)
000-32987 | 91-2112732 | |
(Commission File Number) | (I.R.S. Employer Identification No.) | |
2126 Inyo Street, Fresno, California | 93721 | |
(Address of principal executive offices) | (Zip Code) | |
559-248-4943
(Registrant's Telephone Number, Including Area Code)
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:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 5.07 Submission of Matters to a Vote of Security Holders
On May 16, 2018 United Security Bancshares held its Annual Meeting of Shareholders. A total of 15,020,345 shares were represented and voting at the meeting, constituting 88.89% of the 16,898,615 issued and outstanding shares entitled to vote at the meeting. The final results of voting for each matter submitted to a vote of shareholders at the meeting are as follows:
Proposal 1. Election of Directors
The shareholders elected all of the Board of Directors nominees for a term of one year, as follows:
Nominee | For | Against | Abstain | Broker Non-Votes |
Stanley J. Cavalla | 10,106,433 | 211,613 | — | 4,702,299 |
Tom Ellithorpe | 9,858,910 | 459,135 | — | 4,702,299 |
Benjamin Mackovak | 10,108,615 | 209,431 | — | 4,702,299 |
Nabeel Mahmood | 10,261,104 | 56,942 | — | 4,702,299 |
Robert M. Mochizuki | 10,102,088 | 215,958 | — | 4,702,299 |
Kenneth D. Newby | 10,130,517 | 187,529 | — | 4,702,299 |
Susan Quigley | 10,022,302 | 295,744 | — | 4,702,299 |
Brian Tkacz | 10,122,372 | 195,674 | — | 4,702,299 |
Dennis R. Woods | 10,018,912 | 299,133 | — | 4,702,299 |
Michael T. Woolf | 10,255,738 | 62,308 | — | 4,702,299 |
Proposal 2. Ratification of Moss Adams LLP as the Company's Independent Auditors for Fiscal Year 2018
The shareholders ratified the appointment of Moss Adams LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2018, by the following vote:
For | Against | Abstain | Non-Votes |
14,518,586 | 147,906 | 353,853 | — |
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.
UNITED SECURITY BANCSHARES | |||
Date: | May 18, 2018 | By: /s/ Bhavneet Gill | |
Bhavneet Gill | |||
Senior Vice President & Chief Financial Officer | |||