Edgar Filing: MIDDLEFIELD BANC CORP

Broker

Against

Abstentions

Non-Votes

Form 8-K

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

May 10, 2017

(Date of Report: Date of earliest event reported)

Middlefield Banc Corp.

(Exact name of registrant as specified in its charter)

Ohio

(State or other jurisdiction of incorporation)

001-36613

(Commission File Number)

34-1585111

(I.R.S. Employer Identification Number)

15985 East High Street

Middlefield, Ohio 44062

(Address of principal executive offices, including zip code)

(440) 632-1666

(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:

☐	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))

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 ☐

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. ☐

ITEM 5.07

Submission of Matters to a Vote of Security Holders

Middlefield Banc Corp. (the “Company”) held its Annual Meeting of Shareholders (the “Meeting”) on May 10, 2017 in Aurora, Ohio. Five proposals were voted upon at the Meeting, which were (1) the election of four (4) persons to serve as directors of the Company for a three-year term expiring at the 2020 Annual Meeting; (2) the election of one person to serve as director of the Company for a one-year term expiring at the 2018 Annual Meeting; (3) approving the 2017 Omnibus Equity Plan; (4) approving a non-binding advisory vote regarding the compensation of the Company’s named executive officers as disclosed in its proxy statement; and (5) the ratification of the selection of S. R. Snodgrass, A.C. as the independent registered public accountants for the fiscal year ending December 31, 2017. The proposals are described in detail in the Proxy Statement mailed to shareholders on or about April 4, 2017.

The results of the proposals appear below:

Proposal 1. Election of Directors for a three-year term:


		Votes	Broker
Nominee	Votes For	Withheld	Non-Votes
Eric W. Hummel	1,388,233	78,578	709,977
Kenneth E. Jones	1,405,194	61,617	709,977
James J. McCaskey	1,400,724	66,088	709,977
William A. Valerian	1,408,530	58,281	709,977

Proposal 2. Election of Director for a one-year term:


		Votes	Broker
Nominee	Votes For	Withheld	Non-Votes
Thomas W. Bevan	1,413,847	52,964	709,977

Proposal 3. Approval of the 2017 Omnibus Equity Plan:


			Broker
For	Against	Abstentions	Non-Votes
1,341,997	73,762	51,052	709,977

Proposal 4. Non-binding advisory vote approving the compensation of the Company’s executive officers as disclosed in the proxy statement:


			Broker
For	Against	Abstentions	Non-Votes
1,362,242	58,234	46,336	709,977

Proposal 5. Ratification of the selection of S. R. Snodgrass, A. C. as independent registered public accountants.

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.