First Community Corporation (NASDAQ:FCCO) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders.
The 2017 Annual Meeting of Shareholders of First Community
Corporation (the Company) was held on May 17, 2017 at The Old
Cigar Warehouse, 912 South Main Street, Greenville, South
Carolina. Of the 6,697,130 shares outstanding at the Annual
Meeting, there were present in person or by proxy 4,893,802
shares of the Companys common stock, representing approximately
73.1% of the total outstanding eligible votes. The shareholders
of the Company voted: (1) to elect five Class II members to the
Board of directors; (2) to provide an advisory resolution to
approve the compensation of the Companys named executive
officers; (3) to re-approve performance goals under the 2011
Stock Incentive Plan; and (4) to ratify the appointment of
Elliott Davis Decosimo, LLC as the Companys independent
registered public accountants for the fiscal year ended December
31, 2017.
1.To elect five Class II members of the Board of Directors:
| Class II: | For | Withheld | Broker Non-Vote |
| Thomas C. Brown | 3,513,524 | 2,593 | 1,377,685 |
| W. James Kitchens, Jr. | 3,513,435 | 2,682 | 1,377,685 |
| Roderick M. Todd, Jr | 3,496,392 | 19,725 | 1,377,685 |
| Mitchell M. Willoughby | 3,512,442 | 3,675 | 1,377,685 |
| Edward J. Tarver | 3,513,196 | 2,921 | 1,377,685 |
The other Directors that continued in office after the meeting
are as follows:
| Class I: | Class III: |
| Richard K. Bogan, MD | Chimin J. Chao |
| Michael C. Crapps | J. Thomas Johnson |
| Anita B. Easter | E. Leland Reynolds |
| George H. Fann, Jr. DMD | Alexander Snipe, Jr. |
| J. Randolph Potter |
| 2. |
To provide an advisory resolution to approve the compensation of the Companys named executive officers: |
| For | Against | Abstain | Broker Non-Vote |
| 3,429,055 | 18,860 | 68,202 | 1,377,685 |
3.To re-approve performance goals under the 2011 Stock Incentive
Plan:
| For | Against | Abstain | Broker Non-Vote |
| 3,431,892 | 18,425 | 65,800 | 1,377,685 |
| 4. |
To ratify the appointment of Elliott Davis Decosimo, LLC as the Companys independent registered public accountants: |
| For | Against | Abstain |
| 4,886,891 | 1,055 | 5,856 |
About First Community Corporation (NASDAQ:FCCO)
First Community Corporation is a bank holding company for First Community Bank (the Bank). The Bank offers commercial and retail banking services to small-to-medium sized businesses, professional concerns and individuals, primarily in Richland, Lexington, Kershaw and Newberry Counties of South Carolina and the surrounding areas. The Bank offers a range of traditional banking products and services for professionals and small-to medium-sized businesses, including consumer and commercial, mortgage, brokerage and investment, and insurance services. The Bank also offers online banking to its customers. Its other services include Internet banking, cash management services, safe deposit boxes, traveler checks, direct deposit of payroll and social security checks, and automatic drafts for various accounts. The Bank offers non-deposit investment products and other investment brokerage services through a registered representative with an affiliation through LPL Financial. First Community Corporation (NASDAQ:FCCO) Recent Trading Information
First Community Corporation (NASDAQ:FCCO) closed its last trading session up +0.40 at 19.05 with 5,576 shares trading hands.