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 22, 2014

  

 

Eastern Virginia Bankshares, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Virginia   000-23565   54-1866052

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

 

330 Hospital Road, Tappahannock, Virginia   22560
(Address of principal executive offices)   (Zip Code)


Registrant’s telephone number, including area code: (804) 443-8400

 

 

 

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.

 

Eastern Virginia Bankshares, Inc. (the “Company”) held its Annual Meeting of Shareholders on May 22, 2014. A quorum of the common shareholders was present, consisting of a total of 9,492,426 shares. Matters voted upon were (1) the election of thirteen directors to serve for terms of one year each expiring at the 2015 Annual Meeting of Shareholders, (2) approval on an advisory (non-binding) basis of the compensation of the Company’s named executive officers, (3) approval on an advisory (non-binding) basis of the frequency of advisory votes on executive compensation, and (4) ratification of the appointment of Yount, Hyde & Barbour, P.C. as independent registered public accountant of the Company for 2014.

 

The final number of votes cast with respect to each matter is set out below.

 

Election of Directors

                    

            Broker
  Director For   Withheld   Non-Votes
  W. Rand Cook 7,026,002   101,841   2,364,583
  F.L. Garrett, III 6,711,639   416,204   2,364,583
  W. Gerald Cox 7,026,269   101,574   2,364,583
  Michael E. Fiore, P.E. 7,025,020   102,823   2,364,583
  Boris M. Gutin 7,025,370   102,473   2,364,583
  Ira C. Harris, Ph.D., CPA 7,021,903   105,940   2,364,583
  Eric A. Johnson 6,723,297   404,546   2,364,583
  W. Leslie Kilduff, Jr. 7,029,693   98,150   2,364,583
  William L. Lewis 6,612,694   515,149   2,364,583
  Charles R. Revere 7,025,020   102,823   2,364,583
  Joe A. Shearin 7,008,674   119,169   2,364,583
  Leslie E. Taylor, CPA 7,030,701   97,142   2,364,583
  Jay T. Thompson, III 7,017,346   110,497   2,364,583

   

                Broker
    For   Against   Abstention   Non-Votes
                 
Advisory (Non-Binding) Approval of the Compensation of the Company's Named Executive Officers   6,638,620   175,742   313,481   2,364,583

 

    Every   Every   Every    
    One Year   Two Years   Three Years   Abstention
                 
Advisory (Non-Binding) Approval of the Frequency of Advisory Votes on Executive Compensation   6,365,101   113,022   218,693   431,027

 

Consistent with a majority of the votes cast with respect to this proposal and with the recommendation of the Company’s Board of Directors, the Company will hold a shareholder advisory vote on the compensation of the Company’s named executive officers annually until the next required vote on the frequency of shareholder votes on the compensation of the Company’s named executive officers.

  

 
 

  

                Broker
    For   Against   Abstention   Non-Votes
Ratification of the Appointment of Yount, Hyde & Barbour, P.C. as the Company's Independent Registered Public Accountant   9,447,978   6,372   38,076   -

  

 

 

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.

  

 

  EASTERN VIRGINIA BANKSHARES, INC.
   
Dated:   May 23, 2014  
   
   
  /s/ J. Adam Sothen
  By: J. Adam Sothen
  Executive Vice President & Chief Financial Officer