- Current report filing (8-K)
July 19 2010 - 7:57AM
Edgar (US Regulatory)
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)
July 16, 2010
NORTH VALLEY BANCORP
|
(Exact name of registrant as specified in its charter)
|
California
|
(State or other jurisdiction of incorporation)
|
|
|
|
0-10652
|
|
94-2751350
|
(Commission File Number)
|
|
(IRS Employer Identification No.)
|
|
|
|
300 Park Marina Circle, Redding, CA
|
|
96001
|
(Address of principal executive offices)
|
|
(Zip Code)
|
Registrant’s telephone number, including area code:
(530) 226-2900
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 (see General Instruction A.2. below):
o
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
|
|
o
|
Soliciting material pursuant to Rule 14a-12 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))
|
Item 5.07
|
Submission of Matters to a Vote of Security Holders
|
The 2010 Annual Meeting of Shareholders of North Valley Bancorp (the “Company”) was held on July 16, 2010. Six matters were submitted to a vote of the shareholders through the solicitation of proxies and the results of the voting are set forth below:
Proposal 1
. The following nine persons (all incumbents) were nominated and elected as Directors of the Company, to serve for terms of one year. The voting results were as follows:
Director
|
|
Shares For
|
|
Withheld
|
Michael J. Cushman
|
|
4,240,471
|
|
|
460,348
|
|
William W. Cox
|
|
4,339,633
|
|
|
361,186
|
|
Royce L. Friesen
|
|
4,350,003
|
|
|
350,816
|
|
Dante W. Ghidinelli
|
|
4,346,688
|
|
|
354,131
|
|
Kevin D. Hartwick
|
|
4,346,742
|
|
|
354,077
|
|
Roger B. Kohlmeier
|
|
4,343,211
|
|
|
357,608
|
|
Martin A. Mariani
|
|
4,273,589
|
|
|
427,230
|
|
Dolores M. Vellutini
|
|
4,343,888
|
|
|
356,931
|
|
J.M. (Mike) Wells, Jr
|
|
4,320,182
|
|
|
380,637
|
|
Proposal 2
. To approve for purposes of NASDAQ Listing Rule 5635 the issuance of shares of Company Common Stock upon the conversion of up to 40,000 shares of Series A Mandatorily Convertible Cumulative Perpetual Preferred Stock of the Company, as contemplated by the Securities Purchase Agreements described in the Proxy Statement. The proposal was approved. The voting results were as follows:
Shares For
|
|
Shares Against
|
|
Abstain
|
|
Broker Non-Votes
|
4,377,574
|
|
273,241
|
|
50,004
|
|
1,816,303
|
Proposal 3
. To approve an amendment to the Company’s Amended and Restated Articles of Incorporation to increase the number of authorized shares of Common Stock from 20 million to 60 million. The proposal was approved. The voting results were as follows:
Shares For
|
|
Shares Against
|
|
Abstain
|
6,165,791
|
|
245,776
|
|
105,555
|
Proposal 4
. To approve an amendment to the Company’s Amended and Restated Articles of Incorporation to effect a one for five share reverse stock split of the Common Stock. The proposal was approved (although the Board of Directors reserved the right, at its sole discretion, to elect not to implement the reverse stock split, even though approved by the shareholders). The voting results were as follows:
Shares For
|
|
Shares Against
|
|
Abstain
|
5,290,084
|
|
1,103,957
|
|
123,081
|
Proposal 5
. To ratify the appointment of Perry-Smith LLP as the Company’s Independent Registered Public Accounting Firm for 2010. The proposal was approved. The voting results were as follows:
Shares For
|
|
Shares Against
|
|
Abstain
|
6,347,233
|
|
81,400
|
|
88,489
|
Proposal 6
. To approve an adjournment of the Annual Meeting, if necessary or appropriate, to solicit additional proxies if there are insufficient votes at the time of the Annual Meeting to adopt Proposals 1 through 5. The proposal was approved. The voting results were as follows:
Shares For
|
|
Shares Against
|
|
Abstain
|
5,790,488
|
|
633,246
|
|
93,388
|
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.
|
NORTH VALLEY BANCORP
|
|
|
|
Dated: July 19, 2010
|
By:
|
/s/ Kevin R. Watson
|
|
|
Kevin R. Watson
|
|
|
Executive Vice President
|
|
|
Chief Financial Officer
|
North Valley Banco (MM) (NASDAQ:NOVB)
Historical Stock Chart
From Jun 2024 to Jul 2024
North Valley Banco (MM) (NASDAQ:NOVB)
Historical Stock Chart
From Jul 2023 to Jul 2024