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):  June 7, 2012 (May 17, 2012)

 

 

 

 

Princeton National Bancorp, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   0-20050   36-3210283
(State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)

 

606 South Main Street

Princeton, Illinois

  61356
(Address of Principal Mr. Ogaard Offices)   (Zip Code)

Registrant’s telephone number, including area code:  (815) 875-4444

 

 

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.

On May 17, 2012, the Company held its annual meeting of stockholders. The results of the votes held at the meeting at which a quorum was present were as follows:

PROPOSAL #001 ELECTION OF DIRECTORS

 

***      FOR          AGAINST          WITHHELD      BROKER NON-VOTES

BENEFICIAL

     829,503      0      100,113      1,101,581

REGISTERED

     279,436      0      68,394     

TOTAL SHARES VOTED

     1,108,939      0      168,507     

% OF VOTED

     86.80%           13.19%     

% OF OUTSTANDING

     33.19%           5.04%     
                   
                   
PROPOSAL #001 ELECTION OF DIRECTORS INCLUDING DIRECTOR EXCEPTIONS
                   
***      FOR      % VOTED FOR      WITHHELD      % VOTED WITHHELD

GRETTA E. BIEBER

     936,401      73.30%      341,045      26.70%

GARY C. BRUCE

     950,073      74.37%      327,373      25.63%

JOHN R. ERNAT

     937,006      73.35%      340,440      26.65%

THOMAS D. OGAARD

     1,066,470      83.48%      210,976      16.52%

TOTAL ALL DIRECTORS

     3,889,950           1,219,834     

DIRECTOR AVERAGE

     972,487           304,958     

% VOTED OF AVERAGE

     76.13%           23.87%     
                   
                   
PROPOSAL #002 APPROVE COMP. OF THE EXECUTIVES DISCLOSED IN THE PROXY STATEMENT
                   
***      FOR      AGAINST        ABSTAIN         BROKER NON-VOTES

BENEFICIAL

     707,959      205,107      16,550      1,101,581

REGISTERED

     205,540      91,558      50,732     

TOTAL SHARES VOTED

     913,499      296,665      67,282     

% OF VOTED

     71.50%      23.22%      5.26%     

% OF OUTSTANDING

     27.34%      8.87%      2.01%     
                   
                   
PROPOSAL #003 RATIFY APPOINTMENT OF BKD. LLP.
                   
                   
***      FOR      AGAINST        ABSTAIN        BROKER NON-VOTES

BENEFICIAL

     1,859,199      168,230      3,768     

REGISTERED

     331,609      5,947      10,274     

TOTAL SHARES VOTED

     2,190,808      174,177      14,042     

% OF VOTED

     92.08%      7.32%      0.59%     

% OF OUTSTANDING

     65.57%      5.21%      0.42%     
                   
                   

PROPOSAL #004 STOCKHOLDER PROPOSAL RELATING TO THE NOMINATION OF DIRECTORS
                   
***      FOR      AGAINST      ABSTAIN      BROKER
NON-VOTES

BENEFICIAL

     246,953      665,466      17,197      1,101,581

REGISTERED

     150,367      174,752      22,711     

TOTAL SHARES VOTED

     397,320      840,218      39,908     

% OF VOTED

     31.10%      65.77%      3.12%     

% OF OUTSTANDING

     11.89%      25.14%      1.19%     
                   
                   
PROPOSAL #005 IN THEIR DISCRETION, UPON OTHER MATTERS AS MAY COME BEFORE MEETING.
                   
***      FOR      AGAINST      ABSTAIN      BROKER
NON-VOTES

BENEFICIAL

     287,328      98,253      308,331      1,337,285

REGISTERED

     136,788      24,850      125,271     

TOTAL SHARES VOTED

     424,116      123,103      433,602     

% OF VOTED

     43.24%      12.55%      44.20%     

% OF OUTSTANDING

     12.69%      3.68%      12.97%     

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.

 

(Registrant)

 

PRINCETON NATIONAL BANCORP, INC.
 

(Registrant)

By:  

/s/  Thomas D. Ogaard

 

Thomas D. Ogaard, President and

 

Chief Executive Officer

Dated: June 7, 2012

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