Form 8-K

 

 

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: April 16, 2013 (Date of earliest event reported)

 

 

U.S. BANCORP

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   1-6880   41-0255900

(State or other jurisdiction

of incorporation)

 

(Commission

file number)

 

(IRS Employer

Identification No.)

800 Nicollet Mall

Minneapolis, Minnesota 55402

(Address of principal executive offices, including zip code)

(651) 466-3000

(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))

 

 

 


Item 5.07 Submission of Matters to a Vote of Security Holders.

The Company held its 2013 Annual Meeting of Shareholders on Tuesday, April 16, 2013, at the Morrison Center for the Performing Arts, Boise State University, Boise, Idaho. Richard K. Davis, Chairman, President and Chief Executive Officer, presided. The Company’s shareholders considered four proposals, each of which is described in more detail in the Company’s Definitive Proxy Statement on Schedule 14A (the “Proxy Statement”) which was filed with the Securities and Exchange Commission on March 8, 2013. The final voting results are reported below.

Proposal I: Election of fourteen directors to serve for a one-year term until the 2014 annual meeting of shareholders.

The Company’s shareholders elected each of the fourteen nominees for director, and the voting results are set forth below:

 

Name

   For      Against      Abstentions      Broker
Non-Votes
 

Douglas M. Baker, Jr.

     1,350,643,922         15,047,341         7,306,129         218,763,214   

Y. Marc Belton

     1,346,339,832         18,829,842         7,827,718         218,763,214   

Victoria Buyniski Gluckman

     1,338,160,414         26,035,118         8,801,860         218,763,214   

Arthur D. Collins, Jr.

     1,245,796,852         118,365,179         8,835,361         218,763,214   

Richard K. Davis

     1,316,232,007         44,725,914         12,039,471         218,763,214   

Roland A. Hernandez

     1,270,545,946         94,604,255         7,847,191         218,763,214   

Doreen Woo Ho

     1,353,830,441         11,934,845         7,232,106         218,763,214   

Joel W. Johnson

     1,339,039,108         26,526,594         7,431,690         218,763,214   

Olivia F. Kirtley

     1,351,536,271         14,290,983         7,170,138         218,763,214   

Jerry W. Levin

     1,337,235,240         26,687,169         9,074,983         218,763,214   

David B. O’Maley

     1,341,144,779         22,780,009         9,072,604         218,763,214   

O’dell M. Owens, M.D., MPH

     1,330,456,042         32,697,148         9,844,202         218,763,214   

Craig D. Schnuck

     1,354,949,693         10,752,078         7,295,621         218,763,214   

Patrick T. Stokes

     1,341,828,041         23,817,403         7,351,948         218,763,214   

Proposal II: Ratification of the selection of Ernst & Young LLP as the Company’s independent auditor for the 2013 fiscal year.

The Company’s shareholders ratified the selection of Ernst & Young LLP, and the voting results are set forth below:

 

For

   Against    Abstentions    Broker Non-Votes

1,560,786,210

   24,039,696    6,934,700    —  

Proposal III: Advisory vote to approve the compensation of the Company’s executive officers disclosed in the Proxy Statement.

The Company’s shareholders gave advisory approval of the compensation of the Company’s executive officers as disclosed in the Proxy Statement, and the voting results are set forth below:


For    Against    Abstentions    Broker Non-Votes
1,294,337,819    62,218,984    16,440,589    218,763,214

Proposal IV: Shareholder proposal seeking the establishment of a policy requiring that the Chairman of the Board be an independent director.

The Company’s shareholders did not approve the shareholder proposal, and the voting results are set forth below:

 

For    Against    Abstentions    Broker Non-Votes
303,873,430    1,055,560,903    13,563,059    218,763,214


SIGNATURE

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.

 

U.S. BANCORP
By:   /s/ James L. Chosy
 

James L. Chosy

Executive Vice President, General Counsel and Corporate Secretary

Date: April 18, 2013