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 15, 2014

(Date of earliest event reported)

 

 

U.S. BANCORP

(Exact name of registrant as specified in its charter)

 

 

Delaware

(State or other jurisdiction of incorporation)

 

 

 

1-6880   41-0255900
(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 2014 Annual Meeting of Shareholders on Tuesday, April 15, 2014, at the Kansas City Marriott Country Club Plaza, Kansas City, Missouri. 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 4, 2014. The final voting results are reported below.

Proposal I: Election of fourteen directors to serve for a one-year term until the 2015 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.

     1,319,554,960         34,910,547         6,214,254         220,468,331   

Y. Marc Belton

     1,341,437,599         13,079,116         6,163,046         220,468,331   

Victoria Buyniski Gluckman

     1,329,925,556         24,679,261         6,074,944         220,468,331   

Arthur D. Collins, Jr.

     1,324,514,824         30,123,880         6,041,057         220,468,331   

Richard K. Davis

     1,327,271,897         24,831,115         8,576,749         220,468,331   

Roland A. Hernandez

     1,266,512,799         87,367,661         6,799,301         220,468,331   

Doreen Woo Ho

     1,338,407,079         16,247,213         6,025,469         220,468,331   

Joel W. Johnson

     1,325,114,578         29,511,249         6,053,934         220,468,331   

Olivia F. Kirtley

     1,340,341,857         14,410,590         5,927,314         220,468,331   

Jerry W. Levin

     1,229,051,751         125,539,519         6,088,491         220,468,331   

David B. O’Maley

     1,324,942,095         29,639,650         6,098,016         220,468,331   

O’dell M. Owens, M.D., MPH

     1,321,377,402         32,922,812         6,379,547         220,468,331   

Craig D. Schnuck

     1,344,299,930         10,266,279         6,113,552         220,468,331   

Patrick T. Stokes

     1,324,923,501         29,630,957         6,125,303         220,468,331   

Proposal II: Ratification of the selection of Ernst & Young LLP as the Company’s independent auditor for the 2014 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
1,544,985,210    29,199,286    6,963,596    —  


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
1,300,593,472    48,147,392    11,938,897    220,468,331

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
260,643,006    1,088,290,986    11,745,769    220,468,331


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 17, 2014