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 12, 2016

 

 

First United Corporation

(Exact name of registrant as specified in its charter)

 

 

  Maryland   0-14237   52-1380770  
   (State or other jurisdiction of    (Commission file number)    (IRS Employer  
  incorporation or organization)       Identification No.)  

 

 

19 South Second Street, Oakland, Maryland 21550

(Address of principal executive offices) (Zip Code)

 

 

(301) 334-9471

(Registrant’s telephone number, including area code)



N/A

(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 obligations 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 5.07Submission of Matters to a Vote of Security Holders.

 

(a) and (b)Voting Results.

 

At the 2016 annual meeting of shareholders of First United Corporation (the “Corporation”) held on May 12, 2016, the shareholders voted on: (i) the election of four director nominees to serve until the 2019 annual meeting of shareholders or until their successors are duly elected and qualified (Proposal 1); (ii) the adoption of a non-binding advisory resolution approving the compensation paid to the Corporation’s named executive officers for 2015 (Proposal 2) (iii) the ratification of the appointment of Baker Tilly Virchow Krause LLP as the Corporation’s independent registered public accounting firm for 2016 (Proposal 3); and. These matters were submitted to a vote through the solicitation of proxies. The results of the votes are set forth below.

 

Proposal 1 – Election of Directors:

 

  For Withheld Abstain Broker Non-Votes
M. Kathryn Burkey 3,203,360 100,460 0 1,002,132
I. Robert Rudy 3,176,851 127,029 0 1,002,132
Robert G. Stuck 3,195,404 108,476 0 1,002,132
H. Andrew Walls, III 2,570,729 733,091 0 1,002,132

 

Proposal 2 – Adoption of a non-binding advisory resolution approving the compensation paid to the Corporation’s named executive officers:

 

For Against Abstain Broker Non-Votes
2,970,669 257,417 75,794 0

 

Proposal 3 – Ratification of the Appointment of Baker Tilly Virchow Krause, LLP:

 

For Against Abstain Broker Non-Votes
4,228,982 44,189 32,841 0

 

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.

 

  FIRST UNITED CORPORATION  
       
       
Dated:  May 16, 2016 By: /s/ Tonya K. Sturm  
    Tonya K. Sturm  
    Senior Vice President
    and Chief Financial Officer