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