bset20130307_8k.htm



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) March 6, 2013

 


 

BASSETT FURNITURE INDUSTRIES, INCORPORATED

(Exact name of registrant as specified in its charter)

 


 

         

VIRGINIA

 

0-209

 

54-0135270

(State or other jurisdiction of

incorporation or organization)

 

(Commission File No.)

 

(I.R.S. Employer

Identification No.)

 

     

3525 FAIRYSTONE PARK HIGHWAY

BASSETT, VIRGINIA

 

24055

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code 276/629-6000

  

(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 (see General Instruction A.2 below):

 

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’s 2013 annual meeting of shareholders was held on March 6, 2013. As of the record date for the meeting, the Company had 10,844,152 of common stock outstanding, each of which is entitled to one vote. According to the final voting results, all director nominees were elected.


The voting tabulation was as follows:

 

 

Nominee

 

Votes For

 

Votes

Withheld

 

Votes

Abstain

 

Broker Non-

Vote

Peter W. Brown, M.D.

 

7,640,393

 

      181,899

 

            -

 

2,044,417

Kristina Cashman

 

7,635,395

 

      186,897

 

            -

 

2,044,417

Paul Fulton

 

7,607,848

 

      214,444

 

            -

 

2,044,417

Howard H. Haworth

 

7,618,781

 

      203,511

 

            -

 

2,044,417

George W. Henderson, III

 

7,635,282

 

      187,010

 

            -

 

2,044,417

J. Walter McDowell

 

7,650,021

 

      172,271

 

            -

 

2,044,417

Dale C. Pond

 

7,458,538

 

      363,754

 

            -

 

2,044,417

Robert H. Spilman, Jr.

 

7,628,613

 

      193,679

 

            -

 

2,044,417

William C. Wampler, Jr.

 

7,658,178

 

      164,114

 

            -

 

2,044,417

William C. Warden, Jr.

 

7,638,249

 

      184,043

 

            -

 

2,044,417

 

 

 

At the annual meeting, the shareholders also voted on three proposals:

 

 

1.

Ratification of Ernst & Young LLP as the Company’s Independent Registered Public Accounting Firm.

 

The final tabulation was as follows:

 

 

Proposal

 

Votes For

 

Votes Against

 

Votes Abstain

 

Broker Non-Vote

                 

Ratification of Ernst & Young LLP

 

     9,796,050

 

            60,165

 

       10,493

 

                      -

 

 

 

2.

To consider and act on an advisory vote regarding the approval of the compensation paid to certain executive officers.

 

The final tabulation was as follows:

 

 

Proposal

 

Votes For

 

Votes Against

 

Votes Abstain

 

Broker Non-Vote

                 

Approval of officer compensation

 

     7,527,605

 

          126,592

 

     168,095

 

       2,044,417

 

 
 

 

 

 

3.

To consider and act on an advisory vote regarding the frequency of stockholder approval of the compensation paid to certain executive officers.

 

The final tabulation was as follows:

 

 

Proposal

 

1 Year

 

2 Years

 

3 Years

 

Abstain

 

Broker Non-Vote

                     

Frequency of approval

 

    6,828,540

 

           93,574

 

     713,126

 

                    -

 

       2,044,417

 

 
 

 

 

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.

 

 

BASSETT FURNITURE INDUSTRIES, INCORPORATED

 
       

Date: March 7, 2013

By: /s/ J. Michael Daniel  
 

J. Michael Daniel

 
 

Title: Senior Vice President – Chief Financial Officer