Current Report Filing (8-k)
June 14 2013 - 1:04PM
Edgar (US Regulatory)
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):
June 10, 2013
Berkshire Bancorp Inc.
(Exact name of registrant as specified in
its charter)
Delaware |
01-13649 |
94-2563513 |
(State or other jurisdiction |
(Commission File Number) |
(IRS Employer |
of incorporation) |
|
Identification No.) |
160 Broadway, New York, New York 10038
(Address of principal executive offices
and zip code)
Registrant’s telephone number, including
area code: (212) 791-5362
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 (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.
At the Company’s Annual Meeting of Stockholders held on
June 10, 2013 (the “2013 Annual Meeting”), the stockholders of Berkshire Bancorp Inc. (the “Company”) entitled
to vote at the meeting voted on the following proposals:
| (a) | to elect the seven individuals named below to serve as directors of the Company to hold office until the next Annual Meeting
of Stockholders and until their successors have been duly elected and qualified. |
The votes cast by stockholders with respect to the election
of directors were as follows:
Director | |
Votes Cast “For” | | |
Votes Withheld | | |
Broker Non-Votes | |
| |
| | |
| | |
| |
William L. Cohen | |
| 12,270,105 | | |
| 117,706 | | |
| -0- | |
Dr. Joseph Fink | |
| 12,226,013 | | |
| 161,798 | | |
| -0- | |
Martin A. Fischer | |
| 12,269,795 | | |
| 118,016 | | |
| -0- | |
George Karfunkel | |
| 12,315,051 | | |
| 72,760 | | |
| -0- | |
Philippe D. Katz | |
| 12,197,562 | | |
| 190,249 | | |
| -0- | |
Moses Krausz | |
| 12,097,384 | | |
| 290,427 | | |
| -0- | |
Moses Marx | |
| 12,166,814 | | |
| 220,997 | | |
| -0- | |
| (b) | To approve, on an advisory basis, the compensation paid to its named
executive officers (“say-on-pay”), as disclosed in the Company’s Proxy Statement relating to the 2013 Annual
Meeting. |
The votes
cast by stockholders with respect to the approval of compensation were as follows:
For: | |
| 12,232,148 | |
Against: | |
| 137,025 | |
Abstain: | |
| 18,637 | |
Broker Non-Votes: | |
| -0- | |
| (c) | To approve, on an advisory basis, the frequency of say-on-pay votes. |
The votes
cast by stockholders with respect to the frequency of the say-on-pay vote were as follows:
Every: One Year: | |
| 602,749 | |
Two Years: | |
| 12,649 | |
Three Years: | |
| 11,752,515 | |
Abstain: | |
| 19,898 | |
Broker Non-Votes: | |
| -0– | |
Consistent
with these results, the Board of Directors of the Company determined that a say-on-pay proposal will be submitted for shareholder
approval every three years until the next required vote on the frequency of say-on-pay votes.
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 thereunto duly authorized.
BERKSHIRE BANCORP INC. |
|
By: |
/s/ Joseph Fink |
|
Joseph Fink |
|
President |
|
|
Dated: June 14, 2013 |
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