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UBSI United Bankshares

Filed: 17 May 21, 11:51am

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, 2021

United Bankshares, Inc.

(Exact name of registrant as specified in its charter)

 

        West Virginia        

 

        No. 002-86947        

 

    55-0641179    

(State or other jurisdiction of
incorporation or organization)
 (Commission File Number) (I.R.S. Employer
Identification No.)

 

300 United Center
500 Virginia Street, East
Charleston, West Virginia 25301
(Address of Principal Executive Offices)

(304) 424-8800

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or 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))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

        Trading Symbol(s)        

 

Name of each exchange on which registered

Common Stock, par value $2.50 per share UBSI NASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Item 5.07. Submission of Matters to a Vote of Security Holders

On May 12, 2021, United Bankshares, Inc. (“United” or the “Company”) held its virtual Annual Meeting of Shareholders (the “Meeting”). At the Meeting, shareholders voted on the following three matters outlined in the Company’s proxy statement (the “Proxy Statement”): (1) to elect thirteen (13) persons to serve as directors of the Company for a one-year term expiring at the 2022 Annual Meeting; (2) to ratify the selection of Ernst & Young LLP, as the independent registered public accounting firm for the fiscal year ending December 31, 2021; and (3) to approve, on an advisory basis, the compensation of United’s named executive officers. The matters are described in detail in the Proxy Statement mailed to shareholders on or about March 30, 2021. The shareholders elected each of the thirteen (13) persons listed below as directors of the Company for a one-year term expiring at the 2022 Annual Meeting; ratified the selection of Ernst & Young LLP, as the independent registered public accounting firm for the fiscal year ending December 31, 2021; and approved, on an advisory basis, the compensation of United’s named executive officers. The voting results for the matters appear below.

Proposal 1. Election of Directors:

 

    Votes For    
Votes
Withheld
 
 
  Abstentions   

Broker

Non-Votes

 

 

   
Votes
Uncast
 
 
                           

Richard M. Adams

   90,268,115    4,717,202   ---   18,898,946    3,718 

Charles L. Capito, Jr.

   94,085,861    899,456   ---   18,898,946    3,718 

Peter A. Converse

   92,958,133    2,027,184   ---   18,898,946    3,718 

Michael P. Fitzgerald

   91,810,724    3,174,593   ---   18,898,946    3,718 

Theodore J. Georgelas

   92,917,500    2,067,817   ---   18,898,946    3,718 

Dr. Patrice A. Harris

   94,588,677    396,640   ---   18,898,946    3,718 

J. Paul McNamara

   88,718,221    6,267,096   ---   18,898,946    3,718 

Mark R. Nesselroad

   93,176,547    1,808,770   ---   18,898,946    3,718 

Jerold L. Rexroad

   91,901,129    3,084,188   ---   18,898,946    3,718 

Albert H. Small, Jr.

   94,057,024    928,293   ---   18,898,946    3,718 

Mary K. Weddle

   92,814,850    2,170,467   ---   18,898,946    3,718 

Gary G. White

   91,928,256    3,057,061   ---   18,898,946    3,718 

P. Clinton Winter

   91,804,891    3,180,426   ---   18,898,946    3,718 

Proposal 2. Ratification of the selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2021:

 

For   Against   Abstentions   Broker Non-Votes   Votes Uncast

111,447,422

   2,187,283   253,276   ---   ---

Proposal 3. Approval, on an advisory basis, the compensation of United’s named executive officers:

 

For   Against   Abstentions   Broker Non-Votes   Votes Uncast

91,393,759

   2,695,082   900,194   18,898,946   ---


SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  UNITED BANKSHARES, INC. 
Date:    May 17, 2021      By: /s/ W. Mark Tatterson                 
  W. Mark Tatterson, Executive Vice 
    President and Chief Financial Officer