UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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 21, 2012 |
| First Reliance Bancshares, Inc. |
| (Exact Name of Registrant as Specified in Its Charter) |
| South Carolina |
| (State or Other Jurisdiction of Incorporation) |
| 000-49757 | 80-0030931 |
| (Commission File Number) | (IRS Employer Identification No.) |
| 2170 W. Palmetto Street Florence, South Carolina |
29501 |
| (Address of Principal Executive Offices) | (Zip Code) |
| (843) 656-5000 |
| (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 (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 annual meeting of shareholders of the Company was held on June 21, 2012 (the “Annual Meeting”). Proxies for the Annual Meeting were solicited pursuant to Section 14(a) of the Securities Exchange Act of 1934, as amended. The matters listed below were submitted to a vote of the Company’s shareholders and the final voting results were as follows:
The following nominees were elected as Class B Directors for a three-year term expiring in 2015:
| Name | For | Withheld | Abstentions |
Broker Non-Votes |
| James R. Lingle, Jr. | 2,199,551 | 22,952 | -- | -- |
| Jeffrey A. Paolucci | 2,199,201 | 23,302 | -- | -- |
| Julius G. “Cass” Parris | 2,199,551 | 22,952 | -- | -- |
| Paul C. Saunders | 2,197,051 | 25,452 | -- | -- |
A non-binding resolution approving the compensation of First Reliance’s executives, as disclosed under the federal securities laws, was approved by the vote set forth below:
| For | Against | Abstentions |
Broker Non-Votes |
| 2,062,471 | 125,979 | 34,053 | -- |
| 2 |
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 thereunto duly authorized.
| FIRST RELIANCE BANCSHARES, INC. | |||
| Dated: June 26, 2012 | |||
| By: | /s/ Jeffrey A. Paolucci | ||
| Jeffrey A. Paolucci | |||
| Chief Financial Officer | |||
| 3 |