MainStreet BankShares, Inc.
Item 8.01 Other Events
, ("MainStreet") held its 2014 Annual Meeting of
Shareholders on May 8, 2014
at Shively Electric
, Community Room
, 1647 Franklin
, Rocky Mount, Virginia
, 24151. The shareholders elected one Class A
director to serve until the 2017 Annual Meeting of Shareholders, or in the case
of the director, until his or her successor is duly elected and qualifies. The
director elected was Michael A. Turner
. Also, C. Laine Dalton
and Joel R.
will continue as Class B directors, whose terms expires in 2015.
Continuing Class C directors are J. Mac Deekens
and Danny M. Perdue
, whose terms
expire in 2016.
Total shares represented in person or by proxy at the Annual Shareholders'
Meeting were 1,184,727 out of a total of 1,713,375 outstanding shares or 69.1%
excluding broker non-votes.
The director election results, for the one Class A director whose term expires
in 2017, were as follows:
Michael A. Turner 1,002,323 19,253
The appointment of Yount, Hyde, & Barbour, P.C.
registered public accounting firm for the year ending December 31, 2014
ratified at the Annual Shareholders' Meeting. Shares voted for the ratification
were 1,174,574, shares votes against were 1,510, and shares abstained were