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HANCOCK FABRICS INC FILES (8-K) Disclosing Submission of Matters to a Vote of Security Holders

August 19, 2014

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

(a) On August 15, 2014, Hancock Fabrics, Inc. (the "Company") held its annual meeting of stockholders in Baldwyn, Mississippi (the "Annual Meeting"). The total number of shares present in person or by proxy was equal to approximately 85.6% of the total shares of the Company entitled to vote, thereby constituting a quorum for the purpose of the Annual Meeting. Abstentions and broker non-votes were counted for purposes of determining whether a quorum was present.

(b) At the Annual Meeting, the Company's stockholders (1) elected the four nominees identified in the table below to the Board of Directors of the Company to serve until the Company's 2015 Annual Meeting of Stockholders or until their successors are duly elected and qualified ("Election of Directors") and (2) ratified the appointment of Burr Pilger Mayer, Inc. as the Company's independent registered public accounting firm for the fiscal year ending January 31, 2015 ("Auditor Ratification"). As previously announced, the Board of Directors of the Company had abandoned Proposal 1, the reverse stock split transaction. As a result, Proposal 1 was not voted upon at the Annual Meeting. Set forth below are the final voting tallies for the Annual Meeting:

Proposal 2 - Election of Directors

For Against Abstain Broker Non-Votes

Sam P. Cortez 9,416,356 629,869 59,513 8,347,167 Steven R. Morgan 9,481,833 567,899 56,006 8,347,167 Steven D. Scheiwe 9,414,629 631,721 59,388 8,347,167 Neil S. Subin 9,451,979 594,765 58,994 8,347,167

Proposal 3 - Auditor Ratification

For Against Abstain 17,858,759 511,787 82,359


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Source: Edgar Glimpses

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