UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 5.07. Submission of Matters to a Vote of Security Holders.
The annual meeting of shareholders (the “Annual Meeting”) of First Community Corporation (the “Company”) was held on May 18, 2022 at 11:00 a.m. at the Company’s principal executive office located at 5455 Sunset Boulevard, Lexington, South Carolina 29072. Of the 7,553,238 shares of the Company’s common stock outstanding at the Annual Meeting, there were present in person or by proxy 5,532,048 shares, representing approximately 73.24% of the total outstanding eligible votes. At the Annual Meeting, the shareholders of the Company: (1) elected four Class I members to the Company’s Board of Directors to serve a term expiring in 2025; (2) approved an advisory resolution to approve the compensation of the Company’s named executive officers; and (3) ratified the appointment of Elliott Davis, LLC as the Company’s independent registered public accountants for the fiscal year ending December 31, 2022.
The final results of voting on each of the matters submitted to a vote of shareholders during the Annual Meeting are as follows:
1. To elect four Class I members of the Board of Directors to serve a three-year term expiring at the 2025 annual meeting of shareholders or until their respective successors are duly elected and qualified:
| Class I: | For | Withheld | Broker Non-Vote |
| Michael C. Crapps | 4,022,902 | 35,045 | 1,474,101 |
| Jan H. Hollar | 4,022,513 | 35,434 | 1,474,101 |
| Mickey E. Layden | 4,019,019 | 38,928 | 1,474,101 |
| Jane S. Sosebee | 3,895,017 | 162,930 | 1,474,101 |
The other directors that continued in office after the Annual Meeting are as follows:
| Class II: | Class III: |
| Thomas C. Brown | C. Jimmy Chao |
| W. James Kitchens, Jr. | Ray E. Jones |
| Edward J. Tarver | E. Leland Reynolds |
| Roderick M. Todd, Jr. | Alexander Snipe, Jr. |
2. A non-binding, advisory vote, to approve the compensation of the Company’s named executive officers (the “say-on-pay” vote):
| For | Against | Abstain | Broker Non-Vote |
| 3,977,190 | 59,163 | 21,594 | 1,474,101 |
3. To ratify the appointment of Elliott Davis, LLC as the Company’s independent registered public accountants for the fiscal year ending December 31, 2022:
| For | Against | Abstain |
| 5,372,602 | 111,557 | 47,889 |
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 hereunto duly authorized.
| FIRST COMMUNITY CORPORATION | |||
| By: | /s/ D. Shawn Jordan |
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| Name: | D. Shawn Jordan |
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| Title: | Chief Financial Officer | ||
Dated: May 19, 2022