0001181749-14-000009.txt : 20140324 0001181749-14-000009.hdr.sgml : 20140324 20140324130705 ACCESSION NUMBER: 0001181749-14-000009 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140320 ITEM INFORMATION: Submission of Matters to a Vote of Security Holders FILED AS OF DATE: 20140324 DATE AS OF CHANGE: 20140324 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Granite Falls Energy, LLC CENTRAL INDEX KEY: 0001181749 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] IRS NUMBER: 411997390 STATE OF INCORPORATION: MN FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-51277 FILM NUMBER: 14712539 BUSINESS ADDRESS: STREET 1: 15045 HIGHWAY 23 S.E. CITY: GRANITE FALLS STATE: MN ZIP: 56241-0216 BUSINESS PHONE: 320-564-3100 MAIL ADDRESS: STREET 1: 15045 HIGHWAY 23 S.E. CITY: GRANITE FALLS STATE: MN ZIP: 56241-0216 FORMER COMPANY: FORMER CONFORMED NAME: GRANITE FALLS COMMUNITY ETHANOL PLANT LLC DATE OF NAME CHANGE: 20020821 8-K 1 a8-k2014annualmeetingresul.htm 8-K 8-K 2014 Annual Meeting Results


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): March 20, 2014

GRANITE FALLS ENERGY, LLC
(Exact name of registrant as specified in its charter)
 
Minnesota
000-51277
41-1997390
(State or other jurisdiction of incorporation or organization)
(Commission File Number)
(I.R.S. Employer Identification No.)
 
15045 Highway 23 SE, Granite Falls, MN
56241-0216
(Address of principal executive offices)
(Zip Code)
 
(320) 564-3100
(Registrant's telephone number, including area code)

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):

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






Items under Sections 1 through 4 and 6 through 9 are not applicable and therefore omitted.

ITEM 5.07     SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

On March 20, 2014, Granite Falls Energy, LLC (the “Company”) held its 2014 Annual Meeting of Members (the “Annual Meeting”).  Of the Company’s Class A units outstanding and entitled to vote at the Annual Meeting, 18,191 units or 59.4% were present either in person or by proxy.  As a result, a quorum was present to conduct business at the Annual Meeting. 
 
The following describes the matters considered by the Company’s members at the Annual Meeting, as well as the final results of the votes cast at the meeting.

Proposal One: Advisory Vote To Approve Executive Compensation (Say-On-Pay)

The compensation of our executives was approved by the members. The votes for Say-On-Pay were as follows:

For
Against
Abstentions
15,945
1,865
381

Proposal Two: Election of Three Governors

The second proposal voted upon by the members at the annual meeting was the election of three governors whose terms were scheduled to expire in 2014. There were six nominees for the three governor positions. Kenton Johnson, Michael Lund, and Bruce LaVigne were elected by a plurality vote of the members to serve terms which will expire the 2017 annual meeting of members or until their respective successors are elected and shall qualify, or their earlier death, resignation or removal. 
The voting results were as follows:

Name
 
Votes For
 
Withheld/Abstentions
Kenton Johnson
 
13,629

 
393

Shannon Johnson
 
4,997

 
393

Julie Oftedahl-Volstad
 
7,571

 
393

Michael Lund
 
8,241

 
393

Bruce LaVigne
 
7,842

 
393

Clifton Gipp
 
901

 
393



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.

 
GRANITE FALLS ENERGY, LLC
 
 
Date:
March 24, 2014
 
/s/ Stacie Schuler
 
Stacie Schuler, Chief Financial Officer