0001206942-20-000007.txt : 20200220 0001206942-20-000007.hdr.sgml : 20200220 20200220095929 ACCESSION NUMBER: 0001206942-20-000007 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200217 ITEM INFORMATION: Submission of Matters to a Vote of Security Holders ITEM INFORMATION: Other Events FILED AS OF DATE: 20200220 DATE AS OF CHANGE: 20200220 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GOLDEN GRAIN ENERGY CENTRAL INDEX KEY: 0001206942 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] IRS NUMBER: 025075361 STATE OF INCORPORATION: IA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-51177 FILM NUMBER: 20632882 BUSINESS ADDRESS: STREET 1: 1822 43RD STREET SW CITY: MASON CITY STATE: IA ZIP: 50401 BUSINESS PHONE: 641-423-8525 MAIL ADDRESS: STREET 1: 1822 43RD STREET SW CITY: MASON CITY STATE: IA ZIP: 50401 8-K 1 a8-kre2020annualmeetingres.htm 8-KRE 2020 ANNUAL MEETING RESULTS AND DISTRIBUTION Document


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): February 17, 2020

GOLDEN GRAIN ENERGY, LLC
(Exact name of registrant as specified in its charter)
 
Iowa
000-51177
02-05753616
(State or other jurisdiction of incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)
 
 
1822 43rd St. SW, Mason City, IA
50401
 
(Address of principal executive offices)
(Zip Code)
 
(641) 423-8525

(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))

Securities registered pursuant to Section 12(b) of the Act: None
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
 
 
 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company o
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o







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

Golden Grain Energy, LLC (the "Company") held its 2020 annual members meeting on Monday, February 17, 2020, for the purpose of electing two directors to our board of directors and conducting an advisory Say-on-Pay vote. Votes were solicited in person and by proxy.

Proposal One: Director Election

We had three nominees for the two vacant director positions. Jerry Calease and Dustin Petersen were elected for three year terms until our 2023 annual meeting. The voting result for the director election was as follows:
Nominee
 
Votes For
 
Votes Withheld
Jerry Calease
 
6,990,315
 
225,000
Dustin Petersen
 
6,582,889
 
76,000
Reid Weiland
 
2,795,842
 
105,000

Proposal Two: Say-on-Pay

We conducted an advisory vote where our members could either endorse or not endorse our system of compensating our executive officers called a "Say-on-Pay" vote. Our members voted to endorse our system of compensating our executive officers. The voting results for the Say-on-Pay vote were as follows:
For
 
Against
 
Abstain
8,955,482
 
214,916
 
540,750

Item 8.01 Other Events

On February 17, 2020, the Company's board of directors declared a distribution of $0.10 per membership unit for members of record as of February 17, 2020. The total amount of the distribution was $1,987,300. The Company anticipates paying the distribution in February 2020.

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.

 
GOLDEN GRAIN ENERGY, LLC
 
 
Date: February 20, 2020
/s/ Christine Marchand
 
Christine Marchand
 
Chief Financial Officer
 
(Principal Financial Officer)