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
Date of Report (Date of earliest event reported): May 12, 2022 (
(Exact Name of Registrant as Specified in Charter)
| (State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
(Addresses of Principal Executive Offices, including Zip Code)
(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:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| 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:
| 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
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. ☐
| Item 5.07. | Submission of Matters to a Vote of Security Holders |
The Annual Meeting of Shareholders (the “Annual Meeting”) of Auburn National Bancorporation, Inc. (the “Company”) was held on May 10, 2022. This meeting was held for the purpose of considering the election of 9 directors to the Board of Directors to serve one-year terms expiring at the Company’s 2023 Annual Meeting of Shareholders and until their successors have been elected and qualified. As to the election of 9 directors, C. Wayne Alderman, Terry W. Andrus, J. Tutt Barrett, Laura J. Cooper, Robert W. Dumas, William F. Ham, Jr., David E. Housel, Anne M. May, and Edward Lee Spencer, III were all elected to the Board of Directors. In addition, at the Annual Meeting, the shareholders (i) approved, on a non-binding, advisory basis, the compensation of the Company’s “named executive officers” as disclosed in the Proxy Statement, and (ii) ratified the appointment of Elliott Davis LLC as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2022.
The final voting results of the director elections, approval of compensation for the Company’s “named executive officers” and ratification of the independent public accounting firm, which were described in more detail in the Proxy Statement, are set forth below.
| 1. | Each director was elected by the following tabulation: |
| Director |
Votes For |
Withheld |
Broker Non-Votes | |||
| C. Wayne Alderman |
1,618,719 | 6,299 | 751,322 | |||
| Terry W. Andrus |
1,572,736 | 52,282 | 751,322 | |||
| J. Tutt Barrett |
1,590,228 | 34,790 | 751,322 | |||
| Laura J. Cooper |
1,613,001 | 12,017 | 751,322 | |||
| Robert W. Dumas |
1,616,138 | 8,880 | 751,322 | |||
| William F. Ham, Jr. |
1,606,908 | 18,110 | 751,322 | |||
| David E. Housel |
1,616,220 | 8,798 | 751,322 | |||
| Anne M. May |
1,583,728 | 41,290 | 751,322 | |||
| Edward Lee Spencer, III |
1,623,360 | 1,658 | 751,322 |
| 2. | The non-binding, advisory vote on the compensation of the Company’s “named executive officers” as disclosed in the proxy statement was approved by the following tabulation: |
| For |
Against |
Abstain |
Broker Non-Votes | |||
| 1,601,979 |
13,482 | 9,557 | 751,322 |
| 3. | Ratification of the appointment of Elliott Davis LLC as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2022 was approved and accordingly ratified by the following tabulations: |
| For |
Against |
Abstain | ||
| 2,359,816 |
5,229 | 11,295 |
SIGNATURE
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.
| AUBURN NATIONAL BANCORPORATION, INC. |
| (Registrant) |
| /s/ Robert W. Dumas |
| Robert W. Dumas |
| Chairman, President and CEO |
Date: May 12, 2022
Document and Entity Information |
May 10, 2022 |
|---|---|
| Cover [Abstract] | |
| Entity Registrant Name | AUBURN NATIONAL BANCORPORATION, INC |
| Amendment Flag | false |
| Entity Central Index Key | 0000750574 |
| Document Type | 8-K |
| Document Period End Date | May 10, 2022 |
| Entity Incorporation State Country Code | DE |
| Entity File Number | 0-26486 |
| Entity Tax Identification Number | 63-0885779 |
| Entity Address, Address Line One | 100 North Gay Street |
| Entity Address, Address Line Two | P.O. Drawer 3110 |
| Entity Address, City or Town | Auburn |
| Entity Address, State or Province | AL |
| Entity Address, Postal Zip Code | 36831-3110 |
| City Area Code | (334) |
| Local Phone Number | 821-9200 |
| Written Communications | false |
| Soliciting Material | false |
| Pre Commencement Tender Offer | false |
| Pre Commencement Issuer Tender Offer | false |
| Security 12b Title | Common Stock, par value $0.01 |
| Trading Symbol | AUBN |
| Security Exchange Name | NASDAQ |
| Entity Emerging Growth Company | false |