0001193125-19-119592.txt : 20190425 0001193125-19-119592.hdr.sgml : 20190425 20190425155856 ACCESSION NUMBER: 0001193125-19-119592 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190424 ITEM INFORMATION: Submission of Matters to a Vote of Security Holders FILED AS OF DATE: 20190425 DATE AS OF CHANGE: 20190425 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PEOPLES FINANCIAL CORP /MS/ CENTRAL INDEX KEY: 0000770460 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 640709834 STATE OF INCORPORATION: MS FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12103 FILM NUMBER: 19767358 BUSINESS ADDRESS: STREET 1: 152 LAMEUSE STREET STREET 2: P O BOX 529 CITY: BILOXI STATE: MS ZIP: 39530 BUSINESS PHONE: 2284355511 MAIL ADDRESS: STREET 1: P O BOX 529 CITY: BILOXI STATE: MS ZIP: 39533-0529 8-K 1 d738341d8k.htm FORM 8-K Form 8-K

 

 

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) April 24, 2019

 

 

PEOPLES FINANCIAL CORPORATION

(Exact Name of Registrant as Specified in its Charter)

 

 

 

Mississippi
(State or Other Jurisdiction of Incorporation)

 

001-12103   64-0709834
(Commission File Number)   (IRS Employer Identification No.)
152 Lameuse Street Biloxi, MS   39530
(Address of Principal Executive Offices)   (Zip Code)

(228) 435-5511

(Registrant’s Telephone Number, Including Area Code)

(Former Name or Former Address, if Changed Since Last Report)

 

 

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 Instructions A.2 below):

 

☐

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))

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 of Peoples Financial Corporation was held on April 24, 2019. There were 4,943,186 shares entitled to vote at the Annual Meeting. Except in the election of directors, each share of common stock entitles the holder thereof to one vote on each matter presented at the Annual Meeting. In the election of directors, each shareholder may vote his shares cumulatively by multiplying the number of shares he is entitled to vote by the number of directors to be elected. The matters voted upon and the results of the vote were:

 

  (a)

Election of six directors to hold office for a term of one year:

 

     Approve      Disapprove      Abstain      Not Voted          Outstanding  

Drew Allen

      2,992,890.105        153,586.564        640,175.542        1,156,533.789      (1)     4,943,186.000  

Rex E. Kelly

      2,980,234.816        153,469.853        652,947.542        1,156,533.789      (1)     4,943,186.000  

Dan Magruder

      2,978,832.292        153,650.377        654,169.542        1,156,533.789      (1)     4,943,186.000  

Jeffrey H. O’Keefe

      2,993,071.086        153,405.583        640,175.542        1,156,533.789      (1)     4,943,186.000  

George J. Sliman, III

      3,011,078.086        153,405.583        622,168.542        1,156,533.789      (1)     4,943,186.000  

Chevis C. Swetman

      3,006,063.086        153,405.583        627,183.542        1,156,533.789      (1)     4,943,186.000  

 

(1)

Includes 472,010 broker non-votes.

 

  (b)

Appointment of Porter Keadle Moore, LLC as the independent public accountants:

 

Approve

      4,070,960.107  

Disapprove

      78,334.562  

Abstain

      109,367.542  

Not Voted

      684,523.789  
  

 

 

  

Total Shares Outstanding

      4,943,186.000  
  

 

 

  

 

  (c)

Advisory (non-binding) proposal to approve compensation of the named executive officers as set forth under the heading “Compensation of Directors and Executive Officers”:

 

Approve

      3,403,422.384  

Disapprove

      322,590.756  

Abstain

      60,639.071  

Not Voted (1)

      1,156,533.789  
  

 

 

  

Total Shares Outstanding

      4,943,186.000  
  

 

 

  

 

(1)

Includes 472,010 broker non-votes.

  (d)

Advisory (non-binding) resolution that, with regard to frequency of a non-binding shareholder vote to approve the compensation of the named executive officers of the Company, such non-binding shareholder vote will occur every 1, 2 or 3 years:

 

One year

      1,381,895.120  

Two years

      35,560.347  

Three years

      2,298,248.158  

Abstain

      70,948,586  

Not Voted (1)

      1,156,533,789  
  

 

 

  

Total Shares Outstanding

      4,943,186.000  
  

 

 

  

 

(1)

Includes 472,010 broker non-votes.

 

  (e)

Transaction of other business:

 

Approve

      3,426,789.102  

Disapprove

      340,701.583  

Abstain

      19,161.526  

Not Voted (1)

      1,156,533.789  
  

 

 

  

Total Shares Outstanding

      4,943,186.000  
  

 

 

  

 

(1)

Includes 472,010 broker non-votes.

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.

Dated: April 25, 2019

 

PEOPLES FINANCIAL CORPORATION
By:  

/s/ Chevis C. Swetman

  Chevis C. Swetman
  Chairman, President and CEO