Lake Shore Bancorp Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits
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): |
(Exact name of Registrant as Specified in Its Charter)
(State or Other Jurisdiction |
(Commission File Number) |
(IRS Employer |
||
|
|
|
|
|
|
||||
|
||||
(Address of Principal Executive Offices) |
|
(Zip Code) |
||
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:
Securities registered pursuant to Section 12(b) of the Act:
|
|
Trading |
|
|
|
|
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.
On May 22, 2024, Lake Shore Bancorp, Inc. (the "Company") held its Annual Meeting of Shareholders, at which time shareholders were asked to consider three proposals, as follows:
1. To elect three (3) Class One directors to the Board of Directors of the Company for a three-year term expiring in 2027 and one (1) Class Two director to the Board of Directors of the Company for a one-year term expiring in 2025;
2. To approve, on an advisory basis, a non-binding resolution regarding the compensation of our named executive officers; and
3. To ratify the appointment of Yount, Hyde & Barbour, P.C. as the Company's independent registered public accounting firm for the year ending December 31, 2024.
The shareholders elected the directors to the terms stated above, approved the non-binding resolution regarding the compensation of our named executive officers and ratified the appointment of Yount, Hyde & Barbour, P.C. as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024.
The vote tabulation was as follows:
1. To elect three (3) Class One directors to the Board of Directors of the Company for a three-year term expiring in 2027 and one (1) Class Two director to the Board of Directors of the Company for a one-year term expiring in 2025.
|
Votes For |
|
Votes Withheld |
|
Broker Non-Votes |
|
|||
John P. McGrath (2027) |
|
4,686,172 |
|
|
34,712 |
|
|
375,660 |
|
Ronald J. Passafaro (2027) |
|
4,658,421 |
|
|
62,463 |
|
|
375,660 |
|
Kim C. Liddell (2027) |
|
4,611,212 |
|
|
109,672 |
|
|
375,660 |
|
Ann M. Segarra (2025) |
|
4,679,770 |
|
|
41,114 |
|
|
375,660 |
|
2. To approve, on an advisory basis, a non-binding resolution regarding the compensation of our named executive officers.
|
Votes For |
|
Votes Against |
|
Votes Abstained |
|
Broker Non-Votes |
|
||||
Number of votes |
|
4,568,757 |
|
|
104,455 |
|
|
47,672 |
|
|
375,660 |
|
3. To ratify the appointment of Yount, Hyde & Barbour, P.C. as the Company's independent registered public accounting firm for the year ending December 31, 2024.
|
Votes For |
|
Votes Against |
|
Votes Abstained |
|
|||
Number of votes |
|
5,064,236 |
|
|
22,224 |
|
|
10,084 |
|
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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.
|
|
|
Lake Shore Bancorp, Inc. |
|
|
|
|
Date: |
May 22, 2024 |
By: |
/s/ Taylor M. Gilden |
|
|
|
Taylor M. Gilden, Chief Financial Officer and Treasurer |