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    Willamette Valley Vineyards Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

    7/16/24 3:10:02 PM ET
    $WVVI
    Beverages (Production/Distribution)
    Consumer Staples
    Get the next $WVVI alert in real time by email
    Willamette Valley Vineyards, Inc. Form 8-K
    false 0000838875 WILLAMETTE VALLEY VINEYARDS INC 0000838875 2024-07-13 2024-07-13 0000838875 us-gaap:CommonStockMember 2024-07-13 2024-07-13 0000838875 us-gaap:PreferredStockMember 2024-07-13 2024-07-13 iso4217:USD xbrli:shares iso4217:USD xbrli:shares
    false 0000838875 WILLAMETTE VALLEY VINEYARDS INC 0000838875 2024-07-13 2024-07-13 0000838875 us-gaap:CommonStockMember 2024-07-13 2024-07-13 0000838875 WVVI:SeriesRedeemablePreferredStockMember 2024-07-13 2024-07-13 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 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): July 13, 2024

     

    Willamette Valley Vineyards, Inc.

    (Exact name of Company as specified in its charter)

     

    Oregon 001-37610 93-0981021

    (State or other

    jurisdiction of

    incorporation)

    (Commission File No.)

     

      

    (I.R.S. Employer

    Identification No.)

      

     

    8800 Enchanted Way SE

    Turner, OR 97392

    (Address of principal executive offices)

     

    (503) 588-9463

    Registrant’s telephone number, including area code

     

    Not Applicable

    (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:

     

      ¨ 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
     Common Stock,   WVVI   NASDAQ Capital Market
     Series A Redeemable Preferred Stock   WVVIP   NASDAQ Capital Market

     

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). 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

     

    Annual Meeting of Shareholders

     

    The 2024 Annual Meeting of Shareholders (the “Annual Meeting”) of Willamette Valley Vineyards, Inc. (the “Company”) was held virtually on July 13, 2024 from Turner, Oregon. A total of 2,600,869 shares of Common Stock, representing approximately 52.4% of the shares outstanding and eligible to vote and constituting a quorum, were represented in person or by valid proxies at the Annual Meeting. The final results for each of the matters submitted to a vote of shareholders at the Annual Meeting are as follows:

     

    Proposal 1 – Election of Directors:

     

    All of the nominees for director were elected to serve until the Company’s Annual Meeting in the indicated years with the respective votes set forth opposite their names:

     

        Year   Votes Cast For   Votes Witheld
        Term     % of     % of
    Nominees for Director   Ends   Number Votes Cast   Number Votes Cast
    Craig Smith   2027   1,415,364 88.37%   186,287 11.63%
    Stan Turel   2027   1,381,618 86.26%   220,033 13.74%
    Sarah Rose   2027   1,359,170 84.86%   242,481 15.14%

     

     

    Proposal 2 – Ratification of Appointment of Independent Auditors:

     

    The shareholders ratified the appointment of Moss Adams LLP as independent auditors for the 2024 fiscal year by the votes set forth in the following table:

      

    Votes Cast For   Votes Cast Against   Abstain    
      % of     % of     % of   Broker
    Number Votes Cast   Number Votes Cast   Number Votes Cast   Non-Votes
    2,546,096 97.89%   16,887 0.65%   37,886 1.46%   0

     

     

     

      

    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.

     

      WILLAMETTE VALLEY VINEYARDS, INC.
         
     Date:  July 16, 2024 By: /s/  JAMES W. BERNAU  
         
        James W. Bernau
        President

     

     

     

     

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