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 14, 2017
CARDINAL ETHANOL, LLC | |||
(Exact name of small business issuer as specified in its charter) | |||
Indiana | 000-53036 | 20-2327916 | |
(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) | |
1554 N. County Road 600 E, Union City, IN | 47390 | ||
(Address of principal executive offices) | (Zip Code) | ||
(765)-964-3137 | |||
(Issuer's telephone number) | |||
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)) |
Item 5.07 Submission of Matters to a Vote of Security Holders.
Results of 2017 Annual Meeting
On February 14, 2017, Cardinal Ethanol, LLC (the "Company") held its 2017 annual members’ meeting (“2017 Annual Meeting”) to vote on the election of three directors, to conduct an advisory vote on executive compensation called “Say-on-Pay” and to conduct an advisory vote on the frequency of Say-on-Pay.
Proposal One: Election of Directors
Ralph Brumbaugh, Thomas Chronister and Steven Snider were elected by a plurality vote of the members to serve terms which will expire in 2020. The votes for the nominees were as follows:
Nominee Directors | For | Withheld/Abstentions |
Ralph Brumbaugh | 6,082 | 383 |
Thomas Chronister | 5,960 | 505 |
Steven Snider | 6,057 | 408 |
Proposal Two: Advisory Approval of Executive Compensation
The compensation of the Company's executives was approved by the members. The votes were as follows:
For | Against | Abstentions | ||
7,699 | 256 | 296 | ||
Proposal Three: Advisory Approval of the Frequency of Say-On-Pay
The members voted to hold votes on the compensation of the Company's executives every year. The Company will include an advisory vote on the compensation of executives every year until the next advisory vote on frequency is held. The votes were as follows:
Every Year | Every Two Years | Every Three Years | Abstentions | |||
7,578 | 310 | 188 | 175 | |||
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.
CARDINAL ETHANOL, LLC | |
Date: February 15, 2017 | /s/ William Dartt |
William Dartt, Chief Financial Officer | |
(Principal Financial Officer) | |