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 23, 2020

 

PEOPLES FINANCIAL CORPORATION

(Exact Name of Registrant as Specified in its Charter)

 

Mississippi

(State or Other Jurisdiction of Incorporation)

 

001-12103

(Commission File Number)

64-0709834

(IRS Employer Identification No.)

   

152 Lameuse Street Biloxi, MS

(Address of Principal Executive Offices)

39530

(Zip Code)

 

(228) 435-5511

(Registrant’s Telephone Number, Including Area Code)

 

 

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

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of each exchange on which registered  
None PFBX None

                                       
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 22, 2020. 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 five directors to hold office for a term of one year:

 

   

Approve

   

Disapprove

   

Abstain

   

Not Voted

   

Outstanding

 

Ronald G. Barnes

    3,153,141.516       549,779.242               1,240,265.242 (1)     4,943,186.000  

Padrick D. Dennis

    3,153,041.516       549,879.242               1,240,265.242 (1)     4,943,186.000  

Jeffrey H. O'Keefe

    3,155,456.516       547,464.242               1,240,265.242 (1)     4,943,186.000  

George J. Sliman, III

    3,153,126.516       549,794.242               1,240,265.242 (1)     4,943,186.000  

Chevis C. Swetman

    2,990,109.790       703,748.968       9,062.000       1,240,265.242 (1)     4,943,186.000  

 

 

(1)

Includes 680,219broker non-votes.

 

 

 

(b)

Appointment of Wipfli LLP as the independent public accountants:

 

Approve

    4,369,394.403  

Disapprove

    12,132.000  

Abstain

    1,613.355  

Not Voted

    560,046.242  

Total Shares Outstanding

    4,943,186.000  

 

 

 

(c)

Transaction of other business:

 

Approve

    2,921,873.317  

Disapprove

    510,231.000  

Abstain

    276,517.441  

Not Voted (1)

    1,234,564.242  

Total Shares Outstanding

    4,943,186.000  

 

 

(1)

Includes 674,518 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 23, 2020

 

  PEOPLES FINANCIAL CORPORATION
   
   
  By: /s/ Chevis C. Swetman
   

Chevis C. Swetman

Chairman, President and CEO