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FORM 8-K

 

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of Earliest Event Reported) May 17, 2023

 

(Exact name of registrant as specified in its charter)

 

 

                  

 

Registrant’s telephone number, including area code         (775) 786-0907

 

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:

 

 

 

 

 

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

 

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. ☐

 

 

 

 

 

At the Annual Meeting of Shareholders of Plumas Bancorp held on May 17, 2023, the shareholders voted on (i) the election of nine directors for the next year; (ii) the amendment to the Company’s Bylaws eliminating cumulative voting in the election of directors; and (iii) the ratification of the appointment of Eide Bailly, LLP as our independent auditors for the fiscal year ending December 31, 2023. These matters were submitted to a vote through the solicitation of proxies. The results of the votes are set forth below:

 

Proposal #1: Election of Directors

 

The stockholders of the Company elected each of the nine director nominees to serve on the Company’s Board of Directors (the “Board”) for a term to expire at the 2024 Annual Meeting of Stockholders and until their successors are elected and qualified, or until their earlier death, retirement, resignation or removal. The votes on Proposal 1 were as follows:

 

 

Proposal #2: Proposal to Eliminate Cumulative Voting

 

The proposal for the amendment to the Company’s Bylaws eliminating cumulative voting in the election of directors required approval by a majority of shares outstanding. Proposal 2 was approved by a majority of outstanding shares. The voting results were as follows:

 

 

Proposal #3: Ratification of the Appointment of Independent Auditors

 

The stockholders of the Company ratified the appointment of Eide Bailly, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The votes on Proposal 3 were as follows:

 

 

Item 9.01 Exhibits

 

 

 

 

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.