BANK OF THE JAMES FINANCIAL GROUP, INC. (NASDAQ:BOTJ) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07
(a) On May 19, 2020, Bank of the James Financial Group, Inc. (the Company) held its Annual Meeting of Shareholders for which the board of directors solicited proxies.
(b) As of March 24, 2020, the record date for the determination of the shareholders entitled to notice of, and to vote at, the Annual Meeting, there were 4,339,436 shares of common stock outstanding and eligible to vote. 3,470,418 shares, or approximately 79.97% of the outstanding shares, were represented at the meeting in person or by proxy.
At the Annual Meeting, the shareholders of the Company voted on the following matters as described in the Companys Proxy Statement dated April 13, 2020:
Proposal No. 1. The Companys shareholders elected four (4) Group Two directors to serve on the board of directors for a three-year term to expire at the Companys 2023 annual meeting of shareholders, as set forth below:
(a) Financial Statements of Business Acquired – not applicable
(b) Pro Forma Financial Information – not applicable
(c) Shell Company Transactions – not applicable
(d) Exhibits – not applicable
About BANK OF THE JAMES FINANCIAL GROUP, INC. (NASDAQ:BOTJ)
Bank of the James Financial Group, Inc. is a bank holding company for Bank of the James (Bank). The Bank is a Virginia banking corporation engaged in general retail and commercial banking business. The Company conducts two principal activities: general retail and commercial banking through the Bank and mortgage origination services through Bank of the James Mortgage, a division of the Bank. In addition, the Company provides securities brokerage services through BOTJ Investment, a division of the Bank and acts as an agent for insurance and annuity products through BOTJ Insurance, Inc. (BOTJ Insurance), a subsidiary of the Bank. Other services offered by the Bank include safe deposit boxes, traveler’s checks, direct deposit of payroll and social security checks, automatic drafts for various accounts, treasury management services and credit card merchant services. It also provides brokerage and investment services through the Bank’s Investment division.