BANK OF THE JAMES FINANCIAL GROUP, INC. (NASDAQ:BOTJ) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07
|
Submission of Matters to a Vote of Security Holders |
(a)On May16, 2017, 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 March21, 2017, the record date for the determination of
the shareholders entitled to notice of, and to vote at, the
Annual Meeting, there were 4,378,436 shares of common stock
outstanding and eligible to vote. 3,383,013 shares, or
approximately 77.26% 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 Proxy Statement dated
April10, 2017:
Proposal No.1.The Companys shareholders elected two
(2)Group One directors to serve on the board of directors for a
two year term to expire at the Companys 2019 annual meeting of
shareholders, and four (4)Group Two directors to serve on the
board of directors for a three year term to expire at the
Companys 2020 annual meeting of shareholders, as set forth below:
|
Name |
Group | VotesFor | Withheld Votes | Broker Non-Votes | ||||||||||
|
A. Douglas Dalton III |
One | 2,321,607 | 27,044 | 1,034,362 | ||||||||||
|
Phillip C. Jamerson |
One | 2,321,318 | 27,333 | 1,034,362 | ||||||||||
|
Robert R. Chapman III |
Two | 2,316,470 | 32,181 | 1,034,362 | ||||||||||
|
Julie P. Doyle |
Two | 2,321,495 | 27,156 | 1,034,362 | ||||||||||
|
Lydia K. Langley |
Two | 2,325,993 | 22,658 | 1,034,362 | ||||||||||
|
Augustus A. Petticolas, Jr. |
Two | 1,894,281 | 454,370 | 1,034,362 |
Proposal No.2.The Companys shareholders ratified
the appointment of Yount, Hyde Barbour, P.C., of Winchester,
Virginia, as the Companys independent registered public
accounting firm for the year ending December31, 2017, as set
forth below:
|
VotesFor |
VotesAgainst | Abstentions | Broker Non-Votes | |||||||||
|
3,371,195 |
7,767 | 4,051 |
Proposal No.3.The Companys shareholders approved
the non-binding,
advisory resolution approving the compensation of the Companys
named executive officers as disclosed in the Proxy Statement to
the compensation disclosure rules of the SEC, as set forth
below:
|
VotesFor |
VotesAgainst | Abstentions | Broker Non-Votes | |||||||||
|
2,189,771 |
48,661 | 110,219 | 1,034,362 |
The voting results
for each proposal are the final voting results.
(c)Not
applicable.
2
(d)Not
applicable.
| Item9.01 | Financial Statements and Exhibits |
(a)Financial
Statements of Business Acquirednot applicable
(b) Pro Forma
Financial Informationnot applicable
(c)Shell Company
Transactionsnot applicable
(d)Exhibitsnot
applicable
3
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. BANK OF THE JAMES FINANCIAL GROUP, INC. (NASDAQ:BOTJ) Recent Trading Information
BANK OF THE JAMES FINANCIAL GROUP, INC. (NASDAQ:BOTJ) closed its last trading session 00.00 at 15.00 with 3,770 shares trading hands.