ISDR Blueprint iXBRL Document
0000718413
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0000718413
2020-10-06
2020-10-06
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
October
6, 2020
(Date
of Report - Date of earliest event reported on)
COMMUNITY
BANCORP /VT
(Exact
name of Registrant as Specified in its Charter)
|
Vermont
|
000-16435
|
03-0284070
|
|
(State
of Incorporation)
|
(Commission
File Number)
|
(IRS
Employer Identification No.)
|
|
4811 US
Route 5, Derby, Vermont
|
05829
|
|
(Address
of Principal Executive Offices)
|
(Zip
Code)
|
Registrant's
Telephone Number: (802) 334-7915
Not Applicable
(Former
name, 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:
☐ Written communications pursuant to Rule 425 under
the Securities Act (17CFR 203.425)
☐ 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))
Securities
registered pursuant to Section 12(b) of the Act: NONE
|
Title
of Each Class
|
Trading
Symbol(s)
|
Name of
each exchange on which registered
|
|
|
(Not
Applicable)
|
|
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. ☐
Item 5.07. Submission of Matters to a Vote of Security
Holders
The
following matters were submitted to a vote of security holders, at
the Annual Meeting of Shareholders of Community Bancorp. on October
6, 2020:
Proposal
1.
To elect five
directors to serve until the Annual Meeting of Shareholders in
2023;
Proposal
2.
To ratify the
selection of the independent registered public accounting firm of
Berry Dunn McNeil & Parker, LLC (“BerryDunn”) as
the Corporation’s external auditors for the fiscal year
ending December 31, 2020.
As of
August 12, 2020, the record date for the Annual Meeting, there were
5,278,785 shares of the Company’s $2.50 par value common
stock outstanding, and each share was entitled to one vote on all
matters submitted to the shareholders for vote at the
meeting.
The
vote results are as follows:
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|
|
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AUTHORITY
|
|
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WITHHELD/
|
BROKER
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MATTER
|
FOR
|
AGAINST
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ABSTAIN
|
NON-VOTE
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|
Proposal 1.
Election of Directors:
|
|
|
|
|
|
Thomas
E. Adams
|
2,212,374
|
N/A
|
68,461
|
925,099
|
|
Jacques
R. Couture
|
2,187,010
|
N/A
|
93,825
|
925,099
|
|
Emma
L. Marvin
|
2,256,108
|
N/A
|
24,727
|
925,099
|
|
Dorothy
R. Mitchell
|
2,215,096
|
N/A
|
65,739
|
925,099
|
|
James
G. Wheeler Jr.
|
1,936,983
|
N/A
|
343,852
|
925,099
|
|
|
|
|
|
|
|
Proposal 2.
Selection of External Auditors:
|
|
|
|
|
|
BerryDunn
|
3,172,141
|
3,198
|
30,595
|
0
|
In
accordance with section 3.02 of the Company’s Bylaws, each of
the directors was elected, having received the affirmative vote of
at least a majority of the shares represented at the meeting and
entitled to vote. Proposal 2 was approved, with more votes cast
"FOR" than "AGAINST".
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.
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|
COMMUNITY
BANCORP.
|
|
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DATED:
October 6, 2020
|
/s/
Kathryn M. Austin
|
|
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Kathryn
M. Austin, President &
|
|
|
|
Chief
Executive Officer
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|