0001437749-19-011731.txt : 20190611 0001437749-19-011731.hdr.sgml : 20190611 20190610174646 ACCESSION NUMBER: 0001437749-19-011731 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190521 ITEM INFORMATION: Submission of Matters to a Vote of Security Holders ITEM INFORMATION: Other Events FILED AS OF DATE: 20190611 DATE AS OF CHANGE: 20190610 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RESERVE PETROLEUM CO CENTRAL INDEX KEY: 0000083350 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 730237060 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-08157 FILM NUMBER: 19889471 BUSINESS ADDRESS: STREET 1: 6801 N BROADWAY STE 300 CITY: OKLAHOMA CITY STATE: OK ZIP: 73116-9092 BUSINESS PHONE: 4058487551 MAIL ADDRESS: STREET 1: 6801 NORTH BROADWAY STREET 2: SUITE 300 CITY: OKLAHOMA STATE: OK ZIP: 73116-9092 FORMER COMPANY: FORMER CONFORMED NAME: FARMERS ROYALTY HOLDING CO DATE OF NAME CHANGE: 19751015 8-K 1 rsrv20190610_8k.htm FORM 8-K rsrv20190610_8k.htm

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 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): May 21, 2019

 

Commission File Number 000-8157

 

THE RESERVE PETROLEUM COMPANY

(Exact name of registrant as specified in its charter)

 

DELAWARE 73-0237060
(State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.)

 

 

6801 Broadway Ext., Suite 300

Oklahoma City, Oklahoma 73116-9037

(405) 848-7551

 

(Address and telephone number, including area code, of registrant’s principal executive offices)

 

 

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 Instruction 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 13c-4(c) under the Exchange Act (17 CFR 240.13c-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 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.  ☐

 

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

    

 

 
 

 

Item 5.07 Submission of Matters to a Vote of Security Holders

 

(a) Annual Meeting. On May 21, 2019, The Reserve Petroleum Company (the “Company”) held its 2019 Annual Meeting of Stockholders.

 

(b) Matters Voted Upon; Voting Results. The following matters were submitted for a vote of the Company’s stockholders:

 

1. – Election of Nine Directors        

 

                 

Broker
 

Nominee

  

For

  

Against

  

Abstentions

  

Non-votes
                   
 

James L. Tyler

  

98,240

  

136

  

---

  

12,500
 

Robert L. Savage

  

95,803

  

2567

  

---

  

12,500
 

Marvin E. Harris, Jr.

  

98,334

  

647

  

---

  

12,500
 

Jerry L. Crow

  

98,340

  

647

  

---

  

12,500
 

William M.(Bill) Smith

  

98,334

  

647

  

---

  

12,500
 

Doug S. Fuller

  

98,334

  

649

  

---

  

12,500
 

Cameron R. McLain

  

98,139

  

237

  

---

  

12,500
 

Kyle McLain

  

98,139

  

1,898

  

---

  

12,500

 

2. – Ratification of the Selection of HoganTaylor LLP as the Company’s Independent Registered Public Accountants for 2019 110,527 287 62 ---
           
3. – Advisory Resolution to Approve Executive Compensation 92,811 691 4,874 12,500

 

All eight nominated Directors were elected to serve for terms of one year each and the selection of HoganTaylor LLP as the Company’s Independent Registered Public Accountants for 2019 was ratified. In addition, the stockholders approved, on an advisory basis, a resolution with respect to executive compensation.

 

For additional information on these proposals, please see the Company’s definitive proxy statement filed with the Securities and Exchange Commission on April 18, 2019.

 

 

 

Item 8.01 Other Events 

 

On May 21, 2019, the Company’s Board of Directors approved a $7.00 per share cash dividend to be paid June 18, 2019 to the Company’s common stockholders of record at the close of business on June 5, 2019.

 

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.

 

 

/s/ Cameron R. McLain

Cameron R. McLain

Principal Executive Officer

 

Date: June 10, 2019

 

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