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 2 1 , 20 1 9

 

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 73116-90 37

(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 5.0 7 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 8.0 1 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

 

2

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