8K for Annual Meeting Voting Results 2016

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 18,  2016





LAKE SHORE BANCORP, inc.

(Exact name of registrant as specified in its charter)





 

 

 

 

United States

 

000-51821

 

20-4729288

 (State or other jurisdiction of incorporation)

 

(Commission File Number)

 

(IRS Employer Identification No.)



31 East Fourth Street, Dunkirk, NY 14048

(Address of principal executive offices) (Zip Code)



Registrant's telephone number, including area code: (716) 366-4070



Not Applicable

(Former name or 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 (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 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4(c))




 

Item 5.07Submission of Matters to a Vote of Security Holders.



On May 18,  2016, Lake Shore Bancorp, Inc. (the “Company”) held its Annual Meeting of Shareholders, at which time shareholders were asked to consider three proposals, as follows:



1.

To elect three (3) directors to the Board of Directors of the Company for a three year term expiring in 2019;  



2.

To approve, on an advisory basis, a non-binding resolution regarding the compensation of our named executive officers;



3.

To ratify the appointment of Baker Tilly Virchow Krause, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2016.



The shareholders elected the directors to the term stated above, approved the non-binding resolution regarding the compensation of our named executive officers and ratified the appointment of Baker Tilly Virchow Krause, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2016.  



The vote tabulation was as follows:



1.

Election of three (3) directors to serve on the Board of Directors of the Company for a three-year term expiring in 2019.





 

 

 



Votes For

Votes Withheld

Broker Non-Votes

Tracy S. Bennett  (2019)

4,961,353

172,018

658,840

Sharon E. Brautigam  (2019)

4,962,230

171,141

658,840

Kevin M. Sanvidge  (2019)

4,718,919

414,452

658,840



2.

To approve, on an advisory basis, a non-binding resolution regarding the compensation of our named executive officers.





 

 

 

 



Votes For

Votes Against

Votes Abstained

Broker Non-Votes

Number of votes

4,928,613

166,289

38,469

658,840





3.

To ratify the appointment of Baker Tilly Virchow Krause, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2016.



 

 

 

 

 



 

 

 

 

 



 

 

 

 

 



 

 

 

 

 

Votes For

Votes Against

Votes Abstained

5,763,194

27,765

1,252




 









SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



 

LAKE SHORE BANCORP, inc.

By:

/s/ Rachel A. Foley

Name:

Rachel A. Foley

Title:

Chief Financial Officer









Date: May 19,  2016