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):  December 22, 2020

AMCON DISTRIBUTING COMPANY
(Exact name of registrant as specified in its charter)

 Delaware
 1-15589
 47-0702918
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)

 
7405 Irvington Road, Omaha NE 68122
(Address of principal executive offices and zip code)
 
Registrant’s telephone number, including area code: 402-331-3727
 
 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 (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 13e-4(c) under The Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:

Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, $0.01 par value
DIT
NYSE American

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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.

AMCON Distributing Company held its annual meeting of stockholders on Tuesday, December 22, 2020, at which meeting our stockholders voted upon the following matters:
•
The election of three Class III directors to hold office for a three-year term expiring at our annual meeting of stockholders following our 2023 fiscal year, and until their respective successors are duly elected and qualified or until their respective earlier resignation or removal; and
•
The ratification and approval of the selection of RSM US LLP as our independent registered public accounting firm for our 2021 fiscal year.
Election of Directors
At the annual meeting, John R. Loyack, Timothy R. Pestotnik and Andrew C. Plummer each was elected as a Class III director. The following is a summary of the votes cast at the annual meeting with respect to the election of directors:
Name
Votes in Favor
Votes Withheld
John R. Loyack
453,413
12,839
Timothy R. Pestotnik
452,911
13,341
Andrew C. Plummer
454,737
11,515

There were 39,272 broker non-votes with respect to this matter.
In addition to the three Class III directors elected at the annual meeting, the persons continuing their term of office as members of our board of directors are:
Class I Directors (term to expire at the annual meeting following our 2021 fiscal year)
Jeremy W. Hobbs
Stanley Mayer
 
Class II Directors (term to expire at the annual meeting following our 2022 fiscal year)
Christopher H. Atayan
Raymond F. Bentele
 
Ratification and Approval of Independent Registered Public Accounting Firm
At the annual meeting, the selection of RSM US LLP as our independent registered public accounting firm for our 2021 fiscal year was ratified and approved.  The following is a summary of the votes cast at the annual meeting with respect to this matter:
 
Votes in Favor
Votes Against
Votes Abstaining
Ratification and approval of the selection of RSM US LLP
502,259
2,346
919

There were no broker non-votes with respect to this matter.

Additional information regarding the matters voted on at the annual meeting is contained in our proxy statement dated November 17, 2020.
* * *
Item 8.01 Other Events.

On December 22, 2020, the board of directors of AMCON Distributing Company declared a cash dividend of $5.00 per common share.  This cash dividend is payable on January 12, 2021 to shareholders of record as of January 4, 2021.
A press release announcing the dividend is set forth in Exhibit 99.1 of this report.
* * *
Item 9.01 Financial Statements and Exhibits.
 
Exhibit
No.

Description
   
99.1
Press release, dated December 22, 2020, issued by AMCON Distributing Company.
   

* * *

 
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.
 
 
  AMCOM DISTRIBUTING COMPANY
 
       
Dated: December 22, 2020
By:
/s/ Charles J. Schmaderer  
    Charles J. Schmaderer
 
    Vice President, Chief Financial Officer and Secretary
 
 
 
 
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