Shareholder Vote

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) March 10, 2021     BASSETT FURNITURE INDUSTRIES, INCORPORATED (Exact name of registrant as specified in its charter)     Virginia   000-00209   54-0135270 (State or other jurisdiction of incorporation or organization)   (Commission File No.)   (I.R.S. Employer Identification No.)   3525 Fiarystone Park Highway Bassett , Virginia   24055 (Address of principal executive offices)   (Zip Code)   Registrant ’ s telephone number, including area code ( 276 ) 629-6000   (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   Name of exchange on which registered Common Stock ($5.00 par value)   BSET   NASDAQ   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 Company’s 2021 annual meeting of shareholders was held on March 10, 2021. As of the record date for the meeting, the Company had 9,949,314 of common stock outstanding, each of which is entitled to one vote. According to the final voting results, all director nominees were elected.   The voting tabulation was as follows:     Nominee   Votes For     Votes Withheld     Votes Abstain     Broker Non- Vote                                     Emma S. Battle     5,507,113       159,540       -       1,828,050   John R. Belk     5,512,153       154,500       -       1,828,050   Kristina Cashman     5,229,691       436,962       -       1,828,050   Virginia W. Hamlet     5,506,480       160,173       -       1,828,050   J. Walter McDowell     5,511,544       155,109       -       1,828,050   Robert H. Spilman, Jr.     5,232,996       433,657       -       1,828,050   William C. Wampler, Jr.     5,222,737       433,916       -       1,828,050   William C. Warden, Jr.     5,201,358       465,295       -       1,828,050     At the annual meeting, the shareholders also voted on three proposals:     1. Ratification of Ernst & Young LLP as the Company’s Independent Registered Public Accounting Firm.   The final tabulation was as follows:   Proposal   Votes For     Votes Against     Votes Abstain     Broker Non- Vote                                     Ratification of Ernst & Young LLP     7,225,267       267,920       1,515       -       2. To consider and act on an advisory vote regarding the approval of the compensation paid to certain executive officers.   The final tabulation was as follows: Proposal   Votes For     Votes Against     Votes Abstain     Broker Non- Vote                                     Approval of Officer Compensation     5,577,954       79,390       9,307       1,828,052       3. A proposal to approve the Company’s 2021 Stock Incentive Plan.   The final tabulation was as follows: Proposal   Votes For     Votes Against     Votes Abstain     Broker Non- Vote                                     Approval of Stock Incentive Plan     5,380,423       277,342       8,887       -     Item 9.01. Financial Statements and Exhibits.   (d) Exhibits   104         Cover Page Interactive Data File (embedded within the inline XBRL document         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.   BASSETT FURNITURE INDUSTRIES, INCORPORATED Date: March 11, 2021 By: /s/  J. Michael Daniel J. Michael Daniel Title: Senior Vice President - Chief Financial Officer