UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 1, 2011
| GRANITE FALLS ENERGY, LLC | |||
| (Exact name of small business issuer as specified in its charter) | |||
| Minnesota | 000-51277 | 41-1997390 | |
| (State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) | |
| 15045 Highway 23 SE, Granite Falls, MN | 56241-0216 | ||
| (Address of principal executive offices) | (Zip Code) | ||
| (320) 564-3100 | |||
| (Issuer's telephone number) | |||
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):
| o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.07 Submission of Matters to a Vote of Security Holders
Results of 2011 Annual Members' Meeting
On March 31, 2011, Granite Falls Energy, LLC (“GFE”) held its 2011 annual members' meeting (“Annual Meeting”) to vote on the election of two governors whose terms were scheduled to expire in 2011, to conduct an advisory vote on our executive compensation called “Say-on-Pay” and to conduct an advisory vote on the frequency of the Say-on-Pay vote.
Proposal One: Election of Governors
Shannon Johnson and David Thompson were elected by a plurality vote of the members to serve terms which will expire in 2014. The votes for the nominee governors were as follows:
| Nominee Governors | For | |
| Shannon Johnson | 15,334 | |
| David Thompson | 14,761 | |
Proposal Two: Advisory Vote on Say-On-Pay
The compensation of our executives was approved by the members. The votes for Say-On-Pay were as follows:
| For | Against | Abstentions |
| 19,887 | 883 | 153 |
Proposal Three: Advisory Vote on the Frequency of Say-On-Pay Vote
The members voted by a plurality vote to hold the Say-on-Pay vote every three years. The votes were as follows:
| Every year | Every 2 years | Every 3 years | Abstentions |
| 481 | 619 | 19,531 | 292 |
On July 21, 2011, our Board of Governors decided to follow the member advisory vote and hold the Say-on-Pay vote every three years. Therefore, we anticipate that we will next present the Say-on-Pay vote to our members at our 2014 Annual Member Meeting.
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.
| GRANITE FALLS ENERGY, LLC | |||
| Date | July 25, 2011 | /s/ Stacie Schuler | |
| Stacie Schuler, Chief Financial Officer | |||