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
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Date of Report (Date of Earliest Event Reported): | | September 2, 2021 | |
Federal Home Loan Bank of Des Moines
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(Exact name of registrant as specified in its charter)
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| Federally Chartered Corporation | | 000-51999 | | 42-6000149 | |
| (State or other jurisdiction | | (Commission | | (I.R.S. Employer | |
| of incorporation) | | File Number) | | Identification No.) | |
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| 909 Locust St. | | | | | |
| Des Moines, Iowa | | | | 50309 | |
| (Address of principal executive offices) | | | | (Zip Code) | |
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Registrant's telephone number, including area code: | | 515-412-2100 | |
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| 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))
Securities registered pursuant to Section 12(b) of the Act: | | | | | | | | |
Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
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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 they 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. o
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Board Election to Fill Independent Director Vacancy
Effective August 30, 2021, Edward Garding, Interim Dean of the College of Business at Montana State University, has been elected by the Board of Directors of the Federal Home Loan Bank of Des Moines (“Bank”) to fill the vacancy reported in the Bank’s Current Report on Form 8-K filed with the Securities and Exchange Commission on May 25, 2021. The unexpired term Mr. Garding has been elected to fill ends on December 31, 2023. Mr. Garding will serve on the Board’s Risk and Compliance and Technology committees and receive compensation in accordance with the Bank’s 2021 Director Fee Policy.
For information on director compensation, see “Item 11-Executive Compensation” of the Bank’s 2020 Annual Report. For information on director independence and transactions with related persons, see “Item 13-Certain Relationships and Related Transactions, and Director Independence” of the Bank’s 2020 Annual Report.
Item 7.01 Regulation FD Disclosure.
On September 2, 2021, the Bank issued an announcement to its members concerning Mr. Garding’s election. The announcement is attached as Exhibit 99.1 to this Current Report. The information set forth under Item 5.02 is also furnished pursuant to this Item 7.01.
The information contained in Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
Exhibit Number 104 Cover Page Interactive Data File (embedded within the inline XBRL document)
SIGNATURE
Pursuant to the requirements of the Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| | Federal Home Loan Bank of Des Moines |
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September 2, 2021 | | By: | | /s/ Aaron B. Lee |
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| | | | Name: Aaron B. Lee |
| | | | Title: Senior Vice President, General Counsel and Corporate Secretary |
Exhibit Index
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| Exhibit No. | | Description | |
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| 99.1 | | | |
| 104 | | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |