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): September 24, 2020
BOWL AMERICA INCORPORATED
(Exact name of registrant as specified in its charter)
Maryland | 01-7829 | 54-0646173 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
6446 Edsall Road, Alexandria, VA 22312
(Address of principal executive offices, including zip code)
(703) 941-6300
(Registrant’s telephone number, including area code)
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))
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. ☐
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
Class A Common stock (par value $.10) | BWL-A | NYSE American |
Item 5.02(d): Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 24, 2020, the Board of Directors of Bowl America Incorporated (the “Company”) appointed Gloria M. Bragg to be a director on the Board, effective immediately.
Ms. Bragg, age 56, is a senior executive currently serving as the Chief Financial Officer of Trademasters Services Inc., a position she has held since February 2019. Prior to that time, Ms. Bragg served as Vice President – Business Servicing Officer of BB&T Bank from October 1991 through February 2019.
Ms. Bragg is independent under the rules of the New York Stock Exchange American market. There are no family relationships between Ms. Bragg and any director or other executive officer of the Company nor are there any transactions between Ms. Bragg or any member of her immediate family and the Company or any of its subsidiaries that would be reportable as a related party transaction. Further, there is no arrangement or understanding between Ms. Bragg and any other persons or entities pursuant to which Ms. Bragg was appointed as a director of the 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.
| BOWL AMERICA INCORPORATED | |
| | | |
| | | |
Date: September 28, 2020 | By: | /s/ Cheryl A. Dragoo | |
| | Cheryl A. Dragoo | |
| | President and Chief Executive Officer | |
