Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
(e) At the Company's Annual Meeting of Shareholders ("Annual Meeting") of
The foregoing description of the Amended Plan is not complete and is qualified
in its entirety by the complete terms and conditions of the Amended Plan, which
is attached hereto as Exhibit 10.1 and incorporated herein by reference. In
addition, a description of the material terms of the Amended Plan was included
in the Company's definitive proxy statement for the Annual Meeting, which was
filed with the
Item 5.07. Submission of Matters to a Vote of Security Holders.
At the Annual Meeting, the Company's shareholders took the following actions:
(i)The shareholders elected two Class I directors to serve as members of the Company's Board of Directors until the year 2023 Annual Meeting. The shareholders present in person or by proxy cast the following number of votes in connection with the election of directors, resulting in the election of both director nominees:
Nominee Votes For Votes WithheldMatthew A. Kaness 4,883,967 410,546Thomas M. Levine 4,994,714 299,799
(ii)The shareholders approved on an advisory vote to approve the compensation of the Company's named executive officers. There were 4,992,059 votes cast for the proposal; 267,169 votes were cast against the proposal; 35,285 votes abstained; and there were 0 broker non-votes.
(iii)The shareholders approved an amendment to the Company's Amended Plan to increase the number of shares of common stock reserved for issuance from 700,000 to 950,000 as discussed in item 5.02 above. There were 3,557,577 votes cast for the proposal; 1,588,184 votes were cast against the proposal; 148,752 votes abstained; and there were 0 broker non-votes.
Item 9.01. Financial Statements and Exhibits.
(d)Exhibits
The following exhibit is furnished as part of this Current Report on Form 8-K:
Exhibit No. Description
10.1 Amended and Restated Omnibus Stock Plan . ?
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