Item 5.07 Submission of Matters to a Vote of Security Holders.
The Company held its 2020 Annual Meeting of Shareholders on
The proposals presented to the Company's shareholders at the 2020 Annual Meeting are described in detail in the Company's Proxy Statement. The final results for the votes regarding each proposal are set forth below.
Proposal 1 - Election of three Class I directors nominated by the Board to serve until the Company's 2022 Annual Meeting and until their respective successors are duly elected and qualified
The three nominees who received the highest number of votes (all of the below individuals) were elected to the board of directors to hold office for a two-year term and until their respective successors are elected and qualified. The shareholders voted to elect the following three directors by the votes indicated below:
Nominee For Withheld Broker Non-Votes Eric C. Hugel 1,426,607 125,414 0 Sonia Marciano 1,093,745 458,276 0 Michael E. Rosenfeld 1,100,316 451,705 0
Proposal 2 - Advisory Vote on the Compensation of the Company's Named Executive Officers
The shareholders approved, on an advisory basis, the compensation paid to the Company's named executive officers, as disclosed pursuant to Item 402 of Regulation S-K and contained in the Company's Proxy Statement, by the following votes:
For Against Abstain Broker Non-Votes 1,413,987 136,580 1,030 0
Proposal 3 - Ratification of Selection of Independent Registered Public Accounting Firm
The shareholders voted to ratify the selection of
For Against Abstain 1,540,517 0 11,504 2
Proposal 4 -Vote on the Approval and Adoption of the 2020 Equity Based Compensation Plan
The shareholders voted to approve and adopt the Company's Equity Based Compensation Plan. named executive officers, as disclosed pursuant to Item 402 of Regulation S-K and contained in the Company's Proxy Statement, by the following votes:
For Against Abstain Broker Non-Votes 1,084,205 464,312 3,504 0
Proposal 5 - Advisory Vote on the Frequency of Future Advisory Votes on the Compensation of the Company's Named Executive Officers
The shareholders recommended, on an advisory basis, that the frequency of future shareholder votes on the compensation of the Company's named executive officers, as required by Section 14A(a)(2) of the Exchange Act, occur annually, by the votes set forth in the table below:
Every Year Every Two Years Every Three Years Abstain Broker Non-Votes 1,530,525 19,461 239 1,796 0
In accordance with the results of the advisory vote, the Board of Directors has determined that the Company will hold an advisory vote on the compensation of the Company's named executive officers every year.
© Edgar Online, source