ZEDGE, INC. Item 5.07. Submission of Matters to a Vote of Security Holders
(a)
(b) (1) A majority of the votes present or represented at the Meeting by the holders of shares entitled to vote on the following matter were voted in connection with the election of each of the Board of Directors nominees named in the Proxy Statement of the Company.
The nominees for election to the Board of Directors were elected, each for a one-year term, based upon the following votes:
Votes Broker
Nominee Votes For Against Abstentions Non-Vote % Votes For
Mark Ghermezian 1,929,761 107,413 1,817 1,000 94.60
Elliot Gibber 1,955,689 81,597 1,705 1,000 95.87
Howard Jonas 2,022,465 14,921 1,605 1,000 99.14
Michael Jonas 2,031,194 6,145 1,652 1,000 99.57
Paul Packer 1,955,374 8,912 1,705 1,000 95.85
Gregory Suess 2,029,551 7,685 1,755 1,000 99.49
(2) A majority of the votes present or represented at the Meeting by the holders of shares entitled to vote on the following matter were voted in connection with the approval of an amendment to the Company's 2016 Stock Option and Incentive Plan (the "Plan") that would, among other things: (a) increase the number of shares of the Company's Class B common stock available for the grant of awards thereunder by 685,000; (b) add provisions regarding awards of deferred stock units (which are sometimes referred to as restricted stock units and which we refer to in the proxy statement as "DSUs") and changes to awarded DSUs; and (c) make other changes to definitions in the Plan.
The number of votes cast with respect to this matter was as follows:
Votes For Votes Against Abstentions Broker Non-Vote % Votes For
1,859,288 179,022 1,681 0 91.14
1© Edgar Online, source
