Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On
The amendment to the Plan provides for an increase in the annual grant of
restricted stock to non-employee directors and increases the number of shares of
restricted stock for issuance under the Plan from 13,000 to 88,000 shares. The
material terms of the Plan were described in the Company's definitive Proxy
Statement (the "Proxy Statement") filed with the
The above description of the amendment to the Plan does not purport to be complete and is qualified in its entirety by the full text of Amendment No. 1 to the Plan, set forth in Exhibit 10.1, and incorporated herein by reference.
Item 5.07 Submission of Matters to a Vote of Security Holders
At the 2023 Annual Meeting of Shareholders of
Proposal 1
Election of four directors, each to serve for a three-year term until the 2026
Annual Meeting:
Votes For Votes Withheld Broker Non-vote
Proposal 2
Ratification of the appointment of
Votes For Votes Against Abstentions
Ratification of
Proposal 3 The advisory vote on named executive officer compensation, as disclosed in our Proxy Statement, was approved by the following vote:
Votes For Votes Against Abstentions Broker Non-vote
Advisory vote on named executive officer compensation as disclosed in the Proxy 4,315,621 225,765 317,875 913,137 Statement
Proposal 4 Amendment No. 1 to the 2020 Non-Employee Director Award Plan (see Exhibit 10.1). The proposal was approved by a vote of shareholders as follows:
Votes For Votes Against Abstentions Broker Non-vote
Amendment No. 1 to the 2020 Non-Employee 4,452,598 266,882 139,781 913,137 Director Award Plan
2
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Item 9.01 Financial Statements and Exhibits
(d) Exhibits. The following exhibit is filed as part of this Form 8-K:
Exhibit No. Description 10.1 Amendment No. 1 to the 2020 Non-Employee Director Award Plan 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 3
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