Item 5.07. Submission of Matters to a Vote of Security Holders.
On
The results of each matter voted on were as follows:
1. Election of directors. The following directors were elected for terms
expiring at the 2021 annual meeting of stockholders:
Votes For Votes Withheld Broker Non-Votes James Dondero 18,749,389 1,046,063 2,670,970 Brian Mitts 16,716,137 3,079,315 2,670,970 Edward Constantino 14,285,084 5,510,368 2,670,970 Scott Kavanaugh 8,606,219 11,189,233 2,670,970 Arthur Laffer 14,273,597 5,521,855 2,670,970
Under the Company's majority voting policy, a director nominee must tender a
conditional offer of resignation subject to acceptance or rejection by the
Company's board of directors in the event the director receives a greater number
of votes "withheld" from his or her election than votes "for" his or her
election in an uncontested election. At the annual meeting,
2. Approval, on an advisory basis, of the compensation of the Company's named executive officers. The compensation of the Company's named executive officers was approved. Votes For Votes Against Abstentions Broker Non-Votes 14,602,577 5,114,637 78,237 2,670,970
3. Approval, on an advisory basis, of the frequency of future advisory votes on
the compensation of the Company's named executive officers. The frequency of every "one year" was approved. 1 Year 2 Years 3 Years Abstentions 19,200,669 35,433 496,179 63,164
Consistent with the stockholder vote, the Company's board of directors determined that the Company will hold future advisory votes on the compensation of the Company's named executive officers on an annual basis until the next stockholder vote on the frequency of future advisory votes on the compensation of the Company's named executive officers.
4. Ratification of the appointment of
registered public accounting firm for 2020. The appointment was ratified.
Votes For Votes Against Abstentions Broker Non-Votes 22,425,980 40,441 68,108 2,670,970
--------------------------------------------------------------------------------
© Edgar Online, source