USA TECHNOLOGIES, INC. (NASDAQ:USAT) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07.
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Submission of Matters to a Vote of Security Holders
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annual meeting of shareholders (the Annual Meeting). The final
voting results for each of the proposals submitted to a vote of
the shareholders at the Annual Meeting are set forth below.
| 1. |
Election of Directors.
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as follows:
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Name of Nominee
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Votes For
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Votes
Withheld
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Broker Non-
votes
|
|||
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Steven D. Barnhart
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23,199,787
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353,410
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13,791,298
|
|||
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Joel Brooks
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23,086,777
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466,421
|
13,791,298
|
|||
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Stephen P. Herbert
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23,169,705
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383,493
|
13,791,298
|
|||
|
Robert L. Metzger
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23,283,227
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269,971
|
13,791,298
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|||
|
Albin F. Moschner
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23,216,728
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336,470
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13,791,298
|
|||
|
William J. Reilly, Jr.
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23,128,347
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424,851
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13,791,298
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|||
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William J. Schoch
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22,795,054
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758,144
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13,791,298
|
| 2. |
Ratification of the Appointment of Independent Registered
Public Accounting Firm for the fiscal year ending June 30, 2017. |
independent registered public accounting firm for 2017 was
approved, and the voting results were as follows:
|
Votes For
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35,569,079
|
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Votes Against
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1,698,345
|
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Abstentions
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77,071
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Broker Non-Votes
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| 3. |
Advisory Vote on Named Executive Officer Compensation.
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Companys named executive officer compensation as described under
the Executive Compensation section of the Companys proxy
statement, and the voting results were as follows:
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Votes For
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21,241,519
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Votes Against
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2,083,419
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Abstentions
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228,260
|
|
Broker Non-Votes
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13,791,298
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About USA TECHNOLOGIES, INC. (NASDAQ:USAT)
USA Technologies, Inc. provides technology-enabled solutions and value-added services that facilitate electronic payment transactions within the unattended point of sale (POS) market. The Company is a provider in the small ticket, beverage and food vending industry and is also engaged in offering solutions and services to other unattended market segments, such as amusement, commercial laundry, kiosk and others. It has designed and marketed systems and solutions that facilitate electronic payment options, as well as telemetry and machine-to-machine (M2M) services, which include the ability to remotely monitor, control and report on the results of distributed assets containing its electronic payment solutions. The Company derives its revenues from license and transaction fees resulting from connections to, as well as services provided by, its ePort Connect service.
