NAPCO SECURITY TECHNOLOGIES, INC. (NASDAQ:NSSC) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
The 2018 Annual Meeting of the Stockholders of Napco Security Technologies, Inc. (the “Company”) was held on December 11, 2018. Matters voted on at the Annual Meeting and the results thereof were as follows:
Proposal 1: Election of directors. The following individuals were elected to the Company’s Board of Directors to hold office until the Annual Meeting after the 2021 fiscal year.
| For | Withheld | Broker Non-Votes | |
| Paul Stephen Beeber | 14,010,504 | 475,723 | 3,524,860 |
| Randy Blaustein | 11,921,450 | 2,564,777 | 3,524,860 |
| Donna Soloway | 11,842,473 | 2,643,754 | 3,524,860 |
Proposal 2: Ratification of the selection of Baker Tilly Virchow Krause LLP as the Company’s independent registered public accountants for fiscal 2018.
| For | Against | Abstain |
| 17,973,506 | 34,765 | 2,816 |
Proposal 3: Approval of adoption of the 2018 Non-employee Stock Option Plan:.
| For | Against | Abstain | Broker Non-Votes |
| 11,189,362 | 3,276,639 | 20,226 | 3,524,860 |
About NAPCO SECURITY TECHNOLOGIES, INC. (NASDAQ:NSSC)
NAPCO Security Technologies, Inc. is a manufacturer of security products, encompassing access control systems, door-locking products, intrusion and fire alarm systems and video surveillance products. These products are used for commercial, residential, institutional, industrial and governmental applications, and are sold across the world principally to independent distributors, dealers and installers of security equipment. The Company manufactures and markets various products for alarm systems, which include automatic communicators, control panels, combination control panels/digital communicators and digital keypad systems, fire alarm control panel and area detectors. It manufactures a range of door locking devices, including microprocessor-based electronic door locks with push button, card reader and bio-metric operation, door alarms, mechanical door locks and simple dead bolt locks. It also markets peripheral and related equipment manufactured by other companies.
