ModusLink Global Solutions, Inc. (NASDAQ:MLNK) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders.
The 2016 Annual Meeting of Stockholders (the Annual Meeting) of
ModusLink Global Solutions, Inc. (the Company) was held to notice
at the Ritz Carlton Marina del Rey, 4375 Admiralty Way, Marina
del Rey, California 90292, on December 8, 2016.
The total number of shares of the Companys Common Stock voted in
person or by proxy at the Annual Meeting was 47,979,322,
representing approximately 86.84% of the 55,249,076 shares
outstanding and entitled to vote at the Annual Meeting.Each
director nominee was elected and each other matter submitted to a
vote of the Companys stockholders at the Annual Meeting was
approved by the requisite vote.The final voting results for each
of the proposals submitted to a vote of the stockholders of the
Company at the Annual Meeting are set forth below.
Proposal 1 Election of Class II directors.
Anthony Bergamo and Philip E. Lengyel have each been elected to
hold office until the 2019 Annual Meeting of Stockholders and
until their respective successors are duly elected and qualified,
as a result of the following votes:
| Name | Votes For | Votes Withheld | Broker Non-Votes |
| Anthony Bergamo | 33,821,916 | 711,274 | 13,446,132 |
| PhilipE. Lengyel | 33,813,552 | 719,638 | 13,446,132 |
Proposal 2 To amend the Companys Restated
Certificate of Incorporation to effect a reverse stock split at a
ratio in the range of 1-for-5 to 1-for-10 and a reduction in
authorized common stock of the Company from 1,400,000,000 to
50,000,000 shares. Proposal 2 was approved as a result of the
following vote:
| Votes For | Votes Against | Abstentions | Broker Non-Votes |
| 44,282,528 | 2,856,733 | 840,061 |
Proposal 3 To approve, on an advisory basis, the
compensation of the Companys Named Executive Officers. Proposal 3
was approved by the following vote:
| Votes For | Votes Against | Abstentions | Broker Non-Votes |
| 33,893,117 | 612,806 | 27,267 | 13,446,132 |
Proposal 4 To ratify the appointment of BDO USA,
LLP as the Companys independent registered public accounting firm
for the current fiscal year. Proposal 4 was approved as a result
of the following vote:
| Votes For | Votes Against | Abstentions | Broker Non-Votes |
| 46,729,018 | 1,148,641 | 101,663 |
About ModusLink Global Solutions, Inc. (NASDAQ:MLNK)
ModusLink Global Solutions, Inc. is a provider of supply chain and logistics services through its subsidiaries, ModusLink Corporation and ModusLink PTS, Inc. The Company provides services to companies in the consumer electronics, communications, computing, software, storage and retail industries. The Company operates through four segments: Americas, Asia, Europe and e-business. As of July 31, 2016, the Company operated in over 20 sites across North America, Europe and the Asia Pacific region. The Company’s Supply Chain Business operation’s solutions include material planning and factory supply; value-added warehousing and distribution; aftermarket services, including product returns management and product repair and recovery, and e-business, including e-commerce, contact center, entitlement management and financial management. ModusLink Global Solutions, Inc. (NASDAQ:MLNK) Recent Trading Information
ModusLink Global Solutions, Inc. (NASDAQ:MLNK) closed its last trading session up +0.07 at 1.53 with 76,976 shares trading hands.
