SANTA FE FINANCIAL CORPORATION (OTCMKTS:SFEF) 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 Fiscal 2016 Annual Meeting of the Shareholders of Santa Fe
Financial Corporation (the Company) was held on March 3, 2017 at
the Hilton San Francisco Financial District, 750 Kearny Street,
San Francisco, California. At that meeting, all of managements
nominees: John V. Winfield, John C. Love and William J. Nance
were elected as Directors of the Company to serve until the next
Annual Meeting. At the Annual Meeting, the shareholders also
voted in favor of the ratification of the Audit Committees
selection of Hein and Associates LLP as the Companys independent
registered public accounting firm for the fiscal year ending June
30, 2017. The final tabulation of the votes follows:
Proposal (1) Election of Directors:
| Nominee | For | Withheld | Broker Non-Votes | |||
| John V. Winfield | 811,423 | 2,879 | 426,532 | |||
| John C. Love | 811,423 | 2,879 | 426,532 | |||
| William J. Nance | 811,423 | 2,879 | 426,532 | |||
Proposal (2) Ratification of the Appointment of Hein and
Associates LLP as The Companys Independent Registered Public
Accounting Firm for the fiscal year ending June 30, 2017:
| Votes For | Against | Abstain | Broker Non-Votes | |||
| 1,239,691 | 1,143 | – | ||||
Proposal (3) Approve, by non-binding vote, the compensation of
the named executive officers:
| Votes For | Against | Abstain | Broker Non-Votes | |||
| 807,923 | 3,429 | 2,950 | 426,532 | |||
Proposal (4) Recommend, by non-binding vote, the frequency of
shareholder votes on named executive officer compensation:
| 1 Year | 2 year | 3 Year | Abstain | Broker Non-Votes | |||
| 5,074 | 806,378 | 2,000 | 426,532 | ||||
About SANTA FE FINANCIAL CORPORATION (OTCMKTS:SFEF)
Santa Fe Financial Corporation operates in three segments, including the operation of the Hotel (Hotel Operations), its multi-family residential properties (Real Estate Operations) and the investment of its cash in marketable securities and other investments (Investment Transactions). The Company owns Portsmouth Square, Inc. (Portsmouth). Portsmouth conducts its business through its general and limited partnership interest in Justice Investors, (Justice or the Partnership). As of June 30,2016, Justice, through its subsidiaries Justice Holdings Company, LLC (Holdings), Justice Operating Company, LLC (Operating) and Justice Mezzanine Company, LLC (Mezzanine), owns a 543-room Hotel property located at 750 Kearny Street, San Francisco California, known as the Hilton San Francisco Financial District (the Hotel) and related facilities, including a five level underground parking garage. The Company is a subsidiary of The InterGroup Corporation (InterGroup). SANTA FE FINANCIAL CORPORATION (OTCMKTS:SFEF) Recent Trading Information
SANTA FE FINANCIAL CORPORATION (OTCMKTS:SFEF) closed its last trading session up +2.00 at 37.00 with 452 shares trading hands.
