A. M. CASTLE & CO. (OTCMKTS:CASL) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07
Submission of Matters to a Vote of Security Holders.
A.M. Castle & Co. (the "Company") held its Annual Meeting of Stockholders on April 25, 2018. The matters that were voted on at the Annual Meeting of Stockholders and the final voting results for each matter are set forth below.
Proposal No. 1: Election of Directors
The following director nominees were elected to the Board of Directors of the Company for a one-year term expiring at the Company's 2019 Annual Meeting of Stockholders:
|
Director Nominee |
FOR |
WITHHOLD |
BROKER NON-VOTES |
|
Jeffrey A. Brodsky |
1,825,524 |
52,544 |
231,322 |
|
Jonathan B. Mellin |
1,822,788 |
55,280 |
231,322 |
|
Jacob Mercer |
1,824,599 |
53,469 |
231,322 |
|
Steven W. Scheinkman |
1,825,485 |
52,583 |
231,322 |
|
Jonathan Segal |
1,824,593 |
53,475 |
231,322 |
|
Michael Sheehan |
1,826,753 |
51,315 |
231,322 |
Proposal No. 2: Advisory Vote to Approve Executive Compensation
A proposal to approve, on an advisory basis, the Company's executive compensation as disclosed in the Company's proxy statement passed as follows:
|
FOR |
AGAINST |
ABSTAIN |
BROKER NON-VOTES |
|
1,812,199 |
14,438 |
51,431 |
231,322 |
Proposal No. 3: Advisory Vote on Frequency on Say-on-Pay
A proposal to approve, on an advisory basis, the frequency of the vote to approve the executive compensation passed as follows:
|
1 Year |
2 Years |
3 Years |
Abstain |
BROKER NON-VOTES |
|
1,823,247 |
8,705 |
45,842 |
231,322 |
Proposal No. 4: Ratification of Appointment of Independent Registered Public Accounting Firm
The appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2018 was ratified as follows:
|
FOR |
AGAINST |
ABSTAIN |
|
2,052,139 |
1,871 |
55,380 |
About A. M. CASTLE & CO. (OTCMKTS:CASL)
A. M. Castle & Co. is a specialty metals distribution company. The Company operates through two segments: Metal and Plastics. In its Metals segment, the Company focuses on distributing engineered specialty grades and alloys of metals, as well as providing specialized processing services. Its products include alloy, aluminum, nickel, stainless steel, carbon and titanium. Inventories of these products assume various forms, such as plate, sheet, extrusions, round bar, hexagon bar, square and flat bar, tubing and coil. The Company’s Plastics segment includes its subsidiary, Total Plastics, Inc. (TPI). The Plastics segment stocks and distributes a range of plastics in forms that include plate, rod, tube, clear sheet, tape, gaskets and fittings. Processing activities within this segment include cut-to-length, cut-to-shape, bending and forming according to customer specifications. The Company distributes and performs processing on both metals and plastics. A. M. CASTLE & CO. (OTCMKTS:CASL) Recent Trading Information
A. M. CASTLE & CO. (OTCMKTS:CASL) closed its last trading session at 0.110 with shares trading hands.
