Air T, Inc. (NASDAQ:AIRT) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k
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Air T, Inc. (NASDAQ:AIRT) 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

(a)Air T, Inc. (the “Company”) held its 2017 annual meeting of stockholders on December11, 2017.

(b)At the annual meeting:

• Seth G. Barkett, Raymond E. Cabillot, William R. Foudray, Gary S. Kohler, Peter McClung, John A. Reeves, Andrew J. Stumpf, Nicholas J. Swenson and Travis Swenson were elected as directors;
• the stockholders approved a resolution approving, on an advisory basis, the compensation paid to the Company’s named executive officers as disclosed in the Company’s proxy statement for the annual meeting; and
• the stockholders approved a resolution ratifying the appointment of BDO USA, LLP as the Company’s independent registered public accounting firm for the fiscal year ending March31, 2018.

The tabulation of votes with respect to each of these matters is set forth below:

Election of Directors

Director Nominee

Votes For

Votes Withheld

Broker Non-votes

Seth G. Barkett

 1,460,393 20,001 460,437

Raymond E. Cabillot

 1,460,958 19,436 460,437

William R. Foudray

 1,460,793 19,601 460,437

Gary S. Kohler

 1,460,358 20,036 460,437

Peter McClung

 1,463,293 17,101 460,437

John A. Reeves

 1,460,993 19,401 460,437

Andrew J. Stumpf

 1,441,958 38,436 460,437

Nicholas J. Swenson

 1,463,258 17,136 460,437

Travis Swenson

 1,460,993 19,401 460,437

Advisory Vote on Executive Compensation

VotesFor

VotesAgainst

VotesAbstained

BrokerNon-votes
1,469,837 7,706 2,850 460,438

Ratification of Appointment of Independent Registered Public Accounting Firm

VotesFor

VotesAgainst

VotesAbstained
1,911,770 23,308 5,753

There were no broker non-votes with respect to the ratification of the independent registered public accounting firm.

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About Air T, Inc. (NASDAQ:AIRT)

Air T, Inc. is a holding company. The Company operates through five segments: overnight air cargo, ground equipment sales, ground support services, printing equipment and maintenance, and leasing. The company’s overnight air cargo segment operates in the air express delivery services industry. The ground equipment sales segment manufactures and provides mobile deicers and other specialized equipment products to passenger and cargo airlines, airports, the United States military and industrial customers. The ground support services segment provides ground support equipment maintenance and facilities maintenance services to domestic airlines and aviation service providers. The printing equipment and maintenance segment designs, manufactures and sells advanced digital print production equipment, maintenance contracts, spare parts, supplies and consumable items for these systems. The Company’s leasing segment provides funding for equipment leasing transactions.