Alamo Group Inc. (NYSE:ALG) Files An 8-K Submission of Matters to a Vote of Security Holders

Broker

Non-Votes

ME Staff 8-k

8 years ago

Alamo Group Inc. (NYSE:ALG) 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.

On May 4, 2017, Alamo Group Inc. (the Company) held its annual
meeting of stockholders (the Annual Meeting). The matters listed
below were submitted to a vote of the stockholders through the
solicitation of proxies, and the proposals are described in
detail in the Companys proxy statement filed with the Securities
and Exchange Commission on March 17, 2017.

Set forth below, with respect to each proposal, are the number of
votes cast for or against, the number of abstentions and the
number of broker non-votes:

Proposal 1 – Election of directors

The majority of stockholders approved the election of all seven
of the nominees for director to serve until the next Annual
Meeting or until their successors are duly elected and qualified.
The voting results were as follows:



	For	Against	Abstain	Broker Non-Votes
Roderick R. Baty	9,925,921	20,047	196,586	637,326
Robert P. Bauer	9,921,492	24,376	196,686	637,326
Eric P. Etchart	9,921,393	24,575	196,586	637,326
David W. Grzelak	9,925,104	20,764	196,686	637,326
Gary L. Martin	9,922,001	24,354	196,199	637,326
Tracy C. Jokinen	9,924,709	21,059	196,788	637,326
Ronald A. Robinson	9,927,802	18,166	196,586	637,326

Proposal 2 – Advisory vote on compensation of named executive
officers

The stockholders approved, on an advisory, non-binding basis, the
compensation of our named executive officers as described in our
Proxy Statement, by the votes set forth in the table below:



For	Against	Abstain	Broker Non-Votes
9,658,911	275,996	207,647	637,326

Proposal 3 – Advisory vote on the frequency of the advisory vote
on compensation of named executive officers

The stockholders voted, on an advisory, non-binding basis, that
the frequency of the advisory vote on compensation of named
executive officers should be held as set forth in the table
below:



1 Year	2 Years	3 Years	Abstain	Broker Non-Votes
7,150,575	8,992	2,781,633	201,354	637,326

Based on these results and consistent with a majority of votes
cast with respect to this matter, the Companys board of directors
has adopted a policy to hold an advisory vote on compensation of
named executive officers every year.

Proposal 4 – Ratification of appointment of KPMG LLP as
independent auditor for fiscal year 2017

The appointment of KPMG LLP to serve as the Company’s
independent auditor for the fiscal year ending December 31, 2017
was ratified. The voting results were as follows:

About Alamo Group Inc. (NYSE:ALG)
Alamo Group Inc. is engaged in the design and manufacture of agricultural equipment and infrastructure maintenance equipment for governmental and industrial use. The Company operates in Industrial, Agricultural and European segments. The Company’s products include tractor-mounted mowing and other vegetation maintenance equipment, street sweepers, excavators, vacuum trucks, snow removal equipment, pothole patchers, zero turn radius mowers, agricultural implements and related aftermarket. As of December 31, 2016, the Company operated 24 plants in North America, Europe, Australia and Brazil. The Company sells its products through a network of independent dealers and distributors to Governmental end users, related independent contractors, as well as to the agricultural and commercial turf markets. It also offers replacement parts for each of its wholegoods lines. The Company’s products are sold through various marketing organizations, and dealer and distributor networks. Alamo Group Inc. (NYSE:ALG) Recent Trading Information
Alamo Group Inc. (NYSE:ALG) closed its last trading session down -0.93 at 83.99 with 69,882 shares trading hands.