ALTRA INDUSTRIAL MOTION CORP. (NASDAQ:AIMC) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07. Submission of Matters to a Vote of Security Holders
Altra Industrial Motion Corp. (“Altra”) held its Annual Meeting of Stockholders (the “Annual Meeting”) on April 24, 2018.At the Annual Meeting, the stockholders:
|
(1) |
elected all of the eight (8) nominees to serve as directors of Altra; |
|
(2) |
ratified the selection of Deloitte & Touche LLP as Altra’s independent registered accounting firm for the fiscal year 2018; and |
|
(3) |
approved an advisory vote to approve Altra’s 2017 named executive officer compensation. |
The results for each matter voted on by the stockholders at the Annual Meeting were as follows:
Proposal 1.Election of Directors:
|
Shares "For" |
Shares "Withheld" |
Broker non-votes |
|
|
Edmund M. Carpenter |
23,637,016 |
726,197 |
1,424,346 |
|
Carl R. Christenson |
23,642,447 |
720,766 |
1,424,346 |
|
Lyle G. Ganske |
23,667,577 |
695,636 |
1,424,346 |
|
Margot L. Hoffman, Ph.D. |
24,276,061 |
87,152 |
1,424,346 |
|
Michael S. Lipscomb |
23,667,577 |
695,636 |
1,424,346 |
|
Larry McPherson |
22,961,763 |
1,401,450 |
1,424,346 |
|
Thomas W. Swidarski |
24,241,951 |
121,262 |
1,424,346 |
|
James H. Woodward Jr. |
23,648,965 |
714,248 |
1,424,346 |
Proposal 2.Ratification of Selection of Independent Registered Public Accounting Firm:
|
Shares “For” |
24,859,672 |
|
Shares “Against” |
761,614 |
|
Shares “Abstain” |
166,273 |
|
Broker Non-Votes |
N/A |
Proposal 3.Advisory Vote to Approve the Compensation of the Company’s Named Executive Officers (“Say on Pay”):
|
Shares “For” |
24,084,833 |
|
Shares “Against” |
274,405 |
|
Shares “Abstain” |
3,975 |
|
Broker Non-Votes |
1,424,346 |
About ALTRA INDUSTRIAL MOTION CORP. (NASDAQ:AIMC)
Altra Industrial Motion Corp. is a designer, producer and marketer of a range of mechanical power transmission (MPT) components. The Company operates through three segments: Couplings, Clutches and Brakes; Electromagnetic Clutches and Brakes, and Gearing. The Company’s products are used to control and transmit power and torque in virtually any industrial application involving movement. The Company’s product portfolio includes clutches and brakes, couplings and gearing, and power transmission components. Its products are used in a range of manufacturing processes. Its products are also used in non-manufacturing applications, such as clutches and brakes for elevators, and residential and commercial lawnmowers. The Company’s products serve a range of end markets, including energy, general industrial, material handling, mining, transportation, and turf and garden.
