AMERICAN RAILCAR INDUSTRIES, INC. (NASDAQ:ARII) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07. Submission of Matters to a Vote of Security Holders.
The Company held its annual meeting of shareholders (the Annual Meeting) on June 5, 2018. At the Annual Meeting, shareholders voted on the following proposals and cast their votes as described below.
Proposal 1
The individuals listed below were elected at the Annual Meeting to serve on the Company’s Board of Directors until the next annual meeting of shareholders or until their respective successors are duly elected and qualified.
|
Nominee |
For |
Against |
Abstentions |
Broker Non-Votes |
|
SungHwan Cho |
14,522,788 |
1,951,795 |
13,678 |
|
|
James C. Pontious |
16,214,097 |
261,437 |
12,727 |
|
|
J. Mike Laisure |
16,237,389 |
238,092 |
12,780 |
|
|
Harold First |
16,021,573 |
453,147 |
13,541 |
|
|
Jonathan Frates |
14,268,714 |
2,206,054 |
13,493 |
|
|
Michael Nevin |
14,597,971 |
1,876,767 |
13,523 |
|
|
Patricia A. Agnello |
14,272,868 |
2,199,335 |
16,058 |
Proposal 2
An advisory vote on executive compensation, as described in the proxy materials. This proposal was approved.
|
For |
Against |
Abstentions |
Broker Non-Votes |
|
16,206,330 |
245,200 |
36,731 |
About AMERICAN RAILCAR INDUSTRIES, INC. (NASDAQ:ARII)
American Railcar Industries, Inc. is a designer and manufacturer of hopper and tank railcars. The Company designs, manufactures and sells railcars and a range of components for the North American railcar and industrial markets. The Company operates through three segments: manufacturing, railcar leasing and railcar services. The manufacturing consists of railcar manufacturing, and railcar and industrial component manufacturing. The railcar-leasing segment consists of railcars manufactured by the Company and leased to third parties under operating leases. The railcar services segment consists of railcar repair, engineering and field services. It manufactures over two types of railcars, hopper railcars and tank railcars. It also manufactures various components for railcar and industrial markets. It manufactures both general service and specialty hopper railcars at its Paragould plant. Its hopper railcars are designed for shipping a range of dry bulk products from light density products.