AMERISAFE, INC. (NASDAQ:AMSF) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07.
|
Submission of Matters to a Vote of Security Holders. |
On June9, 2017 the Company held its annual meeting of
shareholders. The number of common shares entitled to vote at the
Companys 2017 annual meeting of shareholders was 19,230,135
representing the number of shares outstanding as of April17,
2017, the record date for the annual meeting.
The results of each matter voted on at the annual meeting were as
follows:
| 1. |
Election of directors. The following directors were elected for terms expiring at the 2020 annual meeting of shareholders: |
| Votes For | VotesWithheld | BrokerNon-Votes | ||||
|
Michael J. Brown |
17,620,495 | 336,590 | 513,408 | |||
|
G. Janelle Frost |
17,906,064 | 51,021 | 513,408 |
| 2. |
Re-approval of the material terms for qualified performance-based compensation under the Companys 2012 Equity and Incentive Compensation Plan. |
|
Votes For |
VotesAgainst |
Abstentions |
BrokerNon-Votes |
|||
| 16,574,716 | 1,379,350 | 3,019 | 513,408 |
| 3. |
Advisory vote on compensation of the Companys named executive officers as disclosed in the 2017 proxy statement under Executive Compensation and discussed under Compensation Discussion and Analysis. |
|
Votes For |
VotesAgainst |
Abstentions |
BrokerNon-Votes |
|||
| 17,645,609 | 307,629 | 3,847 | 513,408 |
| 4. |
Advisory vote on the frequency of advisory votes on the compensation of the Companys named executive officers. |
|
SharesVoted ForEveryYear |
SharesVoted ForEveryTwoYears |
SharesVoted ForEveryThreeYears |
Shares Abstentions |
|||
| 14,887,802 | 2,015 | 3,063,801 | 3,467 |
The option of an advisory compensation vote every year received
the highest number of shareholder votes. The Companys board of
directors recommended an annual vote and will follow that
recommendation and include an advisory shareholder vote on
executive compensation in its proxy materials every year until
the next required vote on such frequency is conducted.
| 5. |
Ratification of appointment of Ernst Young LLP as the Companys independent registered public accounting firm for 2017. |
|
Votes For |
VotesAgainst |
Abstentions |
||
| 18,232,620 | 236,948 |
About AMERISAFE, INC. (NASDAQ:AMSF)
AMERISAFE, Inc. (AMERISAFE) is an insurance holding company. The Company provides workers’ compensation insurance for small to mid-sized employers engaged in hazardous industries, principally construction, trucking, manufacturing, agriculture, and oil and gas. It is engaged in underwriting the workers’ compensation exposures inherent in these industries. The Company provides coverage to employers under state and federal workers’ compensation laws. The Company’s workers’ compensation insurance policies provide benefits to injured employees for, temporary or permanent disability, death and medical and hospital expenses. The Company provides safety services at employers’ workplaces as a component of its underwriting process. It utilizes intensive claims management practices. The Company has over 8,000 voluntary business policyholders. It is licensed to provide workers’ compensation insurance in approximately 50 states, the District of Columbia and the United States Virgin Islands.
