AmTrust Financial Services, Inc. (NASDAQ:AFSI) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03
|
Amendment to Articles of Incorporation or Bylaws; Changes
in Fiscal Year. |
Meeting of Stockholders, a majority of the Companys stockholders
voted in favor of amending the Companys Amended and Restated
By-laws (By-Laws) to provide for a majority voting standard in
uncontested elections of directors.
Companys Board of Directors adopted an amendment to and restated
the By-Laws (the Amended and Restated By-Laws) to provide for a
majority voting standard in uncontested elections of directors. A
copy of the Amended and Restated By-Laws is attached as Exhibit
3.1 to this Current Report on Form 8-K and incorporated by
reference herein.
|
Item 5.07
|
Submission of Matters to a Vote of Security Holders.
|
18, 2017. The certified results of the matters voted upon at the
meeting, which are more fully described in the Proxy Statement,
are as follows:
|
1. Election of Directors:
|
For
|
Withheld
|
|
|
Donald T. DeCarlo
|
118,682,230
|
9,458,402
|
|
|
Susan C. Fisch
|
118,772,927
|
9,367,705
|
|
|
Abraham Gulkowitz
|
118,756,582
|
9,384,050
|
|
|
George Karfunkel
|
116,914,684
|
11,225,948
|
|
|
Leah Karfunkel
|
109,609,576
|
18,531,056
|
|
|
Raul Rivera
|
126,577,620
|
1,563,012
|
|
|
Barry D. Zyskind
|
122,141,256
|
5,999,376
|
|
|
2. Advisory Vote on Named Executive Officer
Compensation |
For
|
Against
|
Abstain
|
|
118,530,234
|
9,341,776
|
268,622
|
|
3. Advisory Vote on Frequency of Advisory Vote on Named
Executive Officer Compensation |
Every 3 Years
|
Every 2 Years
|
Every 1 Year
|
Abstain
|
|
73,638,370
|
150,946
|
54,113,637
|
237,679
|
largest number of stockholders voted, on an advisory, non-binding
basis, to hold an advisory vote to approve executive compensation
every three years. In line with this recommendation from the
Companys stockholders, it is the Board of Directors intention to
include an advisory vote on named executive officer compensation
in the Companys proxy materials every three years until the next
required advisory vote on the frequency of stockholder votes on
executive compensation, which will occur no later than the
Companys Annual Meeting of Stockholders in 2023.
|
4. Stockholder Proposal on Majority Voting Standard in
Uncontested Election of Directors |
For
|
Against
|
Abstain
|
|
127,671,554
|
164,296
|
304,782
|
|
(d)
|
Exhibits.
|
|
Exhibit No.
|
Description
|
|
|
3.1
|
Amended and Restated By-Laws.
|
About AmTrust Financial Services, Inc. (NASDAQ:AFSI)
Amtrust Financial Services, Inc. (AmTrust) is an insurance holding company. The Company, through its subsidiaries, provides specialty property and casualty insurance focusing on workers’ compensation and commercial package coverage for small business, specialty risk and extended warranty coverage, and property and casualty coverage for middle market business. Its segments include Small Commercial Business, Specialty Risk and Extended Warranty, and Specialty Program. The Small Commercial Business segment is engaged in providing workers’ compensation, commercial package and other commercial insurance lines produced by wholesale agents, retail agents and brokers in the United States. The Specialty Risk and Extended Warranty segment is engaged in providing coverage for consumer and commercial goods and custom designed coverages. The Specialty Program segment is engaged in writing commercial insurance for defined classes of insureds through general and other wholesale agents. AmTrust Financial Services, Inc. (NASDAQ:AFSI) Recent Trading Information
AmTrust Financial Services, Inc. (NASDAQ:AFSI) closed its last trading session up +0.10 at 12.07 with 2,211,522 shares trading hands.