Autobytel Inc. (NASDAQ:ABTL) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k

7 years ago

Autobytel Inc. (NASDAQ:ABTL) 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.

The Autobytel Inc. 2017 Annual Meeting of Stockholders (Annual
Meeting) was held on June 22, 2017 at the corporate offices of
Autobytel Inc., a Delaware corporation (Company or Autobytel). A
total of 9,765,587 shares of the Companys common stock, par value
$0.001 per share (Common Stock), were present or represented by
proxy at the meeting, representing 88.2% of the Companys shares
outstanding as of April 28, 2017, the Annual Meetings record
date.

Set forth below are brief descriptions of each of the five
proposals voted upon by stockholders at the Annual Meeting and
the final voting results for each such proposal.

Proposal 1.

Election of three Class I Directors of the Company to hold
office until the 2020 Annual Meeting of Stockholders and
until the election and qualification of such directors
successors.

Director Nominees	For	Withheld	Broker Non-Votes
Jeffrey H. Coats	7,826,956	292,721	1,645,910
Matias de Tezanos	7,566,594	553,083	1,645,910
Jeffrey M. Stibel	7,778,523	341,154	1,645,910

Proposal 2.

Approval of the issuance of shares of Common Stock upon the
conversion of the Companys outstanding Series B Junior
Participating Convertible Preferred Stock, par value $0.001
per share.

For		Against		Abstain		Broker Non-Votes
7,893,008		219,539		7,130		1,645,910

Proposal 3.

Approval of extension of and amendments to the Autobytel Inc.
Tax Benefit Preservation Plan.

For		Against		Abstain		Broker Non-Votes
7,538,709		577,185		3,783		1,645,910

Proposal 4.

Advisory vote on the compensation of Autobytels named
executive officers.

For		Against		Abstain		Broker Non-Votes
7,666,482		430,664		22,531		1,645,910

Proposal 5.

Ratification of the appointment of Moss Adams LLP as
Autobytels independent registered public accounting firm for
2017.

For		Against		Abstain		Broker Non-Votes
9,752,728		6,937		5,922		0

About Autobytel Inc. (NASDAQ:ABTL)
Autobytel Inc. is an automotive marketing services company that assists automotive retail dealers and automotive manufacturers market and sell new and used vehicles to consumers through the programs for online lead referrals, dealer marketing products and services, and online advertising programs and mobile products. The Company operates through providing automotive marketing services segment. Its consumer-facing automotive Websites, including Website Autobytel.com, provide consumers with information and tools to aid them with the automotive purchase decisions and ability to submit inquiries requesting dealers to contact the consumers regarding purchasing or leasing vehicles. Its AutoWeb pay-per-click advertising marketplace program uses technology to refer consumer traffic to dealers and manufacturer Websites. For consumers who may not be able to secure loans through conventional lending sources, the Websites provide these consumers the ability to submit inquiries requesting dealers.