BG STAFFING, INC. (NYSEMKT:BGSF) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

ME Staff 8-k
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BG STAFFING, INC. (NYSEMKT:BGSF) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 5.02

Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Offi cers; Compensatory
Arrangements of Certain Officers.
On May 16, 2017, the stockholders of BG Staffing, Inc. (the
Company) approved an amendment to the BG Staffing, Inc. 2013
Long-Term Incentive Plan (the 2013 Plan) to add an additional
250,000 shares of common stock available for issuance. The board
of directors of the Company had previously approved the amendment
subject to stockholder approval. The amendment became effective
as of May 16, 2017, the date of stockholder approval. A detailed
description of the 2013 Plan is set forth on pages 20 through 25
of the Companys definitive proxy statement on Schedule 14A, as
filed with the Securities and Exchange Commission on March 28,
2017, which description is incorporated herein by reference.
Item 5.07
Submission of Matters to a Vote of Security Holders.
On May 16, 2017, the Company held its annual meeting of
stockholders (the “Annual Meeting”). At the Annual Meeting, the
Company’s stockholders voted on three proposals and cast their
votes as described below. The proposals are further described in
the Companys definitive proxy statement on Schedule 14A as filed
with the SEC on March 28, 2017.
Proposal 1
An election of Class III directors of the Company to serve until
the third annual meeting following the Annual Meeting. The
following individuals were elected as Class III directors of the
Company:
Nominee
Votes For
Votes Withheld
Broker Non-votes
C. David Allen, Jr.
3,493,776
924,545
3,257,800
Douglas E. Hailey
3,988,382
429,939
3,257,800
There were no abstentions on this matter.
Proposal 2
The proposal to ratify the appointment of Whitley Penn LLP as our
independent registered public accounting firm for the fiscal year
ending December 31, 2017 was approved based upon the following
votes:
Votes For
Votes Against
Abstentions
Broker Non-votes
7,397,958
262,404
15,759
Proposal 3
The proposal to amend the 2013 Plan to add an additional 250,000
shares of common stock available for issuance was approved based
upon the following votes:
Votes For
Votes Against
Abstentions
Broker Non-votes
3,013,912
1,348,253
56,156
3,257,800


About BG STAFFING, INC. (NYSEMKT:BGSF)

BG Staffing, Inc. (BG Staffing) is a provider of temporary staffing services. The Company provides temporary workers to a range of customers that are seeking to match their workforce requirements to their business needs. Its customers operate across a diverse set of industries. The Company’s operations are organized into three segments: Commercial, Multifamily and Professional. The Company’s temporary staffing services consist of on-demand or short-term staffing assignments, contract staffing, and on-site management administration. Short-term staffing services assist employers in dealing with employee demands caused by such factors as seasonality, fluctuations in customer demand, vacations, illnesses, parental leave, and special projects. The Company’s contract staffing services place temporary employees with customers for time-periods of more than three months or for an indefinite time period.

BG STAFFING, INC. (NYSEMKT:BGSF) Recent Trading Information

BG STAFFING, INC. (NYSEMKT:BGSF) closed its last trading session down -0.11 at 15.84 with 14,944 shares trading hands.