BOWL AMERICA INCORPORATED (NYSEMKT:BWL.A) 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
On December 6, 2016, Bowl America Incorporated (the Company) held
an annual meeting of its stockholders for the following purposes:
1. To elect eight nominees as directors as follows:
The board of directors nominated two nominees to stand for
election by the holders of the Companys Class A Common Stock at
the 2016 meeting and each of the nominees were elected by a
plurality of votes cast by the Class A shares entitled to vote at
the meeting. Therefore, in accordance with the voting results
listed below, the nominees were elected to serve until the next
annual meeting and until their successors are elected and
qualified.
|
Nominee |
For |
Withheld |
Broker Non-Votes |
|
Warren T. Braham |
2,108,645 |
592,575 |
154,607 |
|
Allan L. Sher |
2,543,784 |
157,436 |
154,607 |
The board of directors nominated six nominees to stand for
election by the holders of the Companys Class B Common Stock at
the 2016 meeting and each of the nominees were elected by a
plurality of votes cast by the Class B shares entitled to vote at
the meeting. Therefore, in accordance with the voting results
listed below, the nominees were elected to serve until the next
annual meeting and until their successors are elected and
qualified.
|
Nominee |
For |
Withheld |
Broker Non-Votes |
|
Leslie H. Goldberg |
13,941,410 |
|
|
|
Ruth E. Macklin |
13,941,410 |
|
|
|
Merle Fabian |
13,941,410 |
|
|
|
Nancy Hull |
13,941,410 |
|
|
|
Cheryl A. Dragoo |
13,941,410 |
|
|
|
Arthur H. Bill |
13,941,410 |
|
|
2. To approve an advisory resolution on executive compensation as
follows:
In accordance with Section 14A of the Securities Exchange Act of
1934, as amended (the Exchange Act), the Company asked
stockholders to approve an advisory resolution on executive
compensation, commonly referred to as say on pay. In accordance
with the voting results listed below, the advisory resolution on
executive compensation was approved.
|
FOR: |
AGAINST: |
ABSTAIN: |
| 16,621,424 | 17,709 | 3,497 |
About BOWL AMERICA INCORPORATED (NYSEMKT:BWL.A)
Bowl America Incorporated is engaged in the entertainment business. The Company is engaged in the operation of bowling centers, with food and beverage service in each center. As of July 3, 2016, the Company and its subsidiaries operated 18 bowling centers, including 10 centers located in metropolitan Washington, District of Columbia; one center in metropolitan Baltimore, Maryland; four centers in metropolitan Richmond, Virginia, and three centers in metropolitan Jacksonville, Florida. As of July 3, 2016, the 18 centers contained a total of 726 lanes. The Company’s bowling centers are air-conditioned with facilities for service of food and beverages, game rooms, rental lockers and meeting room facilities. Its bowling centers provide shoes for rental, and it also provides bowling balls. In addition, each center sells retail bowling accessories. Its bowling centers also offer glow-in-the-dark bowling and non-league bowling. It offers bowling centers for kids, companies and adults. BOWL AMERICA INCORPORATED (NYSEMKT:BWL.A) Recent Trading Information
BOWL AMERICA INCORPORATED (NYSEMKT:BWL.A) closed its last trading session 00.00 at 14.50 with 2,786 shares trading hands.