Communications Systems, Inc. (NASDAQ:JCS) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07Submission of Matters to Vote of Security Holders
Communications Systems, Inc. (the Company) held its 2017 Annual
Meeting of Shareholders on May 24, 2017. The proposals considered
at the Companys 2017 Annual Meeting are described in detail in
the Companys Proxy Statement.
Of the 8,930,784 shares of the Companys common stock outstanding
and entitled to vote at the meeting, 7,827,777 shares or 87.6% of
the outstanding shares were present either in person or by proxy.
The following describes the matters considered by the Companys
shareholders at the Annual Meeting, as well as the final results
of the votes cast at the meeting:
1. To elect six directors of the Company to hold office until the
next Annual Meeting of Shareholders or until their respective
successors have been elected and qualified.
| Nominee | For | Withhold | Broker Non-Vote |
| Curtis A. Sampson | 2,742,204 | 3,017,409 | 2,068,164 |
| Roger H. D. Lacey | 2,746,816 | 3,012,797 | 2,068,164 |
| Gerald D. Pint | 3,839,034 | 1,920,579 | 2,068,164 |
| Richard A. Primuth | 2,921,855 | 2,837,758 | 2,068,164 |
| Randall D. Sampson | 3,897,877 | 1,861,736 | 2,068,164 |
| Steven C. Webster | 4,416,149 | 1,343,464 | 2,068,164 |
2. To ratify and approve the appointment of Baker Tilly Virchow
Krause, LLP as the independent registered public accounting firm
for the Company for the fiscal year ending December 31, 2017.
| For | Against | Abstain |
| 6,491,810 | 167,407 | 61,520 |
As a result, the shareholders (i) elected each nominee as a
director of the Company and (ii) ratified the appointment of
Baker Tilly Virchow Krause, LLP as the independent registered
public accounting firm for the Company for the fiscal year ending
December 31, 2017.
Item 8.01Other Events
On May 24, 2017, the Companys Board of Directors (Board)
appointed newly elected director Steven C. Webster to the Boards
Audit and Finance Committee. The other members of the Audit and
Finance Committee are Chair Randall D. Sampson and Richard A.
Primuth.
About Communications Systems, Inc. (NASDAQ:JCS)
Communications Systems, Inc. (CSI) operates directly and through its subsidiaries located in the United States, Costa Rica and the United Kingdom. The Company operates through three segments: Suttle, Transition Networks and JDL Technologies (JDL). The Company provides physical connectivity infrastructure products and services for global deployments of broadband networks. The Company is principally engaged through its subsidiary and business unit, Suttle, Inc., in the manufacture and sale of connectivity infrastructure products for broadband and voice communications, and through its another subsidiary and business unit, Transition Networks, Inc., in the manufacture and sale of core media conversion products for broadband networks. Through its JDL Technologies, Inc. subsidiary and business unit, CSI provides information technology (IT) solutions, including network design, computer infrastructure installations, IT service management, network security and network operation services. Communications Systems, Inc. (NASDAQ:JCS) Recent Trading Information
Communications Systems, Inc. (NASDAQ:JCS) closed its last trading session up +0.12 at 4.64 with 51,464 shares trading hands.
