Consolidated-Tomoka Land Co. (NYSEMKT:CTO) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07. Submission of Matters to a Vote of Security Holders.
The 2018 Annual Meeting of Shareholders (the “2018 Annual Meeting”) of Consolidated-Tomoka Land Co. (the “Company”) was held on April25, 2018 at LPGA International Golf Club in Daytona Beach, Florida. Set forth below are the proposals voted upon at the 2018 Annual Meeting, and the preliminary tabulation reported by the independent inspector of elections, First Coast Results,Inc. (“First Coast”).
These results are based on a preliminary tabulation only and are subject to change based on certification of the voting results by First Coast. The Company will file an amendment to this Current Report on Form8‑K to disclose the final voting results after receiving the final certified report from First Coast.
As of the close of business on March2, 2018, the record date for the 2018 Annual Meeting, 5,595,040 shares of the Company’s common stock, $1 par value (“Common Stock”), were outstanding and entitled to vote. Based on the preliminary tabulation of the voting results from First Coast, and subject to the qualifications set forth herein, at least 4,857,171 shares of Common Stock were voted in person or by proxy at the 2018 Annual Meeting, representing nearly 87% of the total shares entitled to be voted.
The preliminary tabulation of the voting results (subject to the qualifications set forth herein) from First Coast for the proposals presented at the 2018 Annual Meeting is as follows:
Proposal 1– Election of Directors
The Company’s Board of Director Nominees
|
Director |
For |
Withheld |
|
John P. Albright |
3,063,983 |
33,997 |
|
Laura M. Franklin |
2,804,597 |
293,383 |
|
Christopher W. Haga |
2,972,188 |
125,792 |
|
William L. Olivari |
2,903,305 |
194,675 |
|
Howard C. Serkin |
2,812,736 |
285,244 |
|
Thomas P. Warlow, III |
2,812,211 |
285,769 |
|
Casey R. Wold |
2,812,839 |
285,141 |
Wintergreen’s Nominees
|
Director |
For |
Withheld |
|
Elizabeth N. Cohernour |
1,620,667 |
32,295 |
|
Evan H. Ho |
1,620,667 |
32,295 |
|
David J. Winters |
1,620,667 |
32,295 |
The total estimated number of broker non-votes with respect to Proposal 1 was 150,883. Based on the preliminary tabulation, the seven directors elected at the meeting would be: John. P. Albright; Laura M. Franklin; Christopher W. Haga; William L. Olivari; Howard C. Serkin; Thomas P. Warlow,III; and Casey R. Wold.