EMERGENT CAPITAL, INC. (NYSE:EMG) 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
Annual Meeting of Shareholders. The results of matters submitted
to a vote were as follows:
below for a one-year term expiring at the next Annual Meeting of
Shareholders. The shareholders voted as follows:
|
Nominee
|
Votes For
|
Votes Withheld
|
Broker Non-Votes
|
|
James Chadwick
|
13,485,984
|
3,372,607
|
|
|
Michael Crow
|
13,486,621
|
3,371,970
|
|
|
Andrew Dakos
|
12,121,047
|
4,737,544
|
|
|
Phillip Goldstein
|
11,755,265
|
5,103,326
|
|
|
Gerald Hellerman
|
12,950,654
|
3,907,937
|
|
|
Antony Mitchell
|
13,498,234
|
3,360,357
|
|
|
Gilbert Nathan
|
14,985,081
|
1,873,510
|
of the Companys named executive officers for the fiscal year
ended December 31, 2016. The shareholders voted as follows:
|
For
|
Against
|
Abstain
|
Broker Non-Votes
|
|
12,568,545
|
3,796,039
|
494,007
|
Registered Public Accountant.
registered public accounting firm for the fiscal year ending
December 31, 2017 was ratified by shareholders. The shareholders
voted as follows:
|
For
|
Against
|
Abstain
|
|
15,635,206
|
749,675
|
473,710
|
Incorporation.
of Incorporation to increase the number of authorized shares of
the Companys common stock. The shareholders voted as follows:
|
For
|
Against
|
Abstain
|
|
13,761,886
|
2,383,144
|
713,561
|
Amended and Restated 2010 Omnibus Incentive Plan.
and Restated 2010 Omnibus Incentive Plan (the Plan), including an
increase to the total number of shares authorized under the Plan.
The shareholders voted as follows:
|
For
|
Against
|
Abstain
|
|
12,265,980
|
4,528,925
|
63,686
|
About EMERGENT CAPITAL, INC. (NYSE:EMG)
Emergent Capital, Inc., formerly Imperial Holdings, Inc., is a specialty finance company that invests in asset classes, primarily life settlements. The Company, through its subsidiary companies, owns a portfolio of approximately 630 life insurance policies (life settlements). The Company purchases individual policies and portfolios of life insurance policies and manages those assets based on actuarial and market data. The Company provides customized liquidity solutions to owners of illiquid financial assets in two markets, which include life finance and structured settlements. The Company focuses on lending to outright purchases of portfolios, to tertiary trades, as well as individual secondary market purchases. The Company invests in short and long-term life settlement investments.
