EZCORP, Inc. (NASDAQ:EZPW) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 — Submission of Matters to a Vote of Security Holders
Effective December 8, 2017, the sole holder of the company’s Class B Voting Common Stock (the "Voting Stockholder") approved an amendment to the EZCORP, Inc. 2010 Long-Term Incentive Plan (the "Plan") to increase the number of shares of Class A Non-Voting Common Stock that the Company is authorized to issue under the Plan by 1,100,000 shares. Specifically, the amendment amends the first sentence of Section 3.1 of the Plan to read as follows:
This amendment was approved by the Compensation Committee and the Board of Directors prior to submission to the Voting Stockholder.
A copy of the amended and restated Plan is filed as Exhibit 10.1 to this Report.
On December 8, 2017, there were 2,970,171 shares of the company's ClassB Voting Common Stock outstanding, all of which are held by MS Pawn Limited Partnership.
Item 5.07 — Financial Statements and Exhibits
hereAbout EZCORP, Inc. (NASDAQ:EZPW)
EZCORP, Inc. provides pawn loans in the United States and Mexico, and consumer loans in Mexico. The Company operates through four segments: U.S. Pawn, which includes its EZPAWN, value pawn and jewelry, and other branded pawn operations in the United States; Mexico Pawn, which includes its Empeno Facil pawn operations and cash converters buy/sell store operations in Mexico; Grupo Finmart, which includes its Crediamigo and Adex payroll withholding loan operations in Mexico, and Other International, which includes its CASHMAX financial services operations in Canada and its equity interest in Cash Converters International. It offers pawn loans, which are non-recourse loans, collateralized by tangible property, and it sells merchandise, primarily collateral forfeited from pawn lending operations and used merchandise purchased from customers at its pawn stores.
