FUEL TECH, INC. (NASDAQ:FTEK) 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.>
Company) held its Annual Meeting of Stockholders, at which the
stockholders voted upon: (a) the election of Vincent J. Arnone,
Douglas G. Bailey, James J. Markowsky, Thomas S. Shaw, Jr. and
Dennis L. Zeitler to the Companys Board of Directors until the
Companys next Annual Meeting of Stockholders or until their
respective successors are duly elected and qualified; (b) a
proposal to adopt an amendment to the Companys Certificate of
Incorporation to: (i) effect a reverse stock split of the
Companys outstanding Common Stock at a ratio of not less than
one-for-five (1:5) and not more than one-for-ten (1:10), and (ii)
to reduce proportionately the shares of Common Stock authorized
for issuances; (c) the ratification of the appointment of RSM US
LLP as the Companys independent registered public accounting
firm; (d) an advisory vote on executive compensation; and (e) an
advisory vote on the frequency of the executive compensation
advisory vote.
amendment to the Companys Certificate of Incorporation, approved
the ratification of the appointment of RSM US LLP as the Companys
independent registered public accounting firm and approved, on an
advisory, non-binding basis, Fuel Techs executive compensation
and conducting the executive compensation advisory vote on an
annual basis.
number of abstentions and broker non-votes with respect to each
matter voted upon, as applicable, are set forth below.
|
Director
|
For
|
Withheld
|
Broker Non-Votes
|
|
Vincent J. Arnone
|
13,468,667
|
625,729
|
6,175,820
|
|
Douglas G. Bailey
|
13,252,815
|
841,581
|
6,175,820
|
|
James J. Markowsky
|
13,492,184
|
602,212
|
6,175,820
|
|
Thomas S. Shaw, Jr.
|
13,392,207
|
702,189
|
6,175,820
|
|
Dennis L. Zeitler
|
13,439,356
|
655,040
|
6,175,820
|
Certificate of Incorporation to: (i) effect a reverse stock split
of the Companys outstanding Common Stock at a ratio of not less
than one-for-five (1:5) and not more than one-for-ten (1:10), and
(ii) to reduce proportionately the shares of Common Stock
authorized for issuances
|
For
|
Against
|
Abstain
|
|
18,850,775
|
1,344,486
|
74,955
|
independent registered public accounting firm
|
For
|
Against
|
Abstain
|
|
19,885,617
|
291,828
|
92,771
|
|
For
|
Against
|
Abstain
|
Broker Non-Votes
|
|
13,273,344
|
735,874
|
85,178
|
6,175,820
|
compensation vote
|
One Year
|
Two Years
|
Three Years
|
Abstain
|
Broker Non-Votes
|
|
12,324,037
|
40,183
|
1,619,231
|
110,945
|
6,175,820
|
About FUEL TECH, INC. (NASDAQ:FTEK)
Fuel Tech, Inc. is a technology company. The Company is engaged in the development, commercialization and application of technologies for air pollution control, process optimization, combustion efficiency and engineering services. It operates through three segments: Air Pollution Control technology, FUEL CHEM technology and Fuel Conversion. The Air Pollution Control technology segment includes technologies to manage nitrogen oxides (NOx) emissions in flue gas from boilers, incinerators, furnaces and other stationary combustion sources. The FUEL CHEM technology segment uses chemical processes in combination with computational fluid dynamics (CFD) and chemical kinetics modeling (CKM) boiler modeling, for the control of slagging, fouling, corrosion, opacity and other sulfur trioxide-related issues in furnaces and boilers through the addition of chemicals into the furnace. The Fuel Conversion segment represents the CARBONITE fuel conversion process and technology. FUEL TECH, INC. (NASDAQ:FTEK) Recent Trading Information
FUEL TECH, INC. (NASDAQ:FTEK) closed its last trading session up +0.052 at 0.880 with 48,278 shares trading hands.