GAIA, INC. (NASDAQ:GAIA) 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.
On May 4, 2017, Gaia, Inc. (Gaia) held its 2017 annual meeting of
shareholders. At that meeting, the shareholders voted on three
proposals, as described in Gaias definitive proxy statement for
the 2017 annual meeting of shareholders, filed with the
Commission on March 24, 2017, which description is incorporated
herein by reference.
Proposal 1
All of the directors of Gaia are elected annually. All nominees
for director were elected by the following votes, each to serve
until the next annual meeting of shareholders to be held in 2018
or until successors are duly elected and qualified:
|
Broker |
||||
|
For |
Withheld |
Non-Votes |
||
|
Jirka Rysavy |
57,693,099 |
1,638,553 |
||
|
Kristin Frank |
57,817,080 |
1,514,572 |
||
|
Chris Jaeb |
57,683,431 |
1,648,221 |
||
|
David Maisel |
58,047,415 |
1,284,237 |
||
|
Keyur Patel |
57,848,150 |
1,483,502 |
||
|
Wendy Schoppert |
57,622,079 |
1,709,573 |
||
|
Paul Sutherland |
57,681,625 |
1,650,027 |
||
Proposal 2
Proposal 2 was a non-binding advisory proposal to approve Gaias
executive compensation. This proposal was approved.
|
Broker |
||||||
|
For |
Against |
Abstain |
Non-Votes |
|||
|
58,955,751 |
364,737 |
11,164 |
||||
Proposal 3
Proposal 3 was a non-binding advisory proposal to vote on the
frequency of the advisory approval of executive compensation.
Three years was approved.
|
Broker |
||||||||||
|
1 Year |
2 Years |
3 Years |
Abstentions |
Non-Votes |
Uncast |
|||||
|
2,026,885 |
7,837 |
57,256,593 |
40,337 |
4,769,561 |
||||||
In light of the outcome of the vote, the Board of Directors has
determined to include a non-binding advisory proposal to approve
Gaias executive compensation in its proxy materials every three
years until the next required vote on the frequency of the
advisory approval of executive compensation.
About GAIA, INC. (NASDAQ:GAIA)
Gaia, Inc., formerly Gaiam, Inc., is engaged in providing global digital video subscription service. The Company is a global digital video streaming service and online community delivering curated media to its subscribers in over 120 countries. It provides its members access to approximately 7,000 video titles. Its video content is available to its subscribers through online digital streaming on virtually any Internet-connected device on a commercial-free basis. In addition to streaming, the Company’s subscribers can download its video content to their devices, so they can view its content without being actively connected to the Internet. Through the Gaia service, the Company’s subscribers have access to a library of inspiring films, personal growth-related content, documentaries, interviews, yoga classes and fitness. The Company has also created a fitness and yoga-focused version of its video service. The Company also operates a digital versatile disc (DVD) subscription club. GAIA, INC. (NASDAQ:GAIA) Recent Trading Information
GAIA, INC. (NASDAQ:GAIA) closed its last trading session down -0.35 at 11.05 with 76,264 shares trading hands.
