HOOKER FURNITURE CORPORATION (NASDAQ:HOFT) 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.
Corporation (the Company) held on June 6, 2017, shareholders
voted on the matters described below:
|
1.
|
The Companys shareholders elected each of the following
seven directors to serve a one-year term on the Companys Board of Directors by the following vote: |
|
Votes
|
Votes
|
Broker
|
||||
|
Director
|
For
|
Withheld
|
Non-votes
|
|||
|
Paul B. Toms, Jr.
|
9,074,433
|
198,419
|
1,144,406
|
|||
|
W. Christopher Beeler, Jr.
|
8,920,827
|
352,025
|
1,144,406
|
|||
|
John L. Gregory, III
|
8,916,554
|
356,298
|
1,144,406
|
|||
|
E. Larry Ryder
|
9,044,146
|
228,706
|
1,144,406
|
|||
|
David G. Sweet
|
9,071,697
|
201,155
|
1,144,406
|
|||
|
Ellen C. Taaffe
|
9,091,870
|
180,982
|
1,144,406
|
|||
|
Henry G. Williamson, Jr.
|
9,079,963
|
192,889
|
1,144,406
|
|
2.
|
The Companys shareholders ratified the selection of KPMG
LLP as the Companys independent registered public accounting firm for the fiscal year ending January 28, 2018 by the following vote: |
|
Votes For
|
Votes Against
|
Abstain
|
Broker Non-votes
|
|||
|
10,335,479
|
58,890
|
22,889
|
–
|
|
3.
|
The Companys shareholders approved, on an advisory basis,
the executive compensation program for its named executive officers as disclosed in the Companys Proxy Statement for the Annual Meeting. The proposal was approved by the following vote: |
|
Votes For
|
Votes Against
|
Abstain
|
Broker Non-votes
|
|||
|
9,171,288
|
67,765
|
33,799
|
1,144,406
|
|
4.
|
The option to hold an advisory vote on the compensation
of the Companys named executive officers every year received the highest number of votes, as set forth below: |
|
Every 1 Year
|
Every 2 Years
|
Every 3 Years
|
Votes Abstain
|
Broker Non-votes
|
||||
|
7,326,321
|
22,083
|
1,774,996
|
149,452
|
1,144,406
|
recommendation of the Companys Board of Directors, the Company
will include in its proxy materials annually a shareholder
advisory vote on the compensation of its named executive officers
until the next vote on the frequency of such advisory votes.
About HOOKER FURNITURE CORPORATION (NASDAQ:HOFT)
Hooker Furniture Corporation is a home furnishings marketing, design and logistics company offering sourcing of residential casegoods and upholstery, as well as domestically-produced leather and fabric-upholstered furniture. The Company operates through three segments: casegoods furniture, upholstered furniture and all other. The Company’s casegoods product categories include accents, home office, dining, bedroom and home entertainment furniture under the Hooker Furniture brand. Its residential upholstered seating companies include Bradington-Young, which is engaged in upscale motion and stationary leather furniture, and Sam Moore Furniture, which is engaged in upscale occasional chairs, settees, sofas and sectional seating with a focus on cover-to-frame customization. It also markets a line of imported leather upholstery under the Hooker Upholstery trade name. All other segment operates under the H Contract and Homeware brands.
