IEH Corporation (NASDAQ:IEHC) 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.
IEH Corporation (the Company) held its 2016 Annual Meeting of
Shareholders on December 16, 2016 at the Companys executive
offices in Brooklyn, New York. The results of the matters voted
on by the shareholders are set forth below. Only shareholders of
record as of the close of business on October 21, 2016 were
entitled to vote at the 2016 Annual Meeting. As of the record
date, 2,303,468 shares of common stock of the Company were
outstanding and entitled to vote at the 2016 Annual Meeting. At
the 2016 Annual Meeting, 1,325,484 shares of common stock of the
Company were represented, in person or by proxy, constituting a
quorum.
The proposals presented to the Companys shareholders at the 2016
Annual Meeting are described in detail in the Companys Proxy
Statement. The final results for the votes regarding each
proposal are set forth below.
Proposal 1 Election of three Class I directors nominated
by the Board to serve until the Companys 2018 Annual Meeting and
until their respective successors are duly elected and
qualified
The three nominees who received the highest number of votes (all
of the below individuals) were elected to the board of directors
to hold office for a two-year term and until their respective
successors are elected and qualified. The shareholders voted to
elect the following three directors by the votes indicated below:
| Nominee | For | Withheld | Broker Non-Votes | |||
| Michael Offerman | 1,206,432 | 119,052 | ||||
| Eric C. Hugel | 1,182,734 | 142,750 | ||||
| Sonia Marciano | 1,182,504 | 142,980 | ||||
Proposal 2 Advisory Vote on the Compensation of the
Companys Named Executive Officers
The shareholders approved, on an advisory basis, the compensation
paid to the Companys named executive officers, as disclosed to
Item402 of Regulation S-K and contained in the Companys Proxy
Statement, by the following votes:
| For | Against | Abstain | Broker Non-Votes | |||
| 1,181,370 | 2,784 | 141,330 |
Proposal 3 Ratification of Selection of Independent
Registered Public Accounting Firm
The shareholders voted to ratify the appointment of Jerome
Rosenberg, CPA, P.C. as the Companys independent registered
public accounting firm for the fiscal year ending March 31, 2017,
by the following votes:
| For | Against | Abstain | ||
| 1,325,454 |
About IEH Corporation (NASDAQ:IEHC)