IEH Corporation (OTCMKTS:IEHC) Files An 8-K Submission of Matters to a Vote of Security Holders

IEH Corporation (OTCMKTS:IEHC) Files An 8-K Submission of Matters to a Vote of Security Holders

Story continues below

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 (OTCMKTS:IEHC)

IEH Corporation designs, develops and manufactures printed circuit connectors for high performance applications. The Company offers circular product line of connectors for the medical industry, which also includes connector cable assemblies. The Company also offers a plastic circular connector line. Its products line features high-density connectors. All of the Company’s connectors utilize its HYPERBOLOID contact design, a contact system for high-stress environments. It produces HYPERBOLOID in the United States. The Company is primarily a manufacturer and its products are basic components of assemblies of finished goods. It sells products directly and through approximately 20 independent sales representatives located in all regions of the United States, Canada, Israel, India, various Pacific Rim countries, South Korea and the European Union (EU). It offers various products under the Military Qualified Product Listing (QPL).

IEH Corporation (OTCMKTS:IEHC) Recent Trading Information

IEH Corporation (OTCMKTS:IEHC) closed its last trading session 00.00 at 6.10 with 300 shares trading hands.

An ad to help with our costs