Johnson Outdoors Inc. (NASDAQ:JOUT) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k
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Johnson Outdoors Inc. (NASDAQ:JOUT) 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.
The Annual Meeting of Shareholders of Johnson Outdoors Inc. (the
“Company”) was held on March 2, 2017. The matters voted on at
the Annual Meeting were as follows:
1. Election of Directors:
The following individuals were elected to the Board of Directors
for terms that expire at the next annual meeting of shareholders.
Name
Votes
For
Votes
Withheld
Broker
Non-Votes
Class A Directors:
Terry E. London
7,420,063
195,381
719,313
John M. Fahey, Jr.
7,420,149
195,295
719,313
Class B Directors:
Helen P. Johnson-Leipold
1,210,696
Thomas F. Pyle, Jr.
1,210,696
Katherine Button Bell
1,210,696
Edward F. Lang
1,210,696
Richard “Casey” Sheahan
1,210,696
Edward Stevens
1,210,696
Nominations were made by the Board of Directors and no other
nominations were made by any shareholder. All of the nominees
were members of the Board of Directors at the date of the Annual
Meeting.
2. Ratification of the Appointment of Independent Registered
Public Accountants for the Company for the Fiscal Year Ending
September 29, 2017:
The shareholders voted to ratify the appointment of RSM US LLP by
the Audit Committee of the Company’s Board of Directors as the
Company’s independent registered public accounting firm for the
fiscal year ending September 29, 2017.
Votes For (1)
Votes Against (1)
Abstentions (1)
Broker Non-Votes (1)
20,420,720
15,345
5,652
(1) Votes cast for or against and abstentions with respect to
this proposal reflect that holders of Class B shares are entitled
to 10 votes per share when voting together with holders of Class
A shares.
3. Advisory (non-binding) vote on executive compensation:
The shareholders approved the non-binding advisory proposal on
executive compensation as disclosed in the proxy statement for
the Annual Meeting of Shareholders.
Votes For (1)
Votes Against (1)
Abstentions (1)
Broker Non-Votes (1)
19,602,658
97,936
21,810 719,313
(1) Votes cast for or against and abstentions with respect to
this proposal reflect that holders of Class B shares are
entitled to 10 votes per share when voting together with
holders of Class A shares.
4. Advisory (non-binding) vote on the frequency of future
advisory votes on executive compensation:
The shareholders approved a frequency of every year for future
advisory (non-binding) votes on executive compensation.
One Year (1)
Two Years (1)
Three Years (1)
Abstentions (1)
18,488,275 23,191 1,200,670 10,268
(1) Votes cast for or against and abstentions with respect to
this proposal reflect that holders of Class B shares are
entitled to 10 votes per share when voting together with
holders of Class A shares.
In accordance with the shareholder voting results, in which
every “One Year” received the highest number of votes cast on
the frequency proposal, and the Board of Directors’
recommendation in the Proxy Statement for the Annual Meeting,
the Company’s Board of Directors has determined that future
shareholder non-binding advisory votes on executive
compensation will continue to occur every one year.
Accordingly, the next shareholder non-binding advisory vote on
executive compensation will be held at the Company’s 2018
Annual Meeting of Shareholders. The next required shareholder
non-binding advisory vote regarding the frequency interval will
be held in six years at the Company’s 2023 Annual Meeting of
Shareholders.
5. Proposal to adopt and approve amending the Johnson Outdoors
2012 Non-Employee Director Stock Ownership Plan:
The shareholders approved the proposal to adopt and approve
amending the Johnson Outdoors 2012 Non-Employee Director Stock
Ownership Plan, as disclosed in the proxy statement for the
Annual Meeting of Shareholders.
Votes For (1)
Votes Against (1)
Abstentions (1)
Broker Non-Votes (1)
19,186,427 526,125 9,852 719,313
(1) Votes cast for or against and abstentions with respect to
this proposal reflect that holders of Class B shares are
entitled to 10 votes per share when voting together with
holders of Class A shares.

6. Proposal to adopt and approve amending the Johnson
Outdoors 2009 Employees’ Stock Purchase Plan:

The shareholders approved the proposal to adopt and approve
amending the Johnson Outdoors 2009 Employees’ Stock Purchase
Plan, as disclosed in the proxy statement for the Annual
Meeting of Shareholders.
Votes For (1)
Votes Against (1)
Abstentions (1)
Broker Non-Votes (1)
19,671,430 35,436 15,538 719,313
(1) Votes cast for or against and abstentions with respect to
this proposal reflect that holders of Class B shares are entitled
to 10 votes per share when voting together with holders of Class
A shares.


About Johnson Outdoors Inc. (NASDAQ:JOUT)

Johnson Outdoors Inc. is a manufacturer and marketer of branded seasonal, outdoor recreation products. The Company operates through four segments: Marine Electronics, Outdoor Equipment, Watercraft and Diving. Its Marine Electronics segment’s brands are Minn Kota, Humminbird and Cannon. Its Outdoor Equipment segment’s brands are Eureka!, Jetboil and Silva. Its Watercraft segment designs and markets Necky sea touring kayaks; sit on top Ocean Kayaks, and Old Town canoes and kayaks for family recreation, touring, angling and tripping. The Company manufactures and markets underwater diving products for recreational divers, which it sells and distributes under the SCUBAPRO brand name. It markets a line of underwater diving and snorkeling equipment, including regulators, buoyancy compensators, dive computers and gauges, wetsuits, masks, fins, snorkels and accessories. The Company’s products are used for fishing from a boat, diving, paddling, hiking and camping.

Johnson Outdoors Inc. (NASDAQ:JOUT) Recent Trading Information

Johnson Outdoors Inc. (NASDAQ:JOUT) closed its last trading session down -0.06 at 35.16 with 24,920 shares trading hands.