LONG ISLAND ICED TEA CORP. (NASDAQ:LTEA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
The information under Item 5.07 is incorporated herein by reference.
| Item 5.07. | Submission of Matters to a Vote of Security Holders. |
On August 9, 2017, the Company held an annual meeting of stockholders (the “Annual Meeting”). The proposals considered by the Company’s stockholders at the Annual Meeting and a final tabulation of votes cast for and against each proposal, as well as the number of abstentions and broker non-votes with respect to each proposal, are set forth below:
1.A proposal to elect four members of the Company’s board of directors as Class 2 directors, each to hold office until the second succeeding annual meeting and until his successor is duly elected and qualified.
| Director | For | Withheld | Broker Non-Vote |
| Tom Cardella | 2,494,998 | 184,589 | 1,570,009 |
| Julian Davidson | 2,495,811 | 183,776 | 1,570,009 |
| Philip Thomas | 2,494,998 | 184,589 | 1,570,009 |
| Paul Vassilakos | 2,564,902 | 114,685 | 1,570,009 |
Based on the results set forth above, the Company’s stockholders elected Messrs. Cardella, Davidson, Thomas and Vassilakos as directors.
2. A proposal to approve the Company’s 2017 Long-Term Incentive Equity Plan (the “Plan”).
| For | Against | Abstain | Broker Non-Vote |
| 2,454,608 | 15,603 | 209,376 | 1,570,009 |
Based on the results set forth above, the Company’s stockholders approved the Plan. A detailed description of the Plan is set forth on pages 5 to 11 of the Proxy Statement, which description is incorporated herein by reference. Such description does not purport to be complete and is qualified in its entirety by reference to the full text of the Plan, which is attached as Annex A to the Proxy Statement and also is incorporated herein by reference.
3. A proposal to ratify the appointment of Marcum LLP as the Company’s independent registered certified public accounting firm for the year ending December 31, 2017.
| For | Against | Abstain | Broker Non-Vote |
| 3,934,367 | 90,229 | 225,000 |
Based on the results set forth above, the Company’s stockholders ratified the appointment of Marcum LLP.
About LONG ISLAND ICED TEA CORP. (NASDAQ:LTEA)
Long Island Iced Tea Corp. is a holding company operating through its subsidiary, Long Island Brand Beverages, LLC (LIBB). The Company is engaged in the production and distribution of Non-Alcoholic Ready-to-Drink (NARTD) iced tea in the beverage industry. It is organized around its brand, Long Island Iced Tea. Long Island Iced Tea is sold primarily on the East Coast of the United States through a network of national and regional retail chains and distributors. The Company produces brewed tea, using black tea leaves, purified water and natural cane sugar or sucralose. The Company’s Long Island Iced Tea’s flavors include lemon, peach, raspberry, guava, mango, diet lemon, diet peach, sweet tea, green tea and honey, and half tea and half lemonade. It also offers lower calorie iced tea in over 12 ounce bottles. The lower calorie flavor options include mango, raspberry and peach. The Company’s products include All-Natural Tea, Diet Tea, Fruit-Flavored Tea, Organic Tea and Herbal Tea.
