MGP Ingredients, Inc. (NASDAQ:MGPI) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 Submission of Matters to a Vote of Security Holders.
The 2018 Annual Meeting of Stockholders of the Company (the "Annual Meeting") was held on May 23, 2018, in Atchison, Kansas. At the Annual Meeting, the holders of 15,824,506 shares of the Company’s Common Stock were represented in person or by proxy and 315 shares of the Company’s Preferred Stock were represented in person or by proxy, constituting a quorum. The following matters were submitted to a vote of stockholders and the results of the vote were as follows:
1. Elect eight (8) directors.
(i) Group A directors by the holders of Common Stock
|
Director |
For |
Against |
Abstentions |
Broker Non-Votes |
|
James L. Bareuther |
12,185,266 |
1,128,090 |
6,497 |
2,504,653 |
|
Terrence P. Dunn |
12,025,895 |
1,287,462 |
6,496 |
2,504,653 |
|
Anthony P. Foglio |
13,212,586 |
1,128,186 |
6,497 |
2,504,653 |
|
David J. Colo |
13,082,141 |
1,127,662 |
6,446 |
2,504,653 |
(ii) Group B directors by the holders of Preferred Stock
|
Director |
For |
Withheld |
Broker Non-Votes |
|
Augustus C. Griffin |
|||
|
George W. Page, Jr. |
|||
|
Karen L. Seaberg |
|||
|
M. Jeannine Strandjord |
2. Ratify the appointment of KPMG LLP as the Company’s independent registered public accounting firm.
|
Class |
For |
Against |
Abstentions |
Broker Non-Votes |
|
Common Stock |
15,743,973 |
74,413 |
6,120 |
|
|
Preferred Stock |
3. Adopt an advisory resolution to approve the compensation of the Company's named executive officers.
|
Class |
For |
Against |
Abstentions |
Broker Non-Votes |
|
Common Stock |
13,043,797 |
252,169 |
23,887 |
2,504,653 |
|
Preferred Stock |
About MGP Ingredients, Inc. (NASDAQ:MGPI)
MGP Ingredients, Inc. is a holding company. The Company’s principal operating subsidiaries are MGPI Processing, Inc. and MGPI of Indiana, LLC (MGPI-I). The Company produces and supplies distilled spirits, and wheat proteins and starches. The Company’s distilled spirits include bourbon and rye whiskeys, and grain neutral spirits, including vodka and gin. The Company also produces industrial alcohol for use in both food and non-food applications. Its distillery products are derived from corn and other grains, including rye, barley, wheat, barley malt and milo. The Company operates through two segments: distillery products and ingredient solutions. Its distillery products segment consists of food grade alcohol and co-products of its distillery operations, including distillers feed, fuel grade alcohol and corn oil. Its ingredient solutions segment consists of specialty wheat starches, specialty wheat proteins, commodity wheat starch and commodity wheat protein or vital wheat gluten.