MTGE Investment Corp. (NASDAQ:MTGE) 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.
Annual Meeting of Stockholders (the Annual Meeting) at the Hyatt
Regency Bethesda, Bethesda, Maryland 20814 at 9:00 a.m. (ET). The
record date for the Annual Meeting was March 8, 2017. As of the
record date, a total of 45,797,687 shares of the Companys common
stock, par value $0.01 (Common Stock), were entitled to vote at
the Annual Meeting. There were 37,236,492 shares of Common Stock
present in person or by proxy at the Annual Meeting. Set forth
below are the matters acted upon by the common stockholders and
the final voting results of each such proposal.
to elect five (5) Director Nominees to hold office for a term of
one (1) year and until his or her successor is duly elected and
qualified.
|
Nominee
|
For
|
Against
|
Abstain
|
Non Votes
|
|||||
|
Gary D. Kain
|
26,282,646
|
191,712
|
139,561
|
10,622,572
|
|||||
|
Steven W. Abrahams
|
26,291,958
|
182,634
|
139,327
|
10,622,572
|
|||||
|
Julia L. Coronado
|
26,270,231
|
204,713
|
138,975
|
10,622,572
|
|||||
|
Robert M. Couch
|
26,254,002
|
220,788
|
139,129
|
10,622,572
|
|||||
|
Randy E. Dobbs
|
26,244,666
|
229,214
|
140,039
|
10,622,572
|
on an advisory and non-binding basis in favor of approval of the
advisory resolution on executive compensation.
|
For
|
Against
|
Abstain
|
Non Votes
|
|
25,894,213
|
491,111
|
228,595
|
10,622,572
|
The results of the non-binding advisory vote on the frequency of
the stockholder vote to approve the compensation of the Companys
named executive officers are as set forth below:
|
1 Year
|
2 Year
|
3 Year
|
Abstain
|
Non Votes
|
|
21,554,818
|
137,089
|
4,729,536
|
192,474
|
10,622,572
|
Companys Board of Directors decided, at a meeting held on May 2,
2017, that the Company will hold an advisory say-on-pay vote
every year in conjunction with its annual meeting of
stockholders. Accordingly, the Company will include an advisory
say-on-pay vote every year in its future proxy materials until
the next stockholder vote on the frequency of say-on-pay votes,
which will be held no later than the Companys annual meeting of
stockholders in 2023.
common stockholders voted to ratify the appointment of Ernst
Young LLP as the Companys independent public accountant for the
year ending December 31, 2017.
|
For
|
Against
|
Abstain
|
Non Votes
|
|
36,698,819
|
311,088
|
226,584
|
About MTGE Investment Corp. (NASDAQ:MTGE)
MTGE Investment Corp., formerly American Capital Mortgage Investment Corp., is a hybrid mortgage real estate investment trust. The Company invests in, finances and manages a portfolio of real estate-related investments, which the Company defines to include agency residential mortgage-backed securities, non-agency mortgage investments, other mortgage-related investments and other real estate investments. Its objective is to generate attractive risk-adjusted returns for distribution to its stockholders over the long-term through a combination of dividends and net book value appreciation. The Company invests in agency RMBS issued by Federal National Mortgage Association and Federal Home Loan Mortgage Corporation. Its other real estate investments may include equity investments in healthcare and independent living facilities, and debt investments. The Company is externally-managed by a subsidiary of AGNC Investment Corp. MTGE Investment Corp. (NASDAQ:MTGE) Recent Trading Information
MTGE Investment Corp. (NASDAQ:MTGE) closed its last trading session down -0.20 at 17.85 with 939,161 shares trading hands.
