NATHANS FAMOUS, INC. (NASDAQ:NATH) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07
On September 13, 2017, Nathan’s Famous, Inc. (the “Company”) held its annual meeting of stockholders. At the annual meeting, stockholders of the Company voted on the matters set forth below. Each outstanding common share as of the record date was entitled to one vote on the proposals voted on at the meeting.
1.The proposal to elect eight directors was approved based upon the following vote:
|
Name |
For |
Withheld |
Broker Non-Votes |
| Robert J. Eide | 2,700,663 | 312,282 | 812,508 |
| Eric Gatoff | 2,782,886 | 230,059 | 812,508 |
| Brian S. Genson | 2,717,222 | 295,723 | 812,508 |
| Barry Leistner | 2,743,015 | 269,930 | 812,508 |
| Howard M. Lorber | 2,288,013 | 724,932 | 812,508 |
| Wayne Norbitz | 2,720,036 | 292,909 | 812,508 |
| A.F. Petrocelli | 2,585,960 | 426,985 | 812,508 |
| Charles Raich | 2,597,521 | 415,424 | 812,508 |
2.The non-binding advisory proposal on the compensation of the Company’s named executive officers as described in the Compensation Discussion and Analysis, executive compensation tables and accompanying narrative disclosure in the Company’s Proxy Statement for the Company’s 2017 Annual Meeting of Stockholders was approved based on the following vote:
|
For |
Against |
Abstain |
Broker Non-Votes |
| 2,946,382 | 58,629 | 7,934 | 812,508 |
3.The votes cast for the non-binding advisory vote on the frequency of stockholder advice on executive compensation was as follows:
|
One Year |
Two Years |
Three Years |
Abstain |
Broker Non-Votes |
| 692,292 | 47,203 | 935,204 | 1,338,246 | 812,508 |
4.The proposal to ratify the appointment of Grant Thornton LLP as the Company’s auditors for fiscal year 2018 was approved based on the following vote:
|
For |
Against |
Abstain |
Broker Non-Votes |
| 3,794,617 | 5,457 | 25,379 |
Following the annual meeting, in accordance with the advisory vote of the Company’s stockholders, the Company’s Board of Directors voted that the stockholder advisory vote on executive compensation should be held every three years.
About NATHAN’S FAMOUS, INC. (NASDAQ:NATH)
Nathan’s Famous, Inc. (Nathan’s) is a licensor, wholesaler and retailer of products marketed under Nathan’s Famous brand. The Company’s products are marketed for sale in approximately 55,000 locations, including supermarkets, mass merchandisers and club stores, selected foodservice locations and Company-owned and franchised restaurants throughout the United States and in over 10 foreign territories and countries. The Company also owns, through its subsidiary, NF Treacher’s Corp., the Arthur Treacher’s brand and trademarks. Nathan’s uses the Arthur Treacher’s brand, products and trademarks as a branded seafood menu-line extension for inclusion in certain Nathan’s Famous restaurants. The Company offers Natural Casing Beef Frankfurters, Cheddar Cheese Beef Franks, Bun-Length Skinless Beef Franks, Angus Beef Franks, Jumbo Crinkle Cut French Fries, Thick Sliced Battered Onion Rings, Cocktail Smokies, Beef Cocktail Franks and Beef Cocktail Franks Dual Pack. NATHAN’S FAMOUS, INC. (NASDAQ:NATH) Recent Trading Information
NATHAN’S FAMOUS, INC. (NASDAQ:NATH) closed its last trading session up +0.85 at 67.85 with 10,530 shares trading hands.
