PARK ELECTROCHEMICAL CORP. (NYSE:PKE) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 below. The 2018 Plan is described in the Proxy Statement for the Annual Meeting filed with the Securities and Exchange Commission on June 21, 2018. Such description is qualified, in its entirety, by the provisions of the 2018 Plan, which is filed as Exhibit 99.1 hereto and is incorporated herein by reference.
| Item 5.07. | Submission of Matters to a Vote of Security Holders. |
(a) and (b) . At the Annual Meeting:
The persons elected as directors of the Company and the voting forsuch persons were as follows:
|
Name |
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
||||
|
Dale Blanchfield |
16,846,854 | 979,827 | 6,801 | 1,649,703 | ||||
|
Emily J. Groehl |
17,640,079 | 186,602 | 6,801 | 1,649,703 | ||||
|
Brian E. Shore |
17,725,577 | 101,092 | 6,813 | 1,649,703 | ||||
|
Carl W. Smith |
17,590,991 | 235,608 | 6,883 | 1,649,703 | ||||
|
Steven T. Warshaw |
16,694,475 | 1,132,103 | 6,904 | 1,649,703 |
The proposal to approve an advisory (non-binding) resolution relating to the compensation of the named executive officers was approved by the Shareholders. There were 17,601,605 votes for such approval, 179,116votes against, 52,761abstentions and 1,649,703broker non-votes.
The proposal to approve the 2018 Plan was approved by the Shareholders. There were 17,436,667 votes for such approval, 387,852 votes against, 8,963 abstentions and 1,649,703 broker non-votes.
The appointment of CohnReznick LLP as the Company’s independent registered public accounting firm for the fiscal year ending March 3, 2018 was ratified by the Shareholders. There were 19,463,280votes for such ratification, 9,842votes against, 10,063abstentions and zero broker non-votes.
| Item 9.01 | Financial Statements and Exhibits. |
| (d) | Exhibits |
|
Exhibit Number |
Description |
| 99.1 | 2018 Stock Option Plan of the Company |
PARK ELECTROCHEMICAL CORP ExhibitEX-99.1 2 ex_119293.htm EXHIBIT 99.1 ex_119293.htm Exhibit 99.1 PARK ELECTROCHEMICAL CORP. 2018 STOCK OPTION PLAN 1. Purpose of the Plan. This Park Electrochemical Corp. 2018 Stock Option Plan (herein called the "Plan") is designed to promote shareholder value by providing appropriate incentives to certain employees,…To view the full exhibit click here
About PARK ELECTROCHEMICAL CORP. (NYSE:PKE)
Park Electrochemical Corp. is a global advanced materials company. The Company develops, manufactures, markets and sells digital and radio frequency (RF)/microwave printed circuit materials products principally for the telecommunications and Internet infrastructure and high-end computing markets and advanced composite materials, parts and assemblies and low-volume tooling products for the aerospace markets. The Company operates through integrated business units in Asia, Europe and North America. The Company’s manufacturing facilities are located in Singapore, France, Kansas, Arizona and California. The Company also maintains research and development facilities in Arizona, Kansas and Singapore. The Company’s foreign operations are conducted principally by the Company’s subsidiaries in Singapore and France.