PEAK RESORTS, INC. (NASDAQ:SKIS) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07. Submission of Matters to a Vote of Security Holders.
On October 9, 2018, the Company held its 2018 Annual Meeting of Stockholders (the “Annual Meeting”). At the Annual Meeting, stockholders considered: (i) the election of eight directors, each to serve for a one-year term until the Company’s 2019 Annual Meeting of Stockholders; and (ii) the ratification of the selection of RSM US LLP as the independent registered public accounting firm for the fiscal year ending April 30, 2019. to the terms of the Company’s Series A Cumulative Convertible Preferred Stock (the “Series A Preferred Stock”), which is convertible into shares of the Company’s common stock, the holder of the Series A Preferred Stock was entitled to vote, on an as-converted basis, together with holders of the Company’s common stock on all matters submitted to a vote at the Annual Meeting. The information reported below includes the tabulation of votes of holders of both the Company’s common stock and Series A Preferred Stock.
The Company's stockholders voted as follows on these matters:
|
1. |
The Company's stockholders elected the eight director nominees as follows: |
|
NOMINEE |
FOR |
AGAINST |
ABSTAIN |
BROKER NON-VOTES |
|
Timothy D. Boyd |
8,843,411 | 928,615 | 21,344 | 5,436,902 |
|
Stephen J. Mueller |
8,659,305 | 1,113,801 | 20,294 | 5,436,902 |
|
Richard K. Deutsch |
8,837,809 | 935,297 | 20,294 | 5,436,902 |
|
Stanley W. Hansen |
8,746,766 | 1,026,340 | 20,294 | 5,436,902 |
|
Carl E. Kraus |
8,987,687 | 785,319 | 20,394 | 5,436,902 |
|
Christopher S. O’Connor |
9,311,192 | 461,864 | 20,344 | 5,436,902 |
|
David W. Braswell |
8,622,093 | 1,152,413 | 18,894 | 5,436,902 |
|
Rory A. Held |
9,311,373 | 461,683 | 20,344 | 5,436,902 |
2. The Company's stockholders ratified the selection of RSM US LLP as the Company's independent registered public accounting firm for the fiscal year ending April 30, 2019 as follows:
|
FOR |
AGAINST |
ABSTAIN |
BROKER NON-VOTES |
|
15,129,111 |
66,972 |
34,219 |
0 |
Item 8.01.Other Events.
On October 9, 2018, the Company announced that its board of directors declared a cash dividend of $0.07per share of the Company’s common stock payable on November 27, 2018, to stockholders of record of the common stock on November 15, 2018. The Company also announced that in accordance with the terms of the Series A Preferred Stock, the board of directors declared a Series A Preferred Stock cash dividend of $20.00 per share of Series A
Preferred Stock payable on November 27, 2018 to stockholders of record of Series A Preferred Stock on November 15, 2018.
A copy of the press release announcing these dividends is filed hereto as Exhibit 99.1 and incorporated herein by reference.
Item 9.01.Financial Statements and Exhibits.
(d) Exhibits.
Peak Resorts Inc ExhibitEX-99.1 2 skis-20181009xex99_1.htm EX-99.1 20181010 Ex991 Exhibit 99.1 News Announcement For Immediate Release PEAK RESORTS DECLARES QUARTERLY CASH DIVIDEND OF $0.07 PER SHARE Wildwood,…To view the full exhibit click here
About PEAK RESORTS, INC. (NASDAQ:SKIS)
Peak Resorts, Inc. is a holding company. The Company, through its subsidiaries, owns or leases, and operates day ski and overnight drive ski resorts. The Company’s ski resort operations consist of snow skiing, snowboarding and snow sports areas in Wildwood and Weston, Missouri; Bellefontaine and Cleveland, Ohio; Paoli, Indiana; Blakeslee and Lake Harmony, Pennsylvania; Bartlett, Bennington and Pinkham Notch, New Hampshire; West Dover, Vermont, and Hunter, New York, and an 18 hole golf course in West Dover, Vermont. It also manages hotels in Bartlett, New Hampshire; West Dover, Vermont, and Hunter, New York. As of April 30, 2016, the Company operates 14 ski resorts, which consist of six overnight drive ski resorts and eight day ski resorts located across seven states, ranging from Missouri to New Hampshire, and appeal to a range of visitors. As of April 30, 2016, the Company’s resorts comprises approximately 1,860 acres of skiable terrain that appeal to a range of ages and abilities.
