PERMA-PIPE INTERNATIONAL HOLDINGS, INC. (NASDAQ:MFRI) 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.
“Company”) held its 2017 Annual Meeting of Stockholders (the
“Annual Meeting”), and its stockholders:
|
Elected all six nominees for director to a one-year term;
|
|
On an advisory basis, approved the executive compensation
set forth in the Proxy Statement; |
|
Ratified the appointment of Grant Thornton LLP as the
independent auditor for 2017; |
|
Adopted the 2017 Omnibus Stock Incentive Plan; and
|
|
Voted against the stockholder proposal to recommend that
the Board authorize and implement a stock purchase program. |
practice of holding future advisory votes on named executive
officer compensation on an annual basis until the next
stockholder vote on the frequency of future advisory votes on
named executive officer compensation.
proposals presented at the Annual Meeting:
|
Proposal 1
|
Election of directors:
|
|
For
|
Withheld
|
|||
|
David S. Barrie
|
4,718,750
|
1,298,161
|
||
|
David B. Brown
|
5,265,607
|
751,304
|
||
|
David J. Mansfield
|
5,425,768
|
591,143
|
||
|
Bradley E. Mautner
|
4,714,505
|
1,302,406
|
||
|
Jerome T. Walker
|
4,712,750
|
1,304,161
|
||
|
Mark A. Zorko
|
4,707,725
|
1,309,186
|
||
1.
compensation:
|
For
|
Against
|
Abstain
|
Broker Non-Votes
|
|||
|
3,379,729
|
1,869,391
|
767,791
|
863,768
|
|||
|
For
|
Against
|
Abstain
|
||||
|
6,523,266
|
339,557
|
17,856
|
||||
|
For
|
Against
|
Abstain
|
Broker Non-Votes
|
|||
|
4,018,751
|
1,910,690
|
87,470
|
863,768
|
|||
authorize and implement a stock purchase program:
|
For
|
Against
|
Abstain
|
Broker Non-Votes
|
|||
|
2,254,193
|
3,749,490
|
13,228
|
863,768
|
|||
About PERMA-PIPE INTERNATIONAL HOLDINGS, INC. (NASDAQ:MFRI)
Perma-Pipe International Holdings, Inc., formerly MFRI, Inc., is engaged in the manufacture and sale of piping systems. The Company is engaged in offering pre-insulated piping and leak detection systems for oil and gas gathering, district heating and cooling, and other applications. It operates through Piping Systems segment. The Company develops piping solutions for the transportation of a range of liquids. The Company has operations at seven locations in five countries. The Piping Systems segment engineers, designs, manufactures and sells specialty piping and leak detection and location systems. The Company’s specialty piping systems include industrial and secondary containment piping systems for transporting chemicals, hazardous fluids and petroleum products; insulated and jacketed district heating and cooling piping systems for energy distribution to multiple locations from central energy plants, and oil and gas gathering flow and long lines for oil and mineral transportation. PERMA-PIPE INTERNATIONAL HOLDINGS, INC. (NASDAQ:MFRI) Recent Trading Information
PERMA-PIPE INTERNATIONAL HOLDINGS, INC. (NASDAQ:MFRI) closed its last trading session down -0.14 at 7.76 with 4,963 shares trading hands.
