Prism Technologies Group, Inc. (NASDAQ:PRZM) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
The following proposals were approved at the December 15, 2017 annual meeting of stockholders of Prism Technologies Group, Inc. (the “Company”):
|
1. |
Election of Directors. Stockholders elected Dennis Chookaszian and Gregory Duman to serve as the Class III directors for a three year term expiring at the Company’s 2020 annual meeting of stockholders. |
|
Nominee |
Votes For |
Votes Withheld |
Broker Non-Votes |
|
Dennis Chookaszian |
4,474,604 |
751,358 |
2,346,909 |
|
Gregory Duman |
4.457,969 |
767,993 |
2,346,909 |
|
2. |
Advisory Vote on Executive Compensation. Stockholders approved, on an advisory, non-binding basis, a resolution approving the compensation of the Company’s named executive officers. |
|
Votes For |
Votes Against |
Votes Abstain |
Broker Non-Votes |
|
4,198,321 |
886,607 |
141,034 |
2,346,909 |
|
3. |
Ratification of Appointment of Independent Registered Public Accounting Firm. Stockholders ratified the appointment of Marcum LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2017. |
|
Votes For |
Votes Against |
Votes Abstain |
Broker Non-Votes |
|
6,537,352 |
365,928 |
669,591 |
|
About Prism Technologies Group, Inc. (NASDAQ:PRZM)
Prism Technologies Group, Inc., formerly Internet Patents Corporation, is engaged in the business of licensing and enforcing a portfolio of patents relating to technologies developed by it. The Company’s subsidiary is Prism Technologies, LLC (Prism). Prism has two primary operating subsidiaries: Secure Axcess, LLC and Millenium Biologix, LLC. Prism also operates an intellectual property licensing and enforcement business. The Company and its subsidiaries own a portfolio of patents with over 50 issued patents in the areas of computer and network security, semiconductors and medical technology. The Company’s patent portfolio includes Gregg Patents for device authentication and access to protected resources; Glazer Patents for image recognition and Website authentication; Weber Patents for multiple screen computer display; Pugh Patents for synthetic biomaterial compound; Wallace Patents for encrypted cookies, and Quizid Patents for authentication tokens.