PRO-DEX, INC. (NASDAQ:PDEX) 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 |
On November 29, 2016, Pro-Dex, Inc. (the Company) held its 2016
Annual Meeting of Shareholders (the Annual Meeting). At the
Annual Meeting, the Companys shareholders voted on three
proposals and two advisory votes set forth below. The proposals
and advisory votes are described in detail in the Companys
definitive proxy statement for the Annual Meeting filed with the
Securities and Exchange Commission on October17, 2016 (the Proxy
Statement).
| 1. |
To elect Raymond E. Cabillot, William J. Farrell III, David C. Hovda, Nicholas J. Swenson and Richard L. Van Kirk (the Candidates) to serve as members of the board of directors (Board) of the Company until their successors are duly elected and qualified. |
| Candidate | Votes For | Withheld | Broker Non-Votes |
| Raymond E. Cabillot | 2,201,135 | 15,279 |
1,370,236 |
| William J. Farrell III | 2,195,008 | 21,406 |
1,370,236 |
| David C. Hovda | 2,209,893 | 6,521 |
1,370,236 |
| Nicholas J. Swenson | 2,187,329 | 29,085 |
1,370,236 |
| Richard L. Van Kirk | 2,210,146 | 6,268 |
1,370,236 |
On the basis of the foregoing votes, each of the Candidates was
elected.
| 2. |
To ratify the appointment of Moss Adams, LLP as the Companys independent registered public accounting firm for the year ending June 30, 2017. |
| For | Against | Abstain | Broker Non-Votes |
| 3,435,324 | 3,631 | 147,695 |
On the basis of the foregoing votes, the proposal was ratified.
| 3. |
To ratify and approve the Companys 2016 Equity Incentive Plan. |
| For | Against | Abstain | Broker Non-Votes |
| 2,171,656 | 38,407 | 6,351 | 1,370,236 |
On the basis of the foregoing votes, the proposal was ratified.
| 4. |
To cast a non-binding advisory vote with regard to the compensation of the Companys Named Executive Officers (as defined in the Proxy Statement) as set forth in the Proxy Statement. |
| For | Against | Abstain | Broker Non-Votes |
| 2,184,964 | 22,407 | 9,043 | 1,370,236 |
On the basis of the foregoing votes, the shareholders approved,
on a non-binding advisory basis, the compensation of the Named
Executive Officers.
| 5. |
To cast a non-binding advisory vote with regard to the increase in compensation of the Companys independent directors (as defined in the Proxy Statement) as set forth in the Proxy Statement. |
| For | Against | Abstain | Broker Non-Votes |
| 2,175,385 | 39,407 | 1,622 | 1,370,236 |
About PRO-DEX, INC. (NASDAQ:PDEX)
PRO-DEX, INC. (NASDAQ:PDEX) Recent Trading Information
PRO-DEX, INC. (NASDAQ:PDEX) closed its last trading session at with 6,462 shares trading hands.