QUEST RESOURCE HOLDING CORPORATION (NASDAQ:QRHC) 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 July 6, 2017, we held an annual meeting of stockholders to consider and vote upon the following proposals: (1) to elect three directors, each to serve for a three-year term expiring in 2020; (2) to provide a non-binding advisory vote on the compensation of our named executive officers for fiscal 2016 (“say-on-pay”); (3) to approve an amendment to the 2012 Incentive Compensation Plan to increase the number of shares reserved for stock-based compensation under the 2012 Incentive Compensation Plan by 900,000 shares; and (4) to ratify the appointment of Semple, Marchal and Cooper, LLP, an independent registered public accounting firm, as the independent registered public accountant of our company for the fiscal year ending December 31, 2017.
The following directors were elected at the annual meeting:
|
Director |
Votes Cast For |
Votes Withheld |
Broker Non-Votes |
|
Jeffrey D. Forte |
8,968,391 |
187,446 |
809,996 |
|
Sarah R. Tomolonius |
8,938,434 |
218,403 |
809,996 |
|
I. Marie Wadecki |
8,938,434 |
217,403 |
809,996 |
Our stockholders approved the compensation of our named executive officers for fiscal 2016 on a non-binding, advisory basis. The results of the vote to approve this proposal were as follows:
|
Votes Cast For |
Votes Cast Against |
Abstentions |
Broker Non-Votes |
|
|
Say-on-pay proposal |
8,923,919 |
223,328 |
8,590 |
809,996 |
Our stockholders approved an amendment to the 2012 Incentive Compensation Plan to increase the number of shares reserved for stock-based compensation under the 2012 Incentive Compensation Plan by 900,000 shares.The results of the vote to approve this proposal were as follows:
|
Votes Cast For |
Votes Cast Against |
Abstentions |
Broker Non-Votes |
|
|
Approval of amendment to the 2012 Incentive Compensation Plan to increase the number of shares reserved for stock-based compensation under the 2012 Incentive Compensation Plan by 900,000 shares |
8,863,518 |
288,635 |
3,684 |
809,996 |
Our stockholders ratified the appointment of Semple, Marchal and Cooper, LLP as our independent registered public accountants for the fiscal year ending December 31, 2017.The results of the vote to approve this proposal were as follows:
|
Votes Cast For |
Votes Cast Against |
Abstentions |
Broker Non-Votes |
|
|
Ratification of Semple, Marchal and Cooper, LLP as independent registered public accountants |
9,949,049 |
13,810 |
2,974 |
— |
Broker non-votes did not affect the outcome of any proposal voted on at the meeting.
About QUEST RESOURCE HOLDING CORPORATION (NASDAQ:QRHC)
Quest Resource Holding Corporation (QRHC) provides businesses with one-stop management programs to reuse, recycle and dispose of a range of waste streams and recyclables generated by their businesses and operate social media and online data platforms that contain information and instructions to recycle or properly dispose of household products and materials. The Company’s reuse, recycling and disposal management programs are designed to enable regional and national customers to have a single point of contact for managing a range of waste streams and recyclables. Its directory of local recycling and disposal options provides guidance for the proper recycling or disposal of a range of household products and materials. Its services focuses on the waste streams and recyclables from big box, food chain and other retailers; automotive and fleet providers; hospital and other healthcare facilities, and commercial, industrial, residential and educational properties.