Safeguard Scientifics, Inc. (NYSE:SFE) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k

8 years ago

Safeguard Scientifics, Inc. (NYSE:SFE) 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.

The annual meeting of shareholders (the Annual Meeting) of
Safeguard Scientifics, Inc. (the Company) was held on May 24,
2017. As of the Record Date of March 24, 2017, there were
20,358,950 shares of common stock outstanding and entitled to
notice of and to vote at the Annual Meeting. The matters voted
upon at the Annual Meeting and the results of the voting are set
forth below.

Proposal I – Election of Directors

Shareholders approved the election of six directors to serve as
directors for a one-year term to expire at the 2018 Annual
Meeting. The voting results for this proposal are as follows:



Nominee	Votes For	Votes Withheld	Broker Non-Votes
Stephen T. Zarrilli	12,616,106	2,459,384	3,162,961
Julie A. Dobson	12,198,708	2,876,782	3,162,961
Stephen Fisher	12,778,365	2,297,125	3,162,961
George MacKenzie	12,255,676	2,819,814	3,162,961
John J. Roberts	12,200,579	2,874,911	3,162,961
Robert J. Rosenthal	12,832,355	2,243,135	3,162,961

Proposal II – Advisory Vote Concerning Executive Compensation of
the Named Executive Officers

Shareholders approved, on an advisory basis, the Companys
compensation of its named executive officers, as disclosed in the
Compensation Discussion and Analysis and Executive Compensation
sections of the Companys 2017 Annual Meeting Proxy Statement. The
voting results for this proposal are as follows:



Votes For	Votes Against	Abstain	Broker Non-Votes
12,368,363	2,653,666	53,461	3,162,961

Proposal III – Advisory Vote on Frequency of Future Advisory
Votes Concerning Executive Compensation of the Named Executive
Officers

Shareholders approved, on an advisory basis, the Companys
proposal to hold future advisory votes on executive compensation
of the named executed officers annually. In accordance with the
Board of Directors recommendation and the outcome of this
advisory vote, the Company intends to hold the next advisory vote
on the compensation of its named executive officers at the
Companys 2018 Annual Meeting. The voting results for this
proposal are as follows:



One Year	Two Years	Three Years	Abstain	Broker Non-Votes
12,185,234	51,185	2,808,724	30,147	3,162,961

Proposal IV – Ratification of the Appointment of KPMG as the
Companys Independent Registered Public Accounting Firm for Fiscal
Year 2017

Shareholders ratified the appointment of KPMG LLP to serve as the
Companys independent registered public accounting firm for its
2017 fiscal year. The voting results for this proposal are as
follows:



Votes For	Votes Against	Abstain	Broker Non-Votes
18,104,878	128,189	5,384

About Safeguard Scientifics, Inc. (NYSE:SFE)
Safeguard Scientifics, Inc. provides capital, as well as strategic, operational and management resources to growth-stage businesses. The Company participates in early- and growth-stage financings. The Company operates through two segments: Healthcare and Technology. The Healthcare segment’s companies focuses principally on medical technology (MedTech), including diagnostics and devices, and healthcare technology (HealthTech). The Technology segment’s companies focuses principally on digital media, financial technology (FinTech), and enterprise software, including mobile technology, cloud, Internet of Things (IoT) and big data. It holds interests in approximately 30 non-consolidated partner companies, which are included in the Healthcare and Technology segments. The Company provides management and operational support, as well as ongoing planning and development assessment. It provides mentoring, advice and guidance to develop partner company management. Safeguard Scientifics, Inc. (NYSE:SFE) Recent Trading Information
Safeguard Scientifics, Inc. (NYSE:SFE) closed its last trading session down -0.05 at 11.00 with 87,665 shares trading hands.