SECURITY DEVICES INTERNATIONAL, INC. (OTCMKTS:SDEV) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07Submissions of Matters to a Vote of Security Holders
On December 19, 2017 Security Devices International Inc. (the “Company”) held an annual and special meeting (the “Meeting”) of the Company’s shareholders. At the Meeting, the shareholders of the Company (1) elected all four (4) of the Company’s director nominees; (2) ratified the appointment of UHY McGovern Hurley LLP as the Company’s independent registered public accounting firm for the fiscal year ended November 30, 2017; (3) approved the extension of the consulting agreement (the “Northeast Consulting Agreement”) between the Company and Northeast Industrial Partners LLC; (4) approved the issuance of shares of common stock to Paul Jensen (the “Paul Jensen Issuance”) the Company’s President & COO to an employment agreement; and (5) approved a revised stock option plan (the “Stock Option Plan”) for the Company.
The following is a tabulation of the votes for each individual director nominee:
|
Director |
For |
Withheld |
Abstain |
Broker Non-Vote |
|
Dean Thrasher |
16,446,031 |
35,819 |
3,477,557 |
|
|
Bryan Ganz |
16,446,031 |
35,819 |
3,477,557 |
|
|
Karen Bowling |
16,467,431 |
14,419 |
3,477,557 |
|
|
Don Levantin |
16,467,431 |
14,419 |
3,477,557 |
The following is a tabulation of the votes for (1) the ratification of the appointment of UHY McGovern Hurley LLP (“MH”) as the Company’s independent registered public accounting firm; (2) the approval of the extension of the Northeast Consulting Agreement; (3) the approval of the issuance of shares of common stock to Paul Jensen; and (4) the approval of the Company’s revised Stock Option Plan:
|
Item Approved |
For |
Withheld/Against |
Abstain |
Broker Non-Vote |
|
Ratification of MH |
19,422,485 |
536,922 |
||
|
Northeast Consulting Agreement |
14,924,990 |
20,245 |
1,536,615 |
3,477,557 |
|
Paul Jensen Issuance |
16,432,170 |
49,680 |
3,477,557 |
|
|
Stock Option Plan |
14,656,198 |
159,237 |
1,666,415 |
3,477,557 |
Item 9.01Financial Statements and Exhibits
(a) Financial Statements of Business Acquired.
Not applicable.
(b) Pro Forma Financial Information.
Not applicable.
(c) Shell Company Transaction.
Not applicable.
(d) Exhibits.
Not applicable.
|
About SECURITY DEVICES INTERNATIONAL, INC. (OTCMKTS:SDEV) |
