STEIN MART, INC. (NASDAQ:SMRT) Files An 8-K Submission of Matters to a Vote of Security Holders

STEIN MART, INC. (NASDAQ:SMRT) Files An 8-K Submission of Matters to a Vote of Security Holders

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ITEM5.07

SUBMISSION OF MATTERS TO A VOTE OF SECURITY
HOLDERS

The Annual Meeting of Shareholders of Stein Mart, Inc. (Stein
Mart or the Company) was held on June20, 2017. As of April13,
2017, the record date for the Annual Meeting, there were
47,144,862 shares of the Companys common stock outstanding and
eligible to vote, of which a total of 43,986,012 shares were
present in person or represented by proxy, constituting a quorum.
The Companys shareholders considered and voted upon four
proposals. The number of votes cast for, against or withheld, as
well as abstentions, if applicable, with respect to each proposal
is set forth below:


(1)
To elect the ten (10)director nominees to serve as directors
of the Company for the ensuing year and until their
successors have been elected and qualified.


Name of Director

For

Withheld

Broker Non-Votes


Jay Stein

32,393,166 1,412,001 10,180,845


John H. Williams, Jr.

31,601,878 2,203,289 10,180,845


D. Hunt Hawkins

32,593,219 1,211,948 10,180,845


Irwin Cohen

31,271,972 2,533,195 10,180,845


Thomas L. Cole

33,034,842 770,325 10,180,845


Timothy Cost

33,027,052 778,115 10,180,845


Lisa Galanti

33,032,328 772,839 10,180,845


Mitch W. Legler

32,396,086 1,409,081 10,180,845


Richard L. Sisisky

32,554,789 1,250,378 10,180,845


Burton M. Tansky

31,489,510 2,315,657 10,180,845


(2)
To approve an advisory resolution on executive compensation
for fiscal year 2016.


For

32,606,713


Against

1,059,416


Abstain

139,038


Broker Non-Votes

10,180,845


(3)
To conduct an advisory vote on the frequency of future
advisory votes on executive compensation.


1 Year

29,703,624


2 Years

258,761


3 Years

3,732,299


Abstain

110,483


Broker Non-Votes

10,180,845

Consistent with the Boards recommendation and the advisory vote
of our shareholders, the Board has approved an annual frequency
for future say-on-pay votes until the next required vote on the
frequency of shareholder approval of executive compensation.


(4)
To ratify the appointment of KPMG LLP as the Companys
independent registered certified public accounting firm for
the fiscal year ending February3, 2018.


For

43,127,529


Against

332,385


Abstain

526,098


Broker Non-Votes

The press release announcing the results of the Annual Meeting of
Shareholders is attached as Exhibit 99.1 to this report.


ITEM9.01
FINANCIAL STATEMENTS AND EXHIBITS


(d)
Exhibits

99.1 Press Release dated June20, 2017, announcing the results of
the Annual Meeting of Shareholders



STEIN MART INC Exhibit
EX-99.1 2 d388984dex991.htm PRESS RELEASE Press Release EXHIBIT 99.1   June 20,…
To view the full exhibit click here
About STEIN MART, INC. (NASDAQ:SMRT)

Stein Mart, Inc. is a national retailer offering the fashion merchandise, service and presentation of a department or specialty store. The Company offers apparel for women and men, as well as accessories, shoes and home fashions. The Company’s target customers are women over 45 years old. The Company operates approximately 280 stores in over 30 states and an Internet store. Its stores are located in the Northeast, Midwest, Southeast, Texas and the Southwest. It is concentrated in the Southeast and Texas where over 180 of its stores are located. The Company’s stores offer a range of services, such as merchandise locator service, a Preferred Customer program, co-branded and private label credit card programs, and electronic gift cards. The Company’s merchants purchase products from approximately 1,200 vendors. It leases all of its store locations, generally for approximately 10 years with options to extend the lease term for over two or five year periods.

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