Sypris Solutions, Inc. (NASDAQ:SYPR) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07. Submission of Matters to a Vote of Security Holders.
The regular Annual Meeting of Stockholders of Sypris Solutions,
Inc. was held in Louisville, Kentucky on May 9, 2017, for the
purpose of voting on the proposals described below. Proxies for
the meeting were solicited to Section 14(a) of the Securities
Exchange Act of 1934 and there was no solicitation in opposition
to managements nominees for directors. The total number of shares
of common stock outstanding as of March 15, 2017, the record date
of the Annual Meeting of Stockholders, was 21,327,078.
Matters submitted to stockholders at the meeting and the voting
results thereof were as follows:
Election of Directors. The stockholders of the Company
elected each of the director nominees proposed by the Companys
Board of Directors to serve until the 2020 Annual Meeting of
Stockholders and until their successors are duly elected and
qualified. The following is a breakdown of the voting results:
|
DIRECTOR |
FOR |
WITHHELD | BROKER NON-VOTES |
|
Gary L. Convis |
14,886,962 |
102,134 |
|
|
William G. Ferko |
14,826,966 |
162,130 |
|
|
Jeffrey T. Gill |
14,864,008 |
125,088 |
|
Advisory Vote on Named Executive Officer Compensation.
The stockholders of the Company approved an advisory resolution
approving the compensation of the Companys named executive
officers as disclosed in the Companys definitive proxy statement
filed with the Securities and Exchange Commission on April 5,
2017 (the Proxy Statement). The following is a breakdown of the
voting results:
|
FOR |
AGAINST |
ABSTAIN |
BROKER NON-VOTES |
|
14,860,829 |
113,513 |
14,754 |
About Sypris Solutions, Inc. (NASDAQ:SYPR)
Sypris Solutions, Inc. (Sypris) is a provider of outsourced services and specialty products. The Company offers a range of manufacturing, engineering, design and other technical services. The Company operates through two segments: Sypris Technologies and Sypris Electronics. Sypris Technologies segment, which consists of Sypris Technologies, Inc. and its subsidiaries, is engaged in the sale of goods and manufacturing services to customers in the market for truck components and assemblies and from the sale of products to the energy and chemical markets. Sypris Electronics segment, which consists of Sypris Electronics, LLC and its subsidiary, is engaged in the sale of manufacturing services, technical services and products to customers in the market for aerospace and defense electronics. The Sypris Electronics is organized in three business lines: Information Security Solutions (ISS), Electronic Manufacturing Services (EMS), and Cyber Security and Analytics (Cyber). Sypris Solutions, Inc. (NASDAQ:SYPR) Recent Trading Information
Sypris Solutions, Inc. (NASDAQ:SYPR) closed its last trading session up +0.04 at 1.12 with 528 shares trading hands.