Tandy Leather Factory, Inc. (NASDAQ:TLF) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

ME Staff 8-k

7 years ago

Tandy Leather Factory, Inc. (NASDAQ:TLF) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 5.02. Departure of Directors or Certain Officers, Election
of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers

Effective June 6, 2017, the Board of Directors named Jefferson
Gramm as its Chairman.

Item 5.07 Submission of Matters to a Vote of Security Holders.

The Companys annual meeting of stockholders was held on June 6,
2017. The three proposals considered at the annual meeting were
voted on as follows:

Proposal 1: The election of nine directors for the ensuing
year. The number of votes cast for and withheld for each nominee
for director is set forth below.

NOMINEE:	FOR:	WITHHELD:
Shannon L. Greene	5,457,450	1,037,973
Mark Angus	5,453,016	1,042,407
William Warren	5,455,682	1,039,741
Jefferson Gramm	5,257,354	1,238,069
James Pappas	5,289,454	1,205,969
Brent Beshore	6,292,196	203,227
Sharon Leite	6,472,549	22,874
Vicki Cantrell	6,461,112	34,311
Sejal Patel	6,291,996	203,427

Proposal 2: Advisory vote regarding executive
compensation. The number of votes cast for and against this
proposal, as well as the number of abstentions with respect to
this proposal, are set forth below:

FOR	AGAINST	ABSTAIN
6,266,722	136,059	92,642

Proposal 3: Advisory vote regarding frequency of future
votes regarding executive compensation. The number of votes cast
for each frequency of such votes, as well as the number of
abstentions with respect to this proposal, are set forth below:

1 YEAR	2 YEARS	3 YEARS	ABSTAIN
5,461,746	22,360	1,004,049	7,268

Item 8.01 Other Events

On June 6, 2017, the Board of Directors extended the expiration
date of the stock repurchase plan from August 9, 2017 to August
9, 2018.

About Tandy Leather Factory, Inc. (NASDAQ:TLF)
Tandy Leather Factory, Inc. is a retailer and a wholesale distributor of a range of leather and related products. The Company’s products include leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The Company also manufactures leather lacing and some of its do-it-yourself kits. The Company operates through three segments: Wholesale Leathercraft, Retail Leathercraft and International Leathercraft. The Wholesale Leathercraft segment consists of a chain of wholesale stores operating under the name, The Leather Factory, located in North America. The Retail Leathercraft segment consists of a chain of retail stores operating under the name, Tandy Leather Company, located in North America. The International Leathercraft segment sells to both wholesale and retail customers. The Company has approximately four stores, two located in the United Kingdom, one located in Australia and one located in Spain.