Tandy Leather Factory, Inc. (NASDAQ:TLF) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 Submission of Matters to a Vote of Security Holders.
The Company's annual meeting of stockholders was held on June 5, 2018.The two 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 Greene |
6,740,652 |
346,885 |
|
Mark Angus |
6,729,973 |
357,564 |
|
William Warren |
6,718,624 |
368,913 |
|
Jefferson Gramm |
6,727,622 |
359,915 |
|
James Pappas |
6,722,800 |
364,797 |
|
Brent Beshore |
6,748,323 |
339,214 |
|
Sharon Leite |
6,750,778 |
336,759 |
|
Vicki Cantrell |
6,697,729 |
389,808 |
|
Sejal Patel |
6,745,541 |
341,996 |
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 |
|
6,651,706 |
433,026 |
2,805 |
Item 8.01 Other Events
On June 5, 2018, the Board of Directors extended the expiration date of the stock repurchase plan from August 9, 2018 to August 9, 2019.
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.