TRUETT-HURST, INC. (NASDAQ:THST) 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.
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
Election of Directors
At the 2016 Annual Meeting held on May 19, 2017 (the 2016
Annual Meeting), the stockholders of the Truett-Hurst,
Inc. (the Company) re-elected and elected Mr.
Barrie Graham and Mr. Spencer Grimes, respectively, as Class I
directors to serve until the 2019 annual meeting of stockholders
and thereafter until his successor is duly elected and qualified.
Messrs. Graham and Grimes were re-elected and elected,
respectively, upon the recommendation of the Nominating and
Governance Committee of the Board of Directors and the nomination
of the Board of Directors.
| Item 5.07. |
Submission of Matters to a Vote of Security Holders. |
At the 2016 Annual Meeting, the stockholders considered two
proposals, each of which is described in more detail in the
Company’s definitive proxy statement for the 2016 Annual Meeting
filed with the Securities and Exchange Commission on April 7,
2017. The matters voted upon at the 2016 Annual Meeting and the
final results of the votes were as follows:
Proposal 1 Re-election and election of Class I Directors:
The following Class I Directors were re-elected and elected,
respectively, to hold office for a term expiring at the Companys
2019 annual meeting of stockholders. The final voting results are
set forth below:
| Nominee | Votes For | Votes Withheld | Broker Non-votes | |||
| Barrie Graham | 2,066,776 | 39,255 | 1,381,141 | |||
| Spencer Grimes | 2,097,552 | 8,479 | 1,381,141 |
Proposal 2 – Ratification of Independent Registered Public
Accounting Firm:
The appointment of BPM LLP, as the Companys independent
registered public accounting firm for the fiscal year ending June
30, 2017 was ratified. The final voting results are set forth
below:
| Votes For | Votes Against | Votes Abstain | ||
| 3,481,952 | 3,698 | 1,522 |
About TRUETT-HURST, INC. (NASDAQ:THST)
Truett-Hurst, Inc. is a holding company. The Company produces and sells wines and other select beverage alcohol products made from wine. The Company’s segments include wholesale and direct to consumer. Wholesale sales include its retail brand label model and brands sold through the three-tier distribution system. Direct to consumer sales occur through its tasting rooms and wine clubs. It also purchases semi-finished bulk wine, and finished goods from both foreign and domestic producers. The Company owns its tasting room and winery in the Dry Creek Valley and leases the tasting room and winery located in the Russian River Valley. Its wines include Pinot Noir, Chardonnay, Sauvignon Blanc, Zinfandel, Petite Sirah, Merlot and Cabernet Sauvignon, which are sold across a range of price points through various distribution channels, such as three-tier and direct to consumer. Its brands include Truett Hurst, VML, Bradford Mountain, Healdsburg Ranches, The One Armed Man and Stonegate. TRUETT-HURST, INC. (NASDAQ:THST) Recent Trading Information
TRUETT-HURST, INC. (NASDAQ:THST) closed its last trading session up +0.03 at 2.14 with 11,127 shares trading hands.