Winmark Corporation (NASDAQ:WINA) Files An 8-K Submission of Matters to a Vote of Security Holders
ME Staff 8-k
Winmark Corporation (NASDAQ:WINA) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07Submission of Matters to a Vote of Security Holders
(a-b) At the Annual Shareholders meeting held on April 25, 2018, Winmark Corporation (the “Company”) submitted to vote of security-holders the following matters that received the indicated votes:
1.
Set the number of members of the Board of Directors at eight:
FOR:
2,539,018
AGAINST:
4,994
ABSTAIN:
1,132
BROKER NON-VOTE:
503,980
2.
Election of Directors:
NOMINEE
FOR
WITHHOLD
BROKER
NON-VOTE
John L. Morgan
2,465,251
79,893
503,980
Lawrence A. Barbetta
2,471,480
73,664
503,980
Jenele C. Grassle
2,521,782
23,362
503,980
Brett D. Heffes
2,533,486
11,658
503,980
Kirk A. MacKenzie
2,534,611
10,533
503,980
Paul C. Reyelts
2,520,103
25,041
503,980
Mark L. Wilson
2,517,999
27,145
503,980
Steven C. Zola
2,519,305
25,839
503,980
3.Ratify the appointment of Grant Thornton, LLP as independent registered public accounting firm for the 2018 fiscal year:
FOR:
3,036,827
AGAINST:
4,134
ABSTAIN:
8,163
BROKER NON-VOTE:
0
Item 7.01Regulation FD Disclosure
On April 25, 2018, Winmark Corporation (the “Company”)announced in a press release that its Board of Directors has approved the payment of a cash dividend to its shareholders.The quarterly dividend of $0.15 per share will be paid on June 1, 2018 to shareholders of record on the close of business on May 9, 2018.Future dividends will be subject to Board approval.A copy of the press release is attached as Exhibit 99.1 of this Current Report on Form 8-K.
Item 8.01Other Events
On April 25, 2018, the Companyannounced in a press release that its Board of Directors has approved the payment of a cash dividend to its shareholders.The quarterly dividend of $0.15 per share will be paid on June 1, 2018 to shareholders of record on the close of business on May 9, 2018.Future dividends will be subject to Board approval.A copy of the press release is attached as Exhibit 99.1 of this Current Report on Form 8-K.
Item 9.01Financial Statements and Exhibits
(d)Exhibits
99.1
Press Release dated April 25, 2018
WINMARK CORP ExhibitEX-99.1 2 wina-20180425ex99125ff7d.htm EX-99.1 Ex_991_8K_Dividend Exhibit 99.1 Contact:Brett D. Heffes 763/520-8500 FOR IMMEDIATE RELEASE WINMARK CORPORATION ANNOUNCES INCREASE IN CASH DIVIDEND Minneapolis,…To view the full exhibit click here About Winmark Corporation (NASDAQ:WINA) Winmark Corporation is a franchisor of five retail store concepts that buy, sell and trade used merchandise. The Company operates in two business segments: franchising and leasing. The franchising segment franchises retail store concepts that buy, sell, trade and consign merchandise. The leasing segment includes Winmark Capital Corporation, which is the Company’s middle-market equipment leasing business, and Wirth Business Credit, Inc., its small-ticket financing business. Its concepts also offer a limited amount of merchandise to customers. The Franchising segment consists of Plato’s Closet, Once Upon A Child, Play It Again Sports, Music Go Round and Style Encore. The Company has approximately 1,150 franchised stores across the United States and Canada. The Company’s subsidiary, Winmark Capital Corporation, is engaged in the business of providing non-cancelable leases for technology and business-essential assets to both larger organizations and smaller companies.