Winmark Corporation (NASDAQ:WINA) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07Submission of Matters to a Vote of Security Holders
(a-b) At the Annual Shareholders meeting held on April 26, 2017,
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 |
|
FOR: |
2,772,707 |
|
AGAINST: |
4,693 |
|
ABSTAIN: |
808 |
|
BROKER NON-VOTE: |
486,568 |
|
2. |
Election of Directors: |
|
NOMINEE |
FOR |
WITHHOLD |
BROKER NON-VOTE |
|
John L. Morgan |
2,758,515 | 19,693 | 486,568 |
|
Lawrence A. Barbetta |
2,770,018 | 8,190 | 486,568 |
|
Jenele C. Grassle |
2,764,313 | 13,895 | 486,568 |
|
Brett D. Heffes |
2,768,529 | 9,679 | 486,568 |
|
Kirk A. MacKenzie |
2,769,955 | 8,253 | 486,568 |
|
Paul C. Reyelts |
2,766,774 | 11,434 | 486,568 |
|
Mark L. Wilson |
2,766,774 | 11,434 | 486,568 |
|
Steven C. Zola |
2,694,804 | 83,404 | 486,568 |
|
3. |
Approve an amendment to the 2010 Stock Option Plan to |
|
FOR: |
2,544,861 |
|
AGAINST: |
214,121 |
|
ABSTAIN: |
19,226 |
|
BROKER NON-VOTE: |
486,568 |
4.Ratify the appointment of Grant Thornton, LLP as independent
registered public accounting firm for the 2017 fiscal year:
|
FOR: |
3,250,308 |
|
AGAINST: |
9,819 |
|
ABSTAIN: |
4,649 |
|
BROKER NON-VOTE: |
0 |
Item 7.01Regulation FD Disclosure
On April 26, 2017, 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 $0.11 per
share will be paid on June 1, 2017 to shareholders of record on
the close of business on May 10, 2017.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 26, 2017, the Companyannounced in a press release that
its Board of Directors has approved the payment of a cash
dividend to its shareholdersThe quarterly dividend of $0.11 per
share will be paid on June 1, 2017 to shareholders of record on
the close of business on May 10, 2017.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 26, 2017 |
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. Winmark Corporation (NASDAQ:WINA) Recent Trading Information
Winmark Corporation (NASDAQ:WINA) closed its last trading session up +1.65 at 130.95 with 29,306 shares trading hands.
