CPS Technologies Corporation
04/29/2024 | Press release | Distributed by Public on 04/29/2024 06:11
Submission of Matters to a Vote of Security Holders - Form 8-K
Item 5.07 Submission of Matters to a Vote of Security Holders.
On April 25, 2024, CPS Technologies Corp. ("CPS" or the "Company") held its 2024 Annual Meeting of Stockholders (the "Annual Meeting"). Of the 14,519,215 shares of the Company's common stock outstanding and eligible to vote at the Annual Meeting, 7,377,711 shares, or 50.8% of the eligible common stock, were present either in person or by proxy. Based on the results reported by an independent inspector of elections, in excess of 65% of votes cast at the Annual Meeting were in support of each of the Company's five nominees. The final results of the matters voted on at the Annual Meeting are provided below:
Proposal 1:The following individuals were elected as directors to hold office until the next annual meeting of stockholders or until their respective successors are elected and qualified.
|
Director Name
|
For
|
For (%)
|
Against
|
Abstained
|
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|
Grant C. Bennett
|
3,688,348 | 95.5 | 161,323 | 10,834 | ||||||||||||
|
Francis J. Hughes, Jr.
|
3,737,833 | 96.8 | 117,603 | 5,069 | ||||||||||||
|
Daniel C. Snow
|
3,772,194 | 97.7 | 83,142 | 5,169 | ||||||||||||
|
Thomas M. Culligan
|
2,542,118 | 65.9 | 1,313,819 | 4,568 | ||||||||||||
|
Ralph M. Norwood
|
3,733,507 | 96.7 | 122,432 | 4,566 |
Proposal 2:Advisory vote to approve named executive officer compensation.
|
For
|
Against
|
Abstained
|
||||
| 3,738,845(96.1%) | 104,045(2.7%) | 17,615(0.5%) |
Proposal 3: Ratification of selection of independent registered Public Accounting Firm
|
For
|
Against
|
Abstained
|
||||
| 7,314,025(99.1%) | 22,818(0.3%) | 40,868(0.6%) |