Bassett Furniture Industries Incorporated
03/07/2024 | Press release | Distributed by Public on 03/07/2024 12:33
Submission of Matters to a Vote of Security Holders - Form 8-K
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Item 5.07.
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Submission of Matters to a Vote of Security Holders
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The Company's 2024 annual meeting of shareholders was held on March 6, 2024. As of the record date for the meeting, the Company had 8,817,298 of common stock outstanding, each of which is entitled to one vote. According to the final voting results, all director nominees were elected.
The voting tabulation was as follows:
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Nominee
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Votes For
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Votes
Withheld
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Votes
Abstain
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Broker Non-
Vote
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Emma S. Battle
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5,519,928 | 47,009 | - | 1,638,884 | ||||||||||||
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John R. Belk
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5,520,783 | 46,154 | - | 1,638,884 | ||||||||||||
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Kristina Cashman
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5,449,049 | 117,888 | - | 1,638,884 | ||||||||||||
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Virginia W. Hamlet
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5,467,060 | 99,877 | - | 1,638,884 | ||||||||||||
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J. Walter McDowell
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5,479,200 | 87,737 | - | 1,638,884 | ||||||||||||
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Robert H. Spilman, Jr.
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5,480,157 | 86,780 | - | 1,638,884 | ||||||||||||
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William C. Wampler, Jr.
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5,298,762 | 268,175 | - | 1,638,884 | ||||||||||||
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William C. Warden, Jr.
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5,367,500 | 199,437 | - | 1,638,884 |
At the annual meeting, the shareholders also voted on two proposals:
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1.
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Ratification of Ernst & Young LLP as the Company's Independent Registered Public Accounting Firm.
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The final tabulation was as follows:
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Proposal
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Votes For
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Votes Against
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Votes
Abstain
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Broker Non-
Vote
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Ratification of Ernst & Young LLP
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7,091,942 | 87,560 | 26,319 | - |
2. To consider and act on an advisory vote regarding the approval of the compensation paid to certain executive officers.
The final tabulation was as follows:
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Proposal
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Votes For
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Votes Against
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Votes Abstain
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Broker Non-Vote
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Approval of Officer Compensation
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5,408,305 | 138,144 | 20,487 | 1,638,885 |