News Column

BLUELINX HOLDINGS INC. FILES (8-K) Disclosing Submission of Matters to a Vote of Security Holders, Other Events

May 21, 2014

Item 5.07 Submission of Matters to a Vote of Security Holders



On May 15, 2014, BlueLinx Holdings Inc. (the "Company") held its Annual Meeting of Stockholders to (1) elect nine directors to hold office until the 2015 Annual Meeting of Stockholders or until their successors are duly elected and qualified, (2) ratify the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for fiscal year 2014, and (3) approve the advisory, non-binding resolution regarding the executive compensation described in the Company's Proxy Statement.

At the close of business of April 4, 2014, the record date, an aggregate of 87,601,516 shares of the Company's common stock were issued and outstanding. At the meeting 84,222,344 shares of common stock were represented in person or by proxy; therefore, a quorum was present.

At the May 15, 2014 Annual Meeting of Stockholders, the Company's stockholders voted as follows:

(1) For the election of the below-named nominees to the Board of Directors of the Company: Number of Number of Broker Nominees Votes For Votes Withheld Non-Votes



Kim S. Fennebresque 73,144,740 1,852,082 9,225,522 Richard S. Grant 72,781,554 2,215,268 9,225,522 Roy W. Haley 73,284,778 1,712,044 9,225,522 Ronald E. Kolka 64,106,537 10,890,285 9,225,522 Mitchell B. Lewis 64,985,693 10,011,129 9,225,522 Steven F. Mayer 64,091,378 10,905,444 9,225,522 Gregory S. Nixon 72,781,358 2,215,464 9,225,522 Alan H. Schumacher 72,626,014 2,370,808 9,225,522 M. Richard Warner 72,256,031 2,740,791 9,225,522

(2) For the ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for fiscal year 2014: For Against Abstain 83,647,954 558,036 16,354



(3) For the approval of the advisory, non-binding resolution regarding the executive compensation described in the Company's Proxy Statement:

For Against Abstain Broker Non-Vote 73,215,142 1,731,611 50,069 9,225,522 Item 8.01. Other Events.



On May 20, 2014, the Company consummated the sale of its distribution center located in Portland, Oregon. The approximately 109,100 square-foot distribution center sold for $7.2 million. The Company expects to record a gain of approximately $4.9 million related to this transaction in the second quarter of 2014 as a reduction of operating expense. The Company will use the proceeds from the sale to pay down debt.

--------------------------------------------------------------------------------


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Edgar Glimpses


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters