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HORIZON LINES, INC. FILES (8-K) Disclosing Submission of Matters to a Vote of Security Holders

June 10, 2014



Item 5.07. Submission of matters to a Vote of Security Holders.

Horizon Lines, Inc. (the "Company") held its Annual Meeting of Shareholders on June 5, 2014. At the meeting, shareholders elected each of the nominees nominated by the Board of Directors (the "Board") to serve a three-year term on the Company's Board. Shareholders also approved the adoption of a Section 382 rights plan which was adopted by the Board in August 2012 (the "Rights Plan") to preserve the Company's substantial amount of net operating loss carry forwards and other tax benefits. Further, Shareholders ratified the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for fiscal 2014. Finally, shareholders approved, on an advisory basis, the Company's executive compensation program for its named executive officers, as described in the Company's Proxy Statement.

Set forth below are the final voting results for each of the proposals.

Election of Director Nominees

Director For Withheld Broker Non-Votes James LaChance 29,087,526 49,426 5,853,654 Steven L. Rubin 29,084,602 52,350 5,853,654



Approve the adoption of the Rights Plan

For Against Abstain Broker Non-Votes 29,110,589 24,723 1,640 5,853,654 Ratification of Ernst & Young LLP as Independent Registered Public Accounting Firm For Against Abstain Broker Non-Votes 34,973,432 8,799 8,375 0



Approval of Company's Executive Compensation for Named Executive Officers

For Against Abstain Broker Non-Votes 26,360,332 2,761,273 15,347 5,853,654



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Source: Edgar Glimpses


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