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INSTITUTIONAL FINANCIAL MARKETS, 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.

Institutional Financial Markets, Inc., a Maryland corporation (the "Company"), held its 2014 Annual Meeting of Stockholders (the "Annual Meeting") at 10:00 a.m., Eastern Daylight Time, on Tuesday, June 10, 2014, at the offices of Duane Morris LLP, located at 1540 Broadway, New York, New York 10036. The following three proposals were submitted for a vote of the Company's stockholders at the Annual Meeting:

1. To elect eight directors, each to serve until the Company's next annual meeting of stockholders and until his successor is duly elected and qualified or until his earlier death, resignation or retirement; 2. To approve the Second Amended and Restated Institutional Financial Markets, Inc. 2010 Long-Term Incentive Plan; and 3. To ratify the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for the year ending December 31, 2014.



The total number of the Company's securities entitled to vote at the Annual Meeting were: 15,255,509 shares of the Company's common stock and 4,983,557 shares of the Company's Series E Voting Non-Convertible Preferred Stock (the "Series E Preferred Shares"). The Company's common stock and the Series E Preferred Shares vote together on all matters. Of the combined common stock and Series E Preferred Shares, 18,512,275 shares, or 91.47%, were present in person or by proxy at the Annual Meeting.

The voting results were as follows:

1. Each of the eight nominee directors was elected to the Company's Board of Directors, each to serve until the Company's next annual meeting of stockholders and until his successor is duly elected and qualified or until his earlier death, resignation or retirement. The number of votes cast for and withheld from each of the directors and the number of broker non-votes were as follows:

Nominee For Withheld Broker Non-Votes Daniel G. Cohen 10,618,606 357,745 7,535,924 Thomas P. Costello 10,638,023 338,328 7,535,924 G. Steven Dawson 10,773,300 203,051 7,535,924 Jack J. DiMaio, Jr. 10,852,955 123,396 7,535,924 Joseph M. Donovan 10,644,614 331,737 7,535,924 Jack Haraburda 10,644,144 332,207 7,535,924 Christopher Ricciardi 10,712,979 263,372 7,535,924 Neil S. Subin 10,644,552 331,799 7,535,924 2



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2. The Company's stockholders approved the Second Amended and Restated Institutional Financial Markets, Inc. 2010 Long-Term Incentive Plan. The number of votes cast for and against the proposal and the number of abstentions and broker non-votes were as follows:

For Against Abstain Broker Non-Vote 10,125,647 769,351 81,353 7,535,924



3. The Company's stockholders ratified the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for the year ending December 31, 2014. The number of votes cast for and against the proposal and the number of abstentions were as follows:

For Against Abstain 17,951,874 320,918 239,483 3



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Source: Edgar Glimpses


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