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SOLITRON DEVICES INC FILES (8-K) Disclosing Change in Directors or Principal Officers, Submission of Matters to a Vote of Security Holders, Other Events

July 9, 2014



Item 5.02. Departure of Directors or Certain Officers; Election of Directors;

Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.



The information set forth in Item 5.07 of this report on Form 8-K is hereby incorporated by reference into this Item 5.02.

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

On July 8, 2014, Solitron Devices, Inc. (the "Company") held its 2014 Annual Meeting of Stockholders (the "Annual Meeting"). Below is a summary of the proposals and corresponding votes.

Proposal One: The election of one (1) director as a Class I director to serve for a term until the 2017 Annual Meeting of Stockholders or until a successor is duly elected and qualified received the following votes:

Nominee For Withheld Joseph F. Gerrity 557,691 738,165



There were 585,337 broker non-votes on this proposal.

Following the Annual Meeting, the Board of Directors of the Company accepted the resignation of Joseph F. Gerrity, effective July 8, 2014.

Proposal Two: The ratification of the selection of Goldstein Schechter Koch, P.A. as the Company's independent certified public accountants for the fiscal year ending February 28, 2015 received the following votes:

For Against Abstain 1,546,710 160,358 174,125



There were no broker non-votes on this proposal.

Proposal Three: The non-binding advisory vote on the compensation of the named executive officer of the Company received the following votes:

For Against Abstain 777,660 456,723 61,473



There were 585,337 broker non-votes on this proposal.

Item 8.01. Other Events.



On July 8, 2014, the Board of Directors approved the formation of a Nominating Committee composed of Jacob A. Davis and Sidney H. Kopperl. Mr. Davis was appointed Chairman of the Nominating Committee. A copy of the Nominating Committee's charter is located on the Company's website at www.solitrondevices.com on the Investor Relations page.

Also, on July 8, 2014, the Board of Directors appointed Sidney H. Kopperl as Chairman of the Audit Committee and determined that Mr. Kopperl is the Company's audit committee "financial expert."

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