Item 5.07. Submission of Matters to a Vote of Security Holders.
The Company's Stockholders considered three proposals, each of which is described in the Proxy Statement. A total of 12,354,191 shares (including preferred shares) were represented in person or by proxy, or 68.74% of the total capital stock outstanding. The final results of votes with respect to the proposals submitted for shareholder vote at the Annual Meeting are set forth below.
Proposal 1 - Election of Directors
Stockholders elected Dr.
Director For Withhold Christopher J. Leatt 12,304,190 50,001 Sean Macdonald 12,304,190 50,001 Jeffrey J. Guzy 12,304,190 50,001
Proposal 2 - Ratification of the Appointment of the Company's Independent Registered Public Accounting Firm
Stockholders approved ratification of the appointment of Fitzgerald & Co,
For Against Abstain 12,226,453 - 127,738
Proposal 3 - Approval of the compensation of the Company's named executive officers.
Stockholders approved the compensation of the Company's named executive officers
as disclosed on the Proxy Statement filed on
For Against Abstain 12,225,575 127,736 880
Proposal 4 - Approval of the amendment of the Company's Equity Incentive Plan.
Stockholders approved the amendment of the Company's Amended and Restated 2011
Equity Incentive Plan to increase the amount of common shares authorized under
the plan to 1,520,000 shares as disclosed in this Proxy Statement filed on
For Against Abstain 12,174,163 179,198 830
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