8-KThe WireRoutine
Shareholder Vote · Company Update
Filed May 6, 2022 · 4y ago · Accession 0001558370-22-007527
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): May 4, 2022
ALLIED MOTION TECHNOLOGIES INC.
(Exact Name of Registrant as Specified in its Charter)
Colorado
0-04041
84-0518115
(State or Other Jurisdiction
(Commission File Number)
(IRS Employer
of Incorporation)
Identification No.)
495 Commerce Drive
Amherst , New York 14228
(Address of Principal Executive Offices, including zip code)
( 716 ) 242-8634
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Securities registered pursuant to Section 12(b) of the Exchange Act:
Title of each class
Trading Symbol
Name of each exchange on which registered
Common stock
AMOT
NASDAQ
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.07. Submission of Matters to a Vote of Security Holders.
Allied Motion Technologies Inc. (“the Company”) held its annual stockholders’ meeting on May 4, 2022. At the annual meeting, the stockholders of the Company (i) elected the seven director nominees, (ii) approved, on an advisory basis, the compensation awarded to the Company’s Named Executive Officers, (iii) ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the 2022 fiscal year.
The tables below are calculated based on 15,452,717 shares of the Company’s outstanding Common Stock on the record date of March 9, 2022.
The results of the voting for the seven director nominees were as follows:
Nominee
For
Against
Abstentions
Broker Non-votes
Robert B. Engel
12,736,614
86,703
10,360
1,537,856
Richard D. Federico
12,445,953
377,365
10,359
1,537,856
Steven C. Finch
12,741,430
81,737
10,510
1,537,856
James J. Tanous
12,139,376
683,941
10,360
1,537,856
Nicole R. Tzetzo
12,630,393
192,775
10,509
1,537,856
Richard S. Warzala
12,690,708
137,447
5,522
1,537,856
Michael R. Winter
12,601,556
221,762
10,359
1,537,856
The results for the advisory vote on executive compensation were as follows:
,222
For
Against
Abstentions
Broker Non-Votes
12,129,755
301,905
402,017
1,537,856
The results of the voting for the ratification of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the 2022 fiscal year were as follows:
For
Against
Abstentions
14,032,353
14,642
324,538
Item 8.01. Other Events.
Director Compensation Program
On May 4, 2022, the Board of Directors amended the Company’s Director Compensation Program. As amended, the annual cash retainer paid to each Non-employee Director is increased to $62,400. The annual restricted stock award granted to each Non-employee Director under the Company’s 2017 Omnibus Incentive Plan was also increased. As amended, the annual award consists of shares of the Company’s common stock with a value of $69,100 as of the date of election. These restricted shares will vest quarterly over the 12-month service period.
A copy of the Company’s Director Compensation Program, Stock Ownership Requirements and Stock-in-Lieu of Cash Retainer Plan, including the Non-Employee Director Compensation Policy pursuant to the 2017 Omnibus Incentive Plan is filed as Exhibit 10.1 hereto.
Item 9.01. Financial Statements and Exhibits
10.1
Company’s Director Compensation Program, Stock Ownership Requirements and Stock-in-Lieu of Cash Retainer Plan, including the Non-Employee Director Compensation Policy pursuant to the 2017 Omnibus Incentive Plan .
104
Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
DATE: May 6, 2022 ALLIED MOTION TECHNOLOGIES INC.
By: /s/ Michael R. Leach
Michael R. Leach
Senior Vice President & Chief Financial Officer
Filing details
- Company
- ALLIENT INC
- Ticker
- ALNT
- CIK
- 46129
- Form type
- 8-K
- Filing date
- May 6, 2022
- Report date
- May 4, 2022
- Document
- amot-20220504x8k.htm
- Size
- 240 KB