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): June 21, 2010
SRS LABS, INC.
(Exact Name of registrant as specified in its charter)
Delaware |
| 0-21123 |
| 33-0714264 |
(State or other jurisdiction of |
| (Commission File Number) |
| (IRS Employer |
2909 Daimler Street | 92705 |
(Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (949) 442-1070
Not Applicable
(Former name or former address, if changed since last report)
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:
¨ 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))
Item 5.07. Submission of Matters to a Vote of Security Holders
(a) SRS Labs, Inc. (the “Company”) held its 2010 Annual Meeting of Stockholders (the “Annual Meeting”) on June 21, 2010.
(b) Proposal 1: At the Annual Meeting, the Company’s stockholders elected David R. Dukes as the Class II director to the Board of Directors to serve a three year term expiring at the 2013 Annual Meeting of Stockholders or until his successor is elected and qualified. Mr. Dukes received affirmative votes from more than a majority of the votes cast. The tabulation of the votes cast for the election of David R. Dukes was as follows:
Nominee |
| Votes For |
| Votes Withheld |
| Broker Non-Votes |
|
David R. Dukes |
| 9,274,119 |
| 313,183 |
| 4,440,376 |
|
Proposal 2: At the Annual Meeting, the Company’s stockholders approved an amendment to the SRS Labs, Inc. 2006 Stock Incentive Plan to increase the number of shares of Company’s common stock available for issuance thereunder by 1,000,000 shares. The tabulation of votes was as follows:
Votes For |
| Votes Against |
| Abstentions |
| Broker Non-Votes |
|
6,622,947 |
| 3,945,089 |
| 19,267 |
| 3,440,375 |
|
Proposal 3: At the Annual Meeting, the stockholders also voted to ratify the appointment of Squar, Milner, Peterson, Miranda & Williamson, LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2010. The tabulation of votes was as follows:
Votes For |
| Votes Against |
| Abstentions |
| Broker Non-Votes |
|
13,971,017 |
| 30,164 |
| 26,497 |
| N/A |
|
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, thereunto duly authorized.
| SRS LABS, INC., | |
| a Delaware corporation | |
|
| |
|
| |
Date: June 21, 2010 |
| |
| By: | /S/ THOMAS C.K. YUEN |
|
| Thomas C.K. Yuen |
|
| Chairman of the Board and Chief Executive Officer |