Item 2.02. Results of Operations and Financial Condition
On May 7, 2015, Houston Wire & Cable Company (the "Company") reported its financial results for the quarter ended March 31, 2015. The Company's press release dated May 7, 2015, is attached as exhibit 99.1.Item 5.07. Submission of Matters to a Vote of Security Holders
On May 5, 2015, the Company held its 2015 Annual Meeting of Stockholders (the "Annual Meeting"). At the Annual Meeting, 16,122,962 shares of common stock, par value $.001, or approximately 92.67% of the 17,398,140 shares of common stock outstanding and entitled to vote at the Annual Meeting, were present in person or by proxy. Set forth below are the matters acted upon by Company stockholders at the Annual Meeting, and the final voting results on each such matter. Proposal 1: Election of Directors. The number of votes cast for and withheld from each nominee, as well as the number of broker non-votes, were as follows:
Name of Nominee Votes For Votes Withheld
Michael T. Campbell 14,417,655 179,797
I. Stewart Farwell 14,404,192 193,260
Mark A. Ruelle 14,420,343 177,109
Wilson B. Sexton 14,421,624 175,828
William H. Sheffield 14,418,989 178,463
Scott L. Thompson 13,602,450 995,002
G. Gary Yetman 14,464,413 133,039
James L. Pokluda III 14,457,254 140,198
There were 1,525,510 broker non-votes as to Proposal 1. All eight nominees were elected. Proposal 2: Ratification of Selection of Independent Registered Public Accounting Firm. The number of votes cast for and against this matter, as well as the number of abstentions, were as follows:
Votes For as a Percentage of
Votes For Votes Present at the Meeting Votes Against Abstentions
16,072,153 99.68 32,585 18,224
There were no broker non-votes as to Proposal 2. Proposal 2 received the affirmative vote of the holders of at least a majority of the shares of common stock present at the Annual Meeting and therefore was adopted. Proposal 3: Advisory Vote to Approve Executive Compensation. The number of votes cast for and against this matter, as well as the number of abstentions and broker non-votes, were as follows:
Votes For as a Percentage of
Votes For Votes Present at the Meeting Votes Against Abstentions
14,119,292 96.72 421,108 57,052
There were 1,525,510 broker non-votes as to Proposal 3. Proposal 3 received the affirmative vote of the holders of at least a majority of the shares of common stock present at the Annual Meeting and therefore was adopted. Item 9.01. Financial Statements and Exhibits
(d) Exhibits
99.1 Press Release of Houston Wire & Cable Company dated May 07, 2015
SIGNATURE 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. |
