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 25, 2022
CPI CARD GROUP INC.
(Exact name of registrant as specified in its charter)
Delaware (State or other jurisdiction | 001-37584 (Commission | 26-0344657 (I.R.S. Employer |
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| CPI Card Group Inc. Littleton, CO (Address of principal executive offices) | 80127 (Zip Code) |
(720) 681-6304
(Registrant’s telephone number, including area code)
N/A
(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))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
Common Stock, $0.001 par value | PMTS | Nasdaq Global Market |
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.
CPI Card Group Inc. (the “Company”) held its 2022 annual meeting of stockholders (the “Annual Meeting”) on May 25, 2022. At the Annual Meeting, the Company’s stockholders considered three proposals, which are summarized below and described in detail in the Company’s definitive proxy statement (the “Proxy Statement”) for the Annual Meeting filed with the Securities and Exchange Commission on April 13, 2022. The following are the voting results on each matter submitted to the Company’s stockholders at the Annual Meeting.
Proposal No. 1 – Election of Directors
The Company’s stockholders elected the following individuals to the Board for a one-year term expiring at the Company’s annual meeting of stockholders in 2023:
Nominee |
| For |
| Against |
| Abstentions |
| Broker Non-Votes |
Thomas Furey | | 7,494,174 | | 84,814 | | 6,588 | | 2,087,434 |
Robert Pearce | | 7,307,663 | | 271,325 | | 6,588 | | 2,087,434 |
Nicholas Peters | | 7,063,473 | | 515,515 | | 6,588 | | 2,087,434 |
Scott Scheirman | | 7,507,568 | | 76,135 | | 1,873 | | 2,087,434 |
Bradley Seaman | | 7,113,874 | | 469,779 | | 1,923 | | 2,087,434 |
Marc Sheinbaum | | 7,494,290 | | 84,768 | | 6,518 | | 2,087,434 |
Valerie Soranno Keating | | 7,500,712 | | 79,255 | | 5,609 | | 2,087,434 |
Proposal No. 2 – Ratification of Appointment of KPMG LLP as Independent Registered Public Accounting Firm
The Company’s stockholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2022 by the following votes:
For |
| Against |
| Abstentions |
9,589,234 | | 79,104 | | 4,672 |
Proposal No. 3 – Stockholder Advisory Vote to Approve Named Executive Officer Compensation
The Company’s stockholders voted to approve, on an advisory basis, the compensation of the Company’s named executive officers, as described in the Proxy Statement, by the following votes:
For |
| Against |
| Abstentions |
| Broker Non-Votes |
7,252,451 | | 141,570 | | 191,555 | | 2,087,434 |
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.
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| CPI CARD GROUP INC. | |
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Dated: May 26, 2022 | By: | /s/ Matthew S. Senko |
| Name: | Matthew S. Senko |
| Title: | Associate General Counsel and Assistant Secretary |