UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): October 4, 2010
MENDOCINO BREWING COMPANY, INC.
(Exact name of issuer as specified in its charter)
California
(State or Other Jurisdiction of Incorporation)
0-22524 | 68-0318293 |
(Commission File No.) | (IRS Employer Identification Number) |
1601 Airport Road, Ukiah, California | 95482 |
(Address of principal executive offices) | (Zip Code) |
(707) 463-6610
(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 (see General Instruction A.2. below):
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
o | 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 Vote of Security Holders
At the annual meeting of shareholders held by Mendocino Brewing Company, Inc. (the "Company") on October 4, 2010, in Ukiah, California, the Company's shareholders approved the three proposals listed below. The proposals are described in detail in the Company's Proxy Statement dated September 1, 2010.
The following proposals were adopted by the margins indicated:
1. To elect seven (7) directors to hold office until the next annual meeting or until their successors are duly elected and qualified.
NOMINEE | VOTES FOR | VOTES AGAINST | BROKER NON-VOTES | % OF VOTES CAST FOR |
Scott R. Heldfond | 10,337,260 | 49,937 | 446,315 | 99.52% |
H. Michael Laybourn | 10,341,740 | 45,457 | 446,315 | 99.56% |
Dr. Vijay Mallya | 10,338,535 | 48,662 | 446,315 | 99.53% |
Jerome G. Merchant | 10,340,110 | 47,087 | 446,315 | 99.55% |
Sury Rao Palamand | 10,337,385 | 49,812 | 446,315 | 99.52% |
Kent D. Price | 10,340,235 | 46,962 | 446,315 | 99.55% |
Yashpal Singh | 10,337,160 | 50,037 | 446,315 | 99.52% |
* Broker non-votes occur when a broker, bank or other nominee holding shares for a beneficial owner does not vote on a particular matter because such broker, bank or other nominee does not have discretionary authority to vote on that matter and has not received voting instructions from the beneficial owner. Broker non-votes had no effect on the outcome of this proposal since the election of directors is based on the votes actually cast.
2. To approve the Amended and Restated Directors' Compensation Plan to provide for an increase in the number of shares of Company common stock authorized for issuance under such plan, to provide for fixed annual retainers and discretionary annual bonuses for the Non-Employee directors and to modify the amounts and form of compensation awarded to the Non-Employee directors for their service on the Board of Directors.
VOTES FOR | VOTES AGAINST | VOTES ABSTAIN | BROKER NON-VOTES | % OF VOTES CAST FOR |
10,267,980 | 93,905 | 25,312 | 446,315 | 98.85% |
3. To ratify the appointment of PMB Helin Donovan, LLP the Company's registered independent public accounting firm for the fiscal year ending December 31, 2010.
VOTES FOR | VOTES AGAINST | VOTES ABSTAIN | BROKER NON-VOTES | % OF VOTES CAST FOR |
10,772,169 | 44,798 | 16,545 | 0 | 99.43% |
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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.
MENDOCINO BREWING COMPANY, INC. | |||
(Registrant) | |||
Date: October 6, 2010 | By: | /s/ Yashpal Singh | |
Yashpal Singh | |||
President and Chief Executive Officer |
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