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): October 7, 2020
FREQUENCY ELECTRONICS, INC.
(Exact name of registrant as specified in its charter)
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Delaware |
1-8061 |
11-1986657 |
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(State or other jurisdiction |
(Commission |
(I.R.S. Employer |
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of incorporation) |
File Number) |
Identification No.) |
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55 Charles Lindbergh Blvd., Mitchel Field, NY |
11553 |
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(Address of principal executive offices) |
(Zip Code) |
(516) 794-4500
(Registrant's telephone number, including area code)
NONE
(Former name, former address and former fiscal year, 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):
☐ 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:
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Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered |
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Common Stock (par value $1.00 per share) |
FEIM |
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.
On October 7, 2020, Frequency Electronics, Inc. (the “Company”) held its Annual Meeting of Stockholders (the “Annual Meeting”). A total of 8,093,131 shares or 88% of the shares of Common Stock of the Company entitled to vote at the Annual Meeting were represented in person or by proxy, and the stockholders:
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elected each of the Company’s nominees for director to serve for terms of one year and until their successors are elected and qualified; |
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ratified the appointment of BDO USA, LLP as the Company’s independent registered public accounting firm for the fiscal year ending April 30, 2021; and |
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approved, on a non-binding advisory basis, the Company’s executive compensation. |
The voting results at the Annual Meeting were as follows:
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1. |
Election of the following five directors: |
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DIRECTOR |
FOR |
WITHHELD |
BROKER NON-VOTES |
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Jonathan Brolin |
5,799,204 | 1,128,614 | 1,165,313 | |||||||||
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Richard Schwartz |
5,772,925 | 1,154,893 | 1,165,313 | |||||||||
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Dr. Stanton D. Sloane |
5,999,253 | 928,565 | 1,165,313 | |||||||||
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Russell Sarachek |
5,999,760 | 928,058 | 1,165,313 | |||||||||
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Lance Lord |
5,808,123 | 1,119,695 | 1,165,313 | |||||||||
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2. |
Ratification of the appointment of BDO USA, LLP as the Company’s independent registered public accounting firm for the fiscal year ending April 30, 2021: |
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FOR |
AGAINST |
ABSTAIN |
BROKER NON-VOTES |
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| 7,161,554 | 613,849 | 317,728 | 0 | ||||||||||
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3. |
Non-binding advisory vote on the Company’s executive compensation: |
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FOR |
AGAINST |
ABSTAIN |
BROKER NON-VOTES |
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| 5,991,060 | 617,997 | 318,761 | 1,165,313 | ||||||||||
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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FREQUENCY ELECTRONICS, INC. |
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By: |
/s/ Steven Bernstein |
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Steven Bernstein |
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Chief Financial Officer, Secretary and Treasurer |
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Dated: October 9, 2020