Current Report Filing (8-k)
20 August 2021 - 10:04PM
Edgar (US Regulatory)
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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): August 20, 2021
______________________________________________________________________________
AIR T, INC.
(Exact Name of Registrant as Specified in Charter)
______________________________________________________________________________
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Delaware
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001-35476
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52-1206400
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(State or Other Jurisdiction
of Incorporation)
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(Commission
File Number)
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(I.R.S. Employer
Identification No.)
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5930 Balsom Ridge Road
Denver, North Carolina 28037
(Address of Principal Executive Offices, and Zip Code)
________________(828) 464-8741__________________
Registrant’s Telephone Number, Including Area Code
Not applicable___
(Former Name or Former Address, if Changed Since Last Report)
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Common Stock
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AIRT
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NASDAQ Global Market
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Alpha Income Preferred Securities (also referred to as 8% Cumulative Capital Securities) (“AIP”)
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AIRTP
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NASDAQ Global Market
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Warrant to purchase AIP
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AIRTW
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NASDAQ Global Market
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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):
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☐
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Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐
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Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
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Emerging growth company
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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.
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Item 5.07. Submission of Matters to a Vote of Security Holders.
(a) On August 18, 2021, the Company held its 2021 Annual Meeting of Stockholders. Of the 2,881,853 shares of the Company’s common stock outstanding and entitled to vote, 2,633,591 shares, or 91.39%, were represented at the meeting.
(b) During the annual meeting, the Company's stockholders voted on the following matters:
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Proposal 1. Election of Directors
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Votes For
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Votes Withheld
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Broker Non-Votes
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Raymond E. Cabillot
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2,064,950
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19,256
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549,385
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William R. Foudray
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2,064,950
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19,256
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549,385
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Gary S. Kohler
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2,081,299
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2,907
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549,385
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Peter McClung
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2,047,135
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37,071
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549,385
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Nicholas J. Swenson
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2,082,174
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2,032
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549,385
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Travis Swenson
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2,082,324
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1,882
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549,385
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Proposal 2. With respect to the approval of the Company’s 2020 Omnibus Stock and Incentive Plan.
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Votes For
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Votes Against
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Abstain
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Broker Non-Votes
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2,075,176
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7,874
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1,156
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549,385
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Proposal 3. Advisory vote to approve the compensation of the Company's named executive officers.
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Votes For
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Votes Against
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Abstain
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Broker Non-Votes
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2,074,711
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6,920
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2,575
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549,385
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Proposal 4. With respect to the approval of an amendment to our Restated Certificate of Incorporation to increase the number of authorized preferred shares.
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Votes For
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Votes Against
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Abstain
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Broker Non-Votes
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1,841,283
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240,223
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2,700
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549,385
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Proposal 5. Ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for 2022.
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Votes For
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Votes Against
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Abstain
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2,611,946
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21,520
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125
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: August 20, 2021
AIR T, INC.
By: /s/ Brian Ochocki
Brian Ochocki, Chief Financial Officer
Air T (NASDAQ:AIRT)
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