SECURITIES AND EXCHANGECOMMISSION
WASHINGTON, D.C. 20549
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): December 30, 2011
ISRAMCO, INC.
(Exact name of registrant as specified in its charter)
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Delaware
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0-12500
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13-3145265
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State or other jurisdiction of incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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2425 West Loop South Suite 810 Houston Texas 77027
(Address of principal executive offices, including Zip Code)
713-621-6785
(Registrant's telephone number, including area code)
_______________________________________________
(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):
r Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
r Soliciting material pursuant to Rule 14a-12 under the Exchange Act(17 CFR 240.14a-12)
r Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
r 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 a Vote of Security holders
On December 30, 2011, Isramco Inc. (the “Company”) held its annual meeting of stockholders. The following matters were voted on by the stockholders: (i) election of directors, (ii) approval, by non-binding vote, executive compensation as disclosed in the proxy statement furnished to stockholders in connection with the meeting (the “Proxy Statement”), (iii) determination, by non-binding vote, the frequency of future non-binding votes on executive compensation, (iv) ratification of the company’s 2011 Stock Incentive Plan, and (v) the ratification of the appointment of Malone Bailey, PC (“Malone”), as the Company’s auditors for the fiscal year ending December 31, 2011. Stockholders representing 1,636,663 out of a total of 2,717, 687 shares of Common Stock appeared at the meeting in person or by proxy, representing a quorum for the transaction of all business to be considered at the meeting.
At the meeting, (i) Haim Tsuff, Max Pridgeon, Joseph From, Asaf Yarkoni, Fran Sluiter, and Itai Ram were elected or re-elected as directors and Marc E. Kalton did not receive sufficient votes for election and was not re-elected, (ii) by nonbinding vote, the executive compensation, as disclosed in the Proxy Statement, was approved, (iii) by non-binding vote, the stockholders expressed a preference of future non-binding votes on executive compensation of every three years, (iv) the Company’s 2011 Stock Incentive Plan was approved, and (v) the appointment of Malone as auditors was ratified.
The final vote tallies were as follows:
1. Proposal to elect directors to serve until the 2012 Annual Meeting of Stockholders.
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Name
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Votes For
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Votes
Withheld
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||||||
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Haim Tsuff
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1,599,288 | 37,375 | ||||||
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Max Pridgeon
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1,634,110 | 2,553 | ||||||
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Marc E. Kalton
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71,774 | 1,564,889 | ||||||
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Joseph From
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1,635,843 | 820 | ||||||
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Asaf Yarkoni
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1,635,853 | 810 | ||||||
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Fran Sluiter
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1,635,843 | 820 | ||||||
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Itai Ram
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1,635,853 | 810 | ||||||
2. Proposal to Approve, by nonbinding vote, Executive Compensation as disclosed in the Proxy Statement.
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FOR
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AGAINST
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ABSTAIN
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||||||||
| 1,634,818 | 850 | 995 | ||||||||
3. Proposal to determine, by nonbinding vote, the frequency of future nonbinding votes on executive compensation.
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For one year -
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34,319 | |||
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For two years -
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500 | |||
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For three years -
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1,600,380 | |||
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Abstain -
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1,464 |
4. Proposal to approve the company’s 2011 Stock Incentive Plan
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FOR
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AGAINST
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ABSTAIN
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||||||||
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1,632,913
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2,825
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995
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5. Proposal to ratify the appointment of Malone as the Company’s auditors for the fiscal year ending December 31, 2011.
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FOR
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AGAINST
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ABSTAIN
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||||||||
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1,635,668
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20
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975
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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.
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ISRAMCO, INC.
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DATED: January 5, 2012
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By:
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/s/ Haim Tsuff
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Haim Tsuff
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Chief Executive Officer
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