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): June 4, 2014
Document Security Systems, Inc.
(Exact Name of Registrant as Specified in Charter)
| New York | 001-32146 | 16-1229730 | ||
| (State or Other Jurisdiction | (Commission File Number) | (IRS Employer Identification No.) | ||
| of Incorporation) |
| First Federal Plaza, Suite 1525 | ||
| 28 E. Main Street | 14614 | |
| Rochester, NY | ||
| (Address of Principal Executive Offices) | (Zip Code) |
Registrant's telephone number, including area code: (585) 325-3610
(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:
| 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 a Vote of Security Holders
On June 4, 2014, Document Security Systems, Inc. (the “Company”) held its annual meeting of stockholders at the Hyatt Regency Rochester, 125 East Main Street, Rochester, New York 14604. A total of 32,283,735 shares of common stock, representing 65.2% of the aggregate shares outstanding and eligible to vote and constituting a quorum, were represented in person or by valid proxies at the annual meeting.
Robert Fagenson, Jeffrey Ronaldi, Peter Hardigan, Robert Bzdick, Jonathon Perrelli, Ira Greenstein, David Klein and Warren Hurwitz were each elected as directors of the Company to serve until the next annual meeting of stockholders.
The stockholders ratified the board of directors’ appointment of Freed Maxick CPAs, P.C. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2014.
The stockholders approved the non-binding proposal to approve the proposed compensation disclosed in the Proxy Statement of the Company’s executive officers who are named in the Proxy Statement’s Summary Compensation Table.
The final voting results on these matters were as follows:
| 1. | Election of Directors: |
| Name | Votes For | Votes Against | Votes Abstained | Broker Non-Votes | ||||
| Robert Fagenson | 9,893,347 | 1,184,165 | 173,162 | 21,033,061 | ||||
| Jeffrey Ronaldi | 7,919,718 | 3,172,327 | 158,629 | 21,033,061 | ||||
| Peter Hardigan | 7,930,560 | 3,161,485 | 158,629 | 21,033,061 | ||||
| Robert Bzdick | 7,891,282 | 3,201,513 | 157,879 | 21,033,061 | ||||
| Jonathon Perrelli | 8,005,635 | 3,087,960 | 157,079 | 21,033,061 | ||||
| Ira Greenstein | 7,986,742 | 3,097,253 | 166,679 | 21,033,061 | ||||
| David Klein | 7,888,326 | 3,195,569 | 166,779 | 21,033,061 | ||||
| Warren Hurwitz | 7,900,662 | 3,179,633 | 170,379 | 21,033,061 |
2. Ratification of appointment of Freed Maxick CPAs, P.C. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2014:
| Votes For | Votes Against | Votes Abstained |
| 29,511,062 | 2,452,339 | 320,334 |
The stockholders also ratified a non-binding proposal to approve the compensation of the Company’s executive officers, as set forth in the Company’s Proxy Statement Summary Compensation Table. The final voting results on these matters were as follows:
3. Ratification of Executive Compensation set forth in the Company’s Proxy Statement Summary Compensation Table:
| Votes For | Votes Against | Votes Abstained | Broker Non-Votes |
| 7,495,442 | 3,546,636 | 208,596 | 21,033,061 |
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.
Dated: June 5, 2014
| DOCUMENT SECURITY SYSTEMS, INC. | |
|
/s/ Jeffrey Ronaldi | |
|
By: Jeffrey Ronaldi Title: Chief Executive Officer |