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 15, 2014

 

INDUSTRIAL SERVICES OF AMERICA, INC.

(Exact name of registrant as specified in its Charter)

 

Florida

 

0-20979

 

59-0712746

(State or other jurisdiction

 

(Commission

 

(IRS Employer

of incorporation)

 

File Number)

 

Identification No.)

 

7100 Grade Lane, P.O. Box
32428, Louisville, Kentucky

 

40232

(Address of principal
executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code  (502) 366-3452

 

Not applicable

(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.

 

At the annual meeting of shareholders of Industrial Services of America, Inc. (the “Company”) on October 15, 2014, shareholders (1) elected each of the seven Company nominees to serve a one year term on the Company’s Board of Directors, (2) ratified the appointment of Mountjoy Chilton Medley LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2014, and (3) approved the issuance of options to purchase 1,500,000 shares of the Company’s Common Stock to Algar, Inc. The results of the voting are shown below.

 

Proposal 1-Election of Board of Directors

 

Company
Nominees

 

Votes For

 

Votes
Withheld

 

Broker Non-Votes

 

Orson Oliver

 

4,682,069

 

3,091

 

2,571,880

 

Albert Cozzi

 

4,615,157

 

70,003

 

2,571,880

 

Ronald Strecker

 

4,534,737

 

150,423

 

2,571,880

 

Francesca Scarito

 

4,676,909

 

8,251

 

2,571,880

 

Sean Garber

 

4,372,434

 

312,726

 

2,571,880

 

Vince Tyra

 

4,516,709

 

168,451

 

2,571,880

 

William Yarmuth

 

4,494,309

 

190,851

 

2,571,880

 

 

Proposal 2-Ratification of Appointment of Independent Registered Public Accounting Firm

 

Votes For

 

Votes Against

 

Abstain

 

Broker Non-
Votes

 

7,219,245

 

31,367

 

6,428

 

 

 

Proposal 3-Approval of the Issuance of Options to Purchase 1,500,000 Shares of Common Stock to Algar, Inc.

 

Votes For

 

Votes Against

 

Abstain

 

Broker Non-
Votes

 

4,359,803

 

312,494

 

12,863

 

2,571,880

 

 

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SIGNATURE

 

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 thereunto duly authorized.

 

 

 

INDUSTRIAL SERVICES OF AMERICA, INC.

 

 

 

 

 

 

Date:  October 17, 2014

By:

/s/ Alan Schroering

 

 

Alan Schroering

 

 

Vice President of Finance and Interim Chief Financial Officer

 

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