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): May 12, 2017
AMERICAN ELECTRIC TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
| Florida | 000-24575 | 59-3410234 | ||
| (State or other jurisdiction | (Commission | (IRS Employer | ||
| of incorporation) | File Number) | Identification No.) |
| 1250 Wood Branch Park Drive, Ste 600 | 77079 | |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code 713-644-8182
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)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in 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
The voting results on the matters considered by the stockholders of American Electric Technologies, Inc., (“the Company”) at the Annual Meeting held on May 12, 2017 were as follows:
| 1. | To elect five members to the Company’s Board of Directors |
| Director Nominee |
Votes For | Votes Withheld | Broker Non-Votes | |||||||||
| Edward L. Kuntz |
3,839,293 | 470,126 | 3,149,107 | |||||||||
| J. Hoke Peacock II |
3,756,984 | 552,435 | 3,149,107 | |||||||||
| Peter Menikoff |
3,852,493 | 456,926 | 3,149,107 | |||||||||
| Neal Dikeman |
3,581,553 | 727,866 | 3,149,107 | |||||||||
| Charles M. Dauber |
4,185,455 | 123,964 | 3,149,107 | |||||||||
| 2. | To ratify the selection of the independent registered public accounting firm for the fiscal year ending December 31, 2017. There were no Broker Non-Votes. |
| Votes For | Votes Against | Votes Withheld | ||
| 7,011,597 | 420,226 | 26,703 |
| 3. | Advisory resolution to approve executive compensation. |
| Votes For | Votes Against | Votes Withheld | Broker Non-Votes | |||
| 3,758,506 | 431,169 | 119,744 | 3,149,107 |
| 4. | Frequency of advisory vote to approve executive compensation |
| 1 Year | 2 Years | 3 Years | Votes Withheld | |||
| 2,050,529 | 96,674 | 2,155,234 | 6,982 | |||
| Broker Non-Votes | ||||||
| 3,149,107 | ||||||
The Board of Directors has considered the outcome of the advisory vote with respect to the frequency of the stockholder vote to approve executive compensation and has determined that the Company will hold future votes to approve executive compensation on an annual basis.
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.
| AMERICAN ELECTRIC TECHNOLOGIES, INC. | ||||||
| Date: May 12, 2017 | By: | /s/ William B. Brod | ||||
| Senior Vice President and CFO | ||||||