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 the earliest event reported): October 13, 2017

 

Value Line, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

New York
(State or Other Jurisdiction

of Incorporation)

0-11306
   (Commission File Number)

13-3139843
(I.R.S Employer
Identification No.)

 

551 Fifth Avenue
New York, New York

(Address of Principal Executive Offices)

 

10176 

(Zip Code)

 

(212) 907-1500
(Registrant’s Telephone Number, Including Area Code)

 

 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 (see General Instruction A.2.):

 

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 Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

 

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.

 

On October 13, 2017, the annual meeting of the shareholders of Value Line was held to consider three proposals. Final votes have been tabulated and reported by American Stock Transfer & Trust Company, LLC, the Company’s transfer agent. Details of the voting are provided below:

 

 

Proposal 1: 

 

To elect the following nominees as Directors of the Company.  

 

 

Votes For

 

Withheld

Howard A. Brecher

9,206,914

 

250,529

Stephen R. Anastasio

9,022,659

 

434,784

Mary Bernstein

9,196,928

 

260,515

Alfred Fiore

9,210,765

 

246,678

Stephen Davis

9,211,465

 

245,978

Glenn J. Muenzer

9,037,191

 

420,252

 

 

Proposal 2:

 

 

Votes
For

   

Votes
Against

   

Abstentions

   

Broker
Non-Vote

 

Advisory vote on executive compensation, commonly referred to as “say-on-pay”

    9,450,496       4,418       2,527       0  

 

 

Proposal 3:

 

 

Every 1

Year

   

Every 2

Years

   

Every 3

Years

   

Abstentions

   

Broker
Non-Vote

 

Advisory vote on frequency of future stockholder advisory votes on executive compensation “say when-on-pay”

    297,326       1,000       9,022,276       136,840       0  

 

 

 

SIGNATURES

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized.

 

VALUE LINE, INC.

 

 

 

 

 

Dated: October 16, 2017

By: 

/s/ Howard A. Brecher

   

Howard A. Brecher
Chairman & Chief Executive Officer