This was from Asyst's recent 10-Q on the results of the voting for an
amendment to the stock option plan.
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS (CONTINUED)
Proposal 2:
The adoption of the amendment of the Company's 1993 Stock Option Plan
to increase the aggregate number of shares of common stock
authorized for issuance under such plan by 1,800,000 shares, add
"evergreen provisions", add provisions related to restricted stock
awards, rescind the Board's authority to reprice options without
shareholder approval, set the aggregate number of shares that may be
issued pursuant to exercise of incentive stock options, and increase
the per-individual, per-calendar year period limitation from 200,000
shares to 900,000 shares of common stock was approved by the
following vote:
BROKERED
"FOR" "AGAINST" "ABSTAIN" "NON-VOTES"
------------ --------- --------- -----------
3,406,372 3,332,207 59,147 3,981,449
I voted against this management gift.
It was close but, looks like the “ Brokered Non-Votes” Won! |
