Dss, Inc 8-K, filed Dec 9, 2020

UNITEDSTATES

SECURITIESAND EXCHANGE COMMISSION

Washington,D.C. 20549

FORM8-K

CURRENTREPORT

Pursuantto Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 8, 2020

DOCUMENTSECURITY SYSTEMS, INC.

(Exact name of registrant as specified in its charter)

Registrant’s telephone number, including area code: (585) 325-3610

NotApplicable

(Formername 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. below):

Securities registered pursuant to Section 12(b) of the Act:

Indicate by check mark whether the registrant is an emerging growth company 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. [  ]

Item5.07 Submission of Matters to a Vote of Security Holders

On December 8, 2020, Document Security Systems, Inc. (“Company”) held its 2020 Annual Meeting of Stockholders at 32731 Egypt Lane, Suite 602, Magnolia, Texas 77354. A total of 4,314,800 shares of common stock, representing 73.93% 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.

Heng Fai Ambrose Chan, Frank D. Heuszel, John Thatch, José Escudero, Sassuan Lee, Wah Wai Lowell Lo, Wai Leung William Wu and Tung Moe Chan were each elected as directors of the Company to serve until the next annual meeting of stockholders.

The stockholders ratified the appointment of Freed Maxick CPAs, P.C. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2020.

The affirmative vote of a majority of the votes cast at the Annual Meeting voted in favor of the non-binding advisory proposal of the compensation disclosed in the Proxy Statement of the Company’s executive officers who are named in the Proxy Statement’s Summary Compensation Table.

The Company did not obtain the requisite affirmative vote of a majority of the outstanding shares of the Company’s stock entitled to vote to approve proposals 4 and 5, respectively, as set forth below.

The final voting results on these matters were as follows:

1.Election of Directors:

2.Ratification of appointment of Freed Maxick CPAs, P.C. as the Company’s independent registered public accounting firm forthe fiscal year ending December 31, 2020:

3.Non-Binding Advisory Vote of Executive Compensation set forth in the Company’s Proxy Statement Summary Compensation Table:

4.Approval of the potential issuance of shares of the Company’s common stock, representing equal to or greater than 20% ofthe Company’s presently outstanding common stock, issuable upon conversion of our Series A Convertible Preferred Stock:

5.Approval of the Reincorporation of the Company from New York to Texas:

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.