Electromed, Inc 8-K, filed Nov 18, 2020
Electromed, Inc. (ELMD)
About this 8-K
Electromed, Inc filed this 8-K on November 18, 2020, reporting on events of November 13, 2020.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 5.07: Shareholder vote results
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On November 13, 2020, following her election to the Board of Directors (the "Board") of Electromed, Inc. (the "Company" or "us") at the Company's Fiscal 2021 Annual Meeting of Shareholders (the "2021 Annual Meeting"), as further described under Item 5.07 below, Andrea M. Walsh was appointed to serve on the Nominating and Governance Committee of the Board.
| Item 5.07 | Submission of Matters to a Vote of Security Holders. |
The 2021 Annual Meeting was held on November 13, 2020. Of the 8,601,234 shares of our common stock eligible to vote at the meeting, 7,144,656 shares were present at the meeting by proxy or in person. Our shareholders voted on the following matters:
| 1. | The following individuals designated by our Board as nominees for director were elected for a one-year term or until a successor has been elected and qualified, thereby setting the number of directors at seven, with voting as follows: |
| Name | For | Withheld | Broker Non-Votes |
| Stephen H. Craney | 4,673,298 | 458,079 | 2,013,279 |
| Stan K. Erickson | 4,700,408 | 430,969 | 2,013,279 |
| Gregory J. Fluet | 4,116,458 |
1,014,919 | 2,013,279 |
| Lee A. Jones | 4,350,957 | 780,420 | 2,013,279 |
| Kathleen S. Skarvan | 4,951,434 | 179,943 | 2,013,279 |
| Andrea M. Walsh | 4,954,915 | 176,462 | 2,013,279 |
| George H. Winn | 4,664,675 | 466,702 | 2,013,279 |
| 2. | Our shareholders ratified the appointment of RSM US LLP as our independent registered public accounting firm for the fiscal year ending June 30, 2021, with voting as follows: |
| For | Against | Abstain |
| 7,082,859 | 34,292 | 27,505 |
| 3. | Our shareholders approved, on a non-binding and advisory basis, our executive compensation, with voting as follows: |
| For | Against | Abstain | Broker Non-Votes |
| 4,631,798 | 444,931 | 54,648 | 2,013,279 |
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.
| ELECTROMED, INC. | |||
| Date: November 18, 2020 | By: /s/ Michael J. MacCourt | ||
| Name: | Michael J. MacCourt | ||
| Title: | Chief Financial Officer | ||