UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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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:
Securities registered pursuant to Section 12(b) of the Act:
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Trading |
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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. ☐
Item 5.07 Submission of Matters to a Vote of Security Holders.
On February 29, 2024, Liquidity Services, Inc. (the “Company”) held its 2024 Annual Meeting of Stockholders (the “Annual Meeting”), pursuant to notice duly given. Four proposals were submitted to the stockholders of the Company (the “Stockholders”) at the Annual Meeting. The Stockholders voted in accordance with the recommendation of the Board of Directors on each of the four proposals. The final voting results are as follows:
Proposal 1: Election of Directors.
Director Nominees |
Votes For |
Votes Withheld |
Broker Non-Votes |
Katharin S. Dyer |
23,309,467 |
2,126,209 |
2,852,101 |
Amath Fall |
24,832,141 |
603,535 |
2,852,101 |
Beatriz V. Infante |
24,766,717 |
668,959 |
2,852,101 |
Summary of Results: Each Director Nominee was duly elected to serve until the Annual Meeting of Stockholders in 2027 or until his, her or their successor has been duly elected and qualified, or until the earlier of his, her or their death, resignation or retirement.
Proposal 2: Ratification of Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm for Fiscal 2024.
Votes For |
28,247,432 |
Votes Against |
27,185 |
Abstentions |
13,160 |
Result of Vote: The Stockholders ratified the selection of Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm for Fiscal 2024.
Proposal 3: Approval of an Advisory Resolution on Named Executive Officer Compensation.
Votes For |
25,029,535 |
Votes Against |
400,228 |
Abstentions |
5,913 |
Broker Non-Votes |
2,852,101 |
Result of Vote: The Stockholders approved the advisory resolution on named executive officer compensation.
Proposal 4: Approval of an Amendment to the Company’s Third Amended and Restated 2006 Omnibus Long-Term Incentive Plan.
Votes For |
16,036,719 |
Votes Against |
9,388,654 |
Abstentions |
10,303 |
Broker Non-Votes |
2,852,101 |
Result of Vote: The Stockholders approved the amendment to the Company’s Third Amended and Restated 2006 Omnibus Long-Term Incentive Plan.
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.
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LIQUIDITY SERVICES, INC. |
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(Registrant) |
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Date: February 29, 2024 |
By: |
/s/ Mark A. Shaffer |
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Name: |
Mark A. Shaffer |
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Title: |
Chief Legal Officer and |
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