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APP > SEC Filings for APP > Form 8-K on 29-Jun-2012All Recent SEC Filings

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Form 8-K for AMERICAN APPAREL, INC


29-Jun-2012

Submission of Matters to a Vote of Security Holders


Item 5.07 Submission of Matters to a Vote of Security Holders.

The Company held its 2012 Annual Meeting of Stockholders (the "Annual Meeting") on June 28, 2012. The following proposals were presented to a vote of the stockholders and received the votes indicated:

Proposal 1: Election of Class B Directors

To elect Alberto Chehebar and William Mauer to the Board of Directors, each to serve for a term of three years and until his successor is duly elected and qualified, or such director's earlier death, resignation or removal:

  Director           Votes For    Votes Withheld   Broker Non-Votes

  Alberto Chehebar   70,953,509       85,925          18,235,965

  William Mauer      67,323,748     3,715,686         18,235,965

Proposal 2: Ratification of appointment of independent auditors

To ratify the appointment of Marcum LLP as our independent auditors for the fiscal year ending December 31, 2012:

Votes For Votes Against Abstain

88,979,530 209,229 86,640

Proposal 3: Approval of Lion Warrant Amendments

To approve an amendment to the Existing Lion Warrants to (i) extend the expiration date of the Existing Lion Warrants from February 18, 2018 to February 18, 2022 and (ii) reduce the exercise price thereof, as such price may be adjusted from time to time pursuant to the adjustments specified in each respective Existing Lion Warrant or the Lion Credit Agreement, by $0.25 per share in the event of the Company's failure to achieve certain specified quarterly levels of EBITDA (as such terms are defined in the proxy statement):

   For       Against   Abstain   Broker Non-Votes

70,677,407   250,191   111,836      18,235,965





--------------------------------------------------------------------------------


                                   Signature

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.

AMERICAN APPAREL, INC.

Dated: June 28, 2012 By: /s/ Glenn A. Weinman Name: Glenn A. Weinman Title: Senior Vice President, General Counsel and Secretary

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