Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
GCOM > SEC Filings for GCOM > Form 8-K on 22-Nov-2013All Recent SEC Filings

Show all filings for GLOBECOMM SYSTEMS INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for GLOBECOMM SYSTEMS INC


22-Nov-2013

Submission of Matters to a Vote of Security Holders


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

On November 22, 2013, Globecomm Systems Inc. (the "Company") held a special meeting of stockholders (the "Special Meeting"), at which a quorum was present for all purposes and holders of the Company's common stock voted on proposals to: (1) adopt the Agreement and Plan of Merger, dated as of August 25, 2013, by and among the Company, Wasserstein Cosmos Co-Invest, L.P. ("Wasserstein"), and Cosmos Acquisition Corp., an indirect wholly-owned subsidiary of Wasserstein (the "Merger Agreement" and such merger, the "Merger"); (2) approve the adjournment of the Special Meeting, if necessary, to solicit additional proxies in the event there are not sufficient votes in favor of adoption of the Merger Agreement; and (3) approve, on a non-binding, advisory basis, certain compensation that may or will be paid by the Company to its named executive officers that is based on or otherwise relates to the Merger (such proposals, the "Proposals").

On October 9, 2013, the record date for the Special Meeting, the Company had 23,910,622 shares of common stock outstanding and entitled to vote at the special meeting. The final voting results, as certified by the inspector of election, on the Proposals were as follows:

Proposal No. 1 - Adoption of the Merger Agreement

For Against Abstentions
17,505,610 1,574,158 547,186

Proposal No. 2 - Approval of the adjournment of the Special Meeting, if necessary, to solicit additional proxies in the event there are not sufficient votes in favor of adoption of the Merger Agreement at the time of the Special Meeting

For Against Abstentions 16,961,221 2,516,131 149,602

Proposal No. 3 - Approval, on a non-binding, advisory basis, certain compensation that may or will be paid by the Company to its named executive officers that is based on or otherwise relates to the Merger

For Against Abstentions 17,058,393 2,312,295 256,266

The first and third proposals were approved by the required vote of the Company's stockholders at the Special Meeting. Adjournment of the special meeting to a later time was not necessary or appropriate because there were sufficient votes at the time of the Special Meeting to approve the Merger Agreement proposal.


  Add GCOM to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for GCOM - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.