other material
confidence high
sentiment neutral
materiality 0.15
LSI Industries shareholders approve all proposals at annual meeting, including 10M share increase and 2021 ESPP
LSI INDUSTRIES INC
- All six director nominees elected with majority support; highest withheld was 979,726 for Robert P. Beech.
- Grant Thornton LLP ratified as auditor for fiscal 2022 (22.2M for, 0.4M against).
- Articles of Incorporation amended to increase authorized common stock by 10 million shares (22.0M for, 0.6M against).
- 2021 Employee Stock Purchase Plan approved: employees may purchase shares at 90% of fair market value, up to 2,000 shares per offering period, 270,000 shares reserved.
- Advisory vote on executive compensation passed (17.9M for, 0.3M against, 4.2M broker non-votes).