8-K
filed March 9, 2023, 6:59 PM ET
ticker BSET
CIK 0000010329
other material
confidence high
sentiment neutral
materiality 0.15
Bassett Furniture shareholders elect all directors, ratify auditor, approve exec comp
BASSETT FURNITURE INDUSTRIES INC
- All 8 director nominees elected; vote totals ranged from 5.6M to 6.0M votes for.
- Ratification of Ernst & Young as independent auditor: 7.1M for, 140K against, 16K abstain.
- Advisory vote on executive compensation approved: 5.8M for, 206K against, 51K abstain.
- Broker non-votes: 1.2M on director elections and exec comp proposal; 28 on auditor ratification.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
BASSETT FURNITURE INDUSTRIES INC shareholders approved Approval of Officer Compensation at the 2022-03-08 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2022-03-08
Exact text from the filing
To consider and act on an advisory vote regarding the approval of the compensation paid to certain executive officers. The final tabulation was as follows: Proposal Votes For Votes Against Votes Abstain Broker Non-Vote Approval of Officer Compensation 5,818,300 206,189 51,361 1,207,477
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
BASSETT FURNITURE INDUSTRIES INC shareholders approved Election of Directors at the 2022-03-08 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2022-03-08
Exact text from the filing
all director nominees were elected. The voting tabulation was as follows: Nominee Votes For Votes Withheld Votes Abstain Broker Non-Vote Emma S. Battle 6,031,368 44,487 - 1,207,472 John R. Belk 6,019,947 55,935 - 1,207,472 Kristina Cashman 5,989,185 86,670 - 1,207,472 Virginia W. Hamlet 5,707,108 368,747 - 1,207,472 J. Walter McDowell 6,004,117 71,738 - 1,207,472 Robert H. Spilman, Jr. 6,002,903 72,952 - 1,207,472 William C. Wampler, Jr. 5,608,871 466,984 - 1,207,472 William C. Warden, Jr. 5,637,988 437,867 - 1,207,472
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
BASSETT FURNITURE INDUSTRIES INC shareholders approved Ratification of Ernst & Young LLP as the Company’s Independent Registered Public Accounting Firm at the 2022-03-08 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2022-03-08
Exact text from the filing
Ratification of Ernst & Young LLP as the Company’s Independent Registered Public Accounting Firm. The final tabulation was as follows: Proposal Votes For Votes Against Votes Abstain Broker Non-Vote Ratification of Ernst & Young LLP 7,127,696 139,580 16,023 28
View on SEC.gov
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