Gyrodyne shareholders approve all four proposals at 2023 annual meeting

Gyrodyne, LLC

Jan H. Loeb and Nader G.M. Salour elected as directors for three-year terms with 705,265 and 732,037 FOR votes, respectively.
Restricted Stock Award Plan ratified with 856,420 FOR votes, 128,576 AGAINST.
Non-binding advisory vote on executive compensation passed with 854,360 FOR, 128,867 AGAINST.
Baker Tilly US, LLP ratified as independent auditor for FY2023 with 1,133,470 FOR, 123,662 AGAINST.
84.86% of eligible shares were present at the meeting.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

Gyrodyne, LLC shareholders approved Ratification and approval of the Gyrodyne, LLC Restricted Stock Award Plan at the 2023-10-12 meeting.

Proposal: equity plan
Outcome: passed
Meeting: 2023-10-12

Exact text from the filing

Proposal No. 1 : Ratification and approval of the Gyrodyne, LLC Restricted Stock Award Plan (the “Stock Plan”). FOR AGAINST ABSTAIN BROKER NON-VOTE 856,420 128,576 318 272,948

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Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

Gyrodyne, LLC shareholders approved Election of two directors to serve for a term of three years at the 2023-10-12 meeting.

Proposal: director election
Outcome: passed
Meeting: 2023-10-12

Exact text from the filing

Proposal No. 2 : Election of two (2) directors to serve for a term of three years, and until their respective successors shall have been duly elected and qualified. The votes were cast as follows: DIRECTOR FOR WITHHOLD BROKER NON-VOTE Jan H. Loeb 705,265 280,049 272,948 Nader G.M. Salour 732,037 255,262 272,948

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Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

Gyrodyne, LLC shareholders approved Approval, on a non-binding advisory basis, of the compensation of the Company's named executive officers at the 2023-10-12 meeting.

Proposal: say on pay
Outcome: passed
Meeting: 2023-10-12

Exact text from the filing

Proposal No. 3 : Approval, on a non-binding advisory basis, of the compensation of the Company’s named executive officers, as disclosed in the definitive proxy statement. The votes were cast as follows: FOR AGAINST ABSTAIN BROKER NON-VOTE 854,360 128,867 2087 272,948

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Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

Gyrodyne, LLC shareholders approved Ratification of the engagement of Baker Tilly US, LLP as independent public accounting firm for the 2023 fiscal year at the 2023-10-12 meeting.

Proposal: auditor ratification
Outcome: passed
Meeting: 2023-10-12

Exact text from the filing

Proposal No. 4: Ratification of the engagement of Baker Tilly US, LLP as independent public accounting firm for the 2023 fiscal year. The votes were cast as follows: FOR AGAINST ABSTAIN 1,133,470 123,662 1,130

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Gyrodyne, LLC filing history →

Source: SEC EDGAR

accession 0001437749-23-028280

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