Crimson Wine Group amends charter to restrict share transfers over 5% to protect NOL tax benefits

Crimson Wine Group, Ltd

Charter amendment restricts transfers that would increase ownership beyond 5% or increase existing 5% holders; violative transfers void.
Approved at annual meeting with 12.09M shares for, 3.15M against, 3.66M broker non-votes.
All seven director nominees elected, including John D. Cumming, Annette Alvarez-Peters, Douglas M. Carlson, and others.
Ratification of BPM LLP as independent auditor approved: 18.76M for, 7,280 against, 832,594 abstain.
Advisory say-on-pay resolution approved: 14.84M for, 1.08M against, 18,945 abstain.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Crimson Wine Group, Ltd shareholders approved Advisory resolution approving the compensation of the Company's named executive officers (say-on-pay) at the 2023-07-28 meeting.

Proposal: say on pay
Outcome: passed
Meeting: 2023-07-28

Exact text from the filing

3. Approval of the advisory resolution approving the compensation of the Company’s named executive officers (“say-on-pay”)

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Crimson Wine Group, Ltd shareholders approved Election of Directors at the 2023-07-28 meeting.

Proposal: director election
Outcome: passed
Meeting: 2023-07-28

Exact text from the filing

1. Election of Directors Each of the seven nominees for director was elected

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Crimson Wine Group, Ltd shareholders approved Ratification of BPM LLP as independent registered public accounting firm of the Company for the year ending December 31, 2023 at the 2023-07-28 meeting.

Proposal: auditor ratification
Outcome: passed
Meeting: 2023-07-28

Exact text from the filing

2. Ratification of BPM LLP as independent registered public accounting firm of the Company for the year ending December 31, 2023

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Crimson Wine Group, Ltd shareholders approved Approval of the Charter Amendment at the 2023-07-28 meeting.

Proposal: charter amendment
Outcome: passed
Meeting: 2023-07-28

Exact text from the filing

4. Approval of the Charter Amendment

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347 shareholder votes filed in the last 30 days. Browse all shareholder votes →

Crimson Wine Group, Ltd filing history →

Source: SEC EDGAR

accession 0001562151-23-000047

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