8-K/A
filed August 9, 2023, 7:59 PM ET
ticker CWGL
CIK 0001562151
other material
confidence high
sentiment positive
materiality 0.70
Crimson Wine Group corrects vote tabulation; charter amendment to restrict share transfers approved
Crimson Wine Group, Ltd
- Charter Amendment approved (10.67M for, 4.57M against) to restrict transfers of common stock to preserve NOL tax benefits.
- Transfer restrictions void any transfer that would increase ownership above 4.99% or add to a 5% holder's stake.
- Corrected inspector error: 1,422,187 votes revoked and revoted against Proposal 4 were not initially tabulated.
- Director votes corrected for Annette D. Alvarez-Peters: 15,174,429 for, 764,456 withheld.
- All seven director nominees and ratification of BPM LLP as auditor were approved.
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 Ratification of BPM LLP as independent registered public accounting firm of the Company for the year ending December 31, 2023.
- Proposal
- auditor ratification
- Outcome
- passed
Exact text from the filing
The ratification of BPM LLP was approved, and the voting results are set forth below: Votes For: 18,761,901 Votes Against: 7,280 Votes Abstained: 832,594
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Crimson Wine Group, Ltd shareholders approved Approval of the Charter Amendment.
- Proposal
- charter amendment
- Outcome
- passed
Exact text from the filing
The Charter Amendment was approved, and the voting results are set forth below: Votes For: 10,669,959 Votes Against: 4,570,681 Votes Abstained: 698,226 Broker Non-Votes: 3,662,909
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Crimson Wine Group, Ltd shareholders approved Election of Directors.
- Proposal
- director election
- Outcome
- passed
Exact text from the filing
Each of the seven nominees for director was elected, and the voting results are set forth below: Nominee Votes For Number of Shares Withheld Broker Non-Votes John D. Cumming 14,995,863 943,022 3,662,890 Annette D. Alvarez-Peters 15,174,429 764,456 3,662,890 Douglas M. Carlson 14,036,126 1,902,759 3,662,890 Avraham M. Neikrug 14,181,004 1,757,881 3,662,890 Colby A. Rollins 14,020,470 1,918,415 3,662,890 Joseph S. Steinberg 14,998,263 940,622 3,662,890 Luanne D. Tierney 14,182,015 1,756,870 3,662,890
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Crimson Wine Group, Ltd shareholders approved Approval of the compensation of the Company’s named executive officers (say-on-pay).
- Proposal
- say on pay
- Outcome
- passed
Exact text from the filing
The advisory resolution on say-on-pay was approved, and the voting results are set forth below: Votes For: 14,840,432 Votes Against: 1,079,508 Votes Abstained: 18,945 Broker Non-Votes: 3,662,890
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.