8-K/A
filed August 11, 2023, 7:59 PM ET
ticker CWGL
CIK 0001562151
other material
confidence high
sentiment negative
materiality 0.65
Crimson Wine Group corrects voting error; charter amendment proposal did not pass
Crimson Wine Group, Ltd
- Charter Amendment Proposal to preserve tax benefits failed; only 52.3% of outstanding shares voted for, short of required majority.
- Elections inspector Equiniti Trust corrected tabulation after initially counting based on quorum instead of total outstanding shares.
- All seven director nominees elected; say-on-pay and auditor ratification approved.
- Company filed 8-K/A to amend prior report that incorrectly stated charter amendment had been 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 rejected Approval of the Charter Amendment Proposal at the 2023-07-28 meeting.
- Proposal
- charter amendment
- Outcome
- failed
- Meeting
- 2023-07-28
Exact text from the filing
The Charter Amendment Proposal was not 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 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
Ratification of BPM LLP as independent registered public accounting firm of the Company for the year ending December 31, 2023. 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 Election of seven nominees for director at the 2023-07-28 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-07-28
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 Advisory resolution approving the compensation of the Company's named executive officers at the 2023-07-28 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-07-28
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
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