8-K
filed May 30, 2023, 7:59 PM ET
ticker MGPI
CIK 0000835011
other
confidence high
sentiment neutral
materiality 0.10
MGP Ingredients reports annual meeting results; all director nominees elected
MGP INGREDIENTS INC
- Nine directors elected to two classes: four Group A (Common Stock) and five Group B (Preferred Stock).
- KPMG LLP ratified as independent auditor with 17.9M common shares for, 200K against.
- Advisory say-on-pay resolution approved with 16.2M common shares for, 710K against.
- Stockholders favored a 1-year frequency for future say-on-pay votes; board adopted annually.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
MGP INGREDIENTS INC shareholders approved Election of nine directors at the 2023-05-25 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-05-25
Exact text from the filing
1. Elected nine directors. (i) The individuals listed below were elected by holders of the Company’s Common Stock to serve as Group A directors. Director For Against Abstain Broker Non-Votes Thomas A. Gerke 16,736,079 140,709 4,685 1,260,007 Donn Lux 16,844,095 33,597 3,781 1,260,007 Kevin S. Rauckman 16,734,489 143,270 3,714 1,260,007 Todd B. Siwak 16,776,666 100,175 4,632 1,260,007 (ii) The individuals listed below were elected by holders of the Company’s Preferred Stock to serve as Group B directors. Director For Withheld Broker Non-Votes Neha J. Clark 297 0 0 David J. Colo 297 0 0 Preet H. Michelson 297 0 0 Lori L.S. Mingus 297 0 0 Karen L. Seaberg 297 0 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
MGP INGREDIENTS INC shareholders approved Advisory resolution to approve compensation of named executive officers at the 2023-05-25 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-05-25
Exact text from the filing
3. The Company’s stockholders adopted an advisory resolution to approve the compensation of the Company’s named executive officers. Class For Against Abstain Broker Non-Votes Common Stock 16,161,655 710,275 9,543 1,260,007 Preferred Stock 297 0 0 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
MGP INGREDIENTS INC shareholders approved Advisory vote on frequency of future advisory votes on executive compensation at the 2023-05-25 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-05-25
Exact text from the filing
4. The Company’s stockholders voted, on an advisory basis, on the frequency of future advisory votes on the compensation of the Company’s named executive officers. A majority of stockholders voted for “1 Year.” Class 1 Year 2 Years 3 Years Abstain Broker Non-Votes Common Stock 15,041,443 21,746 237,893 1,580,391 1,267,007 Preferred Stock 297 0 0 0 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
MGP INGREDIENTS INC shareholders approved Ratification of appointment of KPMG LLP as independent registered public accounting firm at the 2023-05-25 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-05-25
Exact text from the filing
2. The Company’s stockholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm. Class For Against Abstain Broker Non-Votes Common Stock 17,936,305 200,232 4,943 0 Preferred Stock 297 0 0 0
View on SEC.gov
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