8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 12, 2020

StarTek, Inc.

(Exact name of registrant as specified in charter)

Delaware	1-12793	84-1370538
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

Carrara Place

4th Floor Suite 485

6200 South Syracuse Way

Greenwood Village, Colorado 80111

 (Address of Principal Executive Offices) (Zip Code)

(303) 262-4500

 (Registrant’s telephone number, including area code)

(Former name, former address and former fiscal year, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, $0.01 par value	SRT	New York Stock Exchange, Inc.

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.07 Submission of Matters to a Vote of Security Holders.

On May 12, 2020, StarTek, Inc. (the “Company”) held its 2020 Annual Meeting of Stockholders, at which the Company’s stockholders voted on the following proposals:

1. Elect seven directors to the Company’s board of directors (the “Board”) to hold office for a term of one year until the 2021 Annual Meeting of Stockholders and until their successors are elected and qualified or until such director’s earlier death, resignation, disqualification, or removal (the “Director Election Proposal”);

2. Ratify the appointment of BDO India LLP as our independent registered public accounting firm for the year ending December 31, 2020 (the “Accountant Ratification Proposal”);

3. Hold a non-binding advisory vote to approve the compensation of our named executive officers (the “Advisory Compensation Proposal”); and

4. Approve an amendment to our 2008 Equity Incentive Plan (the “2008 Plan”) to increase the number of shares available under the 2008 Plan (the “2008 Plan Proposal”).

The voting results are reported below.

Proposal 1: Director Election Proposal. All directors nominated by the Board were elected to the Board to hold office for a term of one year until the 2021 Annual Meeting of Stockholders and until their successors are elected and qualified or until such director’s earlier death, resignation, disqualification, or removal.

Name	Number of Shares Voted For	Number of Shares Voted Against	Abstain	Broker Non-Votes
Aparup Sengupta	28,783,074	1,645,779	4,309	5,813,591
Sanjay Chakrabarty	28,271,516	2,157,207	4,439	5,813,591
Mukesh Sharda	28,319,150	2,109,537	4,475	5,813,591
Bharat Rao	28,361,494	2,067,193	4,475	5,813,591
Albert Aboody	30,266,415	162,242	4,505	5,813,591
Julie Schoenfeld	30,337,696	91,410	4,056	5,813,591
Jerry Schafer	30,336,484	92,339	4,339	5,813,591

Proposals 2, 3, and 4: The Accountant Ratification Proposal, the Advisory Compensation Proposal, and the 2008 Plan Proposal were each approved by the Company’s stockholders.

	Number of Shares Voted For	Number of Shares Voted Against	Abstain	Broker Non-Votes
Proposal 2 – Accountant Ratification Proposal	36,231,431	8,425	6,897	0
Proposal 3 – Advisory Compensation Proposal	30,205,367	212,726	15,069	5,813,591
Proposal 4 – 2008 Plan Proposal	30,224,016	203,628	5,518	5,813,591

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	STARTEK, INC.
Date: May 20, 2020	By:	/s/ Ramesh Kamath
		Ramesh Kamath
		Chief Financial Officer

XML

Document And Entity Information	May 12, 2020
Document Information [Line Items]
Entity, Registrant Name	StarTek, Inc.
Document, Type	8-K
Document, Period End Date	May 12, 2020
Entity, Incorporation, State or Country Code	DE
Entity, File Number	1-12793
Entity, Tax Identification Number	84-1370538
Entity, Address, Address Line One	4th Floor Suite 485
Entity, Address, Address Line Two	6200 South Syracuse Way
Entity, Address, City or Town	Greenwood Village
Entity, Address, State or Province	CO
Entity, Address, Postal Zip Code	80111
City Area Code	303
Local Phone Number	262-4500
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common Stock
Trading Symbol	SRT
Security Exchange Name	NYSE
Entity, Emerging Growth Company	false
Amendment Flag	false
Entity, Central Index Key	0001031029