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): December 17, 2021

  

BK Technologies Corporation

(Exact name of registrant as specified in its charter)

 

Nevada

001-32644

83-4064262

(State or other jurisdiction of

(Commission

(IRS Employer

incorporation or organization)

File No.)

Identification Number)

 

7100 Technology Drive, West Melbourne, FL

32904

(Address of principal executive offices)

(Zip Code)

 

(321) 984-1414

(Registrant’s telephone number including area code)

 

N/A

(Former name or former address, 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, par value $.60 per share

 

BKTI

 

NYSE American

 

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.

 

At the Annual Meeting of Stockholders of BK Technologies Corporation (the “Company”) held on December 17, 2021, the Company’s stockholders: (i) elected D. Kyle Cerminara, Michael R. Dill, R. Joseph Jackson, Charles T. Lanktree, E. Gray Payne, John M. Suzuki, and Inez M. Tenenbaum to serve as directors of the Company until the next annual meeting of stockholders and until their respective successors are duly elected and qualified; (ii) ratified the appointment of MSL, P.A. as the Company’s independent registered public accounting firm for fiscal year 2021; (iii) approved an amendment to the Company’s Articles of Incorporation to increase the number of authorized common stock from 20 million to 50 million and to make a corresponding change to the number of authorized shares of capital stock, and (iv) approved an amendment to the Company’s 2017 Incentive Compensation Plan (the “Plan”) to increase the number of authorized shares under the Plan from 1 million shares to 3 million shares.

 

The voting results for each proposal were as follows:

 

Proposal No. 1 – Election of Directors:

 

 

 

For

 

 

Withheld

 

 

Broker Non-Votes

 

D. Kyle Cerminara

 

 

8,985,093

 

 

 

358,750

 

 

 

4,237,337

 

Michael R. Dill

 

 

8,940,772

 

 

 

403,071

 

 

 

4,237,337

 

R. Joseph Jackson

 

 

9,042,564

 

 

 

301,279

 

 

 

4,237,337

 

Charles T. Lanktree

 

 

8,943,706

 

 

 

400,137

 

 

 

4,237,337

 

E. Gray Payne

 

 

8,909,600

 

 

 

434,243

 

 

 

4,237,337

 

John M. Suzuki

 

 

9,198,588

 

 

 

145,255

 

 

 

4,237,337

 

Inez M. Tenenbaum

 

 

9,038,764

 

 

 

305,079

 

 

 

4,237,337

 

 

Proposal No. 2 – Ratification of Appointment of MSL, P.A.:

 

For

 

 

Against

 

 

Abstain

 

 

Broker Non-Votes

 

 

13,432,109

 

 

 

146,191

 

 

 

2,880

 

 

 

0

 

 

Proposal No. 3 – Approval of an Amendment to the Company’s Certificate of Incorporation to Increase the Authorized Number of Shares of Common Stock from 20 Million to 50 Million:

 

For

 

 

Against

 

 

Abstain

 

 

Broker Non-Votes

 

 

11,949,640

 

 

 

1,564,090

 

 

 

67,450

 

 

 

0

 

 

Proposal No. 4 – Approval of an Amendment to the Company’s 2017 Incentive Compensation Plan to Increase the Number of Authorized Shares Under the Plan from 1 Million Shares to 3 Million Shares:

 

For

 

 

Against

 

 

Abstain

 

 

Broker Non-Votes

 

 

8,699,683

 

 

 

230,677

 

 

 

413,482

 

 

 

4,237,338

 

 

 

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SIGNATURES

 

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

 

 

BK TECHNOLOGIES CORPORATION

    

Date: December 20, 2021

By:

/s/ William P. Kelly

 

 

William P. Kelly

 
  

Executive Vice President and

 
  Chief Financial Officer 

 

 

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