0000310056-18-000053.txt : 20181121 0000310056-18-000053.hdr.sgml : 20181121 20181121121506 ACCESSION NUMBER: 0000310056-18-000053 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20181120 ITEM INFORMATION: Submission of Matters to a Vote of Security Holders FILED AS OF DATE: 20181121 DATE AS OF CHANGE: 20181121 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VICON INDUSTRIES INC /NY/ CENTRAL INDEX KEY: 0000310056 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669] IRS NUMBER: 112160665 STATE OF INCORPORATION: NY FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07939 FILM NUMBER: 181197632 BUSINESS ADDRESS: STREET 1: 135 FELL COURT CITY: HAUPPAUGE STATE: NY ZIP: 11788 BUSINESS PHONE: 6319522288 MAIL ADDRESS: STREET 1: 135 FELL COURT CITY: HAUPPAUGE STATE: NY ZIP: 11788 8-K 1 a8-kfor2018annualmeetingvo.htm 8-K Document


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): November 20, 2018

VICON INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)

         
New York
1-7939
11-2160665
(State of Incorporation or
(Commission File Number)
(IRS Employer
Organization)
 
Identification No.)

135 Fell Court, Hauppauge, New York
11788
(Address of Principal Executive Offices)
(Zip Code)

(631) 952-2288
(Registrant's telephone number, including area code)

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:
 
[ ]  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))





ITEM 5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

On November 20, 2018, Vicon Industries, Inc. (“the Company”) held its Annual Meeting of Shareholders. The matters voted upon and results of the vote were as follows:


PROPOSAL 1. ELECTION OF TWO DIRECTORS

The holders of common stock of the Company elected Mr. Saagar Govil and Mr. Aron Govil to serve for a three-year term expiring at the 2021 Annual Meeting of Shareholders. The voting results for the nominees to the Board of Directors were as follows:

Nominee
For
Withheld
Broker Non-Votes
Mr. Saagar Govil
9,625,077
1,178,341
3,860,667
Mr. Aron Govil
9,728,640
1,074,778
3,860,667


PROPOSAL 2. APPROVAL, ON AN ADVISORY BASIS, OF EXECUTIVE COMPENSATION

The holders of common stock of the Company approved, on an advisory basis, the compensation of its named executive officers as disclosed in its proxy statement by the following count:

For
Against
Abstain
Broker Non-Votes
9,364,605
1,271,713
167,100
3,860,667


PROPOSAL 3. RATIFICATION OF THE APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS

The holders of common stock of the Company ratified the appointment of Wei, Wei & Co., LLP as the Company's independent registered public accountants for the fiscal year ending September 30, 2018 by the following count:

For
Against
Abstain
Broker Non-Votes
13,513,513
1,150,572


PROPOSAL 4. APPROVAL OF AN AMENDMENT TO THE COMPANY'S CERTIFICATE OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF COMMON STOCK FROM 25,000,000 TO 75,000,000 SHARES

The holders of common stock of the Company approved an amendment to the Company’s Certificate of Incorporation to increase the number of authorized shares of common stock from 25,000,000 to 75,000,000 shares by the following count:

For
Against
Abstain
Broker Non-Votes
11,195,809
3,464,980
3,296







PROPOSAL 5. APPROVAL OF AN AMENDMENT TO THE COMPANY'S CERTIFICATE OF INCORPORATION TO AUTHORIZE 5,000,000 SHARES OF "BLANK CHECK" PREFERRED STOCK

The holders of common stock of the Company approved an amendment to the Company's Certificate of Incorporation to authorize 5,000,000 shares of "blank check" preferred stock by the following count:

For
Against
Abstain
Broker Non-Votes
8,791,451
2,005,991
5,976
3,860,667



PROPOSAL 6. APPROVAL OF AN AMENDMENT TO THE COMPANY'S CERTIFICATE OF INCORPORATION TO PERMIT ACTION BY WRITTEN CONSENT OF THE SHAREHOLDERS OF THE COMPANY

The holders of common stock of the Company approved an amendment to the Company's Certificate of Incorporation to permit written consent by the requisite number of shareholders of the Company for any permitted action in lieu of holding a meeting of shareholders by the following count:

For
Against
Abstain
Broker Non-Votes
8,907,981
1,885,528
9,909
3,860,667


PROPOSAL 7. APPROVAL OF AN AMENDMENT TO THE COMPANY'S CERTIFICATE OF INCORPORATION TO PROVIDE THAT THE VOTE REQUIRED TO APPROVE A PLAN OF MERGER OR ASSET TRANSFER UNDER SECTIONS 903 AND 909 OF THE NEW YORK BUSINESS CORPORATION LAW SHALL BE A MAJORITY OF THE SHARES ENTITLED TO VOTE THEREON (THIS PROPOSAL REQUIRED THE AFFIRMATIVE VOTE OF THE HOLDERS OF TWO-THIRDS (2/3) OF THE 17,552,623 SHARES OF COMMON STOCK ISSUED AND OUTSTANDING AND ENTITLED TO VOTE)

The holders of common stock of the Company did not approve an amendment to the Company's Certificate of Incorporation to provide that the vote required to approve a plan of merger or asset transfer under Sections 903 and 909 of the New York Business Corporation Law, as applicable, shall be a majority of the shares entitled to vote thereon by the following count:

For
Against
Abstain
Broker Non-Votes
8,984,463
1,805,269
13,686
3,860,667
















SIGNATURE

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.


Dated: November 21, 2018

                                          
                                    
VICON INDUSTRIES, INC.
By: /s/ John M. Badke
John M. Badke
Chief Operating Officer and
Chief Financial Officer