UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.07 Submission of Matters to a Vote of Security Holders.
On May 26, 2022, Taitron Components Incorporated (the “Company”) held its 2022 Annual Meeting of Shareholders (the “Annual Meeting”), at which 5,876,180 shares of the Company’s common stock (consisting of 5,113,568 shares of Class A Common Stock and 762,612 shares of Class B Common Stock) were outstanding and entitled to vote. Holders of 987,827 shares of Class A Common Stock and holders of 762,612 shares of Class B Common Stock were present in person or by proxy, representing approximately 68% of the voting power of the shares of the Company’s common stock as of the close of business on April 22, 2022, the record date for the Annual Meeting (the “Record Date”), and constituting a quorum for the transaction of business. Holders of the shares of Class A Common Stock were entitled to one (1) vote per share and holders of the shares of Class B Common Stock were entitled to ten (10) votes per share. Holders of the shares of Class A Common Stock and holders of the shares of Class B Common Stock voted together as a single class on all matters submitted to a vote of shareholders at the Annual Meeting.
The proposal listed below is described in more detail in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on April 29, 2022. A summary of the voting results at the Annual Meeting is set forth below:
1. Directors election. The individuals listed below were elected at the Annual Meeting to serve as directors of the Company until the next annual meeting of shareholders or until their respective successors have been duly elected and qualified:
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Name of Director Nominee |
Total Shares Voting on Matter |
For |
Withheld |
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Tzu Sheng (Johnson) Ku |
8,613,947 | 7,898,332 | 715,615 | |||||||||
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Stewart Wang |
8,613,947 | 7,898,393 | 715,554 | |||||||||
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Richard Chiang |
8,613,947 | 8,432,941 | 181,006 | |||||||||
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Chi-Lin (Teresa) Chung |
8,613,947 | 8,457,174 | 156,773 | |||||||||
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Dubravka (Maria) Pineda |
8,613,947 | 8,457,255 | 156,692 | |||||||||
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.
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TAITRON COMPONENTS INCORPORATED |
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Dated: May 31, 2022 |
By: |
/s/ David Vanderhorst |
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Name: David Vanderhorst |
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Title: Chief Financial Officer |
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