Form 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

June 23, 2015

(Date of Report; Date of Earliest Event Reported)

 

 

STEIN MART, INC.

(Exact Name of Registrant as Specified in its Charter)

 

 

 

Florida   0-20052   64-0466198

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

1200 Riverplace Blvd., Jacksonville, Florida 32207

(Address of Principal Executive Offices Including Zip Code)

(904) 346-1500

(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 (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))

 

 

 


ITEM 5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

The Annual Meeting of Shareholders of the Company was held on June 23, 2015. The Company’s shareholders considered and voted upon the following four proposals:

 

(1) To elect the nine (9) director nominees to serve as directors of the Company for the ensuing year and until their successors have been elected and qualified. Voting results were:

 

Name of Director

   For      Withheld      Broker
Non-Votes
 

Jay Stein

     38,833,745         497,107         3,803,698   

John H. Williams, Jr.

     39,063,857         266,995         3,803,698   

Irwin Cohen

     39,024,333         306,519         3,803,698   

Susan Falk

     39,200,948         129,904         3,803,698   

Linda M. Farthing

     39,065,416         265,436         3,803,698   

Mitch W. Legler

     33,407,601         5,923,251         3,803,698   

Richard L. Sisisky

     38,955,006         375,846         3,803,698   

Burton M. Tansky

     39,080,094         250,758         3,803,698   

J. Wayne Weaver

     39,196,020         134,832         3,803,698   

 

(2) To approve an advisory resolution on executive compensation for fiscal year 2014. Voting results were:

 

For

     39,110,723   

Against

     186,991   

Abstain

     33,138   

Broker Non-Votes

     3,803,698   

 

(3) To approve an increase in the number of shares of the Company’s common stock available under, and to extend the term of, the Stein Mart, Inc. Employee Stock Purchase Plan. Voting results were:

 

For

     39,236,411   

Against

     72,508   

Abstain

     21,933   

Broker Non-Votes

     3,803,698   

 

(4) To ratify the appointment of KPMG LLP as the Company’s independent registered certified public accounting firm for the fiscal year ending January 30, 2016. Voting results were:

 

For

     42,969,807   

Against

     24,912   

Abstain

     139,831   

Broker Non-Votes

     0   

The press release announcing the results of the Annual Meeting of Shareholders is attached as Exhibit 99.1 to this report.


ITEM 8.01 OTHER EVENTS

On June 23, 2015, Stein Mart Inc. issued a press release announcing that its Board of Directors declared a quarterly dividend of $0.075 per common share, payable on July 17, 2015 to shareholders of record as of the close of business on July 3, 2015. The press release is attached as Exhibit 99.2 to this report.

 

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits

 

99.1 Press Release dated June 24, 2015
99.2 Press Release dated June 23, 2015


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.

 

STEIN MART, INC.
(Registrant)
Date: June 24, 2015 By:

/s/ Gregory W. Kleffner

Gregory W. Kleffner
Executive Vice President and Chief Financial Officer


EXHIBIT INDEX

 

99.1 Press Release dated June 24, 2015
99.2 Press Release dated June 23, 2015