FLANIGAN'S ENTERPRISES INC - 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report, filed on March 1, 2017, covers the Annual Meeting of Shareholders held on February 24, 2017. The filing details the voting results for the election of directors and the continuation of terms for existing board members.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance and shareholder voting outcomes.
Material Changes
No material financial changes are reported in this document. The primary event is the successful election of three director nominees and the continuation of terms for six other directors.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. It is a procedural report of shareholder voting results.
Investor Verification Points
- Quorum: 1,428,172 shares were represented, constituting a 76.84% quorum of the 1,858,647 outstanding shares entitled to vote.
- Director Elections: All three nominees (August Bucci, Christopher J. Nelms, Patrick J. Flanigan) were elected to serve until the 2020 Annual Meeting.
- Voting Breakdown: Christopher J. Nelms received the highest "For" vote count (1,416,940), while August Bucci and Patrick J. Flanigan received 1,305,748 and 1,311,258 "For" votes respectively.
- Continuing Directors: James G. Flanigan, Jeffrey D. Kastner, Barbara J. Kronk, M.E. Betsy Bennett, Michael B. Flanigan, and Christopher O'Neil continued their terms.