Business Context and Reporting Period
This Form 8-K filing by Chicago Rivet & Machine Co. reports on the Annual Meeting of Stockholders held on May 8, 2012. The filing details the outcomes of shareholder votes regarding the election of directors and the ratification of the independent auditor.
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 events and voting results.
Material Changes and Voting Results
The following matters were submitted to a vote of security holders:
- Election of Directors: All seven nominees were elected to serve for a term ending at the 2013 Annual Meeting. Voting results were as follows:
- Michael J. Bourg: 669,858 For, 6,006 Withheld, 224,677 Broker Non-Votes
- Edward L. Chott: 668,165 For, 6,981 Withheld, 225,395 Broker Non-Votes
- Kent H. Cooney: 669,611 For, 6,147 Withheld, 224,783 Broker Non-Votes
- William T. Divane, Jr.: 669,859 For, 5,906 Withheld, 224,776 Broker Non-Votes
- George P. Lynch: 668,164 For, 6,981 Withheld, 225,396 Broker Non-Votes
- John A. Morrissey: 669,311 For, 6,219 Withheld, 225,011 Broker Non-Votes
- Walter W. Morrissey: 669,509 For, 6,106 Withheld, 224,926 Broker Non-Votes
- Ratification of Auditor: The selection of Grant Thornton LLP as the independent registered public accounting firm for 2012 was ratified.
- Votes For: 865,350
- Votes Withheld: 10,379
- Abstentions: 24,812
- Broker Non-Votes: 0
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Verify the composition of the Board of Directors for the 2012-2013 term based on the election results.
- Confirm the engagement of Grant Thornton LLP as the independent auditor for the 2012 fiscal year.
- Note the significant number of broker non-votes (approximately 224,000 to 225,000 per director) which indicates shares held in street name where brokers did not have discretionary voting authority.