Business Context and Reporting Period
This Form 8-K reports on the 2011 Annual Meeting of Stockholders held by New York Mortgage Trust, Inc. on May 10, 2011, in San Francisco, California. The filing details the outcomes of shareholder votes regarding board elections and auditor ratification.
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
Stockholders approved two primary proposals at the meeting:
- Election of Directors: Five individuals were elected to the Board of Directors to serve until the 2012 Annual Meeting. The voting results were as follows:
| Director Name | Votes For | Votes Withheld |
|---|---|---|
| James J. Fowler | 4,363,812 | 480,471 |
| Alan L. Hainey | 4,704,330 | 139,953 |
| Steven R. Mumma | 4,668,470 | 175,813 |
| Steven G. Norcutt | 4,393,181 | 451,102 |
| Daniel K. Osborne | 4,704,317 | 139,966 |
There were 3,458,941 broker non-votes associated with the director elections.
- Ratification of Auditor: Stockholders ratified the appointment of Grant Thornton LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2011.
| Vote Type | Count |
|---|---|
| Votes For | 8,138,628 |
| Votes Against | 40,243 |
| Abstentions | 124,353 |
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
- Confirm the tenure of the newly elected directors, which extends until the 2012 Annual Meeting.
- Verify the engagement of Grant Thornton LLP for the 2011 fiscal year audit.
- Note the significant number of broker non-votes (3,458,941) regarding the director elections.
- Review the 2011 Annual Report (Form 10-K) for financial performance data, as this 8-K contains no financial metrics.