f8k_062912.htm
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
Date of Report (Date of earliest event reported): June 27,2012
Advanced Environmental Recycling Technologies, Inc.
(Exact name of registrant as specified in its charter)
| Delaware |
1-10367 |
71-0675758 |
| (State or other jurisdiction |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
| of incorporation or organization) |
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914 N Jefferson Street
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72764 |
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Springdale, Arkansas
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(Zip Code) |
| (Address of Principal Executive Offices) |
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| Registrant’s telephone number, including area code |
(479) 756-7400 |
Not Applicable
(Former name and former address, if changed since last report.)
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:
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))
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Item 5.07
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Submission of Matters to a Vote of Security Holders.
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On June 27, 2012, Advanced Environmental Recycling Technologies, Inc. (AERT) held its annual meeting of stockholders. The following matters proposed by the board of directors were voted upon at the meeting.
Proposal 1: The stockholders approved the proposal to elect to the board of directors each of the nominees listed below to serve until the next annual meeting of stockholders and until their respective successors shall be elected and qualify. For this proposal, there were 28,283,392 broker non-votes.
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Nominees
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Votes For
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Votes Withheld
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Joe G. Brooks
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323,307,949
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1,913,429
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Timothy D. Morrison
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322,153,737
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3,067,641
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Vernon J. Richardson
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324,718,357
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503,021
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Pursuant to the Series E Designation, which was filed with the Delaware Secretary of State on March 17, 2011 as an amendment to the Company’s Certificate of Incorporation, H.I.G. has the exclusive right as holder of the Series E Preferred stock to vote separately as a single class to elect four of the Corporation’s seven directors. In accordance with that Amendment, H.I.G. has voted to re-elect the following Directors to serve until the next annual meeting of stockholders or until their successors are elected and qualified:
Jackson S. Craig
Todd J. Ofenloch
Michael J. Phillips
Bobby J. Sheth, Secretary
Proposal 2: The stockholders approved the proposal to ratify the appointment of HoganTaylor LLP as independent public accountants of AERT for the year ending December 31, 2012.
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For
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Against
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Abstain
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352,596,695
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578,283
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329,792
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Proposal 3: The stockholders approved the proposal to ratify the Company’s 2012 Stock Incentive Plan (Plan). This Plan is an equity-based incentive compensation plan that will be used to distribute Awards to qualified employees. For this proposal, there were 28,283,392 broker non-votes.
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For
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Against
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Abstain
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322,410,553
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2,414,156
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396,669
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SIGNATURE
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, thereunto duly authorized.
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ADVANCED ENVIRONMENTAL RECYCLING
TECHNOLOGIES, INC.
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By: |
/s/ Joe Brooks
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Joe Brooks
Chairman and Chief Executive Officer
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Date: June 29, 2012