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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) May 10, 2010 (May 5, 2010)
CUMULUS MEDIA INC.
(Exact name of registrant as specified in its charter)
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Delaware
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000-24525
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36-4159663 |
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(State or other jurisdiction
of incorporation)
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(Commission File Number)
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(IRS employer
Identification No.) |
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3280 Peachtree Road, N.W., Suite 2300, Atlanta GA
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30305 |
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(Address of principal executive offices)
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(Zip Code) |
Registrants telephone number, including area code (404) 949-0700
(Former name or 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:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Section 5 Corporate Governance and Management
Item 5.07 Submission of Matters to a Vote of Security Holders.
The 2010 annual meeting of stockholders of Cumulus Media Inc. (the Company) was held on May 5,
2010. Ralph B. Everett and Eric P. Robison were reelected for a one-year term as directors of the
Company by the holders of the Companys Class A Common Stock and Class C Common Stock, voting
together as a single class.
Pursuant to a voting agreement with the holders of our Class C Common Stock, Robert H. Sheridan III
was designated to serve as a director by one of our principal stockholders, BA Capital Company,
L.P. (BA Capital). The holders of our Class C Common Stock, voting as a single class, are
obligated under the voting agreement to elect Mr. Sheridan to the board and, pursuant to an action
of the sole holder of the Class C Common Stock taken immediately prior to the stockholders
meeting, Mr. Sheridan was reelected for a one-year term as a director of the Company. Pursuant to
the Companys certificate of incorporation, the holders of the Class A Common Stock are not
entitled to vote for the BA Capital director designee.
The results of voting on the proposals submitted for approval at the stockholders meeting were as
follows:
Proposal No. 1 (Election of directors):
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Nominee |
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For |
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Withheld |
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Non Votes |
Ralph B. Everett
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24,557,170
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69,087
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6,438,575 |
Eric P. Robison
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21,080,986
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3,545,271
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6,438,575 |
Proposal No. 2 (Proposal to ratify the appointment of PricewaterhouseCoopers LLP as the Companys
independent registered public accounting firm for 2010):
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For |
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Against |
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Non Votes |
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Abstain |
30,925,971
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133,401
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0
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5,460 |
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.
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CUMULUS MEDIA INC.
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By: |
/s/ Joseph P. Hannan
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Name: |
Joseph P. Hannan |
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Title: |
Senior Vice President, Treasurer
and Chief Financial Officer |
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Date: May 10, 2010