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 26, 2018

 

QUALSTAR CORPORATION

(Exact Name of Registrant as Specified in Charter)

 

California

001-35810

95-3927330

(State or Other Jurisdiction

(Commission

(I.R.S. Employer

of Incorporation)

File Number)

Identification No.)

 

 

130 West Cochran Street, Unit C 

Simi Valley, California     93065

(Address of Principal Executive Offices)     (Zip Code)

 

( 805) 583-7744

(Registrant’s Telephone Number, Including Area Code)

 

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 ( see General Instruction A.2. below):

 

 

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-4c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company     □

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.          □

 

 

 

 

Item 5.07     Submission of Matters to a Vote of Security Holders

 

On June 26, 2018, Qualstar Corporation (the “ Company ”) held its 2018 Annual Meeting of Shareholders (the “Annual Meeting”). At the Annual Meeting, 2,048,118 shares of our common stock were outstanding and entitled to vote, and 1,897,787 shares (or approximately 92.66% of the total voting shares) were represented at the meeting in person or by proxy.

 

Immediately following the Annual Meeting, the Company’s board of directors was comprised of Steven N. Bronson, David J. Wolenski, Leonard A. Hagan and Nicholas A. Yarymovych, all of whom were elected by the requisite vote of shareholders at the Annual Meeting.

 

The following summarizes vote results for those matters submitted to the Company’s shareholders for action at the Annual Meeting:

 

 

1.

Election of four directors by the holders of our common stock.

 

Director

 

Total Shares

Voting on Matter

   

For

   

Withh e ld

   

Broker

Non-Votes

 

Steven N. Bronson

    1,897,787       940,755       119,456       837,576  
                                 

David J. Wolenski

    1,897,787       927,605       132,606       837,576  
                                 

Leonard A. Hagan

    1,897,787       940,755       119,456       837,576  
                                 

Nicholas A. Yarymovych

    1,897,787       940,555       119,656       837,576  

 

 

 

2.

Ratification of the appointment of RBSM, LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2018.

 

Total Shares

Voting on

Matter

   

For

   

Against

   

Abstain

   

Broker

Non-Votes

 
1,897,787       1,889,038       4,960       3,789       -  

 

 

3.

Advisory vote on Executive Compensation (Say on Pay).

 

Total Shares

Voting on

Matter

   

For

   

Against

   

Abstain

   

Broker

Non-Votes

 
1,897,787       764,006       281,826       14,379       837,576  

 

 

 

 

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 hereunto duly authorized.

 

 

QUALSTAR CORPORATION

   
   
Date:     June 28, 2018 By:    /s/ Steven N. Bronson                                      
          Steven N. Bronson, President and CEO

 

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