CaliberCos Inc.

07/03/2024 | Press release | Distributed by Public on 07/03/2024 15:28

Submission of Matters to a Vote of Security Holders Form 8 K

Item 5.07. Submission of Matters to a Vote of Security Holders.
The Company held its annual meeting of stockholders ("Annual Meeting") on June 28, 2024. For more information about the proposals set forth below, please see the Company's definitive Proxy Statement filed with the SEC on May 16, 2024. As of the record date, May 3, 2024, there were 14,410,688 shares of Class A Common Stock and 7,416,414 shares of Class B Common Stock outstanding and entitled to be voted at the Annual Meeting, of which 15,072,932 shares of common stock were present in person or by proxy at the meeting. Each share of Class A Common Stock is entitled to one (1) vote per share. Each share of Class B Common Stock is entitled to ten (10) votes per share. The final voting results on each of the matters submitted to a vote of stockholders were as follows:
Proposal No. 1:     To elect a board of directors to serve for the ensuing year. There were six nominees for the Company's board of directors. The affirmative vote of a majority of the shares present in person or represented by proxy and entitled to vote was necessary for the election of a nominee for director. Broker non-votes did not count as votes cast and had no effect on the result of the vote. Each of the six nominees listed below has been elected to serve on the board of directors until the Company's 2025 annual meeting of stockholders or until their respective successors are elected and qualify. The voting results were as follows:
FOR
WITHHOLD
John C. "Chris" Loeffler, II
78,525,215 68,516
Jennifer Schrader
78,535,970 57,761
William J. Gerber 78,438,826 154,905
Michael Trzupek 78,506,174 87,557
Daniel P. Hansen 78,506,204 87,527
Lawrence Taylor 78,535,968 57,763
Proposal No. 2:     To approve the CaliberCos Inc. 2024 Equity Incentive Plan (the "Plan"). The affirmative vote of a majority of the shares present in person or represented by proxy and entitled to vote was required to approve the Plan. Abstentions were counted as votes cast and had the same effect as a vote against the proposal. Abstentions were considered present for the purpose of determining the presence of a quorum. The voting results were as follows:
FOR
AGAINST
ABSTAIN
78,186,773 402,965 3,993
Proposal No. 3:     To approve the CaliberCos Inc. 2024 Employee Stock Purchase Plan (the "ESPP"). The affirmative vote of a majority of the shares present in person or represented by proxy and entitled to vote was required to approve the ESPP. Abstentions were counted as votes cast and had the same effect as a vote against the proposal. Abstentions were considered present for the purpose of determining the presence of a quorum. The voting results were as follows:
FOR
AGAINST
ABSTAIN
78,377,406 212,681 3,644
Proposal No. 4:     To ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. Approval of the proposal required the affirmative vote of a majority of shares present in person or represented by proxy at the Annual Meeting and entitled to vote on the matter. Abstentions were not counted as votes cast and had no effect on the result of the vote. As a routine matter, there were no broker non-votes. The proposal was approved by a vote of stockholders as follows:
FOR
AGAINST
ABSTAIN
81,784,847 33,370 2,441