8-K 1 form8-k.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): November 14, 2019

 

HOPTO INC.

 

(Exact name of registrant as specified in its charter)

 

Delaware   0-21683   13-3899021

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

6 Loudon Road, Suite 200, Concord, NH 03301

 

(Address, including zip code, of principal executive offices)

 

Registrant’s telephone number, including area code (800) 472-7466

 

 

 

(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 (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-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

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.

 

The Company held its 2019 Annual Meeting of Stockholders (the “Annual Meeting”) on November 14, 2019. The following items of business were considered at the Annual Meeting:

 

(1) the election of four directors;

 

(2) ratification of the selection of dbbMcKennon as our independent registered public accounting firm for the fiscal year ending December 31, 2019;

 

(3) to hold an advisory (non-binding) vote on the frequency of future advisory votes on the compensation of the Company’s named executive officers;

 

(4) approval, in a non-binding, advisory vote, of the compensation of our named executive officers, commonly known as “say-on-pay”;

 

(5) the transaction of such other business as may properly have come before the Annual Meeting or any adjournment thereof.

 

The number of shares of common stock entitled to vote at the Annual Meeting was 9,834,866 shares. The number of shares of common stock present or represented by valid proxy at the annual meeting was 7,498,163 shares. The number of votes cast for and against, and the number of abstentions and broker non-votes with respect to the matters voted upon at the Annual Meeting are set forth below:

 

 
 

 

Proposal 1: Election of Directors.

 

The stockholders elected four directors to serve until the annual meeting of stockholders in 2020 as follows:

 

Director  Votes For  Votes Against  Abstain  Broker Non-Votes
Jonathon R. Skeels  5,594,262  16,065  1,451  1,886,385
Richard S. Chernicoff  5,595,539  14,788  1,451  1,886,385
Thomas R. Stewart  5,595,491  14,836  1,451  1,886,385
Jean-Louis Casabonne  4,808,013  24,782  778,983  1,886,385

 

Proposal 2: Ratification of Auditors.

 

The stockholders ratified the appointment of dbbMcKennon as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2019 as follows:

 

Votes For  Votes Against  Abstain  Broker Non-Votes
7,441,316  29,096  27,751  -

 

Proposal 3: Frequency of Future Advisory Votes on Executive Compensation.

 

1 Year  2 Years  3 Years  Abstain
2,084,453  224,916  543,899  2,958,197

 

Proposal 4: Advisory Vote on Executive Compensation.

 

In a non-binding, advisory vote, the stockholders approved the compensation of our executive officers as follows:

 

Votes For  Votes Against  Abstain  Broker Non-Votes
5,464,142  63,737  83,899  1,886,385

 

Following the annual meeting, in accordance with the advisory vote of the Company’s stockholders, the Company’s Board of Directors voted that the stockholder advisory vote on executive compensation should be held every year.

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

  hopTo Inc.
     
Dated: November 15, 2019 By: /s/ Jonathon R. Skeels
    Jonathon R. Skeels
    Chief Executive Officer, Interim Chief Financial Officer, Secretary