Form 8-K for MAUI LAND & PINEAPPLE CO INC
Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders
On May 13, 2010, Maui Land & Pineapple Company, Inc. (the "Company") held its 2010 annual meeting of shareholders, or the Annual Meeting. Proxies for the Annual Meeting were solicited pursuant to Regulation 14A under the Securities Exchange Act of 1934. The number of shares of the Company’s common stock, or the Common Stock that were outstanding as of March 12, 2010, which was the record date for the Annual Meeting, was approximately 8,518,033. The final results of the voting at the Annual Meeting are as follows:
Proposal 1: To amend the Company’s Restated Articles of Association to change the number of members of the Board of Directors to not less than five (5) nor more than nine (9), and to declassify the Board of Directors.
Shares voted for: 7,535,426 Shares voted against: 43,656 Shares abstained: 17,685 Broker Non-Votes: 0Proposal 2: Election of Directors to serve for a one-year term or until their successors are elected and qualified if Proposal No. 1 is approved:
Shares Voted Shares Broker For Withheld Non-Votes Stephen M. Case 5,972,951 60,694 1,563,122 Warren H. Haruki 5,971,766 61,879 1,563,122 David A. Heenan 5,575,123 458,522 1,563,122 Kent T. Lucien 5,971,401 62,244 1,563,122 Duncan MacNaughton 5,972,571 66,154 1,563,122 Arthur C. Tokin 5,972,571 61,074 1,563,122 Fred E. Trotter III 5,967,637 66,008 1,563,122Proposal 3: Election of Directors to serve for a three-year term or until their successors are elected and qualified if Proposal No. 1 is not approved:
Shares Voted Shares Broker For Withheld Non-Votes David A. Heenan 5,701,813 331,832 1,563,122 Kent T. Lucien 5,970,251 63,394 1,563,122 Arthur C. Tokin 5,966,446 67,199 1,563,122Proposal 4: To amend the Company’s Restated Articles of Association to authorize an additional 20,000,000 shares of the Common Stock:
Shares voted for: 7,139,064 Shares voted against: 416,117 Shares abstained: 41,586 Broker Non-Votes: 0Proposal 5: Ratification of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for fiscal year 2010:
Shares voted for: 7,543,956 Shares voted against: 47,624 Shares abstained: 5,187 Broker Non-Vote: 0
