UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
| Date of Report (Date of earliest event reported) |
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction | (Commission | (IRS Employer |
| of incorporation) | File Number) | Identification No.) |
| (Address of principal executive offices) | (Zip Code) |
| Registrant's telephone number, including area code | ( |
None
(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):
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
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.
The Annual Meeting of Shareholders of Retractable Technologies, Inc. was held as a virtual meeting on May 10, 2022. Abstentions are considered present for purposes of calculating the vote but are not considered to have been voted in favor of the matters voted upon and broker non-votes are not considered present for purposes of calculating the votes.
The final voting results are as follows:
Proposal 1: The Election of Three Class 2 Directors
All Directors nominated by the Board of Directors were elected. Voting results are shown in the table below.
| Votes For | Votes Withheld | Abstentions and Broker Non-Votes | ||||||||||
| CLASS 2 DIRECTORS | ||||||||||||
| Thomas J. Shaw | 21,881,125 | 375,372 | 0 | |||||||||
| Walter O. Bigby, Jr. | 21,060,688 | 1,195,809 | 0 | |||||||||
| John W. Fort III | 21,690,144 | 566,353 | 0 | |||||||||
Proposal 2: Advisory Vote to Approve Executive Compensation
The shareholders approved, on an advisory non-binding basis, the compensation of Retractable Technologies, Inc.’s named executive officers. Voting results are shown in the table below.
| For | Against | Abstain | Broker Non-Votes | |||||||||||
| 16,522,241 | 5,679,446 | 54,810 | 0 | |||||||||||
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.
| DATE: May 12, 2022 | RETRACTABLE TECHNOLOGIES, INC. | |
| (Registrant) | ||
| BY: | /s/ John W. Fort III | |
| JOHN W. FORT III | ||
| VICE PRESIDENT, CHIEF FINANCIAL OFFICER, AND CHIEF ACCOUNTING OFFICER | ||
Cover |
May 10, 2022 |
|---|---|
| Cover [Abstract] | |
| Document Type | 8-K |
| Amendment Flag | false |
| Document Period End Date | May 10, 2022 |
| Entity File Number | 001-16465 |
| Entity Registrant Name | Retractable Technologies, Inc. |
| Entity Central Index Key | 0000946563 |
| Entity Tax Identification Number | 75-2599762 |
| Entity Incorporation, State or Country Code | TX |
| Entity Address, Address Line One | 511 Lobo Lane |
| Entity Address, City or Town | Little Elm |
| Entity Address, State or Province | TX |
| Entity Address, Postal Zip Code | 75068-5295 |
| City Area Code | 972 |
| Local Phone Number | 294-1010 |
| Written Communications | false |
| Soliciting Material | false |
| Pre-commencement Tender Offer | false |
| Pre-commencement Issuer Tender Offer | false |
| Title of 12(b) Security | Common Stock |
| Trading Symbol | RVP |
| Security Exchange Name | NYSEAMER |
| Entity Emerging Growth Company | false |