0000950159-19-000101.txt : 20190625 0000950159-19-000101.hdr.sgml : 20190625 20190625162036 ACCESSION NUMBER: 0000950159-19-000101 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190625 ITEM INFORMATION: Submission of Matters to a Vote of Security Holders FILED AS OF DATE: 20190625 DATE AS OF CHANGE: 20190625 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ASTEA INTERNATIONAL INC CENTRAL INDEX KEY: 0000945989 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 232119058 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-26330 FILM NUMBER: 19918692 BUSINESS ADDRESS: STREET 1: 240 GIBRALTAR ROAD STREET 2: SUITE 300 CITY: HORSHAM STATE: PA ZIP: 19044 BUSINESS PHONE: 2156822500 MAIL ADDRESS: STREET 1: 240 GIBRALTAR ROAD STREET 2: SUITE 300 CITY: HORSHAM STATE: PA ZIP: 19044 8-K/A 1 astea8ka.htm ASTEA INTERNATIONAL FORM 8-K/A



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
____________________

FORM 8-K/A
____________________

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 21, 2019
____________________


 
ASTEA INTERNATIONAL INC.
(Exact Name of Registrant as Specified in its Charter)

____________________
 
 
Delaware
 
0-26330
 
23-2119058
(State or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
 
 
240 Gibraltar Road, Horsham, Pennsylvania 19044
(Address of principal executive offices, including zip code)
 
(215) 682-2500
(Registrant's telephone number, including area code)
 
Not Applicable

(Former Name or Former Address, if Changed Since Last Report): Not Applicable
 
  
 
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
    
 
Common Stock, $0.01 Par Value Per Share
ATEA
OTCQB
    

____________________

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:
 
☐ 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 (§ 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.  ☐
 




 

Explanatory Note

This Current Report on Form 8-K/A (this “Amendment”) amends the Current Report on Form 8-K filed by Astea International Inc.. (the “Company”) with the U.S. Securities and Exchange Commission on June 24, 2019 (the “Original Form 8-K”). The Original Form 8-K reported the final voting results of the Company’s 2019 annual meeting of stockholders held on June 21, 2019 (the “Annual Meeting”).

The sole purpose of this Amendment is to correct the voting results reported for the ratification of the appointment of EisnerAmper LLP as Astea’s independent registered public accounting firm for the fiscal year ending December 31, 2019.  The voting results for all other business matters addressed at the Annual Meeting were accurately disclosed in the Original Form 8-K and are not changed by this Amendment.

Item 5.07 Submission of Matters to a Vote of Security Holders.
 
At the Annual Meeting of Stockholders, held on June 21, 2019, Astea’s stockholders approved the four proposals listed below, which constituted all of the matters acted upon at the meeting. The final results for the votes regarding each proposal are set forth below. The proposals are described in detail in the Proxy Statement for Astea International Inc. which was filed with the Securities and Exchange Commission on April 30, 2019.

1.  The election of four directors to serve on the Board, each to serve until Astea’s annual meeting of stockholders to be held in 2020 and until his successor is elected and qualified, or until his death, resignation or removal:

Name
Votes For
 
Votes Withheld
 
Broker Non-Votes
Zack Bergreen
1,558,909
  
239,733
  
1,175,359
Keith D. Schneck
1,742,761
  
55,881
  
1,175,359
Suzanne Niemeyer
1,559,189
  
239,453
  
1,175,359
Eric S. Siegel
1,742,521
  
56,121
  
1,175,359

2.  The ratification of the appointment of EisnerAmper LLP as Astea’s independent registered public accounting firm for the fiscal year ending December 31, 2019.

Votes For
 
Votes Against
 
Abstentions
 
Broker Non-Votes
2,840,123
  
59,991
  
73,887
  
0.00
 
3.          The vote to approve on a non-binding advisory basis, the compensation of our Named Executive Officers.

Votes For
 
Votes Against
 
Abstentions
 
Broker Non-Votes
1,552,121
  
241,361
  
5,160
  
1,175,359

4.          The vote to conduct an advisory vote on the frequency of future advisory votes to approve named executive officer compensation.  At least 1,740,581 votes, constituting a plurality of the votes cast by holders of the Common Stock was voted:

Once every year:

Votes For
 
Abstentions
 
Broker Non-Votes
  
211,948
  
58,061
  
1,175,359
  

Once every two years:

Votes For
 
Abstentions
 
Broker Non-Votes
 
4,571
  
58,061
  
1,175,359
  

Once every three years:

Votes For
 
Abstentions
 
Broker Non-Votes
 
1,524,062
  
58,061
  
1,175,359
  








 

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.

 
Astea International Inc.
     
June 25, 2019
By:
/s/ Rick Etskovitz
   
Rick Etskovitz
   
Chief Financial Officer