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 the earliest event reported): September 16, 2014
Value Line, Inc.
(Exact name of registrant as specified in its charter)
|
New York of Incorporation) |
0-11306 (Commission File Number) |
13-3139843 (I.R.S Employer Identification No.) |
485 Lexington Avenue
New York, New York
(Address of Principal Executive Offices)
10017
(Zip Code)
(212) 907-1500
(Registrant’s Telephone Number, Including Area Code)
Not Applicable
(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.):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.07. Submission of Matters to a Vote of Security Holders.
On September 16, 2014, the annual meeting of the shareholders of Value Line was held to consider three proposals. Final votes have been tabulated and reported by American Stock Transfer & Trust Company, LLC, the Company’s transfer agent. Details of the voting are provided below:
Proposal 1:
To elect the following nominees as Directors of the Company.
| Votes For | Withheld | |||
| Howard A. Brecher | 9,178,688 | 239,692 | ||
| Stephen R. Anastasio | 9,178,713 | 239,667 | ||
| Mary Bernstein | 9,178,688 | 239,692 | ||
| William Reed | 9,412,064 | 6,316 | ||
| Alfred Fiore | 9,412,039 | 6,341 | ||
| Stephen Davis | 9,412,064 | 6,316 | ||
| Glenn J. Muenzer | 9,285,720 | 132,660 |
|
Proposal 2:
Advisory vote on executive compensation, commonly referred to as “say-on-pay” |
Votes 9,317,711 |
Votes Against 13,864 |
Abstentions 86,804 |
Broker Non-Vote 0 |
|
Proposal 3:
Advisory vote on frequency of future stockholder advisory votes on executive compensation “say when-on-pay” |
Every 1 571,168 |
Every 2 3,191 |
Every 3 Years 8,758,036 |
Abstentions 85,094 |
Broker Non-Vote 891 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized.
| VALUE LINE, INC. | ||
| Dated: September 16, 2014 | By: | /s/ Howard A. Brecher |
| Howard A. Brecher Chairman & Chief Executive Officer |