Altisource Portfolio Solutions S.A. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
$ASPS
Other Consumer Services
Consumer Discretionary
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): May 30, 2024 (May 30, 2024)
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+352 2060 2055
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Item 5.07 Submission of Matters to a Vote of Security Holders.
On May 30, 2024 , Altisource Portfolio Solutions S.A. (the “Company”) held its 2024 annual meeting of shareholders (the “Annual Meeting”). A quorum was present for the meeting. The Company’s shareholders voted on the following eight (8) proposals and cast their votes as follows:
| Proposal 1: | The election of the following Directors to serve on the Company’s Board of Directors until the next annual meeting of shareholders, or until their respective successors have been elected and qualified, was approved by the following vote: | ||||
| Name | For | Against | Abstentions | Broker Non-Votes | ||||||||||
| John G. Aldridge, Jr. | 17,551,055 | 889,157 | 17,912 | 4,164,808 | ||||||||||
| Mary C. Hickok | 17,757,769 | 682,463 | 17,892 | 4,164,808 | ||||||||||
| Joseph L. Morettini | 16,259,178 | 2,182,278 | 16,668 | 4,164,808 | ||||||||||
| Roland Müller-Ineichen | 17,400,435 | 1,039,704 | 17,985 | 4,164,808 | ||||||||||
| William B. Shepro | 17,548,227 | 892,860 | 17,037 | 4,164,808 | ||||||||||
| Proposal 2: | The appointment of RSM US LLP to be our independent registered certified public accounting firm for the year ending December 31, 2024 and until the Company’s 2025 annual meeting of shareholders, and the appointment of Atwell S.à r.l. to be our certified auditor (Réviseur d’Entreprises) for the same period was approved by the following vote: | ||||
| For | Against | Abstentions | Broker Non-Votes | ||||||||
| 22,111,508 | 105,575 | 405,849 | n/a | ||||||||
| Proposal 3: | The Company’s Luxembourg Annual Accounts for the year ended December 31, 2023 and the Company’s consolidated financial statements prepared in accordance with International Financial Reporting Standards (the “Consolidated Accounts” and, together with the Luxembourg Annual Accounts, the “Luxembourg Statutory Accounts”) as of and for the year ended December 31, 2023 were approved by the following vote: | ||||
| For | Against | Abstentions | Broker Non-Votes | ||||||||
| 18,262,657 | 80,697 | 114,770 | 4,164,808 | ||||||||
| Proposal 4: | The receipt and approval of the Directors’ report for the Luxembourg Statutory Accounts for the year ended December 31, 2023 and the receipt of the report of the supervisory auditor (Commissaire aux Comptes) for the Luxembourg Annual Accounts for the same period were approved by the following vote: | ||||
| For | Against | Abstentions | Broker Non-Votes | ||||||||
| 18,254,433 | 80,941 | 122,750 | 4,164,808 | ||||||||
| Proposal 5: | The allocation of the results in the Luxembourg Annual Accounts for the year ended December 31, 2023 was approved by the following vote: | ||||
| For | Against | Abstentions | Broker Non-Votes | ||||||||
| 18,273,923 | 56,321 | 127,880 | 4,164,808 | ||||||||
| Proposal 6: | The discharge of each of the Directors of the Company for the performance of their mandate for the year ended December 31, 2023 and the supervisory auditor (Commissaire aux Comptes) for the performance of her mandate for the same period was approved by the following vote: | ||||
| For | Against | Abstentions | Broker Non-Votes | ||||||||
| 18,241,657 | 188,911 | 27,556 | 4,164,808 | ||||||||
| Proposal 7: | The compensation of the Company’s named executive officers as disclosed in the Company’s proxy statement (“Say-on-Pay”) was approved on a non-binding advisory basis by the following vote: | ||||
| For | Against | Abstentions | Broker Non-Votes | ||||||||
| 16,471,228 | 712,906 | 1,273,990 | 4,164,808 | ||||||||
| Proposal 8: | The amendment of the Company’s 2009 Equity Incentive Plan (the “Plan”) to increase the number of shares of common stock reserved for issuance under the Plan by an additional 3.3 million shares was approved by the following vote: | ||||
| For | Against | Abstentions | Broker Non-Votes | ||||||||
| 14,223,732 | 4,221,707 | 12,685 | 4,164,808 | ||||||||
Each of the foregoing proposals for the Annual Meeting is more fully described in the proxy statement filed by the Company with the Securities and Exchange Commission on April 17, 2024.
SIGNATURE
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 30, 2024
| Altisource Portfolio Solutions S.A. | |||||||||||
| By: | /s/ Michelle D. Esterman | ||||||||||
| Name: | Michelle D. Esterman | ||||||||||
| Title: | Chief Financial Officer | ||||||||||