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): August 2, 2017

 

 

 

AMERICA’S CAR-MART, INC.

(Exact name of registrant as specified in its charter)

 

 

Texas 0-14939 63-0851141
(State or other jurisdiction of incorporation) (Commission file number) (I.R.S. Employer Identification No.)

 

 

 

802 SE Plaza Avenue, Suite 200, Bentonville, Arkansas 72712

(Address of principal executive offices, including zip code)

 

 

(479) 464-9944

(Registrant’s telephone number, including area code)

 

 

 

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 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). 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 5.07Submission of Matters to a Vote of Security Holders

 

The 2017 annual meeting of stockholders of America’s Car-Mart, Inc. (the “Company”) was held on August 2, 2017. The record date for such meeting was June 9, 2017 on which date there were a total of 7,566,469 shares of common stock outstanding and entitled to vote. The following matters were voted upon by the Company’s stockholders at the annual meeting. The numbers of votes cast for, against or withheld as well as the number of abstentions and broker non-votes, for each of these matters are set forth below.

 

1.  To elect directors for a term of one year:

 

    Votes For   Votes
Against		   Votes
Abstained		   Broker
Non-Votes
               Ray C. Dillon   6,327,351   66,983   1,753   959,001
               Daniel J. Englander   6,183,302   211,057   1,728   959,001
               William H. Henderson   6,912,169   102,290   1,628   339,001
               Eddie L. Hight   5,919,267   475,167   1,653   959,001
               Robert Cameron Smith   5,605,481   703,829   1,728   1,044,050
               Jim von Gremp   6,296,147   92,809   1,728   964,404
               Jeffrey A. Williams   6,016,649   377,817   1,628   958,994

 

2.  To approve an advisory resolution regarding the Company's compensation of its named executive officers.

 

               Votes For   6,104,675            
               Votes Against   338,600            
               Votes Abstained   2,722            
               Broker Non-Votes   909,091            

 

3.  To approve an advisory resolution to determine the frequency with which the stockholders will consider and approve an advisory vote on the Company's compensation of its named executive officers.        

 

               Every Year   5,904,732            
               Two Years   3,202            
               Three Years   493,867            
               Votes Abstained   0            
               Broker Non-Votes   953,287            

 

4.  To ratify the selection of Grant Thornton LLP as the independent registered public accounting firm for the fiscal year ending April 30, 2018.                

 

               Votes For   7,353,278            
               Votes Against   1,810            
               Votes Abstained   0            
               Broker Non-Votes   0            

 

No additional business or other matters came before the meeting or any adjournment thereof.

 

After consideration of the stockholder vote regarding the frequency of stockholder advisory votes on executive officer compensation, our Board of Directors has determined that the Company shall hold future stockholder advisory votes on named executive officer compensation every year until the next vote on frequency, which will be no later than the Company’s annual meeting of stockholders in 2023.

 

 

 

 

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.

 

 

    America’s Car-Mart, Inc.
     
Date:  August 3, 2017   /s/ Jeffrey A. Williams
    Jeffrey A. Williams
    Chief Financial Officer, President and Secretary
    (Principal Financial Officer)