SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Act of 1934

 

Date of Report (Date of earliest event reported): June 13, 2016

 

 

		FONAR CORPORATION
		(Exact name of registrant as specified in its charter)
DELAWARE		0-10248		11-2464137
(State or other jurisdiction of Incorporation or organization)		(Commission File Number)		(I.R.S. Employer Identification No.)
		110 Marcus Drive  Melville, New York 11747 (631) 694-2929
		(Address, including zip code, and telephone number of registrant's principal executive office)

 

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))

 

 

Item 5.07 Submission of Matters to a Vote of Security Holders

 

The Annual Meeting of Stockholders of Fonar Corporation (the "Company") was held at 10:00 a.m. on June 13, 2016 at the Double Tree Hotel, Wilmington Downtown, 700 King Street, Wilmington, Delaware 19801. At the meeting, the items of business were (1) the election of five directors, (2) on an advisory basis, the approval of the compensation of the Company’s named executive officers, (3) on an advisory basis, the recommendation whether the advisory vote to approve the compensation of the Company’s named executive officers be taken every year, every two years or every three years and (4) the ratification of the selection by the board of directors of Marcum LLP as the Company's auditors for the fiscal year ending June 30, 2016.

 

The stockholders elected Raymond V. Damadian, M.D., Claudette J. V. Chan, Robert J. Janoff, Charles N. O'Data and Ronald G. Lehman, all of whom were sitting directors, as the directors of the Company. The stockholders also approved the compensation of the named executive officers, recommended that the vote to approve the compensation of the executive officers be taken every year, and ratified the selection of Marcum LLP as the Company's auditors for the fiscal year ending June 30, 2016.

 

The votes for each of the nominees for director were as follows:

 

Nominee		For		Withheld		Broker Non-Votes
Raymond V. Damadian		10,542,483		1,244,002		2,806,567
Claudette J.V. Chan		10,536,020		1,250,465		2,806,567
Robert J. Janoff		10,437,744		1,348,741		2,806,567
Charles N. O'Data		10,437,473		1,349,012		2,806,567
Ronald G. Lehman		10,453,110		1,333,375		2,806,567

 

The votes to approve, by non-binding vote, executive compensation were as follows:

 

For		Against		Abstain		Broker Non-Votes
11,651,781		118,076		16,628		2,806,567

 

The votes recommending the frequency of the vote on executive compensation were as follows:

 

Every Year		Every 2 Years		Every 3 Years		Broker Non-Votes
11,646,845		26,993		86,235		2,832,783

 

The votes for the ratification of Marcum LLP as the Company's auditors for the fiscal year ending June 30, 2016 were as follows:

 

For		Against		Abstain		Broker Non-Votes
14,520,074		32,588		40,390		0

 

SIGNATURES

 

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

	FONAR CORPORATION
	(Registrant)
	By: /s/ Raymond Damadian
	Raymond Damadian
	Chairman
Dated: June 14, 2016