Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On May 6, 2021, the stockholders of CKX Lands, Inc. (the "Registrant") approved the CKX Lands, Inc. Stock Incentive Plan at the Registrant's annual meeting of stockholders. On May 10, 2021, the Registrant's Board of Directors adopted the plan. A description of the plan is contained on pages 11 - 14 of the Registrant's definitive proxy statement filed with the SEC on April 9, 2021 and the text of the plan is filed as Appendix A to that proxy statement. The aforementioned description of the plan and the text of the plan are incorporated herein by reference pursuant to General Instruction B(3) to Form 8-K.
Item 5.07 Submission of Matters to a Vote of Security Holders
The Registrant held its annual meeting of shareholders on May 6, 2021. At the meeting, the shareholders were requested to: (1) elect directors; (2) approve, in a non-binding advisory vote, the compensation of the Registrant's Named Executive Officers, (3) consider and act upon a proposal to ratify the selection of MaloneBailey LLP as the Registrant's independent registered public accounting firm for the fiscal year ending December 31, 2021 and (4) consider and act upon a proposal to adopt the CKX Lands, Inc. Stock Incentive Plan.
The following are the final voting results on proposals considered and voted upon at the meeting, which are more fully described in the Registrant's proxy statement filed on April 9, 2021.
1. The stockholders voted to re-elect the following directors by the votes set
forth below:
Number of Shares
Nominee For Withheld Broker Non-Votes
Lee W. Boyer 642,061 18,295 346,427
Keith Duplechin 642,568 17,788 346,427
Edward M. Ellington, II 642,606 17,750 346,427
Daniel J. Englander 658,727 1,629 346,427
Max H. Hart 652,827 7,529 346,427
Eugene T. Minvielle, IV 642,961 17,395 346,427
William Gray Stream 646,281 14,075 346,427
Mary Leach Werner 651,827 8,529 346,427
Michael B. White 658,597 1,759 346,427
2. The stockholders voted to approve, in a non-binding advisory vote pursuant to
Section 14A of the Securities Exchange Act of 1934, as amended (the "Exchange
Act"), the compensation of the Registrant's Named Executive Officers, as
disclosed pursuant to Item 402 of Securities and Exchange Commission
Regulation S-K, including the compensation tables and narrative disclosures,
in the Registrant's definitive proxy statement filed on April 9, 2021, by the
votes set forth below:
For Against Abstain Broker Non-Vote
425,271 193,786 41,449 346,427
3. The stockholders voted to ratify the selection of MaloneBailey LLP as the
Registrant's independent registered public accounting firm for the fiscal
year ending December 31, 2021, by the votes set forth below:
For Against Abstain Broker Non-Vote
1,005,430 1,500 3 0
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4. The stockholders voted to approve the CKX Lands, Inc. Stock Incentive Plan by
the votes set forth below:
For Against Abstain Broker Non-Vote
313,875 307,608 39,023 346,427
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