0000720500AMTECH SYSTEMS INCfalse00007205002023-03-012023-03-01

 

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): March 01, 2023

 

 

Amtech Systems, Inc.

(Exact name of Registrant as Specified in Its Charter)

 

 

Arizona

000-11412

86-0411215

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

131 S. Clark Drive

 

Tempe, Arizona

 

85288

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (480) 967-5146

 

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:

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))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock, par value $0.01 per share

 

ASYS

 

Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

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 5.07 Submission of Matters to a Vote of Security Holders.

 

On March 1, 2023, Amtech Systems, Inc. (the “Registrant” or the “Company”) held its 2023 Annual Meeting of Shareholders (the “Annual Meeting”). At the Annual Meeting, the Company’s shareholders considered three proposals, each of which are described in detail in the Company’s definitive proxy statement dated January 20, 2023. As of January 13, 2023, there were 14,023,534 shares of the Company’s common stock issued, outstanding and eligible to vote on the proposals presented at the Annual Meeting. The total number of shares represented in person or by proxy at the Annual Meeting was 11,336,756 or 80.84% of the shares eligible to vote. The voting results for each of the proposals are set forth below.

 

Proposal 1 – Election of directors

 

The individuals listed below received the highest number of affirmative votes of the outstanding shares of the Company’s common stock present or represented by proxy and voting at the Annual Meeting and were elected at the Annual Meeting to serve a one-year term on the Company’s board of directors.

 

 

 

For

 

Withheld

 

Broker Non-Votes

Michael Whang

 

9,202,662

 

47,219

 

2,086,875

Lisa D. Gibbs

 

8,496,599

 

753,282

 

2,086,875

Robert M. Averick

 

9,073,311

 

176,570

 

2,086,875

Robert C. Daigle

 

9,063,316

 

186,565

 

2,086,875

Michael Garnreiter

 

8,857,923

 

391,958

 

2,086,875

Michael M. Ludwig

 

9,206,148

 

43,733

 

2,086,875

 

Proposal 2 – To approve the ratification of the independent registered public accountants

 

The shareholders ratified the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for fiscal year 2023.

 

For

 

Against

 

Abstain

 

Broker Non-Votes

11,254,293

 

43,753

 

38,710

 

0

 

Proposal 3 – Advisory vote on named executive officer compensation

 

The shareholders approved, on an advisory basis, the compensation of the named executive officers.

 

For

 

Against

 

Abstain

 

Broker Non-Votes

8,369,822

 

319,268

 

560,791

 

2,086,875

 

No other proposals were submitted to a vote of the Company’s shareholders at the Annual Meeting.

 

Item 9.01 Financial Statements and Exhibits.

 

d) Exhibits.

 

Exhibit No.

 

Description

 

 

 

   104

 

Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 


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 thereunto duly authorized.

 

 

 

AMTECH SYSTEMS, INC.

 

 

 

 

Date:

March 3, 2023

By:

/s/ Lisa D. Gibbs

 

 

 

Name: Lisa D. Gibbs

Title: Vice President and Chief Financial Officer