UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): January 19, 2011
Patriot Scientific Corporation
(Exact name of registrant as specified in its charter)
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Delaware
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0-22182
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84-1070278
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(State of other jurisdiction
of incorporation)
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(Commission File Number)
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(IRS Employer
Identification No.)
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Carlsbad Corporate Plaza
6183 Paseo Del Norte, Suite 180
Carlsbad, CA 92011
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(Address of Principal Executive Offices)
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Registrant’s telephone number, including area code: (760) 547-2700
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Not Applicable
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(Former name or former address, if changed since last report)
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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 (see General Instruction A.2 below):
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o
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425).
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Soliciting material pursuant to Rule 14A-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 5.07 Submission of Matters to a Vote of Security Holders.
Patriot Scientific Corporation (the “Company”) held its 2010 Annual Meeting on January 19, 2011. Out of 407,986,878 shares of our Common Stock (as of the record date of November 23, 2010) entitled to vote at the Annual Meeting, there were 309,098,664 shares present in person or represented by proxy, representing 75.76% of the total outstanding shares of our Common Stock entitled to vote. At the Annual Meeting, the Company’s stockholders voted on and approved each of the following three proposals. The final voting results of each proposal are set forth below.
Proposal No. 1: Election of the Board of Directors to serve until the Company’s 2011 Annual Meeting of Stockholders.
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Directors
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Votes
For
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Votes Withheld
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Broker
Non-Votes
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Carlton M. Johnson, Jr.
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37,925,472
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86,867,460
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184,305,732
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Gloria H. Felcyn
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40,662,929
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84,130,003
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184,305,732
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Clifford L. Flowers
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40,289,998
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84,502,934
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184,305,732
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Proposal No. 2: To ratify management’s selection of KMJ Corbin & Company LLP as our independent auditors.
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Votes
For
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Votes Against
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Abstain
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Broker
Non-Votes
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206,090,054
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55,492,598
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47,516,012
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-
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Proposal No. 3 – Stockholder proposal requesting that our Board of Directors amend our charter documents to provide for the election of directors by majority vote.
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Votes
For
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Votes Against
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Abstain
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Broker
Non-Votes
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98,207,137
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23,659,076
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2,926,719
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184,305,732
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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.
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Patriot Scientific Corporation
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Date: January 25, 2011
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By: /s/ Clifford L. Flowers
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Clifford L. Flowers
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Chief Financial Officer
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