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): February 24, 2011
SANTA FE FINANCIAL CORPORATION
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(Exact name of registrant as specified in its charter)
Nevada 0-6877 95-2452519
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
10940 Wilshire Blvd., Suite 2150, Los Angeles, CA 90024
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (310) 889-2500
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):
[ ] 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 Fiscal 2010 Annual Meeting of the Shareholders of Santa Fe Financial
Corporation (the "Company") was held on February 24, 2011 at the Hilton San
Francisco Financial District, 750 Kearny Street, San Francisco, California. At
that meeting, all of management's nominees: John V. Winfield, John C. Love and
William J. Nance, were elected as Directors of the Company to serve until the
next Annual Meeting. At the Annual Meeting, the shareholders also voted in
favor of the ratification of the Audit Committee's selection of Burr Pilger
Mayer, Inc. as the Company's independent registered public accounting firm for
the fiscal year ending June 30, 2011. In addition, the shareholders also
approved, in a non-binding vote, the compensation of the Company's named
executive officers and voted for three years as the frequency that a
shareholder vote to approve the compensation of the Company's named executive
officers should be held. The final tabulation of the votes follows:
Proposal (1) - Election of Directors:
Nominees Votes For Withheld Broker Non-Votes
---------------- --------- -------- ----------------
John V. Winfield 1,022,296 600 118,215
John C. Love 1,022,246 650 118,215
William J. Nance 1,022,246 650 118,215
Proposal (2) - Ratification of the Appointment of Burr Pilger Mayer, Inc. as
The Company's Independent Registered Public Accounting Firm
for the fiscal year ending June 30 2011:
Votes For Against Abstained Broker Non-Votes
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1,137,021 0 4,090 -
Proposal (3) - To approve, in a non-binding vote, the compensation of the
Company's named executive officers:
Votes For Against Abstained Broker Non-Votes
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1,013,044 1,422 8,430 118,215
Proposal (4) - To determine, in a non-binding vote, whether a shareholder
vote to approve the compensation of the Company's named
executive officers should occur every one, two or three
years:
One Year Two Years Three Years Abstained Broker Non-Votes
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13,528 1,900 1,004,136 3,322 118,215
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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.
SANTA FE FINANCIAL CORPORATION
Dated: February 28, 2011 By /s/ Michael G. Zybala
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Michael G. Zybala, Vice President,
Secretary & General Counsel
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