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) April 6, 2011
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PASSUR AEROSPACE, INC.
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(Exact Name of Registrant as Specified in Its Charter)
New York
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(State or Other Jurisdiction of Incorporation)
0-7642 11-2208938
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(Commission File Number) (IRS Employer Identification No.)
One Landmark Square, Suite 1900
Stamford, CT 06901
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(Address of Principal Executive Offices) (Zip Code)
203-622-4086
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(Registrant's Telephone Number, Including Area Code)
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(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 (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
At the 2011 Annual Meeting of Shareholders of PASSUR Aerospace, Inc. (the
"Company") held on April 6, 2011, the shareholders elected each of the Company's
nominees for director to serve until the next Annual Meeting of Shareholders and
until their successors are elected and qualified. Shareholders also ratified the
Audit Committee's appointment of BDO Seidman, LLP to serve as the Company's
independent registered public accounting firm for the Company's 2011 fiscal
year. Finally, shareholders approved Amendment No. 2 to the Company's 2009 Stock
Incentive Plan (the "Plan"). Each proposal is described in detail in the
Company's Definitive Proxy Statement filed with the SEC on February 25, 2011.
The voting results are listed below:
1) To elect the following individuals to serve as directors to hold office
until the 2012 Annual Meeting of Shareholders or until their respective
successors are duly elected and qualified:
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Name For Withheld
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G.S. Beckwith Gilbert 3,473,063 8,050
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James T. Barry 3,473,853 7,250
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John R. Keller 3,473,053 8,050
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Paul L. Graziani 3,473,853 7,250
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Richard R. Schilling 3,472,853 8,250
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Bruce N. Whitman 3,473,053 8,050
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James J. Morgan 3,473,053 8,050
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Kurt J. Ekert 3,473,053 8,050
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Peter L. Bloom 3,473,053 8,050
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Richard L. Haver 3,473,053 8,050
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2) To ratify the Audit Committee's appointment of BDO Seidman, LLP to serve as
the Company's independent registered public accounting firm for the 2011
fiscal year.
For Against Abstain Broker Non-Vote
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3,968,218 68,900 14,123 0
3) To approve Amendment No. 2 to the Plan to (i) increase the number of shares
of the Company's common stock, par value $0.01 per share ( "Common Stock")
that may be issued under the Plan from 1,000,000 to 1,500,000 shares, and
(ii) increase the number of shares of Common Stock with respect to which
stock options, stock appreciation rights and performance awards may be
granted under the Plan to any employee during any fiscal year, which
limitation is necessary to exempt remuneration attributable to such awards
from the deduction limitation under Section 162(m) of the Internal Revenue
Code of 1986, as amended.
For Against Abstain Broker Non-Vote
--- ------- ------- ---------------
3,418,043 60,210 2,850 570,138
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.
PASSUR AEROSPACE, INC.
By: /s/ Jeffrey P. Devaney
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Name: Jeffrey P. Devaney
Title: Chief Financial Officer, Treasurer
and Secretary
Date: April 8, 201
