UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

CURRENT REPORT

 

FORM 8-K

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act

 

Date of Report (Date of Earliest Event Reported): May 12, 2011

 

Hanger Orthopedic Group, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware

 

1-10670

 

84-0904275

(State or other jurisdiction

 

(Commission File Number)

 

(IRS Employer

of incorporation)

 

 

 

Identification No.)

 

10910 Domain Drive, Suite 300

Austin, Texas 78758

(Address of principal executive offices (zip code))

 

(512) 777-3800

(Registrant’s telephone number, including area code)

 

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):

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a - 12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13d-4(c))

 

 

 



 

Item 5.07   Submission of Matters to a Vote of Security Holders.

 

On May 12, 2011, Hanger Orthopedic Group, Inc. (the “Company”) held its 2011 Annual Meeting of Stockholders (the “Annual Meeting”).  At the Annual Meeting, the Company’s stockholders voted on the following proposals:

 

·                                          The election of Ivan R. Sabel, Thomas F. Kirk, Thomas F. Cooper, Cynthia L. Feldmann, Eric A. Green, Stephen E. Hare, Isaac Kaufman, Peter J. Neff and Bennett Rosenthal to the Company’s Board of Directors for a one-year term to hold office until the Company’s 2012 Annual Meeting of Stockholders and until their successors are elected and qualified;

 

·                                          to hold a stockholder advisory vote on the compensation of the Company’s named executive officers;

 

·                                          to hold a stockholder advisory vote on the frequency of holding future advisory votes on the compensation of the Company’s named executive officers;

 

·                                          to approve an amendment to the Company’s Certificate of Incorporation providing for the removal of the class of Non-Voting Common Stock;

 

·                                          to approve an amendment to the Company’s Certificate of Incorporation to permit amendments to the Company’s By-Laws by the Company’s Board of Directors;

 

·                                          to approve an amendment to the Company’s Certificate of Incorporation to remove duplicative provisions and make certain other non-substantive changes;  and

 

·                                          to ratify the appointment of PricewaterhouseCoopers LLP as the independent auditors for the Company for the fiscal year ending December 31, 2011.

 

As of March 17, 2011, the record date for the determination of the stockholders entitled to notice of, and to vote at, the Annual Meeting, 33,384,700 shares of the Company’s Common Stock were outstanding and eligible to vote.  Approximately 87.12% of all votes were represented at the Annual Meeting in person or by proxy. The following are the final votes on the matters presented for stockholder approval at the Annual Meeting:

 

Proposal 1: Election of Directors

 

Name

 

Votes For

 

Votes Withheld

 

Broker Non-Votes

Ivan R. Sabel

 

26,368,336

 

805,644

 

1,910,907

Thomas F. Kirk

 

26,845,016

 

328,964

 

1,910,907

Thomas F. Cooper

 

20,979,452

 

6,194,528

 

1,910,907

Cynthia L. Feldmann

 

26,481,064

 

692,916

 

1,910,907

 

2



 

Eric A. Green

 

21,462,246

 

5,711,734

 

1,910,907

Stephen E. Hare

 

26,598,615

 

575,365

 

1,910,907

Isaac Kaufman

 

26,844,614

 

329,366

 

1,910,907

Peter J. Neff

 

21,462,684

 

5,711,296

 

1,910,907

Bennett Rosenthal

 

25,272,808

 

1,901,172

 

1,910,907

 

Proposal 2: Advisory Vote on the Compensation of the Company’s Named Executive Officers

 

Votes For

 

Votes Against

 

Votes Abstaining

 

Broker Non-Votes

 

 

 

 

 

 

 

 

 

20,432,607

 

6,702,192

 

39,181

 

1,910,907

 

 

Proposal 3: Advisory Vote on the Frequency of Future Advisory Votes on the Compensation of the Company’s Named Executive Officers

 

1 Year

 

2 Years

 

3 Years

 

Abstain

 

Broker Non-Votes

 

 

 

 

 

 

 

 

 

 

 

24,732,890

 

32,232

 

2,392,945

 

15,913

 

1,910,907

 

 

Proposal 4: Amendment to the Company’s Certificate of Incorporation to Remove the Class of Non-Voting Common Stock

 

Votes For

 

Votes Against

 

Votes Abstaining

 

Broker Non-Votes

 

 

 

 

 

 

 

 

 

28,896,741

 

137,314

 

50,832

 

N/A

 

 

Proposal 5: Amendment to the Company’s Certificate of Incorporation to Permit Amendments to the Company’s Bylaws by the Company’s Board of Directors

 

Votes For

 

Votes Against

 

Votes Abstaining

 

Broker Non-Votes

 

 

 

 

 

 

 

 

 

19,718,443

 

7,411,028

 

44,509

 

1,910,907

 

 

Proposal 6: Amendment to the Company’s Certificate of Incorporation to Remove Duplicative Provisions and Make Certain Other Non-Substantive Changes

 

Votes For

 

Votes Against

 

Votes Abstaining

 

Broker Non-Votes

 

 

 

 

 

 

 

 

 

28,896,105

 

140,428

 

48,354

 

N/A

 

 

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Proposal 7: Ratification of Appointment of Independent Registered Public Accounting Firm

 

Votes For

 

Votes Against

 

Votes Abstaining

 

Broker Non-Votes

 

 

 

 

 

 

 

 

 

27,937,295

 

1,009,071

 

138,521

 

N/A

 

 

The Company has considered the results from the Annual Meeting on Proposal 3, the non-binding stockholder advisory vote on the frequency of future Say on Pay votes, and, in view of the voting results and other factors taken into consideration, the Company has decided that it will hold an advisory vote on the compensation of its named executive officers every year until the next required stockholder advisory vote on the frequency of future advisory votes on executive compensation.

 

4



 

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.

 

HANGER ORTHOPEDIC GROUP, INC.

 

 

 

 

 

By:

/s/Thomas E. Hartman

 

 

Thomas E. Hartman

 

 

Vice President and General Counsel

 

 

 

 

Dated: May16, 2011

 

 

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