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): May 12, 2011
Asset Acceptance Capital Corp.
(Exact name of Registrant as specified in its charter)
| Delaware | 000-50552 | 80-0076779 | ||
| (State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
28405 Van Dyke Avenue
Warren, MI 48093
(Address of principal executive offices)
Registrant’s telephone number, including area code: (586) 939-9600
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)) |
| Item 5.07. | Submission of Matters to a Vote of Security Holders |
Asset Acceptance Capital Corp. (the “Company”) held its annual meeting of shareholders on May 12, 2011. At the annual meeting, the Company’s shareholders voted on the following matters, with the final voting results shown below for each matter voted upon:
| (1) | The below-named nominees to the Board of Directors of the Company were each elected for a term ending with the Company’s 2014 annual meeting of shareholders: |
| Number of Votes | ||||||
| Nominee |
For |
Withheld |
Broker Non-Votes | |||
| Terrence D. Daniels |
16,685,941 | 7,518,818 | 2,282,756 | |||
| Rion B. Needs |
22,939,027 | 1,265,732 | 2,282,756 | |||
| (2) | The selection of Grant Thornton LLP as the independent registered public accounting firm for the Company for the year ending December 31, 2011 was ratified. |
| Number of Votes For |
Number of Votes Against |
Number of Abstentions | ||
| 26,434,421 |
21,809 | 31,285 |
| (3) | The compensation of the Company’s named executive officers as disclosed in the proxy statement was approved on an advisory (non-binding) basis. |
| Number of Votes For |
Number of Votes Against |
Number of Abstentions |
Broker Non-Votes | |||
| 23,637,500 |
68,707 | 498,552 | 2,282,756 |
| (4) | Every three years was selected on an advisory (non-binding) basis as the frequency of the shareholder vote to approve on an advisory basis the compensation of the Company’s named executive officers. |
| Number of Votes 1 Year |
Number of Votes 2 Years |
Number of Votes 3 Years |
Number of Abstentions |
Broker Non-Votes | ||||
| 9,386,562 |
526,285 | 14,282,461 | 9,451 | 2,282,756 |
The Company had 30,621,576 shares of common stock outstanding as of the March 15, 2011 record date for the meeting, 26,487,515 of which were represented at the meeting.
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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.
| May 17, 2011 | Asset Acceptance Capital Corp. | |||||
| By: | /s/ E.L. Herbert | |||||
| Name: | E.L. Herbert | |||||
| Title: | Vice President and General Counsel | |||||
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