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):
August 8, 2014
STANDARD METALS PROCESSING, INC.
(Exact name of registrant as specified in its charter)
| Nevada | 000-14319 | 84-0991764 |
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
| 611 Walnut Street, Gadsden, Alabama 35901 |
| (Address of principal executive offices) |
(888) 960-7347
Registrant's telephone number, including area code
(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.
The 2014 Annual Meeting of the stockholders of Standard Metals Processing, Inc. was held on August 8, 2014, in Gadsden, Alabama. Stockholders representing 73,983,717 shares, or 75.8% of the common shares outstanding as of the record date, June 13, 2014, were present in person or were represented at the meeting by proxy.
All proposals received the affirmative vote of a majority of the votes cast and were passed, and the final voting results are included below. Each proposal was determined by a majority of votes cast, except that the advisory votes were non-binding in nature and the preferences of the shareholders were determined by the selection receiving the greatest number of votes.
Proposal 1: As to the election of directors, the number of votes cast in favor of and against each nominee was as follows:
|
Director Nominee Name |
Number of Votes For |
Number of Votes Against | |
| SHARON ULLMAN | 73,931,917 | 51,800 | |
| TINA GREGERSON | 73,931,917 | 51,800 | |
| JIM STIEBEN | 72,552,695 | 1,431,022 | |
Proposal 2: To approve Turner, Stone & Company, LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2014, the voting was as follows:
|
Number of Votes For |
Number of Votes Against |
Abstentions |
| 73,948,417 | 33,300 | 2,000 |
Proposal 3: To approve the 2014 Stock Incentive Plan, the voting was as follows:
|
Number of Votes For |
Number of Votes Against |
Abstentions |
| 73,931,917 | 49,800 | 2,000 |
Proposal 4: As to the advisory approval of named executive officer compensation, the voting was as follows:
|
Number of Votes For |
Number of Votes Against |
Abstentions |
| 73,948,010 | 33,300 | 2,407 |
Proposal 5: As to the advisory vote approving the frequency of three years for an advisory vote on executive compensation, the voting was as follows:
| One Year | Two Year | Three Year | Abstentions |
| 18,918,250 | 1,379,222 | 53,650,945 | 35,300 |
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.
| Dated: August 15, 2014 |
STANDARD METALS PROCESSING, INC.
| |
| By: | /s/ Sharon L. Ullman | |
| Sharon L. Ullman | ||
| Chief Executive Officer | ||