Form 8-K

 

 

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 28, 2015

 

 

BEASLEY BROADCAST GROUP, INC.

(Exact name of registrant as specified in its charter)

 

 

 

DELAWARE   000-29253   65-0960915

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

3033 Riviera Drive, Suite 200, Naples, Florida 34103

(Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code: (239) 263-5000

 

(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

(a) On May 28, 2015, Beasley Broadcast Group, Inc. (the “Company”) held its 2015 Annual Meeting of Stockholders (the “Annual Meeting”) in Naples, Florida.

(b) At the Annual Meeting:

 

  (1) The stockholders voted to elect each of the eight nominees for director.

 

  (2) The stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers.

Election of Directors

 

     For      Withheld      Broker
Non-votes
 
By Holders of All Classes of Common Stock         

George G. Beasley

     171,743,873         887,511         —     

Bruce G. Beasley

     171,741,596         889,788         —     

Caroline Beasley

     171,681,596         949,788         —     

Brian E. Beasley

     171,741,596         889,788         —     

Joe B. Cox

     172,535,284         96,100         —     

Allen B. Shaw

     171,745,933         885,451         —     
By Holders of Class A Common Stock         

Mark S. Fowler

     4,893,889         1,110,065         —     

Herbert W. McCord

     5,967,854         36,100         —     

Advisory Vote on Executive Compensation

 

For

 

Against

 

Abstain

 

Broker

Non-votes

172,485,853   141,494   4,037   —  

 

ITEM 8.01 OTHER EVENTS

On May 28, 2015, the Company issued a press release announcing that its Board of Directors declared a quarterly cash dividend of $0.045 per share on its Class A and Class B common stock and approved a new $1.0 million stock repurchase program. A copy of the press release is attached as Exhibit 99.1 and is incorporated herein by reference.

 

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

 

  (d) Exhibits

 

Exhibit

Number

  

Description

99.1    Press Release dated May 28, 2015, issued by Beasley Broadcast Group, Inc.


SIGNATURE

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.

 

 BEASLEY BROADCAST GROUP, INC.
Date: May 29, 2015 By:

/s/ Caroline Beasley

Caroline Beasley
Vice President, Chief Financial Officer, Secretary and Treasurer