On December 14, 2015, Vestin Realty Mortgage I, Inc., a Maryland corporation (the “Company”), held its 2015 annual meeting of stockholders at Venable LLP, 750 E. Pratt Street, Suite 900, Baltimore, Maryland 21202. Stockholders were asked to vote with respect to the following two proposals:
There were outstanding, as of the close of business on October 15, 2015 (the record date for the annual meeting), 1,302,445 shares of Common Stock of the Company, each entitled to one vote per share, constituting the only class of shares entitled to vote at the meeting.
There were present at the meeting, either in person or by valid proxy, the holders of 930,854 shares of the Company, constituting a quorum.
A majority of the stockholders voted “For” the two proposals. See Table below for the results:
Proposal 1–Election of two (2) directors
|Nominee||Votes For||Votes Withheld||Broker Non-Votes|
|Frederick J. Leavitt||539,047||20,449||371,358|
|Michael V. Shustek||527,347||32,149||371,358|
Proposal 2-Appointment of RBSM, LLP as independent registered public accountants of the Company
|Votes For||Votes Against||Votes Abstained||Broker Non-Votes|