Washington, DC 20549







Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) December 11, 2017



Air T, Inc.

(Exact Name of Registrant as Specified in its Charter)




Delaware   001-35476   52-1206400

(State or Other Jurisdiction

of Incorporation)



File Number)


(I.R.S. Employer

Identification No.)

5930 Balsom Ridge Drive

Denver, North Carolina 28037

(Address of Principal Executive Offices)

(Zip Code)

(828) 464-8741

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former name or former address, if changed from 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 (see General Instruction A.2. below):


  Written communication 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-4c))

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐




Item 5.07 Submission of Matters to a Vote of Security Holders

(a)  Air T, Inc. (the “Company”) held its 2017 annual meeting of stockholders on December 11, 2017.

(b)  At the annual meeting:


    Seth G. Barkett, Raymond E. Cabillot, William R. Foudray, Gary S. Kohler, Peter McClung, John A. Reeves, Andrew J. Stumpf, Nicholas J. Swenson and Travis Swenson were elected as directors;


    the stockholders approved a resolution approving, on an advisory basis, the compensation paid to the Company’s named executive officers as disclosed in the Company’s proxy statement for the annual meeting; and


    the stockholders approved a resolution ratifying the appointment of BDO USA, LLP as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2018.

The tabulation of votes with respect to each of these matters is set forth below:

Election of Directors


Director Nominee


Votes For


Votes Withheld


Broker Non-votes

Seth G. Barkett

   1,460,393    20,001    460,437

Raymond E. Cabillot

   1,460,958    19,436    460,437

William R. Foudray

   1,460,793    19,601    460,437

Gary S. Kohler

   1,460,358    20,036    460,437

Peter McClung

   1,463,293    17,101    460,437

John A. Reeves

   1,460,993    19,401    460,437

Andrew J. Stumpf

   1,441,958    38,436    460,437

Nicholas J. Swenson

   1,463,258    17,136    460,437

Travis Swenson

   1,460,993    19,401    460,437

Advisory Vote on Executive Compensation


Votes For


Votes Against


Votes Abstained


Broker Non-votes

1,469,837    7,706    2,850    460,438

Ratification of Appointment of Independent Registered Public Accounting Firm


Votes For


Votes Against


Votes Abstained

1,911,770    23,308    5,753     

There were no broker non-votes with respect to the ratification of the independent registered public accounting firm.




Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: December 14, 2017



/s/ Candice L. Otey


Candice L. Otey, Vice President-Finance,

Chief Financial Officer,

Secretary and Treasurer