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 11,
2010
Sypris
Solutions, Inc.
(Exact
name of registrant as specified in its charter)
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Delaware
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0-24020
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61-1321992
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(State
or Other Jurisdiction
of
Incorporation)
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(Commission
File
Number)
|
(I.R.S.
Employer
Identification
No.)
|
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101
Bullitt Lane, Suite 450
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||||
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Louisville,
Kentucky
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40222
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(Address
of Principal
Executive
Offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code: (502) 329-2000
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:
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Section
5 – Corporate Governance and Management
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Item 5.07
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Submission
of Matters to a Vote of Security
Holders
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The
regular annual meeting of the stockholders of Sypris Solutions, Inc. was held in
Louisville, Kentucky on May 11, 2010, for the purpose of voting on the proposals
described below. Proxies for the meeting were solicited pursuant to
Section 14(a) of the Securities Exchange Act of 1934 and there was no
solicitation in opposition to management’s nominees for directors.
Proposal
1: Election of Directors
All
nominees for director listed below were elected.
The term
of office for each director will be until the 2013 annual meeting and until
their successors shall be elected and qualified.
The final
results of the election of directors were as follows:
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Name
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For
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Withheld
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Broker Non-Votes
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R.
Scott Gill
|
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16,707,667
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161,594
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0
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Robert
Sroka
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16,600,297
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268,964
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0
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The total
number of shares of common stock outstanding as of March 17, 2010, the record
date of the Annual Meeting of Stockholders, was 19,693,262.
Proposal
2: Approval of 2010 Sypris Omnibus Plan
The 2010
Sypris Omnibus Plan was approved. Generally the Plan authorizes cash bonuses,
awards of stock (restricted and unrestricted), stock options and stock
appreciation rights to Directors and Officers and certain other employees,
respecting, in the aggregate, 3,000,000 shares of Common Stock, plus 655,088
shares remaining under the 2004 Sypris Equity Plan. The foregoing description of
the Plan is a summary and the Plan document itself should be reviewed for a more
thorough understanding. A copy of the Plan was filed as an exhibit to the
Company's 2010 Proxy Statement and can be obtained at
www.sypris.com/proxymaterials.
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For
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Against
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Abstain
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Broker Non-Votes
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13,309,969
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3,549,529
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9,763
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0
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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.
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Dated:
May 13, 2010
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Sypris
Solutions, Inc.
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By:
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/s/ John R. McGeeney | |
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John
R. McGeeney
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General
Counsel and Secretary
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