- The current Directors received roughly 5.4mm withhold votes (which did not include any shares held by our group), or 40% of the total shares voted.
- The Company’s proposed increase to shares for issuance under the 2007 Stock Incentive Plan was opposed by 48% of the shares voted on the proposal.
- Additionally, Institutional Shareholder Services, the nation’s leading independent voting advisory service, recommended its clients Withhold on ALL directors and Against approval of the increase to the compensation plan. Glass Lewis & Co., another influential advisory service, also recommended Against approval of the compensation plan increase, stating “The Company’s equity-based compensation practices are among the most expensive and liberal we have reviewed.”
Thank you for your interest as fellow owners of the Company,Concerned InfuSystem Stockholders The Definitive Proxy Statement of the Concerned InfuSystem Stockholders’ Solicitation to call a Special Meeting of Stockholders is publicly available at no charge through the website of the Securities and Exchange Commission at http://www.sec.gov. The Definitive Proxy Statement is expected to be mailed to stockholders on or about February 2, 2012.