Office Depot 2009 Annual Report Download - page 21

Download and view the complete annual report

Please find page 21 of the 2009 Office Depot annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 95

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95

Item 4. Submission of Matters to a Vote of Security Holders.
The company held a special meeting of stockholders on October 14, 2009. Of the total number of common shares
outstanding on August 28, 2009, a total of 224,590,051 were represented in person or by proxy. Results of votes
with respect to proposals submitted at that meeting are as follows:
a. To consider a proposal to approve the conversion at the option of the holders of our 10% Series A
Redeemable Convertible Participating Perpetual Preferred Stock into shares of our common stock in
excess of 19.99% of the shares of our common stock outstanding on June 23, 2009, in compliance with
the rules of the New York Stock Exchange. Our stockholders voted to approve this proposal with
220,850,091 votes for and 3,610,189 votes against. There were 129,771 abstentions.
b. To consider a proposal to approve the conversion at the option of the holders of our 10% Series B
Redeemable Conditional Convertible Participating Perpetual Preferred Stock into shares of our common
stock and the right of the holders of the Series B Preferred to vote with shares of our common stock on
as-converted basis. Our stockholders voted to approve this proposal with 221,614,968 votes for and
2,841,336 votes against. There were 133,747 abstentions.
c. To approve the adjournment of the Special Meeting to solicit additional proxies if there are insufficient
proxies at the Special Meeting to approve each of the foregoing proposals. Our stockholders voted to
approve this proposal with 207,905,413 votes for and 16,510,386 votes against. There were 174,253
abstentions.
19