Cable One, Inc.
Extract: Charter Amended/Restated (Plain English Desc) from a 8-K on 05/18/2020   Download
SEC Document
SEC Filing
On May 15, 2020, Cable One, Inc. (the “Company”) held its 2020 Annual Meeting of Stockholders (the “Annual Meeting”), at which the Company’s stockholders, upon the unanimous recommendation of the Company’s Board of Directors (the “Board”), approved a proposal to amend and restate the Company’s Amended and Restated Certificate of Incorporation (the “Restated Certificate”) to declassify the Board over a three-year period such that directors elected beginning at the Company’s 2021 Annual Meeting of Stockholders and at each subsequent annual meeting will be elected to one-year terms, and the Board will be fully declassified following the Company’s 2023 Annual Meeting of Stockholders. In accordance with the proposal, the Restated Certificate also provides that directors may be removed with or without cause, except that a director elected to a class of directors serving the remainder of a three-year term is removable only for cause.
On May 18, 2020, the Restated Certificate was filed with the Secretary of State of the State of Delaware, and it became effective on such date.