Eastern Light Capital


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Director and Officer Ownership

 

Principal

Common Shares

%

Preferred Shares

%

Total Shares

%

Richard Wrensen, Chairman and Chief Executive Officer (A)

103,675

21.5

4,150

0.9

107,825

18.2

James Grainer, Director

500

*

0

0.0

500

*

Alan Jones, Director

500

*

0

0.0

500

*

Ace Blackburn, Jr., Director

500

*

0

0.0

500

*

Gregory Bronshvag, Vice President and Secretary

1,100

*

0

0.0

1,100

*

 

Notes:
The following table does not include stock options and is current as of June 30, 2008.
* represents less than 0.1%
(A) Mr. Wrensen’s spouse own 18, 600 shares of Common Stock and 3, 464 shares of Preferred Stock, in which Mr. Wrensen claims no beneficial interest.
These holdings are included in Mr. Wrensen’s Common and Preferred Share holdings.

 

Recent Shareholder Vote:

 

The following table summarizes the July 2, 2008 shareholder vote. Additional proposal information is included in ELC’s 2008 proxy.
The proxy is available at the SEC’s website, www.sec.gov.

 

 

PROPOSAL

Approve

Withhold

Abstain

 

 

#

%

#

%

#

%

1

Election of Director: Richard J. Wrensen

409,189

90%

33,616

7%

12,023

3%

1

Election of Director: James L. Grainer

390,513

86%

48,828

11%

15,487

3%

2

Approval of Amendment to Change Corporate Name

396,437

87%

44,257

10%

11,875

3%

 

                                                                                                                                                                                                                                                           

 


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