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)
 
Delaware
  
0-24020
  
61-1321992
(State or Other Jurisdiction
of Incorporation)
  
(Commission
File Number)
  
(I.R.S. Employer
Identification No.)
         
101 Bullitt Lane, Suite 450
        
Louisville, Kentucky
      
40222
(Address of Principal
Executive Offices)
      
(Zip Code)
 
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

Item 5.07
 Submission of Matters to a Vote of Security Holders
 
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:
 
Name
  
For
  
Withheld
  
Broker Non-Votes
R. Scott Gill
  
16,707,667
  
161,594
  
0
Robert Sroka
  
16,600,297
  
268,964
  
0

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.
 
For
  
Against
  
Abstain
  
Broker Non-Votes
13,309,969
  
3,549,529
  
9,763
  
0
 

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.
 
Dated: May 13, 2010
Sypris Solutions, Inc.
  
       
 
By:
/s/ John R. McGeeney  
   
John R. McGeeney
  
   
General Counsel and Secretary
  
       
 
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