8-K 1 y54602e8-k.txt GLOBALNET INC. 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): October 29, 2001 GLOBALNET, INC. (Exact Name of Registrant as Specified in Charter) Nevada 0-27469 87-0635536 (State or Other Jurisdiction (Commission File Number) (I.R.S. Employer of Incorporation) Identification No.) 1919 South Highland Avenue Suite 125-D Lombard, Illinois 60148 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (630) 652-1300 N/A (Former name or former address, if changed since last report) Item 5. Other Events. On October 29, 2001, GlobalNet, Inc. (the "Company") held its 2001 Annual Meeting of Stockholders. The meeting was held to (i) elect seven (7) Directors to the Company's Board of Directors and (ii) adopt the GlobalNet 2001 Incentive Plan. Stockholders of the Company's Common Stock, $.001 par value, of record as of September 4, 2001 (the "Record Date") were entitled to notice of the Annual Meeting and to vote at such meeting. As of the Record Date, there were 31,529,043 shares of Common Stock entitled to vote at the meeting. Shareholders holding 23,223,949 shares of Common Stock, representing a majority of the Common Stock and representing a quorum (approximately 73.659% of the total shares entitled to vote), were represented at the meeting either in person or by proxy. RESULTS OF VOTING I. ELECTION OF DIRECTORS Shareholders were asked to elect seven (7) Directors to the Company's Board of Directors. Set forth below are the names of the persons nominated for and elected to serve on the Company's Board of Directors for a term of one (1) year until the year 2002 Annual Meeting of Stockholders and until his successor is duly elected and qualified as well as the results of the voting for the nominee. A. Robert J. Donahue TOTAL VOTES FOR 23,089,868 ---------- NON-VOTES/WITHHELD/AGAINST 134,081 ---------- PERCENTAGE OF SHARES VOTING FOR ELECTION 99.423% ---------- PERCENTAGE OF NON-VOTES/WITHHELD/AGAINST 0.577% ---------- B. Daniel M. Wickersham TOTAL VOTES FOR 23,099,068 ---------- NON-VOTES/WITHHELD/AGAINST 124,881 ---------- PERCENTAGE OF SHARES VOTING FOR ELECTION 99.462% ---------- PERCENTAGE OF NON-VOTES/WITHHELD/AGAINST 0.538% ---------- C. Pere Valles TOTAL VOTES FOR 23,099,868 ---------- NON-VOTES/WITHHELD/AGAINST 124,081 ---------- PERCENTAGE OF SHARES VOTING FOR ELECTION 99.462% ---------- PERCENTAGE OF NON-VOTES/WITHHELD/AGAINST 0.534% ----------

2 ---------- D. Colum P. Donahue TOTAL VOTES FOR 21,012,828 ---------- NON-VOTES/WITHHELD/AGAINST 2,211,121 ---------- PERCENTAGE OF SHARES VOTING FOR ELECTION 90.479% ---------- PERCENTAGE OF NON-VOTES/WITHHELD/AGAINST 9.521% ---------- E. Carmine F. Adimando TOTAL VOTES FOR 23,074,068 ---------- NON-VOTES/WITHHELD/AGAINST 149,881 ---------- PERCENTAGE OF SHARES VOTING FOR ELECTION 99.355% ---------- PERCENTAGE OF NON-VOTES/WITHHELD/AGAINST 0.645% ---------- F. Richard E. Wilson TOTAL VOTES FOR 23,100,068 ---------- NON-VOTES/WITHHELD/AGAINST 123,881 ---------- PERCENTAGE OF SHARES VOTING FOR ELECTION 99.355% ---------- PERCENTAGE OF NON-VOTES/WITHHELD/AGAINST 0.533% ---------- G. Paul Fritz TOTAL VOTES FOR 23,099,068 ---------- NON-VOTES/WITHHELD/AGAINST 124,881 ---------- PERCENTAGE OF SHARES VOTING FOR ELECTION 99.462% ---------- PERCENTAGE OF NON-VOTES/WITHHELD/AGAINST 0.538% ----------

The Board of Directors of the Company is now comprised of the following seven (7) directors: Robert J. Donahue, Daniel M. Wickersham, Colum P. Donahue, Pere Valles, Paul Fritz, Carmine F. Adimando and Richard E. Wilson whose terms each expire at the 2002 Annual Meeting of Stockholders. II. PROPOSAL TO ADOPT THE GLOBALNET'S 2001 INCENTIVE PLAN Shareholders were asked to adopt the GlobalNet 2001 Incentive Plan. TOTAL VOTES FOR 15,902,314 ---------- NON-VOTES/WITHHELD/AGAINST 447,511 ---------- PERCENTAGE OF SHARES VOTING FOR 97.263% ---------- PERCENTAGE OF NON-VOTES/WITHHELD/AGAINST 2.737% ----------

The GlobalNet 2001 Incentive Plan was adopted. 3 Item 7. Financial Statements, PRO FORMA Financial Information and Exhibits. (a) Financial Statements. Not applicable. (b) Pro Forma Financial Information. Not applicable. (c) Exhibits

(1) Filed herewith. (2) Filed as Appendix A to the Company's Definitive Proxy Statement on Schedule A filed with the Securities and Exchange Commission on September 13, 2001 and incorporated by reference herein. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized. GLOBALNET, INC. By: /s/ Robert J. Donahue ---------------------------------------- Name: Robert J. Donahue Title: Chairman, Chief Executive Officer and Director Date: November 9, 2001 4

GLOBALNET INC 8-K