3M Company (NYSE:MMM) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders
At the 2017 Annual Meeting of Stockholders of 3M Company held on
May9, 2017, the votes cast with respect to each item of business
properly presented at the meeting are as follows:
Proposal No.1 The stockholders elected each of the eleven
nominees to the Board of Directors for a one-year term by the
vote of the majority of votes cast, in accordance with 3Ms
Bylaws.
|
|
FOR |
|
AGAINST |
|
ABSTAIN |
|
BROKERNON-VOTE |
|
|
|
1a. Sondra L. Barbour |
401,666,568 |
2,455,802 |
1,436,816 |
102,548,437 |
|||||
|
1b. Thomas Tony K. Brown |
401,346,349 |
2,613,857 |
1,598,980 |
102,548,437 |
|||||
|
1c. Vance D. Coffman |
394,815,507 |
9,232,888 |
1,510,791 |
102,548,437 |
|||||
|
1d. David B. Dillon |
401,421,894 |
2,603,512 |
1,533,780 |
102,548,437 |
|||||
|
1e. Michael L. Eskew |
392,057,304 |
11,952,877 |
1,549,005 |
102,548,437 |
|||||
|
1f. Herbert L. Henkel |
397,436,634 |
6,596,671 |
1,525,881 |
102,548,437 |
|||||
|
1g. Muhtar Kent |
399,631,465 |
4,381,290 |
1,546,431 |
102,548,437 |
|||||
|
1h. Edward M. Liddy |
388,207,779 |
15,799,560 |
1,551,847 |
102,548,437 |
|||||
|
1i. Gregory R. Page |
401,935,090 |
2,093,750 |
1,530,346 |
102,548,437 |
|||||
|
1j. Inge G. Thulin |
387,771,804 |
15,003,505 |
2,783,877 |
102,548,437 |
|||||
|
1k. Patricia A. Woertz |
401,158,092 |
3,001,956 |
1,399,138 |
102,548,437 |
Proposal No.2 The stockholders ratified the appointment of
PricewaterhouseCoopers LLP as 3Ms independent registered public
accounting firm for 2017.
|
FOR |
|
AGAINST |
|
ABSTAIN |
|
BROKERNON- VOTE |
|
|
496,930,549 |
9,648,512 |
1,528,562 |
N/A |
Proposal No.3 The stockholders gave an advisory approval of the
compensation of the Companys Named Executive Officers as
described in the Companys 2017 Proxy Statement.
|
FOR |
|
AGAINST |
|
ABSTAIN |
|
BROKERNON- VOTE |
|
|
386,360,603 |
15,975,638 |
3,222,945 |
102,548,437 |
Proposal No.4 The stockholders cast non-binding votes on the
frequency (whether annual, biennial or triennial) with which the
Company should offer stockholders the opportunity to cast future
advisory votes on the compensation of its named executive
officers. A plurality of stockholders favored an annual advisory
vote on the Companys executive compensation. Based on the Board
of Directors recommendation in the Proxy Statement and the voting
results, the Company has determined to hold an advisory vote on
executive compensation annually.
|
1Year |
|
2 Years |
|
3Years |
|
ABSTAIN |
|
BROKERNON- VOTE |
|
|
362,585,212 |
2,449,674 |
38,704,926 |
1,819,374 |
102,548,437 |
Proposal No.5 The stockholders did not approve the stockholder
proposal on implementation of Holy Land Principles.*
|
FOR |
|
AGAINST |
|
ABSTAIN |
|
BROKERNON- VOTE |
|
|
17,429,747 |
364,026,125 |
24,103,314 |
102,548,437 |
|
*Under the General Corporation Law of the State of Delaware,
the affirmative FOR vote of a majority of those shares present
in person or represented by proxy at the meeting and entitled
to vote on the matter is required to approve the stockholder
proposal. In tabulating the voting result, abstentions and, if
applicable, broker non-votes are not counted as votes FOR or
AGAINST the proposal. An abstention will, however, be counted
as entitled to vote on a proposal and will, therefore, have the
effect of a vote AGAINST. Applying this standard, the
percentage in favor of the stockholder proposal is calculated
by dividing the number of FOR votes by the sum of the number of
FOR, AGAINST and ABSTAIN votes.
About 3M Company (NYSE:MMM)
3M Company is a technology company. The Company operates through five segments. Its Industrial segment serves markets, such as automotive original equipment manufacturer and automotive aftermarket, electronics, appliance, paper and printing, packaging, food and beverage, and construction. Its Safety and Graphics segment serves markets for the safety, security and productivity of people, facilities and systems. Its Health Care segment serves markets that include medical clinics and hospitals, pharmaceuticals, dental and orthodontic practitioners, health information systems, and food manufacturing and testing. Its Electronics and Energy segment serves customers in electronics and energy markets, including solutions for electronic devices; electrical products; telecommunications networks, and power generation and distribution. Its Consumer segment serves markets that include consumer retail, office business to business, home improvement, drug and pharmacy retail, and other markets. 3M Company (NYSE:MMM) Recent Trading Information
3M Company (NYSE:MMM) closed its last trading session down -1.14 at 196.82 with 1,747,761 shares trading hands.
