Aqua America, Inc. (NYSE:WTR) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07 Submission of Matters to a Vote of Security Holders
The 2017 Annual Meeting of Shareholders of Aqua America, Inc.
(the Company) was held on May3, 2017 at the Drexelbrook Banquet
Facility Corporate Events Center, 4700 Drexelbrook Drive, Drexel
Hill, Pennsylvania 19026, to the Notice sent, on or about
March24, 2017, to all shareholders of record at the close of
business on March7, 2017. At the annual meeting:
1. The following nominees were elected as directors of Aqua
America, Inc. to serve for one-year terms and until their
successors are elected and qualified. The votes received are set
forth adjacent to the names below:
|
Name of Nominee |
For | Withheld | ||||||
|
Carolyn J. Burke |
105,974,543 | 1,307,634 | ||||||
|
Nicholas DeBenedictis |
104,184,353 | 3,097,824 | ||||||
|
Christopher H. Franklin |
106,334,482 | 947,695 | ||||||
|
Richard H. Glanton |
104,256,472 | 3,025,705 | ||||||
|
Lon R. Greenberg |
105,319,285 | 1,962,892 | ||||||
|
William P. Hankowsky |
98,714,700 | 8,567,477 | ||||||
|
Wendell F. Holland |
105,920,862 | 1,361,315 | ||||||
|
Ellen T. Ruff |
105,370,938 | 1,911,239 |
There were 41,444,495 broker non-votes recorded for each nominee.
2. The appointment of PricewaterhouseCoopers LLP as the
independent registered public accounting firm for the Company for
the year ending December31, 2017, was ratified by the following
vote of shareholders:
|
For |
Against | Abstain | ||||||
|
146,692,316 |
1,435,709 | 598,647 |
There were no broker non-votes for the ratification of the
independent registered public accounting firm.
3. The advisory vote to approve the compensation paid to the
Companys named executive officers for 2016 as disclosed in the
Companys Proxy Statement for the 2017 Annual Meeting of
Shareholders was approved by the following vote of shareholders:
|
For |
Against | Abstain | BrokerNon-Votes | |||||||||
|
100,008,727 |
5,521,748 | 1,751,702 | 41,444,495 |
4. The advisory vote on whether the frequency of the advisory
vote on the compensation paid to the Companys named executive
officers should be every 1, 2, or 3 years was a follows:
|
1 Year |
2 Years | 3 Years | Abstain | |||||||||
|
87,935,448 |
1,396,468 | 17,061,697 | 888,564 |
Following the Annual Meeting, the Board considered the advisory
vote of the shareholders as to the frequency of future
say-on-pay votes
and approved and adopted annual frequency for future say-on-pay
votes, beginning with the annual meeting of shareholders to be
held in 2018.
Item8.01 Other
Events.
Following the
Annual Meeting, the Board of Directors appointed Richard H.
Glanton to the Audit Committee of the Board.
2
About Aqua America, Inc. (NYSE:WTR)
Aqua America, Inc. is a holding company. The Company, through its subsidiaries, provides water or wastewater services in Pennsylvania, New Jersey, Indiana and Virginia, among others. It is the holding company for its subsidiary, Aqua Pennsylvania, Inc. Its market-based activities are conducted through Aqua Resources Inc. and Aqua Infrastructure, LLC. Aqua Resources Inc. provides water and wastewater service through operating and maintenance contracts with municipal authorities and other parties in close proximity to its utility companies’ service territories; offers, through a third party, water and wastewater line repair service and protection solutions to households; inspects, cleans and repairs storm and sanitary wastewater lines; designs and builds water and wastewater systems, and provides other market-based water and wastewater services. Its subsidiary, Aqua Infrastructure LLC, provides non-utility raw water supply services for firms in the natural gas drilling industry. Aqua America, Inc. (NYSE:WTR) Recent Trading Information
Aqua America, Inc. (NYSE:WTR) closed its last trading session up +0.43 at 32.16 with 1,196,357 shares trading hands.
