Allegheny Technologies Incorporated (NYSE:ATI) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03
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Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
Allegheny Technologies Incorporated (the Company) approved the
Companys 2017 Incentive Plan (the 2017 Incentive Plan) at the
Companys Annual Meeting of Stockholders (the Annual Meeting) held
on May 11, 2017.
in the Companys definitive proxy statement, dated March 30, 2017
(the 2017 Proxy Statement), and the full text of the 2017
Incentive Plan, which was filed as Appendix A to the 2017 Proxy
Statement, are incorporated herein by reference.
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Item 5.07
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Submission of Matters to a Vote of Security Holders.
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Meeting on May 11, 2017. As disclosed in the Companys proxy
materials for the Annual Meeting, the following proposals were
considered and voted upon at the Annual Meeting: (1) the election
of three directors for three-year terms expiring in 2020; (2)
approval of the 2017 Incentive Plan; (3) an advisory vote
regarding the frequency with which the Company will conduct a
non-binding vote to approve the compensation paid annually to its
named executive officers; (4) an advisory vote regarding the
compensation paid to the Companys named executive officers in
2016; and (5) ratification of the appointment of Ernst Young LLP
(EY) as independent auditors for the Companys fiscal year ending
December 31, 2017. Voting results for each such matter are
provided below.
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1.
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James C. Diggs, J. Brett Harvey and David J. Morehouse were
elected to serve as Directors of the Company for three-year terms ended in 2020. Votes were cast as follows: |
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NAME
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FOR
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WITHHELD
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BROKER
NON-VOTES
|
||||
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James C. Diggs
|
80,987,799
|
3,818,005
|
15,355,147
|
||||
|
J. Brett Harvey
|
76,632.522
|
8,173,006
|
15,355,147
|
||||
|
David J. Morehouse
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71,595,445
|
13,210,383
|
15,355,147
|
||||
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2.
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The adoption of the 2017 Incentive Plan was approved. Votes
were cast as follows: |
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FOR
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AGAINST
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ABSTENTIONS
|
BROKER
NON-VOTES
|
|||
|
79,139,176
|
5,474,031
|
192,622
|
15,355,147
|
|
3.
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By advisory vote, the Companys stockholders approved the
recommendation by the Companys Board of Directors that the Company conduct an annual advisory vote regarding the compensation paid to its named executive officers. Votes were cast as follows: |
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1 YEAR
|
2 YEARS
|
3 YEARS
|
ABSTENTIONS
|
BROKER
NON-VOTES
|
||||
|
79,515,961
|
299,562
|
4,788,696
|
201,639
|
15,355,147
|
|
4.
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By advisory vote, the Companys stockholders approved the
2016 compensation of the Companys named executive officers. Votes were cast as follows: |
|
FOR
|
AGAINST
|
ABSTENTIONS
|
BROKER
NON-VOTES
|
|||
|
81,883,075
|
2,657,087
|
265,697
|
15,355,147
|
|
5.
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The Companys stockholders ratified the selection of EY as
the Companys independent auditors for 2017. Votes were cast as follows: |
|
FOR
|
AGAINST
|
ABSTENTIONS
|
||
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95,911,337
|
4,063,115
|
186,554
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About Allegheny Technologies Incorporated (NYSE:ATI)
Allegheny Technologies Incorporated (ATI) is a specialty materials and components producer. The Company operates through two business segments: High Performance Materials & Components and Flat Rolled Products. ATI’s products include titanium and titanium alloys, nickel-based alloys and specialty steels, precision forgings, castings and machined components, zirconium and related alloys, precision and engineered stainless steel strip, and grain-oriented electrical steel. Its standard products include specialty stainless sheet and stainless steel plate. It is engaged in the production of titanium alloys, nickel-based and cobalt-based alloys and superalloys, and vacuum-melted specialty alloys used in the manufacture of components for both commercial and military jet engines, as well as replacement parts for those engines. It also produces titanium alloys, vacuum-melted specialty alloys and stainless alloys for use in commercial and military airframes, airframe components and missiles. Allegheny Technologies Incorporated (NYSE:ATI) Recent Trading Information
Allegheny Technologies Incorporated (NYSE:ATI) closed its last trading session up +0.13 at 15.46 with 2,347,423 shares trading hands.
