Kraton Corporation (NYSE:KRA) 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.
Annual General Meeting of Stockholders (the “Meeting”). A total
of 28,675,248 shares were represented in person or by proxy at the
Meeting. The Company’s stockholders considered four proposals as
described in the Company’s proxy statement filed with the U.S.
Securities and Exchange Commission on April 14, 2017. The final
results of the voting on each matter submitted to the Company’s
stockholders at the Meeting are set forth below.
elected all three nominees for Class II director by the vote shown
below.
|
Nominee
|
Votes For
|
Votes Withheld
|
Broker Non-Votes
|
|
Dominique Fournier
|
26,408,669
|
220,532
|
2,046,047
|
|
John J. Gallagher, III
|
26,406,100
|
223,101
|
2,046,047
|
|
Francis S. Kalman
|
26,406,310
|
222,891
|
2,046,047
|
Named Executive Officers. The stockholders approved, on an advisory
basis, the compensation of the Company’s named executive officers.
|
Votes For
|
Votes Against
|
Abstentions
|
Broker Non-Votes
|
|
26,448,398
|
164,557
|
16,246
|
2,046,047
|
the Advisory Vote on the Compensation of the Company’s Named
Executive Officers. The stockholders approved, on an advisory
basis, that future advisory votes on the compensation of the
Company’s named executive officers be held on an annual basis.
|
Votes For “1 Year”
|
Votes For “2 Years”
|
Votes For “3 Years”
|
Abstentions
|
|
21,471,618
|
14,831
|
5,135,652
|
7,100
|
“Board”) considered the outcome of this advisory vote and
determined, as was recommended with respect to this proposal by
the Board in the Company’s proxy statement for the Meeting, that
the Company intends to hold future advisory votes on the
compensation of the Company’s named executive officers
(“say-on-pay votes”) on an annual basis, until the occurrence
of the next advisory vote on the frequency of say-on-pay votes.
The next advisory vote regarding the frequency of say-on-pay
votes is required to occur no later than the Companys 2023 Annual
General Meeting of Stockholders.
Public Accounting Firm.>>The stockholders ratified the
retention of KPMG LLP as the Company’s independent registered
public accounting firm for the year ending December 31, 2017.
|
Votes For
|
Votes Against
|
Abstentions
|
Broker Non-Votes
|
|
28,460,166
|
207,969
|
7,113
|
|
About Kraton Corporation (NYSE:KRA)
Kraton Corporation, formerly Kraton Performance Polymers, Inc., is a specialty chemicals company. The Company manufactures styrenic block copolymers (SBCs) and other engineered polymers. The Company also produces specialty products primarily derived from pine wood pulping co-products. It operates through the manufacturing and marketing of engineered polymers segment. Its SBCs are used in a range of applications, including adhesives, coatings, consumer and personal care products, sealants, lubricants, medical, packaging, automotive, paving, roofing and footwear products. It also sells isoprene rubber (IR) and isoprene rubber latex (IRL), which are non-SBC products primarily used in applications, such as medical products, personal care, adhesives, tackifiers, paints and coatings. Kraton Corporation (NYSE:KRA) Recent Trading Information
Kraton Corporation (NYSE:KRA) closed its last trading session down -0.37 at 33.39 with 188,645 shares trading hands.
