COSTAR GROUP, INC. (NASDAQ:CSGP) 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.
statement dated April 24, 2017, were submitted to a vote of the
stockholders of CoStar Group at the Companys 2017 Annual Meeting
held on June 6, 2017. The final voting results are as follows:
(1)
|
The following nominees were elected to our Board to serve
until the next annual meeting of the Companys stockholders or until his or her successor is elected and qualified: Michael R. Klein, Andrew C. Florance, Laura Cox Kaplan, Michael J. Glosserman, Warren H. Haber, John W. Hill, Christopher J. Nassetta and David J. Steinberg. |
Name
|
Votes For
|
Votes Against
|
Abstentions
|
Broker Non-Votes
|
Michael R. Klein
|
29,275,172
|
819,470
|
22,225
|
682,545
|
Andrew C. Florance
|
29,812,869
|
281,070
|
22,928
|
682,545
|
Laura Cox Kaplan
|
30,000,353
|
93,996
|
22,518
|
682,545
|
Michael J. Glosserman
|
29,908,478
|
185,552
|
22,837
|
682,545
|
Warren H. Haber
|
29,441,456
|
652,575
|
22,836
|
682,545
|
John W. Hill
|
29,989,721
|
104,352
|
22,794
|
682,545
|
Christopher J. Nassetta
|
29,581,852
|
472,990
|
62,025
|
682,545
|
David J. Steinberg
|
29,997,424
|
96,727
|
22,716
|
682,545
|
(2)
|
The appointment of Ernst Young, LLP as our independent
registered public accounting firm for the fiscal year ending December 31, 2017 was ratified upon the following vote: |
Votes For
|
30,595,561
|
Votes Against
|
182,043
|
Abstentions
|
21,808
|
(3)
|
The advisory resolution on executive compensation was
approved upon the following vote: |
Votes For
|
26,267,653
|
Votes Against
|
3,633,926
|
Abstentions
|
215,288
|
Broker Non-Votes
|
682,545
|
(4)
|
Stockholders voted, on an advisory basis, on the preferred
frequency of conducting future advisory votes on executive compensation as follows: |
Votes for One Year
|
28,468,212
|
Votes for Two Years
|
11,648
|
Votes for Three Years
|
1,613,953
|
Abstentions
|
23,054
|
Broker Non-Votes
|
682,545
|
previously approved recommendation of the Companys Board of
Directors to its stockholders, the Company has adopted a policy
to conduct an advisory vote on executive compensation every year
until the next advisory vote on the frequency of conducting
future advisory votes on executive compensation, which is
expected to occur no later than the Companys Annual Meeting of
Stockholders in 2023.
About COSTAR GROUP, INC. (NASDAQ:CSGP)
CoStar Group, Inc. (CoStar) is a provider of information, analytics and online marketplaces to the commercial real estate industry. It manages its business through two segments: North America, which includes the United States and parts of Canada, and International, which includes parts of the United Kingdom, Spain and France. The Company owns and operates online marketplaces for commercial real estate and apartment listings in the United States. It has created and compiled its standardized platform of information, analytics and online marketplace services where industry professionals and consumers of commercial real estate, including apartments, and the related business communities, can interact and facilitate transactions by accessing and exchanging standardized real estate-related information. Its service offerings span all commercial property types, including office, retail, industrial, multifamily, commercial land, mixed-use and hospitality.