GREIF, INC. (NYSE:GEF) Files An 8-K Submission of Matters to a Vote of Security Holders

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GREIF, INC. (NYSE:GEF) 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.
The Annual Meeting of Stockholders (the Annual Meeting) of the
Company was held on February 28, 2017. At the Annual Meeting, the
holders of the Companys Class B Common Stock (the Class B
Stockholders) voted on the following proposals and cast their votes
as described below.
Proposal 1
To elect as directors for one-year terms Michael J. Gasser, Peter
G. Watson, Vicki L. Avril, Bruce A. Edwards, Mark A. Emkes, John
F. Finn, Daniel J. Gunsett, Judith D. Hook, John W. McNamara and
Patrick J. Norton, the ten persons recommended by the Nominating
and Corporate Governance Committee (the Nominating Committee),
all of whom are currently directors of the Company.
PROPOSAL 001 ELECTION OF DIRECTORS
***
FOR
WITHHELD
VICKI L. AVRIL
19,614,150
55,825
BRUCE A. EDWARDS
19,640,970
29,005
MARK A. EMKES
19,664,229
5,746
JOHN F. FINN
19,640,757
29,218
MICHAEL J. GASSER
18,311,584
1,358,391
DANIEL J. GUNSETT
18,074,424
1,595,248
JUDITH D. HOOK
19,626,334
43,641
JOHN W. MCNAMARA
19,637,349
32,626
PATRICK J. NORTON
19,663,858
6,117
PETER G. WATSON
19,664,171
5,804
Proposal 2
To consider and act upon a proposal to amend a material term of
the Companys Performance-Based Incentive Compensation Plan,
hereinafter referred to as the Short Term Incentive Plan or STIP,
and to reaffirm the material terms of the STIP as modified and
described in the Company’s definitive Proxy Statement for its
2017 Annual Meeting of Stockholders (the “Proxy Statement”).
PROPOSAL 002 PROPOSAL TO MODIFY MATERIAL TERM OF
PERFORMANCE-BASED INCENTIVE PLAN AND REAFFIRMATION OF
MATERIAL TERMS OF SUCH PLAN
***
FOR
AGAINST
ABSTAIN
BROKER NON-VOTES
TOTAL SHARES VOTED
16,579,210
33,553
3,057,212
Proposal 3
To consider and vote upon the following resolution concerning the
compensation of the Companys named executive officers:
Resolved, that the Class B Common Stockholders hereby approve, on
an advisory basis, the compensation, as disclosed in the
Compensation Discussion and Analysis section and compensation
tables, as well as the other narrative executive compensation
disclosures, contained in the Companys Proxy Statement, of the
Companys named executive officers identified in the Proxy
Statement.
This vote was advisory and therefore is not binding upon the
Board. However, the Compensation Committee will take into account
the outcome of the vote when considering future executive
compensation arrangements.
PROPOSAL 003 ADVISORY VOTE ON COMPENSATION OF NAMED
EXECUTIVE OFFICERS
***
FOR
AGAINST
ABSTAIN
BROKER NON-VOTES
TOTAL SHARES VOTED
19,602,686
32,677
34,612
Proposal 4
To consider and vote on the frequency of conducting future
advisory votes concerning the approval of the compensation of the
Companys named executive officers. Class B stockholders voted to
have a resolution concerning approval of the compensation of the
Companys named executive officers presented (a) every year, (b)
every two years or (c) every three years, or to abstain from such
vote if they desired. This vote was advisory and therefore is not
binding upon the Board.
PROPOSAL 004 ADVISORY VOTE ON FREQUENCY OF CONDUCTING
FUTURE ADVISORY VOTES ON COMPENSATION OF NAMED EXECUTIVE
OFFICERS
***
1 YEAR
2 YEARS
3 YEARS
ABSTAIN
TOTAL SHARES VOTED
8,421,546
40,112
10,795,812
397,409
Section 8 – Other Events
Item 8.01.
Other Events.
On February 23, 2017, Greif, Inc. issued a statement concerning
its Commitment to Health, Safety and Environmental Protection, a
copy of which is attached as Exhibit 99.1 to this Current Report
on Form 8-K.
Section 9 – Financial Statements and Exhibits
Item 9.01.
Financial Statements and Exhibits.
(d)
Exhibits.
Exhibit No.
Description
99.1
Greif’s statement concerning its Commitment to Health,
Safety and Environmental Protection issued on February
23,2017


About GREIF, INC. (NYSE:GEF)

Greif, Inc. is a producer of industrial packaging products and services. The Company operates through four business segments: Rigid Industrial Packaging & Services; Paper Packaging; Flexible Products & Services, and Land Management. In the Rigid Industrial Packaging & Services segment, the Company produces rigid industrial packaging products, including steel, fire and plastic drums, rigid intermediate bulk containers and closure systems, and offers services, such as container life cycle management, blending, filling, logistics, warehousing and other packaging services. In the Paper Packaging segment, the Company sells containerboard, corrugated sheets, corrugated containers and other corrugated products. In the Flexible Products & Services segment, the Company produces flexible intermediate bulk containers and offers related services. In the Land Management segment, the Company is focused on the harvesting and regeneration of the United States timber properties.

GREIF, INC. (NYSE:GEF) Recent Trading Information

GREIF, INC. (NYSE:GEF) closed its last trading session up +3.03 at 60.06 with 258,770 shares trading hands.