UNIVERSAL FOREST PRODUCTS, INC. (NASDAQ:UFPI) 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
On April18, 2017, the Company held its 2017 Annual Meeting of
Shareholders. The matters listed below were submitted to a vote of
the shareholders through the solicitation of proxies; the proposals
are described in detail in the Companys Proxy Statement dated March
9, 2017. The voting results are as follows:
Proposal 1 Election of Directors
The following individuals were elected to serve as directors of the
Company to hold office until the 2020 Annual Meeting of
Shareholders, under the terms of the Company’s Bylaws:
|
Nominee |
For |
Against |
Abstain |
Broker Non-Votes |
||||
|
Gary F. Goode |
17,692,432 |
229,721 |
10,622 |
964,458 |
||||
|
Mary E. Tuuk |
17,846,044 |
76,127 |
10,604 |
964,458 |
||||
|
Michael G. Wooldridge |
17,841,029 |
79,743 |
12,003 |
964,458 |
Proposal 2 Approval of Amendment to the Articles of Incorporation
to add an additional 40,000,000 shares of common stock.
The shareholders approved the Amendment to the Articles of
Incorporation to add an additional 40,000,000 shares of common
stock.
|
For |
Against |
Abstain |
|||||
|
15,137,263 |
3,619,813 |
140,157 |
Proposal 3 Ratification of the Appointment of Deloitte Touche LLP
as the Company’s Independent Registered Public Accounting Firm for
Fiscal 2017.
The shareholders ratified the appointment of Deloitte Touche LLP to
serve as the Company’s independent registered public accounting
firm for fiscal 2017.
|
For |
Against |
Abstain |
|||||
|
18,834,791 |
57,325 |
5,117 |
Proposal 4 Advisory (Non-Binding) Vote on Executive Compensation.
The shareholders approved the proposed resolution to approve the
compensation of the Company’s named executive officers, as
disclosed to the compensation disclosure rules of the SEC.
|
For |
Against |
Abstain |
Broker Non-Votes |
||||
|
13,121,916 |
4,737,393 |
73,466 |
964,458 |
About UNIVERSAL FOREST PRODUCTS, INC. (NASDAQ:UFPI)
Universal Forest Products, Inc. is a holding company. The Company, through its subsidiaries, supplies wood, wood composite and other products to three primary markets: retail, construction and industrial. Its industrial market serves as industrial manufacturers and other customers for packaging, material handling and other applications. The Company’s segments include North, South, West, Alternative Materials, International and Corporate divisions. The Company designs, manufactures and markets wood and wood-alternative products for national home centers and other retailers, structural lumber and other products for the manufactured housing industry, engineered wood components for residential and commercial construction, and specialty wood packaging, components and packing materials for various industries. The Company’s construction market consists of customers in three submarkets, including manufactured housing, residential construction and commercial construction. UNIVERSAL FOREST PRODUCTS, INC. (NASDAQ:UFPI) Recent Trading Information
UNIVERSAL FOREST PRODUCTS, INC. (NASDAQ:UFPI) closed its last trading session up +0.73 at 98.18 with 99,676 shares trading hands.
