ARMOUR Residential REIT, Inc. (NYSE:ARR) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k

8 years ago

ARMOUR Residential REIT, Inc. (NYSE:ARR) 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.

ARMOUR Residential REIT, Inc. (ARMOUR) held its 2017 annual
meeting of stockholders at 8:00 a.m. (EDT) on June 14, 2017, for
the purpose of: (i) electing nine (9) directors to ARMOURs Board
of Directors until its 2018 annual meeting of stockholders and
until their successors are duly elected and qualified; (ii)
ratifying the appointment of Deloitte Touche LLP (Deloitte) as
ARMOURs independent registered certified public accountants for
fiscal year 2017; and (iii) approving, by a non-binding advisory
vote, ARMOURs 2016 executive compensation. For more information
on the proposals described below, please refer to ARMOURs proxy
statement dated May 1, 2017. As of the record date of April 21,
2017, there were a total of 36,732,333 shares of common stock
outstanding and entitled to vote at the annual meeting. At the
annual meeting, 31,526,686 shares of common stock, or
approximately 85.8% of the shares outstanding and entitled to
vote at the annual meeting, were represented in person or by
proxy; therefore a quorum was present.

Proposal 1 To elect nine (9) directors to ARMOURs Board of
Directors until its 2018 annual meeting of stockholders and until
their successors are duly elected and qualified.

The nine (9) nominees proposed by ARMOURs Board of Directors were
each elected to serve as a director until ARMOURs annual meeting
of stockholders to be held in 2018 and until his or her successor
is duly elected and qualified. The voting results for each
nominee were as follows:



Nominee	For	Withheld	Broker Non-Votes

Scott J. Ulm	14,317,344	826,684	16,382,658
Jeffrey J. Zimmer	14,321,607	822,421	16,382,658
Daniel C. Staton	13,743,281	1,400,747	16,382,658
Marc H. Bell	12,659,865	2,484,163	16,382,658
Carolyn Downey	12,773,838	2,370,190	16,382,658
Thomas K. Guba	12,839,654	2,304,374	16,382,658
Robert C. Hain	12,782,866	2,361,162	16,382,658
John P. Hollihan, III	14,589,869	554,159	16,382,658
Stewart J. Paperin	14,581,085	562,943	16,382,658

Proposal 2 To ratify the appointment of Deloitte Touche LLP as
ARMOURs independent registered certified public accountants for
fiscal year 2017.

Stockholders voted to ratify the appointment of Deloitte as
ARMOURs independent registered certified public accountants for
the fiscal year ending December 31, 2017. The proposal received
the following final voting results:



For	Against	Abstain
30,916,553	475,452	134,681

Proposal 3 To approve, by a non-binding advisory vote, ARMOURs
2016 executive compensation.

Stockholders voted to approve, by a non-binding advisory vote,
ARMOURs 2016 executive compensation. The proposal received the
following final voting results:



For	Against	Abstain	Broker Non-Votes
13,834,923	1,001,372	307,733	16,382,658

About ARMOUR Residential REIT, Inc. (NYSE:ARR)
ARMOUR Residential REIT, Inc. (ARMOUR) is an externally managed real estate investment trust (REIT). The Company invests in residential mortgage backed securities issued or guaranteed by the United States Government-sponsored entity (GSE), such as the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac) or guaranteed by the Government National Mortgage Administration (Ginnie Mae) (collectively, Agency Securities). It also may invest in other securities backed by residential mortgages for which the payment of principal and interest is not guaranteed by a GSE or government agency (collectively, Non-Agency Securities). The Company’s securities portfolio consists primarily of Agency Securities backed by fixed rate home loans. The Company is externally managed by ARMOUR Capital Management LP.