BANK OF AMERICA CORPORATION (LON:BAC) 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.
(a) On April 26, 2017, Bank of America Corporation (the
Corporation) held its 2017 Annual Meeting of Stockholders.
Corporation) held its 2017 Annual Meeting of Stockholders.
(b) The Corporations stockholders elected all of the nominees for
director; approved the advisory vote on executive compensation;
and ratified the appointment of PricewaterhouseCoopers LLP as the
Corporations independent registered public accounting firm for
2017. The Corporations stockholders did not approve the
stockholder proposals listed below. With respect to all matters
subject to a vote, holders of the Corporations common stock,
Series B Preferred Stock, and Series 1 to 5 Preferred Stock voted
together as a class.
director; approved the advisory vote on executive compensation;
and ratified the appointment of PricewaterhouseCoopers LLP as the
Corporations independent registered public accounting firm for
2017. The Corporations stockholders did not approve the
stockholder proposals listed below. With respect to all matters
subject to a vote, holders of the Corporations common stock,
Series B Preferred Stock, and Series 1 to 5 Preferred Stock voted
together as a class.
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1. Election of Directors:
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Shares For
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Shares Against
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Shares Abstain
|
Broker
Non-Votes
|
|||||||||||||
|
Sharon L. Allen
|
7,057,281,252
|
50,591,213
|
39,478,819
|
1,522,769,613
|
||||||||||||
|
Susan S. Bies
|
7,055,751,956
|
52,300,617
|
39,288,223
|
1,522,769,613
|
||||||||||||
|
Jack O. Bovender, Jr.
|
6,953,499,448
|
152,031,212
|
41,818,945
|
1,522,769,613
|
||||||||||||
|
Frank P. Bramble, Sr.
|
7,007,895,932
|
97,618,028
|
41,837,032
|
1,522,769,613
|
||||||||||||
|
Pierre J.P. de Weck
|
7,044,461,495
|
60,979,047
|
41,908,675
|
1,522,769,613
|
||||||||||||
|
Arnold W. Donald
|
6,429,422,815
|
675,835,310
|
42,063,159
|
1,522,799,613
|
||||||||||||
|
Linda P. Hudson
|
7,020,337,851
|
87,602,595
|
39,407,507
|
1,522,769,613
|
||||||||||||
|
Monica C. Lozano
|
7,009,660,452
|
96,901,059
|
40,783,454
|
1,522,769,613
|
||||||||||||
|
Thomas J. May
|
6,849,741,880
|
245,745,271
|
51,864,097
|
1,522,769,613
|
||||||||||||
|
Brian T. Moynihan
|
6,842,814,025
|
234,004,892
|
70,524,388
|
1,522,769,613
|
||||||||||||
|
Lionel L. Nowell, III
|
7,049,561,148
|
55,210,705
|
42,577,669
|
1,522,769,613
|
||||||||||||
|
Michael D. White
|
7,042,134,487
|
63,000,579
|
42,208,218
|
1,522,777,613
|
||||||||||||
|
Thomas D. Woods
|
7,055,172,390
|
50,142,709
|
42,036,071
|
1,522,769,613
|
||||||||||||
|
R. David Yost
|
7,046,317,777
|
59,089,092
|
41,944,415
|
1,522,769,613
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||||||||||||
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2. Approving the Corporations Executive Compensation
(an Advisory, Non-binding Say on Pay Resolution): |
||
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For
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6,748,773,608
|
|
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Against
|
311,621,707
|
|
|
Abstain
|
86,980,262
|
|
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Broker Non-Votes
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1,522,739,613
|
|
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3. A Vote on the Frequency of Future Advisory Say on
Pay Resolutions (an Advisory, Non-binding Say on Frequency Resolution): |
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Each Year
|
6,294,554,794
|
|
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Every 2 Years
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47,966,351
|
|
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Every 3 Years
|
753,253,513
|
|
|
Abstain
|
51,531,043
|
|
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Broker Non-Votes
|
1,522,769,613
|
|
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4. Ratifying the Appointment of the Corporations
Independent Registered Public Accounting Firm for 2017: |
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For
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8,500,848,556
|
|
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Against
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121,051,558
|
|
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Abstain
|
48,216,631
|
|
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5. Stockholder Proposal – Clawback Amendment:
|
||
|
For
|
409,952,750
|
|
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Against
|
6,667,665,545
|
|
|
Abstain
|
69,678,569
|
|
|
Broker Non-Votes
|
1,522,769,613
|
|
|
6. Stockholder Proposal – Divestiture Division Study
Sessions: |
||
|
For
|
211,190,123
|
|
|
Against
|
6,835,952,543
|
|
|
Abstain
|
100,203,770
|
|
|
Broker Non-Votes
|
1,522,769,613
|
|
|
7. Stockholder Proposal – Independent Board Chairman:
|
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|
For
|
2,338,428,105
|
|
|
Against
|
4,753,597,091
|
|
|
Abstain
|
55,275,426
|
|
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Broker Non-Votes
|
1,522,769,613
|
|
|
8. Stockholder Proposal – Report Concerning Gender Pay
Equity: |
||
|
For
|
1,006,988,230
|
|
|
Against
|
5,803,509,425
|
|
|
Abstain
|
336,843,610
|
|
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Broker Non-Votes
|
1,522,769,613
|
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(d) In light of the vote on Proposal 3 and the Corporations Board
of Directors recommendation that stockholders vote to hold future
advisory votes on executive compensation each year, the
Corporation will hold such vote each year until the next required
vote on the frequency of stockholders votes on the compensation
of executives.
of Directors recommendation that stockholders vote to hold future
advisory votes on executive compensation each year, the
Corporation will hold such vote each year until the next required
vote on the frequency of stockholders votes on the compensation
of executives.
BANK OF AMERICA CORPORATION (LON:BAC) Recent Trading Information
BANK OF AMERICA CORPORATION (LON:BAC) closed its last trading session up +10.15 at 24.15 with 0 shares trading hands.