Builders FirstSource, Inc. (NASDAQ:BLDR) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07
The Company’s annual meeting of stockholders was held on May 24, 2017. The owners of 104,795,785 shares of the Company’s common stock, representing 93.3% of the voting power of all of the shares of common stock issued and outstanding on March 31, 2017, the record date for the meeting, were represented at the annual meeting. Each share of common stock was entitled to one vote at the annual meeting.
Our stockholders elected each of the following individuals as a director of the Company for a term of three years: Mr. Paul S. Levy (92,929,488 votes in favor and 329,140 votes withheld), Mr. Cleveland A. Christophe (92,263,148 votes in favor and 995,480 votes withheld), and Mr. Craig A. Steinke (88,758,566 votes in favor and 4,500,062 votes withheld). There were 11,537,157 broker non-votes with regard to the election of directors.
In a non-binding vote, our stockholders approved the 2016 compensation for the Company’s named executive officers, including the Company’s compensation practices and principles and their implementation, with 92,013,328 votes in favor, 1,230,918 votes against, 14,382 abstentions, and 11,537,157 broker non-votes.
In a non-binding vote on the frequency of advisory votes on executive compensation, our stockholders selected an annual vote, with 36,299,615 votes for three years, 65,590 votes for two years, 56,242,176 votes for one year, 651,247 abstentions, and 11,537,157 broker non-votes.
Our stockholders ratified the appointment of PricewaterhouseCoopers LLP as our independent registered public accounting firm for the year ending December 31, 2017, with 103,159,491 votes in favor, 646,897 votes against, and 989,397 abstentions.
About Builders FirstSource, Inc. (NASDAQ:BLDR)
Builders FirstSource, Inc. is a supplier and manufacturer of building materials, manufactured components and construction services to professional contractors, sub-contractors and consumers. The Company’s operating segments include Northeast, Southeast, South and West. It offers solution to its customers providing manufacturing, supply and installation of a range of structural and related building products. Its manufactured products include factory-built roof and floor trusses, wall panels and stairs, vinyl windows, custom millwork and trim, as well as engineered wood that it designs, cuts and assembles for each home. The Company also assembles interior and exterior doors into pre-hung units. Additionally, it supplies customers with offering of professional grade building products, such as dimensional lumber and lumber sheet goods, and various window, door and millwork lines. Its range of construction-related services includes professional installation, framing and shell construction Builders FirstSource, Inc. (NASDAQ:BLDR) Recent Trading Information
Builders FirstSource, Inc. (NASDAQ:BLDR) closed its last trading session up +0.04 at 13.81 with 891,336 shares trading hands.