Capital Senior Living Corporation (NYSE:CSU) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07
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Submission of Matters to a Vote of Security Holders. |
At the 2017 Annual Meeting (the Annual Meeting) of
Stockholders of Capital Senior Living Corporation (the
Company) held on May16, 2017, Proposals 1, 2, 3 and 4 were
approved by the Companys stockholders and no other business was
properly brought before the Annual Meeting. The proposals are
described in detail in the definitive proxy statement (the
Proxy Statement) filed by the Company with the Securities
and Exchange Commission (the SEC) on April14, 2017. The
voting results of the Annual Meeting are set forth below.
Proposal 1 Election of Directors The Companys stockholders
elected Lawrence A. Cohen, E. Rodney Hornbake and Kimberly S.
Lody to each serve as a director of the Company for three-year
terms expiring in 2020. The voting results for each of these
individuals were as follows:
|
Director |
VotesFOR |
Votes |
BrokerNon-Votes |
|||
|
WITHHELD |
||||||
| LawrenceA.Cohen | 22,483,386 | 509,538 | 2,660,605 | |||
| E.RodneyHornbake | 22,478,471 | 514,453 | 2,660,605 | |||
| KimberlyS.Lody | 22,472,366 | 520,558 | 2,660,605 |
Proposal 2 Ratification of the Appointment of the Companys
Independent Auditors The Companys stockholders ratified the
appointment of Ernst Young LLP as the Companys independent
auditors for the fiscal year ending December31, 2017. The voting
results were 25,367,806 shares FOR, 196,111
shares AGAINST, and 89,612 abstentions.
Proposal 3 Advisory Vote on Executive Compensation The
Companys stockholders approved, on an advisory (non-binding)
basis, the compensation of the Companys named executive officers,
as disclosed in the Proxy Statement in accordance with the
compensation disclosure rules of the SEC. The voting results were
22,258,859 shares FOR, 606,574 shares
AGAINST, 127,491 abstentions, and 2,660,605
broker non-votes.
Proposal 4 Advisory Vote on the Frequency of an Advisory Vote
on Executive Compensation The Companys stockholders voted, on
an advisory (nonbinding) basis, for the option of every one year
as the preferred frequency for advisory votes on the Companys
executive compensation. The voting results were as follows:
|
Frequency |
VotesFOR | |
|
Every One Year |
21,377,583 | |
|
Every Two Years |
8,207 | |
|
Every Three Years |
1,474,460 |
There were 132,674 abstentions and 2,660,605 broker non-votes
with respect to Proposal 4.
Consistent with a majority of the votes cast with respect to
Proposal 4, the Companys Board of Directors has determined that
the Company will hold a stockholder vote on the compensation of
the Companys named executive officers once every year until the
next required vote on the frequency of stockholder votes on the
compensation of the Companys named executive officers as required
to Section14(A) of the Securities Exchange Act of 1934, as
amended, and the rules and regulations promulgated thereunder.
About Capital Senior Living Corporation (NYSE:CSU)
Capital Senior Living Corporation is an operator of senior living communities in the United States in terms of resident capacity. The Company operates over 10 senior living communities in approximately 20 states, including over 70 senior living communities, which the Company owns and over 50 senior living communities the Company leases. The Company also operates a home care agency. The Company provides senior living services to the elderly, including independent living and assisted living services, and also provides home care services at one of its communities. The Company also fosters the wellness of its residents by offering access to health screenings, such as blood pressure checks; periodic special services, such as influenza inoculations; dietary and similar programs, as well as ongoing exercise and fitness classes. It offers a range of assisted living care and services, including personal care services, around the clock staffing, support services and supplemental services. Capital Senior Living Corporation (NYSE:CSU) Recent Trading Information
Capital Senior Living Corporation (NYSE:CSU) closed its last trading session up +0.13 at 13.91 with 443,461 shares trading hands.