EMC INSURANCE GROUP INC. (NASDAQ:EMCI) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07
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Submission of Matters to a Vote of Security Holders
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its annual meeting of stockholders (the “Annual Meeting”). At the
Annual Meeting stockholders: 1) elected the five Board of Director
nominees to serve as directors of the Company for the ensuing year,
2) approved, by a non-binding advisory vote, the compensation of
the Company’s named executive officers as disclosed in the proxy
statement, 3) approved, by a non-binding advisory vote, to hold
annual advisory votes on the compensation of the Company’s named
executive officers for the next six years, 4) approved the
Employers Mutual Casualty Company 2017 Stock Incentive Plan, 5)
approved the Company’s 2017 Non-Employee Director Stock Plan, and
6) ratified the appointment of Ernst Young LLP as the Company’s
independent registered public accounting firm for the current
fiscal year.
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Proposal 1:
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Election of Directors:
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Broker
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Nominee
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For
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Against
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Abstain
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Non-Votes
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Stephen A. Crane
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17,925,438
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135,471
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17,280
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2,596,185
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Jonathan R. Fletcher
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17,931,614
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130,146
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16,429
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2,596,185
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Robert L. Howe
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17,947,797
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112,983
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17,409
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2,596,185
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Bruce G. Kelley
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17,972,135
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100,467
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5,587
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2,596,185
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Gretchen H. Tegeler
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17,958,886
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101,824
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17,479
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2,596,185
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Proposal 2:
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Advisory vote on the compensation of the Company’s named
executive officers as disclosed in the proxy statement: |
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Broker
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For
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Against
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Abstain
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Non-Votes
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17,823,254
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185,737
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69,198
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2,596,185
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Proposal 3:
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Advisory vote on the frequency of future advisory votes
on the compensation of the Company’s named executive officers: |
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1 Year
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2 Years
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3 Years
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Abstain
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15,427,775
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22,531
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2,604,136
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23,747
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recommendation and the vote of stockholders, to hold the advisory
vote on the compensation of the Companys named executive officers
on an annual basis for the next six years. The next required vote
on the frequency with which the Company should seek an advisory
vote on the compensation of the named executive officers will
occur at the Company’s 2023 annual meeting of stockholders.
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Proposal 4:
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Approval of the Employers Mutual Casualty Company 2017
Stock Incentive Plan: |
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Broker
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For
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Against
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Abstain
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Non-Votes
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17,788,276
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273,647
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16,266
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2,596,185
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Proposal 5:
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Approval of the Company’s 2017 Non-Employee Director
Stock Plan: |
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Broker
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For
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Against
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Abstain
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Non-Votes
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17,876,892
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180,748
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20,549
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2,596,185
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Proposal 6:
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Ratification of the appointment of Ernst Young LLP as the
Company’s independent registered public accounting firm for the current fiscal year: |
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Broker
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For
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Against
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Abstain
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Non-Votes
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20,518,971
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143,464
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11,939
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–
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About EMC INSURANCE GROUP INC. (NASDAQ:EMCI)
EMC Insurance Group Inc. is an insurance holding company. The Company operates through two segments: Property and Casualty Insurance and Reinsurance segment. It conducts its property and casualty insurance operations through its subsidiaries, including EMCASCO Insurance Company, Illinois EMCASCO Insurance Company and Dakota Fire Insurance Company, and its reinsurance operations through its subsidiary, EMC Reinsurance Company. The property and casualty insurance operations are integrated with the property and casualty insurance operations of Employers Mutual Casualty Company (Employers Mutual). The principal business activity of EMC Reinsurance Company is to assume through a quota share reinsurance agreement the voluntary reinsurance business written by Employers Mutual with unaffiliated insurance companies. The Company focuses on the sale of commercial lines of property and casualty insurance to small and medium-sized businesses. EMC INSURANCE GROUP INC. (NASDAQ:EMCI) Recent Trading Information
EMC INSURANCE GROUP INC. (NASDAQ:EMCI) closed its last trading session up +0.30 at 27.19 with 9,636 shares trading hands.
