FIRSTCASH, INC. (NYSE:FCFS) 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.
Meeting of Shareholders (the Annual Meeting). Of the 48,302,192
issued and outstanding shares of common stock entitled to vote at
the meeting, 45,589,913 of the shares voted in person or by proxy,
representing 94.38% of the total eligible voting shares.
Company’s shareholders at the Annual Meeting and the final voting
results for each proposal are set forth below.
|
1.
|
The shareholders elected the three director nominees
for a term of three years. The voting results are as follows: |
||||
|
|
|
For
|
Withheld
|
Broker Non-Votes
|
|
|
|
Daniel E. Berce
|
38,526,076
|
4,873,544
|
2,190,293
|
|
|
|
|
|
|
|
|
|
|
Mikel D. Faulkner
|
37,943,962
|
5,455,658
|
2,190,293
|
|
|
|
|
|
|
|
|
|
|
Randel G. Owen
|
42,990,899
|
408,721
|
2,190,293
|
|
|
|
|
|
|
|
|
|
|
The other directors with remaining terms are Mr. Rick
L. Wessel and James H. Graves, who will continue to serve until the 2018 Annual Meeting of Shareholders, and Mr. Daniel R. Feehan and Amb. Jorge Montao, who will continue to serve until the 2019 Annual Meeting of Shareholders. |
||||
|
|
|
|
|
|
|
|
2.
|
The shareholders ratified the selection of RSM LLP as
independent registered public accountant firm of the Company for the year ended December 31, 2017. The voting results are as follows: |
||||
|
|
For
|
Against
|
Abstain
|
|
|
|
|
45,534,281
|
13,114
|
42,518
|
|
|
|
|
|
|
|
|
|
|
3.
|
The shareholders approved, on an advisory basis, the
compensation of the Company’s named executive officers. The voting results are as follows: |
||||
|
|
For
|
Against
|
Abstain
|
Broker Non-Votes
|
|
|
|
39,143,261
|
4,213,930
|
42,429
|
2,190,293
|
|
|
|
|
|
|
|
|
|
4.
|
The shareholders approved, on an advisory basis, the
frequency of executive compensation votes to be every one year. The voting results are as follows: |
||||
|
|
1 Year
|
2 Years
|
3 Years
|
Abstain
|
|
|
|
34,956,084
|
10,094
|
8,407,155
|
26,287
|
|
|
|
|
|
|
|
|
|
|
The Company has considered the shareholder vote
regarding the frequency of shareholder advisory votes on executive officer compensation and determined that it will hold an advisory vote on its executive compensation every year until the next vote on frequency, which will be no later than the Companys Annual Meeting of Shareholders in 2023. |
About FIRSTCASH, INC. (NYSE:FCFS)
FirstCash, Inc., formerly First Cash Financial Services, Inc., is an operator of retail-based pawn stores in the United States and Mexico. The Company’s primary business is the operation of pawn stores, which make small pawn loans secured by personal property. Its pawn stores generate retail sales from the merchandise acquired through collateral forfeitures and over-the-counter purchases from customers. The Company’s pawn stores are a source for small consumer loans to help customers meet their short-term cash needs. In addition, some of its pawn stores offer small consumer loans or credit services products. As of December 31, 2015, the Company had 1,075 locations, consisting of 338 stores across 14 states of the United States, 705 stores across 29 states in Mexico and 32 stores in Guatemala. It operates a number of standalone consumer finance stores in Texas and Mexico, which provide consumer financial services products, including credit services and small unsecured consumer loans.
