Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) 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.
held on June 2, 2017, the shareholders of Fortress Transportation
and Infrastructure Investors LLC (the Company) voted on the
matters described below.
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1.
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The Companys shareholders elected two Class II directors,
who comprise all the directors of such class, to serve until the 2020 Annual Meeting of Shareholders and until their respective successors are duly elected or appointed and qualified. The numbers of shares that voted for the election of such directors, withheld authority to vote for such directors, and represented broker non-votes with respect to this proposal are summarized in the table below. |
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Director Nominee
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Votes For
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Votes Withheld
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Broker Non-Votes*
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|||
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Joseph P. Adams, Jr.
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26,008,984
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6,582,391
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13,447,299
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|||
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Martin Tuchman
|
27,106,910
|
5,484,465
|
13,447,299
|
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* Broker non-votes are instances where a broker holding
shares of record for a beneficial owner does not vote the shares because it has not received voting instructions from the beneficial owner and therefore is precluded by the rules of the New York Stock Exchange (NYSE) from voting on a particular matter. Under NYSE rules, when a broker holding shares in street name does not receive voting instructions from a beneficial owner, the broker has discretionary authority to vote on certain routine matters but is prohibited from voting on non-routine matters. Brokers who did not receive instructions were not entitled to vote on the election of directors, but they were entitled to vote on the ratification of the appointment of the independent registered public accounting firm. |
|
2.
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The Companys shareholders ratified the appointment of
Ernst Young LLP as the Companys independent registered public accounting firm for the fiscal year ending December 31, 2017. The numbers of shares that voted for, against and abstained from voting for or against the ratification of the selection of Ernst Young LLP are summarized in the table below. |
|
Votes For
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Votes Against
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Abstentions
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||
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45,943,343
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21,713
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73,618
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About Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI)
Fortress Transportation and Infrastructure Investors LLC owns and acquires infrastructure and equipment that is essential for the transportation of goods and people across the world. The Company operates through five segments Aviation Leasing, Offshore Energy, Shipping Containers, Jefferson Terminal and Railroad. The Aviation Leasing segment consists of aircraft and aircraft engines held for lease for long-term. The Offshore Energy segment consists of vessels and equipment that support offshore oil and gas activities and held for long-term operating leases. The Shipping Containers segment consists of an investment in an unconsolidated entity engaged in the acquisition and leasing of shipping containers on both an operating lease and finance lease basis. The Jefferson Terminal segment consists of a multi-modal crude and refined products terminal and other related assets. The Railroad segment consists of the Company’s Central Maine and Quebec Railway (CMQR). Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) Recent Trading Information
Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) closed its last trading session up +0.09 at 16.03 with 122,991 shares trading hands.
