Grand Canyon Education, Inc. (NASDAQ:LOPE) 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. |
On June14, 2017, Grand Canyon Education, Inc. (the Company) held
its 2017 Annual Meeting of Stockholders (the Annual Meeting). The
total number of shares of the Companys common stock, par value of
$0.01 per share, voted in person or by proxy at the Annual
Meeting was 43,643,951, representing approximately 91% of the
47,897,371 shares that were outstanding and entitled to vote. The
following matters, which were described in the Company definitive
Proxy Statement filed with the Securities and Exchange Commission
on April28, 2017, were voted upon at the Annual Meeting, and the
number of votes cast for, against or withheld, as well as
abstentions and broker non-votes, if applicable, with respect to
each such matter is set forth below.
| 1) |
The stockholders elected the nominees listed below as Directors of the Company, each to serve until the Companys 2018 Annual Meeting of Stockholders or until his or her respective successor is elected and qualified or until his or her earlier resignation or removal. |
|
Director |
For | Against | Abstain | NonVotes | ||||
| Brian E. Mueller | 42,007,131 | 373,514 | 31,849 | 1,231,817 | ||||
| Sara R. Dial | 42,269,229 | 142,218 | 1,231,817 | |||||
| Jack A. Henry | 42,391,028 | 20,419 | 1,231,817 | |||||
| Kevin F. Warren | 42,385,717 | 25,830 | 1,231,817 | |||||
| David J. Johnson | 42,409,467 | 1,980 | 1,231,817 |
| 2) |
The stockholders approved the adoption of the 2017 Equity Incentive Plan. |
| For | Against | Abstain | BrokerNonVotes | |||||
|
2017EquityIncentivePlan |
39,853,794 | 2,547,160 | 11,180 | 1,231,817 |
| 3) |
The stockholders approved, on an advisory basis, the compensation of our named executive officers. |
| For | Against | Abstain | BrokerNonVotes | |||||
|
Compensation of Officers |
41,233,944 | 872,176 | 306,014 | 1,231,817 |
| 4) |
The stockholders approved, on an advisory basis, the frequency of future advisory votes on executive compensation. |
| EveryYear | Every2Years | Every3Years | Abstain | BrokerNonVotes | ||||||
|
FrequencyofAdvisoryVotes |
38,680,247 | 3,694 | 3,721,768 | 6,425 | 1,231,817 |
| 5) |
The stockholders ratified the appointment of KPMG LLP as the Companys independent registered public accounting firm for the fiscal year ending December31, 2017. |
| For | Against | Abstain | ||||
| Ratification of KPMG LLP | 43,593,504 | 49,947 |
| Item9.01. | Financial Statements and Exhibits |
(d) Exhibits
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ExhibitNo. |
Document |
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| 10.1 |
Grand Canyon Education Inc., 2017 Equity Incentive Plan (effective June14, 2017). |
About Grand Canyon Education, Inc. (NASDAQ:LOPE)
Grand Canyon Education, Inc. is a regionally accredited university. The Company offers approximately 200 graduate and undergraduate degree programs and certificates across approximately eight colleges both online and on ground in Phoenix, Arizona and at leased facilities and at facilities owned by third-party employers of its students. The Company offers the degrees of Doctor of Education, Doctor of Business Administration, Doctor of Nursing Practice, Doctor of Philosophy, Education Specialist, Master of Divinity, Master of Arts, Master of Education, Master of Business Administration and Master of Public Administration, Master of Public Health, Master of Science, Bachelor of Arts, Bachelor of Science, and a range of programs for its degrees. It also offers certificate programs, which consist of a series of courses focused on a particular area of study for its students.
