GRANITE CONSTRUCTION INCORPORATED (NYSE:GVA) 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.
2017. A total of 37,760,498 shares of the Companys common stock
were present or represented by proxy at the meeting, representing
approximately 94.8% of the Companys shares outstanding as of the
April 12, 2017 record date. The final results of voting on each
of the matters submitted to a vote of the shareholders at the
Annual Meeting are as follows:
|
1.
|
The election of four (4) director nominees to serve for the
ensuing three-year term and until their successors are elected and qualified: |
|
Nominee
|
For
|
Against
|
Abstain
|
Broker Non-Votes
|
|
James H. Roberts
|
33,773,303
|
1,001,097
|
12,336
|
2,973,762
|
|
Gaddi H. Vasquez
|
34,451,110
|
323,090
|
12,536
|
2,973,762
|
|
David C. Darnell
|
34,337,309
|
421,338
|
28,089
|
2,973,762
|
|
Celeste B. Mastin
|
34,334,215
|
425,589
|
26,932
|
2,973,762
|
appointed by the Board on February 8, 2017:
|
For
|
Against
|
Abstain
|
Broker Non-Votes
|
|
34,447,281
|
312,394
|
27,061
|
2,973,762
|
|
2.
|
Advisory vote on the compensation of the Companys named
executive officers: |
|
For
|
Against
|
Abstain
|
Broker Non-Votes
|
|
33,373,429
|
1,298,806
|
114,501
|
2,973,762
|
the compensation of the Companys named executive
|
Every One Year
|
Every Two Years
|
Every Three Years
|
Abstain
|
Broker Non-Votes
|
|
29,006,095
|
139,431
|
5,526,429
|
114,781
|
2,973,762
|
as the Companys independent registered public
December 31, 2017:
|
For
|
Against
|
Abstain
|
|
|
37,222,652
|
487,824
|
50,022
|
above were elected to serve on the Companys Board of Directors
for the ensuing three-year term and until their successors are
duly elected, the directorship of one (1) director appointed by
the Board on February 8, 2017 was ratified, the compensation of
the named executive officers was approved on an advisory basis,
and the appointment of PricewaterhouseCoopers as the Companys
independent registered public accounting firm was ratified. A
majority of the shares that voted on the proposal regarding the
frequency of holding an advisory vote on the compensation of the
Companys named executive officers voted for a frequency of every
year. >Based on the results of this advisory vote, the Company
will hold an advisory shareholder vote on the compensation of the
Companys named executive officers each year until the next vote
on the frequency of such votes.>>
About GRANITE CONSTRUCTION INCORPORATED (NYSE:GVA)
Granite Construction Incorporated is a heavy civil contractor and construction materials producer in the United States. The Company operates through three segments: Construction, Large Project Construction and Construction Materials. Its Construction segment performs construction management, as well as various civil construction projects with a portion of the work focused on new construction and improvement of streets, roads, highways, bridges, site work, underground, power-related facilities, water-related facilities, utilities and other infrastructure projects. The Company’s Large Project Construction segment focuses on large and complex infrastructure projects, which have a longer duration than its Construction segment work. The Company’s Construction Materials segment mines and processes aggregates and operates plants that produce construction materials for internal use and for sale to third parties.
