ILLINOIS TOOL WORKS INC. (NYSE:ITW) 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>
May 5, 2017 for the purposes of (i) electing the eleven directors
named in the Companys proxy statement to hold office until the
next annual meeting of stockholders; (ii) ratifying the
appointment of Deloitte Touche LLP as the Companys independent
registered public accounting firm for the 2017 fiscal year; (iii)
approving, on an advisory basis, a resolution approving executive
compensation of the named executive officers as disclosed in the
proxy statement; (iv) approving the frequency of the advisory
vote on executive compensation; and (v) considering a stockholder
proposal to permit stockholders to act by written consent.
statement for the meeting were elected by the votes set forth in
the table below.
|
FOR
|
AGAINST
|
ABSTENTIONS
|
Broker Non-Vote
|
|
|
Election of Directors
|
||||
|
Daniel J. Brutto
|
273,504,783
|
1,705,461
|
345,711
|
33,452,924
|
|
Susan Crown
|
272,573,509
|
2,746,782
|
235,664
|
33,452,924
|
|
James W. Griffith
|
273,416,679
|
1,800,719
|
338,557
|
33,452,924
|
|
Jay L. Henderson
|
273,163,500
|
2,027,421
|
365,034
|
33,452,924
|
|
Richard H. Lenny
|
271,655,142
|
3,393,418
|
507,395
|
33,452,924
|
|
E. Scott Santi
|
266,838,420
|
7,075,942
|
1,641,593
|
33,452,924
|
|
James A. Skinner
|
270,143,793
|
5,080,696
|
331,466
|
33,452,924
|
|
David B. Smith, Jr.
|
273,956,997
|
1,318,811
|
280,147
|
33,452,924
|
|
Pamela B. Strobel
|
273,734,304
|
1,576,144
|
245,507
|
33,452,924
|
|
Kevin M. Warren
|
273,263,639
|
1,942,908
|
349,408
|
33,452,924
|
|
Anr D. Williams
|
273,271,023
|
1,935,602
|
349,330
|
33,452,924
|
independent registered public accounting firm for the 2017 fiscal
year was ratified by the vote set forth in the table below.
|
FOR
|
AGAINST
|
ABSTENTIONS
|
Broker Non-Vote
|
|
|
Ratification of independent registered public
accounting firm |
305,663,842
|
3,031,644
|
313,393
|
N/A
|
non-binding resolution approving the compensation of the Companys
named executive officers as disclosed to the compensation
disclosure rules of the Securities and Exchange Commission under
Compensation Discussion Analysis, the Summary Compensation Table,
the related compensation tables and the related narrative
disclosures, in the March 24, 2017 proxy statement, passed with
the following vote.
|
FOR
|
AGAINST
|
ABSTENTIONS
|
Broker Non-Vote
|
|
|
Advisory vote to approve executive compensation
|
267,016,489
|
7,570,761
|
968,705
|
33,452,924
|
two- or three-year frequency for the advisory vote on executive
compensation resulted in approval of a one-year frequency by the
vote set forth in the table below. The Companys Board of
Directors, who recommended a one-year frequency, has determined
that the Company will continue to hold its advisory executive
compensation vote every year.
|
ONE YEAR
|
TWO YEARS
|
THREE YEARS
|
ABSTENTIONS
|
|
|
Frequency of Advisory Vote on Executive Compensation
|
255,246,023
|
1,046,575
|
18,685,838
|
577,519
|
consent was defeated by the vote set forth in the table below.
|
FOR
|
AGAINST
|
ABSTENTIONS
|
Broker Non-Vote
|
|
|
Permit Stockholders to Act by Written Consent
|
93,331,185
|
179,249,224
|
2,975,546
|
33,452,924
|
About ILLINOIS TOOL WORKS INC. (NYSE:ITW)
Illinois Tool Works Inc. (ITW) is a manufacturer of a range of industrial products and equipment. The Company operates through seven segments: Automotive OEM, Test & Measurement and Electronics, Food Equipment, Polymers & Fluids, Welding, Construction Products and Specialty Products. It produces components and fasteners for automotive-related applications; equipment, consumables and related software for testing and measuring of materials and structures, and equipment and consumables used in the production of electronic subassemblies and microelectronics; adhesives, sealants, lubrication and cutting fluids, and fluids and polymers for auto aftermarket maintenance and appearance; arc welding equipment, consumables and accessories for a range of industrial and commercial applications, and beverage packaging equipment and consumables, product coding and marking equipment, and consumables, and appliance components and fasteners. It has over 80 divisions in approximately 60 countries. ILLINOIS TOOL WORKS INC. (NYSE:ITW) Recent Trading Information
ILLINOIS TOOL WORKS INC. (NYSE:ITW) closed its last trading session down -0.67 at 137.63 with 893,257 shares trading hands.
