INTERACTIVE BROKERS GROUP, INC. (NASDAQ:IBKR) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 Submission of Matters to a Vote of Security Holders.
The annual meeting of stockholders of Interactive Brokers Group, Inc. (the "Company") was held on April 19, 2018.
The stockholders voted on proposals to elect directors to the Company's Board of Directors (the "Board"), to extend the term of the Company’s 2007 Stock Incentive Plan for a ten-year period through April 24, 2027, and to ratify the appointment of Deloitte & Touche LLP as independent auditor.
All nominees for election to the Board were elected for a one year term expiring at the annual meeting of stockholders in the following year.Each director will hold office until his successor has been elected and qualified or until the director's earlier resignation or removal.
The number of votes cast for or against and the number of abstentions with respect to each proposal is set forth below.The Company's independent inspector of election reported the vote of the stockholders as follows:
|
Election of Directors (Percentages shown are of the votes cast) |
||||
|
Broker |
||||
|
For |
Against |
Abstain |
Non-Vote |
|
|
Thomas Peterffy |
368,932,635 | 23,979,309 | 220,182 | 13,908,826 |
| 93.84% | 6.10% | 0.06% | ||
|
Earl H. Nemser |
368,139,418 | 24,967,086 | 25,622 | 13,908,826 |
| 93.64% | 6.35% | 0.01% | ||
|
Milan Galik |
377,736,136 | 15,369,351 | 26,639 | 13,908,826 |
| 96.08% | 3.91% | 0.01% | ||
|
Paul J. Brody |
376,373,517 | 16,731,874 | 26,735 | 13,908,826 |
| 95.73% | 4.26% | 0.01% | ||
|
Lawrence E. Harris |
392,075,921 | 1,029,564 | 26,641 | 13,908,826 |
| 99.73% | 0.26% | 0.01% | ||
|
Richard Gates |
392,602,806 | 502,618 | 26,702 | 13,908,826 |
| 99.86% | 0.13% | 0.01% | ||
|
Gary Katz |
392,621,565 | 483,835 | 26,726 | 13,908,826 |
| 99.87% | 0.12% | 0.01% | ||
|
Kenneth J. Winston |
392,965,833 | 138,699 | 27,594 | 13,908,826 |
| 99.95% | 0.04% | 0.01% |
Stockholders approved the amended 2007 Stock Incentive Plan,extending its term for a ten-year period through April 24, 2027, by a vote of 369,512,215 for; 23,580,411 against; 39,500 abstentions; and 13,908,826 broker non-votes.
Stockholders approved the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2018, by a vote of 406,441,855 for; 498,976 against; and 100,121 abstentions.
About INTERACTIVE BROKERS GROUP, INC. (NASDAQ:IBKR)
Interactive Brokers Group, Inc. (IBG, Inc.) is a holding company. The Company is an automated global electronic broker and market maker specializing in routing orders, and executing and processing trades in securities, futures, foreign exchange instruments, bonds and mutual funds on over 100 electronic exchanges and trading venues around the world. It operates in two segments: electronic brokerage and market making. Its primary assets are its membership interests of IBG LLC (the Group), the holding company for its businesses. The Company is the sole managing member of IBG LLC. As a direct market access broker, the Company serves the customers of both traditional brokers and prime brokers. It provides its customers with order management, trade execution and portfolio management platform. As a market maker, it provides continuous bid and offer quotations on over one million securities and futures products listed on electronic exchanges around the world.
