JETBLUE AIRWAYS CORPORATION (NASDAQ:JBLU) 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.
Meeting) of JetBlue Airways Corporation (the Company) was held.
There were 333,567,490 shares of common stock entitled to be
voted, and 308,041,545 shares present in person or represented by
proxy at the Annual Meeting. The stockholders of the Company
voted on four items:
|
1.
|
To elect ten directors nominated by the Board of Directors
to serve until the 2018 annual meeting of stockholders; |
|
2.
|
To ratify the selection of Ernst Young LLP as the Companys
independent registered public accounting firm for the fiscal year ending December 31, 2017; |
|
3.
|
To approve, on an advisory basis, the compensation of the
Companys named executive officers; and |
|
4.
|
To approve, on an advisory basis, the frequency of the
advisory votes on named executive officer compensation. |
results are as follows:
|
1.
|
>The nominees for director received the following votes:
|
|
NAME
|
FOR
|
AGAINST
|
ABSTAIN
|
BROKER NON-VOTES
|
|
Peter Boneparth
|
255,856,671
|
3,150,601
|
201,762
|
48,832,511
|
|
David Checketts
|
255,171,877
|
3,833,299
|
203,858
|
48,832,511
|
|
Virginia Gambale
|
255,522,625
|
3,509,021
|
177,388
|
48,832,511
|
|
Stephan Gemkow
|
250,982,677
|
8,019,715
|
206,642
|
48,832,511
|
|
Robin Hayes
|
255,749,332
|
3,313,812
|
145,890
|
48,832,511
|
|
Ellen Jewett
|
255,873,441
|
3,158,250
|
177,343
|
48,832,511
|
|
Stanley McChrystal
|
255,394,360
|
3,627,063
|
187,611
|
48,832,511
|
|
Joel Peterson
|
254,944,426
|
4,076,080
|
188,528
|
48,832,511
|
|
Frank Sica
|
249,001,501
|
10,002,009
|
205,524
|
48,832,511
|
|
Thomas Winkelmann
|
255,872,512
|
3,122,207
|
214,315
|
48,832,511
|
|
2.
|
The proposal to ratify the appointment of Ernst Young LLP
as the Companys independent registered public accounting firm for the fiscal year ending December 31, 2017 was approved based upon the following votes received: |
|
Votes For
|
305,066,685
|
|
Votes Against
|
2,480,083
|
|
Abstentions
|
494,777
|
|
3.
|
The proposal to approve, on an advisory basis, the
compensation of the Companys named executive officers was approved based upon the following votes received: |
|
Votes For
|
251,499,443
|
|
Votes Against
|
7,181,227
|
|
Abstentions
|
528,364
|
|
Broker non-votes
|
48,832,511
|
|
4.
|
The stockholders voted, on an advisory basis, to hold
future advisory votes to approve the compensation of the Companys named executive officers as follows: |
|
ONE YEAR
|
TWO YEAR
|
THREE YEAR
|
ABSTAIN
|
BROKER NON-VOTES
|
|
218,640,584
|
625,439
|
39,555,360
|
387,651
|
48,832,511
|
light of (1) managements recommendation of an ANNUAL frequency
for future advisory votes to approve the compensation of the
Companys named executive officers and (2) considering the strong
support for an annual vote as reflected in the voting results,
the Board of Directors of the Company determined that the Company
will hold future advisory votes to approve the compensation of
the Companys named executive officers annually until the matter
is again submitted to the Companys stockholders for a vote.
About JETBLUE AIRWAYS CORPORATION (NASDAQ:JBLU)
JetBlue Airways Corporation is a passenger carrier company. The Company provides air transportation services across the United States, the Caribbean and Latin America. It operates various types of aircrafts, including Airbus A321, Airbus A320 and Embraer E190. It also provides premium transcontinental product called Mint. Mint includes approximately 20 fully lie-flat seats, over four of which are in suites with a privacy door. The Company has installed Fly-Fi in-flight Internet service across its Airbus fleet. The Company provides three branded fares: Blue, Blue Plus and Blue Flex. Each of these fares includes different offerings, such as free checked bags, reduced change fees and additional TrueBlue points. The Company also accepts Apple Pay in-flight, which enables the iPhone users to use their phones for all onboard purchases. Its Airbus A321 aircraft in a single cabin layout has approximately 190 seats and those with Mint offering have over 160 seats. JETBLUE AIRWAYS CORPORATION (NASDAQ:JBLU) Recent Trading Information
JETBLUE AIRWAYS CORPORATION (NASDAQ:JBLU) closed its last trading session up +0.51 at 22.08 with 3,617,294 shares trading hands.