KNIGHT TRANSPORTATION, INC. (NYSE:KNX) 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.
Arizona corporation (the Company), held its Annual Meeting of
Shareholders. The matters voted upon at the 2017 Annual Meeting
of Shareholders and the results of such voting are set forth
below.
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Proposal No. 1:
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The Company’s shareholders elected three individuals to
the Company’s Board of Directors as Class I Directors to serve a term of three years. |
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For
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Withheld
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Broker Non-Votes
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Richard C. Kraemer
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66,340,840
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714,677
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10,797,019
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|||
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Richard J. Lehmann
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66,217,661
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837,856
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10,797,019
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Roberta Roberts Shank
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66,431,966
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623,551
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10,797,019
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Proposal No. 2:
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The Companys shareholders approved, on an advisory basis,
the compensation of the Companys named executive officers. |
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For
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Against
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Abstentions
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Broker Non-Votes
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|||
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66,879,692
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167,105
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8,720
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10,797,019
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Proposal No. 3:
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In a non-binding, advisory vote, the shareholders voted as
follows on the proposal to select the frequency of future non-binding, advisory votes on the compensation of the Company’s named executive officers: |
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One Year
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Two Years
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Three Years
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Abstentions
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Broker Non-Votes
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57,426,213
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21,888
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9,599,053
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8,363
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10,797,019
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for a non-binding, advisory vote on executive compensation each
year. The Companys Board of Directors considered the results of
the non-binding, advisory vote on the frequency of votes on
executive compensation and determined that it would hold future
non-binding, advisory votes each year until the next
shareholder non-binding, advisory vote on the frequency of
these votes.
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Proposal No. 4:
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The Company’s shareholders ratified the appointment of
Grant Thornton LLP as the Company’s independent registered public accounting firm for fiscal year 2017. |
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For
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Against
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Abstentions
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Broker Non-Votes
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|||
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75,405,784
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2,434,326
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12,426
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—
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Item 8.01
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Other Events.
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On Thursday, May 11, 2017, the Company issued a press
release announcing that its Board of Directors has declared a quarterly cash dividend of $0.06 per share of common stock. The dividend is payable to the Company’s shareholders of record as of June 2, 2017, and is expected to be paid on June 23, 2017. A copy of the press release is attached to this report as Exhibit 99. |
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Item 9.01
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Financial Statements and Exhibits.
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(d) Exhibits.
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EXHIBIT
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NUMBER
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EXHIBIT DESCRIPTION
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Knight Transportation, Inc. press release dated May 11,
2017, announcing quarterly cash dividend |
hereto shall not be deemed “filed” for purposes of Section 18
of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”), or incorporated by reference in any filing
under the Securities Act of 1933, as amended (the “Securities
Act”), or the Exchange Act, except as shall be expressly set
forth by specific reference in such a filing.
considered forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended,
relating to our declaration of quarterly dividends, and such
statements are subject to the safe harbor created by those
sections and the Private Securities Litigation Reform Act of
1995, as amended. There can be no assurance that future dividends
will be declared. The declaration of future dividends is subject
to approval of our Board of Directors and various risks and
uncertainties, including, but not limited to: our cash flow and
cash needs; compliance with applicable law; restriction on the
payment of dividends under existing or future financing
arrangements; changes in tax laws relating to corporate
dividends; the deterioration in our financial condition or
results, and those risks, uncertainties, and other factors
identified from time-to-time in our filings with the Securities
and Exchange Commission. Please refer to the last paragraph of
the press release and various disclosures by the Company in its
press releases, shareholder reports, and filings with the
Securities and Exchange Commission for information concerning
risks, uncertainties, and other factors that may affect future
results.
About KNIGHT TRANSPORTATION, INC. (NYSE:KNX)
Knight Transportation, Inc. is a provider of multiple truckload transportation and logistics services, which involve the movement of trailer or container loads of freight from origin to destination for a single customer. The Company operates through two segments: Trucking and Logistics. Its Trucking segment consists of three operating units: dry van truckload, temperature-controlled truckload and drayage services. The Trucking segment provides truckload transportation, including services of various products, goods and materials. Its Logistics segment consists of two operating units: freight brokerage services and rail intermodal. It provides logistics, freight management and other non-trucking services to its customers, through its Logistics segment. It provides a range of truckload and logistics services through its nationwide network of service centers, truckload tractor fleets and its contractual access to third-party capacity providers. It operates primarily in the United States. KNIGHT TRANSPORTATION, INC. (NYSE:KNX) Recent Trading Information
KNIGHT TRANSPORTATION, INC. (NYSE:KNX) closed its last trading session down -0.15 at 32.25 with 2,112,348 shares trading hands.
