L-3 COMMUNICATIONS CORPORATION (NYSE:LLL) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03 Amendments to Articles of Incorporation or Bylaws;
Change in Fiscal Year.
Communications Holdings, Inc. (the Company) adopted amendments to
the proxy access provisions in Article II, Section 2.9 of the
Companys Amended and Restated Bylaws (the Bylaws). Among other
things, the amendments:
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Provide that a minimum of two stockholder-nominated
candidates will be eligible for inclusion in the Companys proxy materials; |
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Remove the requirement that at least one member of a
nominating group must own at least 1% of the Companys shares; |
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Decrease the minimum level of support a proxy access
candidate is required to receive in order to be eligible to be a proxy access nominee for the next two annual meetings from 25% to 15% of the votes cast; and |
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Remove the requirement that a nominating stockholder must
intend to maintain qualifying ownership for at least one year following the applicable meeting. |
qualified in its entirety by reference to the Bylaws, which is
filed as Exhibit 3.2 hereto and is incorporated herein by
reference.
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Exhibit
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Number
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Title
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3.2
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Amended and Restated Bylaws of L-3 Communications Holdings,
Inc. |
About L-3 COMMUNICATIONS CORPORATION (NYSE:LLL)
L-3 Communications Holdings, Inc. (L-3 Holdings) operates through its operating subsidiary L-3 Communications (L-3). The Company operates through three segments: Electronic Systems, which provides a range of products and services, including components, products, subsystems, systems and related services to military and commercial customers; Aerospace Systems, which provides products and services for the Intelligence, Surveillance and Reconnaissance (ISR) market, specializing in signals intelligence (SIGINT) and multi-intelligence platforms, and Communication Systems, which provides network and communication systems, secure communications products, radio frequency components, satellite communication terminals, and space, microwave and telemetry products. L-3 Communications is a contractor in ISR systems, aircraft sustainment (including modifications, logistics and maintenance), simulation and training, night vision and image intensification equipment, and security and detection systems. L-3 COMMUNICATIONS CORPORATION (NYSE:LLL) Recent Trading Information
L-3 COMMUNICATIONS CORPORATION (NYSE:LLL) closed its last trading session up +3.10 at 161.56 with 615,992 shares trading hands.
