L3 TECHNOLOGIES, INC. (NYSE:LLL) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k
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L3 TECHNOLOGIES, INC. (NYSE:LLL) 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.
On May 9, 2017, L3 Technologies, Inc. (the Company) held its 2017
Annual Meeting as described in the definitive proxy statement for
the Annual Meeting filed on March 27, 2017. A quorum was present
at the meeting as required by the Companys Amended and Restated
Bylaws. The final results of voting for each matter submitted to
a vote of shareholders at the meeting are as follows:
Proposal 1 Election of Directors
The following ten directors were elected to the Board of
Directors of the Company to serve as directors until the 2018
Annual Meeting of Shareholders and until their successors have
been duly elected and qualified.
Votes
For
Votes
Against
Votes
Abstained
Broker
Non-Votes
Claude R. Canizares
62,993,974
1,769,950
608,943
6,856,586
Thomas A. Corcoran
62,869,453
1,873,580
629,834
6,856,586
Ann E. Dunwoody
64,020,710
836,159
515,998
6,856,586
Lewis Kramer
63,397,597
1,366,562
608,708
6,856,586
Robert B. Millard
62,959,452
1,794,672
618,743
6,856,586
Lloyd W. Newton
64,122,977
627,909
621,981
6,856,586
Vincent Pagano, Jr.
63,400,846
1,374,780
597,241
6,856,586
H. Hugh Shelton
63,941,679
832,523
598,665
6,856,586
Arthur L. Simon
62,666,459
2,057,135
649,273
6,856,586
Michael T. Strianese
62,111,138
2,484,612
777,117
6,856,586
Proposal 2 Ratify the appointment of PricewaterhouseCoopers
LLP as independent registered public accounting firm
The appointment of PricewaterhouseCoopers LLP as the Companys
independent registered public accounting firm for the fiscal year
ending December 31, 2017 was ratified.
Votes
For
Votes
Against
Votes
Abstained
70,383,242
1,409,091
437,120
Proposal 3 Amend and restate the Companys Restated Certificate
of Incorporation to eliminate all provisions requiring more than
a simple majority vote
The shareholders did not approve the proposal to eliminate all
provisions requiring more than a simple majority vote.
Votes
For
Votes
Against
Votes
Abstained
Broker
Non-Votes
64,036,474
956,749
379,644
6,856,586
Proposal 4 Approve the L3 Technologies, Inc. Amended and
Restated 2012 Cash Incentive Plan
The shareholders approved the L3 Technologies, Inc. Amended and
Restated 2012 Cash Incentive Plan.
Votes
For
Votes
Against
Votes
Abstained
Broker
Non-Votes
62,383,253
2,217,472
772,142
6,856,586
Proposal 5 Approve, in a non-binding, advisory vote, the
compensation paid to our named executive officers
The shareholders approved in a non-binding, advisory vote, the
compensation paid to our named executive officers.
Votes
For
Votes
Against
Votes
Abstained
Broker
Non-Votes
61,824,902
2,619,717
928,248
6,856,586
Proposal 6 Approve, in a non-binding, advisory vote, whether a
shareholder vote to approve the compensation paid to our named
executive officers should occur every one, two or three
years.
The shareholders voted for one year with respect to the frequency
with which shareholders are provided a non-binding, advisory vote
on the compensation paid to our named executive officers.
1 Yr
2 Yrs
3 Yrs
Votes
Abstained
Broker
Non-Votes
57,596,596
925,227
6,442,682
408,362
6,856,586
As described above, the shareholders voted, in an advisory,
non-binding vote, in favor of having a shareholder vote to
approve the compensation of the Companys named executive officers
every year. In light of such vote, and consistent with the
Companys recommendation, the Companys Board of Directors
determined that it currently intends to include an advisory,
non-binding vote to approve the compensation of the Companys
named executive officers every year until the next required vote
on the frequency of shareholder votes on the compensation of the
Companys named executive officers.


About L3 TECHNOLOGIES, INC. (NYSE:LLL)

L3 Technologies, Inc., formerly L-3 Communications Holdings, Inc., is engaged as a contractor in Intelligence, Surveillance and Reconnaissance (ISR) systems, aircraft sustainment (including modifications, logistics and maintenance), simulation and training, night vision and image intensification equipment, and security and detection systems. The Company operates in three segments: Electronic Systems, Aerospace Systems and Communication Systems. The Company is a provider of communication and electronic systems and products used on military and commercial platforms. Its divisions include Advanced Programs, Aeromet, Army Fleet Support, Brashear, Cincinnati Electronics, Coleman Aerospace, Electron Devices, Henschel, Maritime Systems, Mustang Technology, Narda Satellite Networks and Targa Systems.

L3 TECHNOLOGIES, INC. (NYSE:LLL) Recent Trading Information

L3 TECHNOLOGIES, INC. (NYSE:LLL) closed its last trading session up +0.76 at 168.53 with 749,144 shares trading hands.