Lamb Weston Holdings,Inc. (NYSE:LW) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k
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Lamb Weston Holdings,Inc. (NYSE:LW) 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 September28, 2017, we held our annual meeting of stockholders in Eagle,Idaho. A total of 126,630,307 shares of our common stock, or 86.6% of our outstanding shares of common stock, were represented in person or by proxy at the annual meeting. The final voting results for each of the matters submitted to a stockholder vote at the annual meeting are set forth below:

1. Our stockholders elected eight directors to each serve a one-year term until our 2018 annual meeting of stockholders or until his or her successor has been duly chosen and qualified, based on the following voting results:

Director

For

Against

Abstain

BrokerNon-Votes

Charles A. Blixt

106,266,433

579,323

1,434,102

18,350,449

Andre J. Hawaux

106,363,791

485,726

1,430,341

18,350,449

W.G. Jurgensen

106,442,131

400,180

1,437,547

18,350,449

Thomas P. Maurer

106,462,598

380,669

1,436,591

18,350,449

Hala G. Moddelmog

106,253,155

593,003

1,433,700

18,350,449

Andrew J. Schindler

106,204,732

637,227

1,437,899

18,350,449

Maria Renna Sharpe

106,259,205

588,969

1,431,684

18,350,449

Thomas P. Werner

106,462,391

384,200

1,433,267

18,350,449

2. Our stockholders approved on an advisory basis our named executive officer compensation, based on the following voting results:

For

Against

Abstain

BrokerNon-Votes

103,019,750

3,531,803

1,728,305

18,350,449

3. Our stockholders approved on an advisory basis an annual frequency for an advisory vote on executive compensation, based on the following voting results:

1Year

2Years

3Years

Abstain

BrokerNon-Votes

93,553,002

269,305

12,876,745

1,580,806

18,350,449

In accordance with our stockholders’ advisory vote, our Board of Directors has decided to include an advisory stockholder vote on executive compensation in our proxy materials every year until the next required advisory vote on the frequency of an executive compensation vote, which will occur no later than our annual meeting of stockholders in 2023.

4. Our stockholders approved the material terms for qualified performance-based compensation under the Lamb Weston Holdings,Inc. 2016 Stock Plan, based on the following voting results:

For

Against

Abstain

BrokerNon-Votes

103,175,432

3,386,089

1,718,337

18,350,449

5. Our stockholders ratified the selection of KPMG LLP as our independent auditors for the year ending May27, 2018, based on the following voting results:

For

Against

Abstain

BrokerNon-Votes

124,503,559

634,667

1,492,081


About Lamb Weston Holdings,Inc. (NYSE:LW)

Lamb Weston Holdings, Inc. (Lamb Weston), is a supplier of frozen potato, sweet potato, appetizer and vegetable products to restaurants and retailers around the world. The Company’s segments include Global, Foodservice, Retail and Other. The Global segment includes operations associated with Lamb Weston’s business with large chain restaurant customers, whether those results are generated in the United States or abroad, as well as operations associated with retail and foodservice customers located outside of the United States and Canada. The Foodservice segment includes sales to a line of foodservice distribution customers in the United States and Canada. The Retail reporting segment includes sales to grocery, mass, club, and specialty retailers primarily in the United States. The Other segment includes the operations from Lamb Weston’s frozen vegetable business. It also includes the operations from Lamb Weston’s dairy business.