LENNAR CORPORATION (NYSE:LEN) 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.
2017 Annual Meeting of Stockholders. The final results for each of
the matters submitted to a vote of stockholders at the meeting were
as follows:
|
(1)
|
The following individuals were elected as directors to serve
a one-year term expiring at the next Annual Meeting of Stockholders: |
|
|
Votes For
|
|
Votes Withheld
|
|
Broker Non-votes
|
|
Irving Bolotin
|
449,583,777
|
|
11,978,675
|
|
21,200,149
|
|
Steven L. Gerard
|
416,656,430
|
|
44,906,022
|
|
21,200,149
|
|
Theron I. (“Tig”) Gilliam
|
433,497,922
|
|
28,064,530
|
|
21,200,149
|
|
Sherrill W. Hudson
|
429,045,589
|
|
32,516,863
|
|
21,200,149
|
|
Sidney Lapidus
|
455,570,558
|
|
5,991,894
|
|
21,200,149
|
|
Teri P. McClure
|
434,921,573
|
|
26,640,879
|
|
21,200,149
|
|
Stuart A. Miller
|
457,478,302
|
|
4,084,150
|
|
21,200,149
|
|
Armando Olivera
|
458,274,256
|
|
3,288,196
|
|
21,200,149
|
|
Donna Shalala
|
458,219,779
|
|
3,342,673
|
|
21,200,149
|
|
Jeffrey Sonnenfeld
|
454,898,420
|
|
6,664,032
|
|
21,200,149
|
|
(2)
|
Stockholders ratified the appointment of Deloitte Touche LLP
as our independent registered public accounting firm for our fiscal year ending November 30, 2017. The results of the vote were as follows: |
|
Votes For
|
|
Votes Against
|
|
Votes Abstaining
|
|
478,479,986
|
|
3,837,569
|
|
445,046
|
|
(3)
|
Stockholders approved, on an advisory basis, the compensation
of our named executive officers described in the Proxy Statement dated March 7, 2017 relating to the Company’s 2017 Annual Meeting of Stockholders. The results of the vote were as follows: |
|
Votes For
|
|
Votes Against
|
|
Votes Abstaining
|
|
Broker Non-votes
|
|
310,054,196
|
|
150,510,553
|
|
997,703
|
|
21,200,149
|
|
(4)
|
Stockholders approved, on an advisory basis, a frequency of
every year for a stockholder vote on the compensation of the Companys named executive officers. As a result, the Board of Directors has determined that the Company will hold say-on-pay votes every year until the next required advisory vote on the frequency of say-on-pay votes. The results of the vote were as follows: |
|
One Year
|
|
Two Years
|
|
Three Years
|
|
Votes Abstaining
|
|
Broker Non-votes
|
|
455,320,277
|
|
85,316
|
|
5,726,578
|
|
430,281
|
|
21,200,149
|
|
(5)
|
Stockholders did not approve a stockholder proposal regarding
our common stock voting structure. The results of the vote were as follows: |
|
Votes For
|
|
Votes Against
|
|
Votes Abstaining
|
|
Broker Non-votes
|
|
162,077,073
|
|
298,867,019
|
|
618,360
|
|
21,200,149
|
About LENNAR CORPORATION (NYSE:LEN)
Lennar Corporation is a homebuilder that operates in various states with deliveries of over 24,290 new homes. The Company’s segments include Homebuilding activities, which include Homebuilding East, Homebuilding Central, Homebuilding West, Homebuilding Southeast Florida and Homebuilding Houston; Lennar Financial Services; Rialto, and Lennar Multifamily. Its Homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development and sale of residential land directly and through unconsolidated entities in which it has investments. The Lennar Financial Services segment operations include mortgage financing, title insurance and closing services for its homebuyers and others. The Rialto segment operations include commercial real estate, investment management and finance company. The Lennar Multifamily segment develops a portfolio of institutional multifamily rental properties in select the United States markets. LENNAR CORPORATION (NYSE:LEN) Recent Trading Information
LENNAR CORPORATION (NYSE:LEN) closed its last trading session up +0.17 at 52.60 with 1,819,600 shares trading hands.
