LPL Financial Holdings Inc. (NASDAQ:LPLA) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07
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Submission of Matters to a Vote of Security Holders.
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meeting of stockholders (the Annual Meeting) on May 17, 2017. The
stockholders of the Company considered and acted upon the
following proposals:
stockholders elected the following nine individuals to serve as
directors of the Company until the 2018 annual meeting of
stockholders and until their respective successors are duly
elected and qualified:
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Nominee
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Votes For
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Votes Against
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Abstentions
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Broker Non-Votes
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Dan H. Arnold
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75,149,122
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89,083
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286,212
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5,564,001
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Viet D. Dinh
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75,132,310
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98,337
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293,771
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5,564,001
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H. Paulett Eberhart
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74,898,934
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337,696
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287,788
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5,564,001
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William F. Glavin, Jr.
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74,965,925
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103,419
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455,074
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5,564,001
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Marco W. Hellman
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75,341,565
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109,258
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73,594
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5,564,001
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Anne M. Mulcahy
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72,309,413
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2,927,326
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287,678
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5,564,001
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James S. Putnam
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72,511,411
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2,726,687
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286,319
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5,564,001
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James S. Riepe
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68,240,908
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6,994,264
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289,246
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5,564,001
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Richard P. Schifter
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66,610,634
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8,625,866
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287,917
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5,564,001
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Audit Committee of the Board of Directors as the Companys
Independent Registered Public Accounting Firm for the Fiscal Year
Ending December 31, 2017.>The stockholders ratified the
appointment of Deloitte Touche LLP by the audit committee of the
Companys board of directors (the Board) as the Companys
independent registered public accounting firm for the current
fiscal year. 77,761,497 shares voted for the proposal; 3,252,167
shares voted against the proposal; and 74,755 shares abstained
from voting on the proposal. There were no broker non-votes on
the proposal.
approved, on an advisory, non-binding basis, the compensation
paid to the named executive officers of the Company, as disclosed
in the Companys definitive proxy statement on Schedule 14A filed
with the Securities Exchange Commission on April 11, 2017
relating to the Annual Meeting. 71,952,056 shares voted for the
proposal, 3,188,390 shares voted against the proposal; and
383,972 shares abstained from voting on the proposal. There were
5,564,001 broker non-votes on the proposal.
Executive Compensation. By the vote reflected below, the
stockholders approved, on an advisory, non-binding basis, that
the frequency of future advisory votes on compensation paid to
the named executive officers of the Company be every year.
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1 Year
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2 Years
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3 Years
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Abstentions
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70,449,031
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50,996
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4,657,746
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366,643
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the prior recommendation of the Board that future advisory votes
on compensation paid to the named executive officers of the
Company be held every year, the Board has determined that the
Company will hold such future advisory votes every year.>
About LPL Financial Holdings Inc. (NASDAQ:LPLA)
LPL Financial Holdings Inc. is a broker-dealer, a custodian for registered investment advisors (RIAs) and an independent consultant to retirement plans. The Company provides a platform of brokerage and investment advisory services to independent financial advisors (its advisors), including financial advisors at approximately 700 financial institutions across the country. Through its advisors, the Company is a distributor of financial products and services in the United States. The Company provides its technology and service to advisors through a technology platform that is server-based and Web-accessible. The Company’s platform provides access to approximately 790 product providers that offer the various product lines, such as insurance-based products, alternative investments, structured products, mutual funds, separately managed accounts, exchange traded products, unit investment trusts, retirement plan products and annuities. LPL Financial Holdings Inc. (NASDAQ:LPLA) Recent Trading Information
LPL Financial Holdings Inc. (NASDAQ:LPLA) closed its last trading session down -0.09 at 39.85 with 509,972 shares trading hands.
