MATTHEWS INTERNATIONAL CORPORATION (NASDAQ:MATW) 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.
Corporation (the Company) was held on February 16, 2017. A total
of 32,252,061 shares of Class A Common Stock were eligible to
vote at such meeting. Five proposals were submitted by the Board
to a vote of shareholders, and the final results of the voting on
each proposal are noted below. The Companys shareholders elected
each of the Boards three nominees for Director for terms that
expire in 2020, or until their successors are duly elected and
qualified; approved the Companys Amended and Restated 2014
Director Fee Plan; ratified the appointment of Ernst Young LLP as
the Companys independent registered public accounting firm for
fiscal 2017; approved, on a non-binding advisory basis, the
compensation of the Companys named executive officers as
disclosed in the Companys Proxy Statement filed with the
Securities and Exchange Commission on January 17, 2017; and voted
on a non-binding advisory basis to hold future non-binding
advisory votes on executive compensation of the Companys named
executive officers on an annual basis.
for a term expiring at the Companys 2020 Annual Meeting of
Shareholders.
|
Nominee
|
Votes For
|
Votes Withheld
|
Broker Non Votes
|
|
Gregory S. Babe
|
26,362,837
|
615,032
|
2,977,957
|
|
Don W. Quigley, Jr.
|
26,384,594
|
593,275
|
2,977,957
|
|
David A. Schawk
|
26,288,955
|
688,914
|
2,977,957
|
Fee Plan:
|
Votes For
|
Votes Against
|
Votes Abstained
|
Broker Non Votes
|
|
25,203,556
|
1,590,338
|
183,975
|
2,977,957
|
|
Votes For
|
Votes Against
|
Votes Abstained
|
Broker Non Votes
|
|
29,843,833
|
99,320
|
12,673
|
the Companys named executive officers:
|
Votes For
|
Votes Against
|
Votes Abstained
|
Broker Non Votes
|
|
25,460,119
|
1,293,000
|
224,350
|
2,977,957
|
vote on the executive compensation of the Companys named
executive officers.
|
One Year
|
Two Years
|
Three Years
|
Votes Abstained
|
Broker Non Votes
|
|
22,513,242
|
121,307
|
4,061,638
|
281,680
|
2,977,957
|
the votes cast by shareholders voted, on a non-binding advisory
basis, to hold future non-binding advisory votes to approve
compensation of the Companys named executive officers every year.
The Board of Directors and the Company agrees with this
recommendation, which aligns with the Companys historic practice.
As such, the Company will include a non-binding advisory
shareholder vote on compensation of the Companys named executive
officers in its proxy materials every year until the next
required non-binding advisory vote on the frequency of
stockholder votes on compensation of the Companys named executive
officers, which will occur no later than the Companys Annual
Meeting of Stockholders in 2023.
About MATTHEWS INTERNATIONAL CORPORATION (NASDAQ:MATW)
Matthews International Corporation is a provider of brand solutions, memorialization products and industrial technologies. The Company operates through three segments: SGK Brand Solutions, Memorialization and Industrial Technologies. The SGK Brand Solutions segment provides brand development, deployment and delivery (consisting of brand management, printing plates and cylinders, pre-media services and imaging services for consumer packaged goods and retail customers, merchandising display systems, and marketing and design services). The Memorialization segment manufactures and markets a line of memorialization products used primarily in cemeteries, funeral homes and crematories. The Industrial Technologies segment designs, manufactures and distributes a range of marking, coding and industrial automation solutions, order fulfillment systems and related consumables. MATTHEWS INTERNATIONAL CORPORATION (NASDAQ:MATW) Recent Trading Information
MATTHEWS INTERNATIONAL CORPORATION (NASDAQ:MATW) closed its last trading session up +0.10 at 67.95 with 106,960 shares trading hands.
