MercadoLibre, Inc. (NASDAQ:MELI) 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. |
The Annual Meeting of Stockholders (the Annual Meeting) of
MercadoLibre, Inc. (the Company) was held on June13, 2017 for the
following purposes:
|
to elect the three Class I directors nominated and recommended by the Companys board of directors, each to serve until the 2020 Annual Meeting of Stockholders or until such time as their respective successors are elected and qualified; |
| to hold an advisory vote on executive compensation; |
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to hold an advisory vote on the frequency of the advisory vote on executive compensation; and |
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to ratify the appointment of Deloitte Co. S.A. as the Companys independent registered public accounting firm for the fiscal year ending December 31, 2017. |
The number of outstanding shares of the Companys common stock as
of April 21, 2017, the record date for the Annual Meeting, was
44,157,364 shares. 38,759,370 shares of common stock were
represented in person or by proxy at the Annual Meeting, which
were sufficient to constitute a quorum for the purpose of
transacting business at the Annual Meeting.
At the Annual Meeting, the stockholders elected all three Class I
director nominees, approved (on an advisory basis) the Companys
executive compensation, approved (on an advisory basis) annually
as the frequency of future advisory votes on executive
compensation and ratified the appointment of Deloitte Co. S.A. as
the Companys independent registered public accounting firm for
the fiscal year ending December 31, 2017. The final voting
results for each of the matters submitted to a vote of
stockholders at the Annual Meeting are set forth below.
Proposal 1 Election of three Class I Directors:
|
Nominee for Director |
For |
Withheld |
||
| Susan Segal | 35,668,913 | 762,175 | ||
| Mario Eduardo Vzquez | 35,207,922 | 1,223,166 | ||
| Alejandro Nicols Aguzin | 35,836,152 | 594,936 |
In addition, there were 2,328,282 broker non-votes associated
with the election of directors.
Proposal 2 Advisory Vote on the Compensation of our Named
Executive Officers:
|
For |
Against |
Abstain |
Broker Non-Votes |
|||
| 35,257,036 | 701,256 | 472,796 | 2,328,282 |
Proposal 3 Advisory Vote on the Frequency of the Advisory
Vote on the Compensation of our Named Executive Officers:
|
1 Year |
2 Years |
3 Years |
Abstain |
Broker Non-Votes |
||||
| 33,560,874 | 38,067 | 891,680 | 1,940,467 | 2,328,282 |
Proposal 4 Ratification of Appointment of Independent
Registered Public Accounting Firm:
|
For |
Against |
Abstain |
Broker Non-Votes |
|||
| 37,917,868 | 375,652 | 465,850 | * |
| * |
No broker non-votes arose in connection with Proposal Four, due to the fact that the matter was considered routine under New York Stock Exchange rules. |
About MercadoLibre, Inc. (NASDAQ:MELI)
MercadoLibre, Inc. (MercadoLibre) hosts an online commerce platform in Latin America, which is focused on enabling e-commerce and its related services. The Company provides a portfolio of services facilitating e-commerce transactions. Its geographic segments are Brazil, Argentina, Mexico, Venezuela and other countries (including Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Panama, Peru, Portugal, Guatemala, Bolivia, Paraguay, Uruguay and the United States of America. It also operates online commerce platforms in the Dominican Republic, Panama, Bolivia, Guatemala, Paraguay and Portugal. It offers its users an eco-system of over six related e-commerce services: the MercadoLibre Marketplace, The MercadoLibre Classifieds Service, the MercadoPago payments solution, the MercadoLibre Advertising program, the MercadoShops online Webstores solution and the Mercado Envios shipping service. It operates a real estate classified platform in the United States.