NMI Holdings, Inc. (NASDAQ:NMIH) 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. On March 17, 2017, the record date for the Annual Meeting,
59,470,929 shares of the Companys common stock were outstanding and
entitled to vote, of which 86% were present for purposes of
establishing a quorum. At that meeting, shareholders took the
following actions with respect to the proposals described in the
Company’s 2017 Annual Proxy Statement, filed on March 30, 2017:
|
1.
|
The following directors were elected:
|
|
|
|
For
|
Withheld
|
Broker Non-Votes
|
||
|
Bradley M. Shuster
|
|
43,458,579
|
|
692,834
|
|
6,810,053
|
|
Michael Embler
|
|
33,805,253
|
|
10,346,160
|
|
6,810,053
|
|
James G. Jones
|
|
43,550,083
|
|
601,330
|
|
6,810,053
|
|
Michael Montgomery
|
|
43,549,483
|
|
601,930
|
|
6,810,053
|
|
Regina Muehlhauser
|
|
43,537,553
|
|
613,860
|
|
6,810,053
|
|
James H. Ozanne
|
|
33,754,217
|
|
10,397,196
|
|
6,810,053
|
|
Steven L. Scheid
|
|
33,796,545
|
|
10,354,868
|
|
6,810,053
|
|
2.
|
The NMI Holdings, Inc. Amended and Restated 2014 Omnibus
Incentive Plan (included as Appendix A to the 2017 Proxy) was approved by the following vote: |
|
For
|
|
Against
|
|
Abstain
|
|
Broker Non-Votes
|
|
31,448,578
|
|
12,381,529
|
|
321,306
|
|
6,810,053
|
|
3.
|
The ratification of the appointment of BDO USA, LLP as the
Company’s independent registered public accounting firm for the year ending December 31, 2017 was approved by the following vote: |
|
For
|
|
Against
|
|
Abstain
|
|
Broker Non-Votes
|
|
50,541,669
|
|
57,886
|
|
361,911
|
|
About NMI Holdings, Inc. (NASDAQ:NMIH)
NMI Holdings, Inc. (NMIH) provides private mortgage guaranty insurance (MI) through its insurance subsidiaries. The Company’s insurance subsidiary, National Mortgage Insurance Corporation (NMIC), is an MI provider on loans purchased by Fannie Mae and Freddie Mac (collectively the Government-sponsored enterprises(GSEs)). The Company’s reinsurance subsidiary, National Mortgage Reinsurance Inc One, provides reinsurance to NMIC on certain loans insured by NMIC. MI protects mortgage lenders from default-related losses on residential mortgage loans made to home buyers making down payments of less than 20% of the home’s purchase price. The Company originates primary mortgage insurance coverage through its delegated and non-delegated underwriting programs. Its residential mortgage insurance products primarily provide first loss protection on loans originated by residential mortgage lenders and sold to the GSEs and on low down payment loans held by portfolio lenders. NMI Holdings, Inc. (NASDAQ:NMIH) Recent Trading Information
NMI Holdings, Inc. (NASDAQ:NMIH) closed its last trading session down -0.05 at 10.90 with 228,005 shares trading hands.