NorthWestern Corporation (NYSE:NWE) 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>
Energy (NYSE: NWE) (the Company), held its Annual Meeting of
Stockholders (the Annual Meeting) in Huron, South Dakota. At the
Annual Meeting, 43,472,436 shares of common stock, par value
$.01, were present in person or by proxies. This represented over
89 percent of the 48,335,246 shares of common stock outstanding
and entitled to vote at the Annual Meeting. At the Annual
Meeting, the stockholders:
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Elected all nine of the directors nominated by the Board of
Directors; |
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Ratified the appointment of Deloitte Touche LLP as the
Company’s independent registered public accounting firm; |
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Approved, on an advisory basis, the compensation of the
Company’s named executive officers, as described in the Company’s Proxy Statement; and |
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Indicated a preference, on an advisory basis, to hold future
advisory votes on executive compensation every year. |
nominated eight persons for election as directors of the Company,
each to hold office for a one-year term expiring at the 2018 annual
meeting of stockholders and until his or her successor is duly
elected and qualified. Each nominee was an incumbent director, and
no other person was nominated. The votes cast for or withheld with
respect to each nominee were as follows:
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Broker
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Name of Director
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For
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Withheld
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Non-Votes
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Stephen P. Adik
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40,955,695
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332,891
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2,183,850
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Anthony T. Clark
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41,201,912
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86,674
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2,183,850
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E. Linn Draper Jr.
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41,146,589
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141,997
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2,183,850
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Dana J. Dykhouse
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41,190,507
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98,079
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2,183,850
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Jan R. Horsfall
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41,183,568
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105,018
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2,183,850
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Britt E. Ide
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41,199,833
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88,753
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2,183,850
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Julia L. Johnson
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40,854,223
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434,363
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2,183,850
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Robert C. Rowe
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41,159,637
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128,949
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2,183,850
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Linda G. Sullivan
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41,203,459
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85,127
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2,183,850
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The votes cast with respect to the ratification of Deloitte Touche
LLP as our independent registered accounting firm were as follows:
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For
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Against
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Abstain
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43,059,507
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386,390
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26,539
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respect to the advisory vote to approve named executive officer
compensation were as follows:
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Broker
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For
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Against
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Abstain
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Non-Votes
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40,944,168
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265,626
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78,792
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2,183,850
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Compensation. The votes cast with respect to this matter were as
follows:
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Broker
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Every Year
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Every 2 Years
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Every 3 Years
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Abstain
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Non-Votes
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32,062,937
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20,230
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9,135,789
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69,630
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2,183,850
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proposal, the Companys Board of Directors has determined that the
Company will hold an annual advisory vote on executive compensation
until the next required vote on the frequency of future stockholder
votes on executive compensation, as required to Section 14A of the
Securities and Exchange Act of 1934, as amended, and the rules and
regulations promulgated thereunder. Under these existing rules and
regulations, the Company will hold the next frequency vote in
connection with its 2023 annual meeting of stockholders.
About NorthWestern Corporation (NYSE:NWE)
NorthWestern Corporation, doing business as North-Western Energy, provides electricity and natural gas. The Company provides electricity and natural gas to over 701,000 customers in Montana, South Dakota and Nebraska. It generates and distributes electricity in South Dakota; distributes natural gas in South Dakota and Nebraska, and generates and distributes electricity and distributed natural gas in Montana. The Company’s segments are Electric operations, Natural gas operations and All other, which primarily consists of unallocated corporate costs. The Company’s regulated electric utility business in Montana includes generation, transmission and distribution. Its service territory covers approximately 107,600 square miles, representing over 73% of Montana’s land area. Its regulated natural gas utility business in Montana includes production, storage, transmission and distribution. The Company distributes natural gas to approximately 191,500 customers in over 105 Montana communities. NorthWestern Corporation (NYSE:NWE) Recent Trading Information
NorthWestern Corporation (NYSE:NWE) closed its last trading session down -0.09 at 59.91 with 647,667 shares trading hands.