NUCOR CORPORATION (NYSE:NUE) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07.
|
Submission of Matters to a Vote of Security Holders. |
(a) Nucor Corporation (the Corporation) held its annual meeting
of stockholders on May11, 2017.
(b) At the Annual Meeting, stockholders elected all eight of the
directors nominated by the Board to serve for a term of one year
and until their successors are duly elected and qualified. Each
director received a greater number of votes cast for his or her
election than votes withheld from his or her election as
reflected below. The stockholders also ratified the appointment
of PricewaterhouseCoopers LLP as the Corporations independent
registered public accounting firm for the year ending December31,
2017. Additionally, the stockholders approved, on an advisory
basis, the compensation of the Corporations named executive
officers as disclosed in the Corporations proxy statement dated
March23, 2017 (the 2017 Proxy Statement) and voted, on an
advisory basis, to conduct future advisory votes on named
executive officer compensation every year. The stockholders did
not approve the two stockholder proposals presented at the Annual
Meeting. For more information on the proposals, see the 2017
Proxy Statement. The final voting results for each of the
proposals presented at the Annual Meeting are set forth below.
| 1. | Election of Directors: |
|
Director |
Votes For |
Votes Withheld |
Broker Non-Votes |
|||
|
Patrick J. Dempsey |
250,136,362 | 2,746,397 | 33,492,297 | |||
|
John J. Ferriola |
238,209,941 | 14,672,818 | 33,492,297 | |||
|
Gregory J. Hayes |
249,915,279 | 2,967,480 | 33,492,297 | |||
|
VictoriaF.Haynes,Ph.D. |
247,083,519 | 5,799,240 | 33,492,297 | |||
|
Bernard L. Kasriel |
250,649,730 | 2,233,029 | 33,492,297 | |||
|
Christopher J. Kearney |
250,937,743 | 1,945,016 | 33,492,297 | |||
|
Laurette T. Koellner |
250,013,949 | 2,868,810 | 33,492,297 | |||
|
John H. Walker |
248,940,145 | 3,942,614 | 33,492,297 |
| 2. |
Ratification of the appointment of PricewaterhouseCoopers LLP as the Corporations independent registered public accounting firm for the year ending December 31, 2017: |
|
Votes For |
Votes Against |
Abstentions |
||
|
282,982,660 |
2,731,545 | 660,851 |
| 3. |
Advisory vote on named executive officer compensation: |
|
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
|||
|
241,813,830 |
9,530,959 | 1,537,970 | 33,492,297 |
2
| 4. |
Advisory vote on the frequency of future advisory votes on named executive officer compensation: |
|
3 Years |
2 Years |
1 Year |
Abstentions |
BrokerNon-Votes |
||||
|
97,329,696 |
1,942,118 | 152,643,925 | 967,020 | 33,492,297 |
| 5. |
Stockholder proposal regarding political lobbying report: |
|
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
|||
|
93,458,258 |
153,660,654 | 5,763,847 | 33,492,297 |
| 6. |
Stockholder proposal regarding greenhouse gas emissions: |
|
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
|||
|
83,608,337 |
163,321,610 | 5,952,812 | 33,492,297 |
(d) Based on the voting results, the Board has adopted a policy
that the Corporation will include an advisory stockholder vote on
named executive officer compensation in the Corporations proxy
materials on an annual basis until the next required advisory
vote on the frequency of stockholder votes on named executive
officer compensation, which will occur no later than the
Corporations annual meeting of stockholders in 2023.
3
About NUCOR CORPORATION (NYSE:NUE)
Nucor Corporation (Nucor) manufactures steel and steel products. The Company also produces direct reduced iron (DRI) for use in the Company’s steel mills. It also processes ferrous and nonferrous metals and brokers ferrous and nonferrous metals, pig iron, hot briquetted iron (HBI) and DRI. Nucor operates in three segments: steel mills, steel products and raw materials. Its steel mills segment produces and distributes sheet steel (hot-rolled, cold-rolled and galvanized), plate steel, structural steel (wide-flange beams, beam blanks, H-piling and sheet piling) and bar steel (blooms, billets, concrete reinforcing bar, merchant bar, wire rod and special bar quality). Its steel products segment produces steel joists and joist girders, steel deck, fabricated concrete reinforcing steel and cold finished steel. Its raw materials segment produces DRI; brokers ferrous and nonferrous metals, pig iron, HBI and DRI; supplies ferro-alloys, and processes ferrous and nonferrous scrap metal. NUCOR CORPORATION (NYSE:NUE) Recent Trading Information
NUCOR CORPORATION (NYSE:NUE) closed its last trading session up +0.18 at 57.78 with 3,364,639 shares trading hands.