NVR, Inc. (NYSE:NVR) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07Submission of Matters to a Vote of Security Holders.
On May 2, 2018, NVR, Inc. (the “Company”) held its Annual Meeting of Shareholders. There were 3,664,971 shares of the Company’s common stock eligible to vote at the Annual Meeting. The following are the matters voted upon at the Annual Meeting and the final results of the votes on such matters:
1. Election of all directors for one-year terms:
|
Votes For |
Votes Against |
Abstentions |
Broker Non-votes |
|
|
Dwight C. Schar |
3,102,417 |
31,522 |
1,590 |
291,946 |
|
C.E. Andrews |
3,116,157 |
14,728 |
4,644 |
291,946 |
|
Timothy M. Donahue |
3,093,705 |
38,632 |
3,221 |
291,917 |
|
Thomas D. Eckert |
3,114,032 |
15,339 |
6,158 |
291,946 |
|
Alfred E. Festa |
3,106,204 |
23,593 |
5,732 |
291,946 |
|
Ed Grier |
3,126,382 |
4,286 |
4,861 |
291,946 |
|
Manuel H. Johnson |
3,081,693 |
50,805 |
3,031 |
291,946 |
|
Mel Martinez |
3,106,534 |
24,085 |
4,910 |
291,946 |
|
William A. Moran |
2,854,502 |
274,458 |
6,569 |
291,946 |
|
David A. Preiser |
2,985,827 |
117,772 |
31,930 |
291,946 |
|
W. Grady Rosier |
3,112,898 |
17,629 |
5,002 |
291,946 |
|
Susan Williamson Ross |
3,107,971 |
22,659 |
4,899 |
291,946 |
2. Ratification of the appointment of KPMG LLP as Independent Auditor for 2018:
|
Votes For |
Votes Against |
Abstentions |
|
3,388,446 |
36,034 |
2,995 |
3. Approval, in a non-binding advisory vote, of the compensation of the Company’s named executive officers:
|
Votes For |
Votes Against |
Abstentions |
Broker Non-votes |
|
3,081,565 |
46,519 |
7,445 |
291,946 |
4. Approval of the 2018 Equity Incentive Plan:
|
Votes For |
Votes Against |
Abstentions |
Broker Non-votes |
|
2,026,169 |
1,103,830 |
5,530 |
291,946 |
About NVR, Inc. (NYSE:NVR)
NVR, Inc. is engaged in the construction and sale of single-family detached homes, townhomes and condominium buildings. The Company also operates a mortgage banking and title services business. The Company’s mortgage banking operations are operated primarily through a subsidiary, NVR Mortgage Finance, Inc. (NVRM). The Company operates in multiple locations in approximately 14 states and Washington, D.C., primarily in the eastern part of the United States. Its homebuilding business operates under four trade names, such as Ryan Homes, NVHomes, Fox Ridge Homes and Heartland Homes. The Ryan Homes and Fox Ridge Homes products are marketed primarily to first-time and first-time move-up buyers. The NVHomes and Heartland Homes products are marketed primarily to move-up and up-scale buyers. The Company’s homes combine traditional, transitional, cottage or urban exterior designs with interior designs and amenities, which include 2 to 4 bedrooms and range from 1,000 to 7,000 square feet.
