OPPENHEIMER HOLDINGS INC. (NYSE:OPY) 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) On May8, 2017, Oppenheimer Holdings Inc. (the Company) held
its Annual Meeting of Stockholders (the Annual Meeting) in New
York City.
(b) At the Annual Meeting, the holders of the Companys ClassB
voting common stock (ClassB Voting Stock) elected the nine
(9)nominees for director named below as directors to serve until
their successors are elected and qualified. The votes for such
persons were as follows:
|
Name |
|
For |
|
Withheld |
|
Broker Non- Votes |
|
|
E. Behrens |
96,748 |
|
|
||||
|
T.M. Dwyer |
96,748 |
|
|
||||
|
W. Ehrhardt |
96,748 |
|
|
||||
|
P.M.Friedman |
96,748 |
|
|
||||
|
M.A.M.Keehner |
96,748 |
|
|
||||
|
A.G. Lowenthal |
96,748 |
|
|
||||
|
R.S. Lowenthal |
96,748 |
|
|
||||
|
A.W. Oughtred |
96,748 |
|
|
||||
|
E.K. Roberts |
96,748 |
|
|
In addition, at the Annual Meeting, the holders of the Companys
ClassB Voting Stock (i)ratified the appointment of Deloitte
Touche LLP as the Companys independent registered public
accounting firm for the 2017 fiscal year and authorized the Audit
Committee to fix such auditors remuneration with 97,199 votes for
such proposal, 0 votes against, and 0 abstentions as to such
proposal; (ii)approved the compensation of the Companys named
executive officers with 96,690 votes for such proposal, 52 votes
against such proposal, 6 abstentions as to such proposal, and 451
broker-non votes on such proposal; (iii)voted for the 3 year
frequency option on future advisory votes on executive
compensation with 96,710 votes for 3 year frequency, 2 votes for
2 year frequency, 36 votes for 1 year frequency, 0 abstentions as
to such proposal, and 451 broker non-votes on such proposal; and
(iv)authorized the issuance of up to 1,000,000 shares of ClassA
non-voting common stock to the Companys 2014 Incentive Plan with
96,690 votes for such proposal, 52 votes against such proposal, 6
abstentions as to such proposal, and 451 broker non-votes on such
proposal.
(c) Not applicable.
(d) The Company will next include a shareholder advisory vote on
the compensation of its executives in its proxy materials for the
Annual Meeting of Stockholders to be held in 2020.
SECTION8 OTHER EVENTS
ITEM 8.01. Other Events.
On May8, 2017, representatives of the Company made a
presentation to attendees at the Annual Meeting regarding the
Company using the slides containing the information attached to
this Current Report on Form8-K as Exhibit99.1 (the Slides).
The information contained in the Slides is summary information
that is intended to be considered in the context of the
Companys Securities and Exchange Commission (SEC) filings and
other public announcements that the Company may make, by press
release or otherwise, from time to time. The Company undertakes
no duty or obligation to publicly update or revise the
information contained in this report, although it may do so
from time to time as its management believes is warranted. Any
such updating may be made through the filing of other reports
or documents with the SEC, through press releases or through
other public disclosure.
SECTION9 FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01. Financial Statements and Exhibits.
(d) The following Exhibitis submitted herewith.
|
ExhibitNo. |
|
Description |
|
99.1 |
Annual Meeting Presentation dated May8, 2017 |
About OPPENHEIMER HOLDINGS INC. (NYSE:OPY)
Oppenheimer Holdings Inc. is a middle-market investment bank and service broker-dealer. The Company is engaged in a range of activities in the securities industry, including retail securities brokerage, institutional sales and trading, investment banking, research, market-making, trust services, and investment advisory and asset management services. Its segments are Private Client, which provides financial services in the United States; Asset Management, which offers investment advisory services to its retail and institutional clients; Capital Markets, includes investment banking, institutional equities sales, trading, and research, taxable fixed income sales, trading, and research, public finance and municipal trading; Commercial Mortgage Banking, engaged in the business of originating and servicing Federal Housing Administration insured multifamily and healthcare facility loans and securitizing these loans into Government National Mortgage Association mortgage-backed securities. OPPENHEIMER HOLDINGS INC. (NYSE:OPY) Recent Trading Information
OPPENHEIMER HOLDINGS INC. (NYSE:OPY) closed its last trading session down -0.02 at 16.98 with 24,741 shares trading hands.