PINNACLE ENTERTAINMENT, INC. (NASDAQ:PNK) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k

8 years ago

PINNACLE ENTERTAINMENT, INC. (NASDAQ:PNK) 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.

(a)On May 1, 2017, Pinnacle Entertainment, Inc. (the Company)
held its Annual Meeting of Stockholders (the Annual Meeting).

(b)At the Annual Meeting, the stockholders of the Company (i)
elected eight directors to serve for the coming year on the
Companys Board of Directors; (ii) approved, on an advisory basis,
the compensation of the Companys named executive officers; (iii)
approved an advisory resolution in favor of holding an annual
vote on the compensation of the Companys named executive
officers; (iv) ratified the appointment of Ernst Young LLP as the
Companys independent auditors for the 2017 fiscal year; and (v)
approved the performance-based compensation provisions of the
2016 Equity and Performance Incentive Plan to comply with the
requirements of Section 162(m) of the Internal Revenue Code of
1986, as amended.

The following are the final voting results as to the five
proposals submitted at the Annual Meeting:

Proposal One:>Election of eight directors to serve for the
coming year on the Companys Board of Directors. The final vote
tabulation for each of the individual directors was as follows:



Nominee	For	Against	Abstain	Broker Non-Votes
Charles L. Atwood	47,489,593	889,273	9,830	4,326,138
Stephen C. Comer	48,014,349	333,567	40,780	4,326,138
Ron Huberman	48,333,200	8,661	46,835	4,326,138
James L. Martineau	46,850,766	1,496,448	41,482	4,326,138
Desire Rogers	47,571,592	774,441	42,663	4,326,138
Carlos A. Ruisanchez	47,725,264	653,121	10,311	4,326,138
Anthony M. Sanfilippo	48,367,621	10,925	10,150	4,326,138
Jaynie M. Studenmund	48,119,555	228,819	40,322	4,326,138

Proposal Two: Approval, on an advisory basis, of the compensation
of the Companys named executive officers. The final vote
tabulation was as follows:



For	Against	Abstain	Broker Non-Votes
47,243,551	1,129,963	15,182	4,326,138

Proposal Three: Advisory vote on the frequency of future advisory
votes on the compensation of the Companys named executive
officers. The final vote tabulation was as follows:



1 Year	2 Years	3 Years	Abstain	Broker Non-Votes
43,858,684	31,554	4,480,465	17,993	4,326,138

Based on these voting results, the Company has determined to hold
its advisory vote on the compensation of named executive officers
annually until the next required vote on the frequency of
stockholder votes on the compensation of the Companys named
executives officers.

Proposal Four: Ratification of the appointment of Ernst Young LLP
as the Companys independent auditors for the 2017 fiscal year.
The final vote tabulation was as follows:



For	Against	Abstain	Broker Non-Votes
52,339,933	335,533	39,368

Proposal Five: Approval of the performance-based compensation
provisions of the 2016 Equity and Performance Incentive Plan to
comply with the requirements of Section 162(m) of the Internal
Revenue Code of 1986, as amended. The final vote tabulation was
as follows:



For	Against	Abstain	Broker Non-Votes
38,136,760	10,233,290	18,646	4,326,138

Item 8.01 Other Events.

On May 2, 2017, the Company issued a press release announcing
that the Board of Directors had elected Anthony M. Sanfilippo as
Chairman of the Board and appointed Charles L. Atwood as Lead
Independent Director. A copy of the press release is filed as
Exhibit 99.1 to this Form 8-K and is incorporated herein by
reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.>



Exhibit No.		Description
Exhibit 99.1		Press Release dated May 2, 2017, issued by Pinnacle Entertainment, Inc.

About PINNACLE ENTERTAINMENT, INC. (NASDAQ:PNK)
Pinnacle Entertainment, Inc. is an owner, operator and developer of casinos and related hospitality and entertainment businesses. The Company operates through three segments: Midwest, South and West. The Company’s Midwest segment includes Ameristar Council Bluffs, Ameristar East Chicago, Ameristar Kansas City, Ameristar St. Charles, Belterra, Belterra Park, Meadows and River City. The Company’s South segment includes Ameristar Vicksburg, Boomtown Bossier City, Boomtown New Orleans, L’Auberge Baton Rouge and L’Auberge Lake Charles. The Company’s West segment includes Ameristar Black Hawk and Cactus Petes and Horseshu. As of September 30, 2016, the Company owned and operated 16 gaming entertainment businesses, located in Colorado, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada, Ohio and Pennsylvania. The Company’s gaming entertainment businesses include gaming, food and beverage, and retail facilities, which include hotel and resort amenities. PINNACLE ENTERTAINMENT, INC. (NASDAQ:PNK) Recent Trading Information
PINNACLE ENTERTAINMENT, INC. (NASDAQ:PNK) closed its last trading session up +0.36 at 21.34 with 266,319 shares trading hands.