PPL Corporation (NYSE:PPL) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k

8 years ago

PPL Corporation (NYSE:PPL) 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

At the Annual Meeting of Shareowners of PPL Corporation (“PPL”
or the “Company”) held on May 17, 2017, the shareowners:

Elected all nine nominees for the office of director. The votes
for individual nominees were:



	Number of Votes
	For	Against	Abstain	Broker Non-Vote
Rodney C. Adkins	495,124,841	5,995,332	2,254,191	96,827,509
John W. Conway	483,394,086	17,779,357	2,200,920	96,827,509
Steven G. Elliott	497,641,420	3,498,372	2,234,572	96,827,509
Raja Rajamannar	492,249,609	8,523,998	2,600,756	96,827,509
Craig A. Rogerson	487,854,329	13,277,192	2,242,843	96,827,509
William H. Spence	476,878,673	22,892,428	3,603,262	96,827,509
Natica von Althann	493,273,295	7,710,001	2,391,068	96,827,509
Keith H. Williamson	494,389,983	6,732,330	2,252,050	96,827,509
Armando Zagalo de Lima	496,587,078	4,283,867	2,503,418	96,827,509

Approved, on an advisory basis, the 2016 compensation of the
Company’s named executive officers.



For	Against	Abstain	Broker Non-Vote
469,730,587	28,854,771	4,788,066	96,828,449

Approved, on an advisory basis, for future advisory votes on
executive compensation to occur each year



One Year	Two Years	Three Years	Abstain	Broker Non-Vote
442,197,301	4,449,239	52,907,927	3,818,957	96,828,449

Approved the PPL Corporation Amended and Restated 2016 Stock
Incentive Plan.



For	Against	Abstain	Broker Non-Vote
467,272,323	31,393,424	4,707,676	96,828,449

Ratified the appointment of Deloitte Touche LLP as the Company’s
independent registered public accounting firm for the year ending
December 31, 2017.



For	Against	Abstain	Broker Non-Vote
592,565,656	5,375,721	2,260,495	96,828,449

Approved a non-binding shareowner proposal requesting PPL to
publish an assessment of the long-term impacts on the Companys
portfolio, of public policies and technological advances that are
consistent with limiting global warming to no more than two
degrees Celsius over pre-industrial levels.



For	Against	Abstain	Broker Non-Vote
266,269,673	202,519,416	34,584,335	96,828,449

As shown above, the shareowners voted, in an advisory,
non-binding vote, in favor of having a shareowner vote to approve
the compensation of the Company’s named executive officers every
year. In light of such vote, and consistent with the Company’s
recommendation, the Company’s Board of Directors determined that
it currently intends to include an advisory, non-binding vote to
approve the compensation of the Company’s named executive
officers every year until the next required vote on the frequency
of shareowner votes on the compensation of the Company’s named
executive officers.

About PPL Corporation (NYSE:PPL)
PPL Corporation (PPL) is a utility holding company. Through its subsidiaries, PPL delivers electricity to customers in the United Kingdom, Pennsylvania, Kentucky, Virginia and Tennessee; delivers natural gas to customers in Kentucky, and generates electricity from power plants in Kentucky. It operates through three segments: U.K. Regulated Segment, Kentucky Regulated Segment and Pennsylvania Regulated Segment. The U.K. Regulated Segment comprises PPL Global, which includes PPL WPD Limited and its subsidiaries’ regulated electricity distribution operations, among others. The Kentucky Regulated segment consists of the operations of LG&E and KU Energy LLC, a subsidiary of PPL, which owns and operates regulated public utilities engaged in the generation, transmission, distribution and sale of electricity and distribution and sale of natural gas. The Pennsylvania Regulated segment consists of the operations of PPL Electric Utilities Corporation, which distributes and transmits electricity. PPL Corporation (NYSE:PPL) Recent Trading Information
PPL Corporation (NYSE:PPL) closed its last trading session up +0.11 at 38.80 with 3,960,886 shares trading hands.