REGIS CORPORATION (NYSE:RGS) Files An 8-K Submission of Matters to a Vote of Security HoldersITEM 5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
On October17, 2017, Regis Corporation (the “Company”) held its Annual Meeting of Shareholders (the “Annual Meeting”) in Edina, Minnesota. At the Annual Meeting, the following four proposals were voted on by the Company’s shareholders. The proposals are described in detail in the Proxy Statement for the Annual Meeting.
1. Election of Directors. The shareholders elected the seven director nominees to serve for a one-year term. The results of the vote on the election of directors were as follows:
|
DIRECTORNOMINEE |
For |
Against |
Abstain |
Broker Non-Votes |
|
Daniel G. Beltzman |
37,328,539 |
1,056,694 |
11,890 |
5,859,498 |
|
David J. Grissen |
38,009,747 |
375,376 |
12,000 |
5,859,498 |
|
Mark S. Light |
37,120,186 |
1,265,039 |
11,898 |
5,859,498 |
|
Michael J. Merriman |
37,701,607 |
683,624 |
11,892 |
5,859,498 |
|
M. Ann Rhoades |
37,969,673 |
415,507 |
11,943 |
5,859,498 |
|
Hugh E. Sawyer III |
38,078,652 |
314,069 |
4,402 |
5,859,498 |
|
David P. Williams |
38,055,605 |
330,353 |
11,165 |
5,859,498 |
2. Say-on-Pay Proposal. The shareholders approved the advisory proposal on the compensation of the Company’s named executive officers. The results of the advisory vote on the say-on-pay proposal were as follows:
|
For |
37,771,235 |
|
Against |
389,873 |
|
Abstain |
236,015 |
|
Broker Non-Votes |
5,859,498 |
3. Say-on-Pay Frequency Proposal. The shareholders approved the advisory proposal on the frequency of future advisory votes on executive compensation. The results of the advisory vote on the say-on-pay proposal were as follows:
|
1 Year |
30,784,553 |
|
2 Years |
2,525 |
|
3 Years |
7,564,653 |
|
Abstain |
45,392 |
|
Broker Non-Votes |
5,859,498 |
4. Ratification of Appointment of Independent Registered Public Accounting Firm. The shareholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending June30, 2018. The results of the vote on the ratification of the appointment of PricewaterhouseCoopers were as follows:
|
For |
44,169,159 |
|
Against |
49,958 |
|
Abstain |
37,504 |
About REGIS CORPORATION (NYSE:RGS)
Regis Corporation owns, franchises and operates beauty salons. The Company operates through three segments: North American Value, North American Premium and International. As of June 30, 2016, the Company’s North American Value salon operations consisted of 5,784 Company-owned salons and 2,496 franchised salons operating in the United States, Canada and Puerto Rico. As of June 30, 2016, the Company’s North American Premium salon operations consisted of 680 Company-owned salons operating in the United States, Canada, and Puerto Rico. As of June 30, 2016, the Company’s International operations consisted of 328 Company-owned salons in the United Kingdom. The services supplied by its salons include haircutting and styling, hair coloring and other services. As of June 30, 2016, it owned, franchised or held ownership interests in 9,483 locations around the world. The Company’s salons operate primarily under the trade names of SmartStyle, Supercuts, MasterCuts, Regis Salons and Cost Cutters.