SEARS HOLDINGS CORPORATION (NASDAQ:SHLD) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07 Submission of Matters to a Vote of Security Holders.
On May10, 2017, Sears Holdings Corporation (the Company) held its
annual meeting of stockholders at the Companys offices in Hoffman
Estates, Illinois. The meeting was held to vote on the matters
described below.
1. Election of
Directors. Bruce R. Berkowitz, Paul G.
DePodesta, Kunal S. Kamlani, William C. Kunkler, III, Edward S.
Lampert, Ann N. Reese and Thomas J. Tisch were elected to the
Board of Directors for a one-year term expiring at the 2018
annual meeting of stockholders and until their successors are
elected and qualified. The votes on this matter were as follows:
|
Name |
For | Withheld | Broker Non-Votes | |||||||||
|
Bruce R. Berkowitz |
87,086,676 | 260,342 | 9,746,561 | |||||||||
|
Paul G. DePodesta |
86,923,056 | 423,962 | 9,746,561 | |||||||||
|
Kunal S. Kamlani |
87,108,169 | 238,849 | 9,746,561 | |||||||||
|
William C. Kunkler, III |
87,171,220 | 175,798 | 9,746,561 | |||||||||
|
Edward S. Lampert |
87,074,372 | 272,646 | 9,746,561 | |||||||||
|
Ann N. Reese |
86,916,193 | 430,825 | 9,746,561 | |||||||||
|
Thomas J. Tisch |
86,987,497 | 359,521 | 9,746,561 |
2. Advisory
Vote to
Approve the
Compensation of
Named Executive
Officers. The stockholders approved, by an
advisory vote, the compensation of the Companys named executive
officers as described in the Companys proxy statement. The votes
on this matter were as follows:
|
For |
Against |
Abstain |
Broker Non-Votes |
|||
| 85,929,631 | 1,312,561 | 104,826 | 9,746,561 |
3. Advisory
Vote on the
Frequency of
the Advisory
Vote on the
Compensation of
Named Executive
Officers. The stockholders approved, by an
advisory vote, 1 Year as the frequency of the advisory vote
regarding the compensation of the Companys named executive
officers. The votes on this matter were as follows:
|
1Year |
2Years |
3Years |
Abstain |
Broker Non-Votes |
||||
| 86,990,733 | 33,954 | 230,666 | 91,665 | 9,746,561 |
Based on these results, the Company will continue to hold an
annual advisory vote on the compensation of the named executive
officers until the next required vote on the frequency of
stockholder votes on the compensation of executives.
4. Ratification
of the
Appointment of
Deloitte Touche
LLP as the
Companys
Independent Registered
Public Accounting
Firm for
Fiscal Year
2017. The stockholders ratified the Audit
Committees appointment of Deloitte Touche LLP as the Companys
independent registered public accounting firm for fiscal year
2017. The votes on this matter were as follows:
|
For |
Against |
Abstain |
||
| 96,447,944 | 586,800 | 58,835 |
About SEARS HOLDINGS CORPORATION (NASDAQ:SHLD)
Sears Holdings Corporation is an integrated retailer. The Company is the parent company of Kmart Holding Corporation (Kmart) and Sears, Roebuck and Co. (Sears). It operates through two segments: Kmart and Sears Domestic. It operates approximately 940 Kmart stores across over 50 states, Guam, Puerto Rico and the United States Virgin Islands. Kmart stores carry an array of products across various merchandise categories, including seasonal merchandise, toys, lawn and garden equipment, food and consumables and apparel, including products sold under labels, such as Jaclyn Smith, Joe Boxer and Alphaline and certain Sears brand products (such as Kenmore, Craftsman and DieHard) and services. Its Sears Domestic segment’s operations consist of full-line stores, specialty stores, commercial sales and home services. Full-line stores offer an array of products and service offerings across various merchandise categories, including appliances, consumer electronics/connected solutions and tools. SEARS HOLDINGS CORPORATION (NASDAQ:SHLD) Recent Trading Information
SEARS HOLDINGS CORPORATION (NASDAQ:SHLD) closed its last trading session down -1.08 at 10.16 with 949,112 shares trading hands.