SILGAN HOLDINGS INC. (NASDAQ:SLGN) 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.
stockholders. At such annual meeting, stockholders of the
Registrant voted on the matters set forth below, and the final
voting results for such matters are set forth below.
| 1. |
Each of the two nominees for election to the Board of
Directors of the Registrant was elected, to serve until the Registrant’s annual meeting of stockholders in 2020 and until his successor is duly elected and qualified, based upon the following votes: |
|
Nominee
|
For
|
Withhold Authority
|
Broker Non-Votes
|
|
D. Greg Horrigan
|
34,239,467
|
17,803,965
|
1,135,440
|
|
John W. Alden
|
50,055,132
|
1,988,300
|
1,135,440
|
|
2.
|
The proposal to ratify the appointment of Ernst Young
LLP as the Registrant’s independent registered public accounting firm for the fiscal year ending December 31, 2017 was approved based upon the following votes: |
|
For
|
52,250,379
|
|
Against
|
918,818
|
|
Abstain
|
9,675
|
|
3.
|
The non-binding advisory vote to approve the
compensation of the Named Executive Officers of the Registrant received the following votes: |
|
For
|
49,985,938
|
|
Against
|
2,049,699
|
|
Abstain
|
7,795
|
|
Broker Non-Votes
|
1,135,440
|
| 4. |
The non-binding advisory vote on the frequency for the
advisory vote on the compensation of the Named Executive Officers of the Registrant received the following votes: |
|
Every Year
|
48,292,818
|
|
Every Two Years
|
8,537
|
|
Every Three Years
|
3,730,494
|
|
Abstain
Broker Non-Votes
|
11,583
1,135,440
|
stockholders vote, on an advisory basis, for every year as the
frequency for an advisory vote on the compensation of Named
Executive Officers of the Registrant. Based on the Board of
Directors’ recommendation and taking into account the fact that
the voting result for this matter is consistent with such
recommendation, the Registrant will hold a non-binding advisory
vote on the compensation of its Named Executive Officers every
year at its annual meeting of stockholders until the next
required non-binding advisory vote on the frequency of the same,
which is no later than the Registrant’s annual meeting of
stockholders in 2023.
About SILGAN HOLDINGS INC. (NASDAQ:SLGN)
Silgan Holdings Inc. (Silgan) is a manufacturer of rigid packaging for shelf-stable food and other consumer goods products. The Company operates through three segments: metal container, closures and plastic container. The Company’s products include steel and aluminum containers for human and pet food and general line products; metal, composite and plastic closures for food and beverage products, and custom designed plastic containers and closures for personal care, food, healthcare, pharmaceutical, household and industrial chemical, pet care, agricultural, automotive and marine chemical products. Its metal container business is engaged in the manufacture and sale of steel and aluminum containers that are used primarily by processors and packagers for food products, such as soup, vegetables, fruit, meat, tomato-based products, seafood, coffee, adult nutritional drinks, pet food and other miscellaneous food products, as well as general line metal containers primarily for chemicals.
