SINCLAIR BROADCAST GROUP, INC. (NASDAQ:SBGI) 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.
Inc. (the Company) was held on June 1, 2017. At the meeting, five
items, as set forth in the Proxy Statement, were submitted to the
shareholders for a vote.
nominated for directors as set forth in the Proxy Statement, for
a term expiring at the next annual shareholders meeting in 2018
or until their respective successors have been elected and
qualified. The table below sets forth the results of the voting
for nominated directors:
|
Election of Directors
|
|
For
|
|
Against or Withheld
|
|
Broker Non-Votes
|
|
|||
|
David D. Smith
|
|
281,657,634
|
|
|
17,019,148
|
|
|
6,410,626
|
|
|
|
Frederick G. Smith
|
|
281,748,281
|
|
16,928,501
|
|
6,410,626
|
|
|||
|
J. Duncan Smith
|
|
281,748,069
|
|
|
16,928,713
|
|
|
6,410,626
|
|
|
|
Robert E. Smith
|
|
282,304,175
|
|
16,372,607
|
|
6,410,626
|
|
|||
|
Lawrence E. McCanna
|
|
295,693,967
|
|
|
2,982,815
|
|
|
6,410,626
|
|
|
|
Daniel C. Keith
|
|
294,340,813
|
|
4,335,969
|
|
6,410,626
|
|
|||
|
Martin R. Leader
|
|
278,947,066
|
|
|
19,729,716
|
|
|
6,410,626
|
|
|
|
Howard E. Friedman
|
|
295,347,171
|
|
3,329,611
|
|
6,410,626
|
|
Accounting Firm
appointment of PricewaterhouseCoopers LLP as the Companys
independent auditors for the fiscal year ending December 31,
2017. The table below sets forth the results of the voting for
the ratification of PricewaterhouseCoopers LLP:
|
For
|
|
Against
|
|
Abstain
|
|
Broker Non-Votes
|
|
||||
|
302,604,829
|
|
|
2,476,577
|
|
|
6,002
|
|
|
|
|
Company’s executive compensation, in a non-binding vote. The
table below sets forth the results of the voting for the
executive compensation:
|
For
|
|
Against
|
|
Abstain
|
|
Broker Non-Votes
|
|
||||
|
292,791,327
|
|
|
5,811,192
|
|
|
74,263
|
|
|
6,410,626
|
|
|
Executive Compensation
non-binding advisory vote a triennial advisory vote on our
executive compensation. The table below sets forth the results of
the voting for the frequency vote on our executive compensation:
|
Three Years
|
|
Two Years
|
|
One Year
|
|
Abstain
|
|
Broker Non-Votes
|
|
|||||
|
258,937,423
|
|
|
31,518
|
|
|
39,655,044
|
|
|
52,797
|
|
|
6,410,626
|
|
|
and determined to implement a triennial advisory vote on the
compensation of the Companys named executive officers.
Formula and Incentive Plan
Company’s Executive Performance Formula and Incentive Plan. The
table below sets forth the results of the voting for the the
Executive Performance Formula and Incentive Plan:
|
For
|
|
Against
|
|
Abstain
|
|
Broker Non-Votes
|
|
||||
|
279,218,767
|
|
|
19,394,438
|
|
|
63,577
|
|
|
6,410,626
|
|
|
About SINCLAIR BROADCAST GROUP, INC. (NASDAQ:SBGI)
Sinclair Broadcast Group, Inc. is a television broadcasting company. The Company owns or provides certain programming, operating or sales services to television stations in the United States. The Company’s segments include Broadcast, Other and Corporate. The Broadcast segment consists of all of its television stations. The Other segment primarily consists of original networks and content, digital and Internet solutions, technical services and other non-media investments. The Company owns and provides programming and operating services pursuant to local marketing agreements (LMAs), or provides sales services and other non-programming operating services pursuant to joint sales agreements (JSA) and shared services agreements (SSA) to approximately 160 stations in over 80 markets. These stations broadcast over 440 channels, including 215 channels affiliated with primary networks or program service providers. It has a total of over 10 other low powered stations.