SJW Group (NYSE:SJW) Files An 8-K Results of Operations and Financial Condition
Item 2.02:
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Results of Operations and Financial Condition.
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financial results for the quarter ended March 31, 2017. A copy of
the press release announcing the financial results is attached
hereto as Exhibit 99.1 and incorporated into this Form 8-K
by>reference.
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Item 5.07:
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Submission of Matters to a Vote of Security Holders.
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April 26, 2017, the following proposals were approved by the
stockholders: (i) the election of nine nominees listed in the
proxy statement to serve on the Board of Directors of the
Corporation, (ii) the compensation of the named executive
officers as disclosed in the proxy statement, on an advisory
basis, (iii) the frequency of every one year to hold stockholder
vote to approve the compensation of the named executive officers,
on an advisory basis, and (iv) the ratification of the
appointment of KPMG LLP as the independent registered public
accounting firm for 2017, each by the votes set forth below:
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Proposal 1: Election of Directors:
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Name of Director
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For
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Against
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Abstain
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Broker Non-Votes
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Katharine Armstrong
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15,665,534
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261,475
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22,151
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3,143,462
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Walter J. Bishop
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15,491,058
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435,147
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22,955
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3,143,462
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Douglas R. King
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15,758,502
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165,578
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25,080
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3,143,462
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Gregory P. Landis
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15,725,285
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189,928
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33,947
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3,143,462
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Debra C. Man
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15,419,014
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503,560
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26,586
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3,143,462
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Daniel B. More
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15,666,747
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253,868
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28,545
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3,143,462
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George E. Moss
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15,020,078
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905,322
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23,760
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3,143,462
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W. Richard Roth
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15,719,718
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199,227
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30,215
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3,143,462
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Robert A. Van Valer
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15,772,920
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153,293
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22,947
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3,143,462
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Proposal 2: Approval, on an advisory basis, of the
compensation of the named executive officers as disclosed in the proxy statement: |
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For
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Against
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Abstain
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Broker Non-Votes
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15,387,874
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473,956
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87,330
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3,143,462
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Proposal 3: Approval, on an advisory basis, as to whether
the advisory stockholder vote to approve the compensation of the named executive officers should occur every year, once every two years or once every three years: |
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1 Year
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2 Years
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3 Years
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Abstain
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Broker Non-Votes
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13,678,269
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59,479
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2,170,747
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40,665
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3,143,462
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will include an advisory stockholder vote on the compensation of
the named executive officers in its proxy materials once every
year until the next required vote on the frequency of stockholder
votes on the compensation of named executive officers.
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Proposal 4: Ratification of Appointment of Independent
Registered Public Accounting Firm: |
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For
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Against
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Abstain
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Broker Non-Votes
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18,972,250
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53,495
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66,877
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Item 9.01:
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Financial Statements and Exhibits.
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(d)
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Exhibits
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Exhibit
Number
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Description of Document
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99.1
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Press Release issued by SJW Group, dated April 26, 2017
announcing the 2017 First Quarter Financial Results. |
About SJW Group (NYSE:SJW)
SJW Group, formerly SJW Corp., is a holding company. The Company’s subsidiaries include San Jose Water Company, SJWTX, Inc., SJW Land Company and Texas Water Alliance Limited (TWA). SJWTX, Inc. is doing business as Canyon Lake Water Service Company (CLWSC). It operates through the segments, which include Water Utility Services, Real Estate Services and All Other. Its Water Utility Services segment provides water utility and utility-related services to its customers through its subsidiaries, such as San Jose Water Company, CLWSC and TWA. The Real Estate Services segment includes property management and investment activity conducted by SJW Land Company. The Company’s All Other segment includes its other business activities. San Jose Water Company distributes water to customers in accordance with accepted water utility methods. SJW Land Company owns undeveloped land, and owns and operates a portfolio of commercial buildings in the states of California, Texas, Arizona and Tennessee. SJW Group (NYSE:SJW) Recent Trading Information
SJW Group (NYSE:SJW) closed its last trading session up +0.24 at 51.99 with 82,280 shares trading hands.