Sotheby’s (NYSE:BID) 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 on May 12, 2017 (the Meeting). The number of shares of
common stock present at the Meeting was 40,511,311, or 75.85%, of
the shares of common stock outstanding on March 17, 2017, the
record date for the Meeting. At the Meeting, the following items
were submitted to a vote of stockholders:
following votes:
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Number of Votes*
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|||||||
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Director
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FOR
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WITHHELD
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ABSTAIN
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|||
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Jessica M. Bibliowicz
|
|
36,889,729
|
|
|
200,687
|
|
|
19,447
|
|
|
Linus W. L. Cheung
|
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37,046,607
|
|
44,081
|
|
19,175
|
|||
|
Kevin C. Conroy
|
|
36,903,865
|
|
|
186,751
|
|
|
19,247
|
|
|
Domenico De Sole
|
|
37,021,904
|
|
59,315
|
|
28,644
|
|||
|
The Duke of Devonshire
|
|
36,957,031
|
|
|
132,311
|
|
|
20,521
|
|
|
Daniel S. Loeb
|
|
36,944,182
|
|
145,502
|
|
20,179
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|||
|
Olivier Reza
|
|
36,962,309
|
|
|
128,061
|
|
|
19,493
|
|
|
Marsha E. Simms
|
|
37,056,693
|
|
33,678
|
|
19,492
|
|||
|
Thomas S. Smith, Jr.
|
|
37,038,906
|
|
|
51,289
|
|
|
19,668
|
|
|
Diana L. Taylor
|
|
36,880,520
|
|
208,883
|
|
20,460
|
|||
|
Dennis M. Weibling
|
|
36,732,249
|
|
|
348,974
|
|
|
28,640
|
|
|
Harry J. Wilson
|
|
36,835,041
|
|
246,057
|
|
28,765
|
approved with the following vote:
|
Number of votes FOR
|
36,385,714
|
|
|
Number of votes AGAINST
|
700,918
|
|
|
Number of votes ABSTAINING
|
23,231
|
|
|
Number of votes BROKER NON-VOTES
|
3,401,448
|
|
proposal. The matter was approved with the following vote:
|
Number of votes for ONE YEAR
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32,489,637
|
|
|
Number of votes for TWO YEARS
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98,338
|
|
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Number of votes for THREE YEARS
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4,500,742
|
|
|
Number of votes ABSTAINING
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21,146
|
|
|
Number of votes BROKER NON-VOTES
|
3,401,448
|
Directors’ recommendation in the proxy statement, the Board has
determined to hold an advisory vote on executive compensation
annually.
Company’s independent public accounting firm for 2017. The matter
was approved with the following vote:
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Number of votes FOR
|
39,810,946
|
|
|
Number of votes AGAINST
|
666,592
|
|
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Number of votes ABSTAINING
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33,773
|
About Sotheby’s (NYSE:BID)
Sotheby’s is a global art business company. The Company is engaged in offering its clients opportunities to connect with and transact in a range of objects. The Company offers a range of art-related services, including the brokerage of private art sales, private jewelry sales through Sotheby’s Diamonds, private selling exhibitions at its galleries, art-related financing, and art advisory services, as well as retail wine locations in New York and Hong Kong. The Company operates through two segments: Agency and Finance. The Agency segment matches buyers and sellers of authenticated fine art, decorative art, jewelry, wine and collectibles (collectively, art or works of art or artwork or property) through the auction or private sale process. The Finance segment is engaged in art-related financing activities by making loans that are secured by works of art. The Company’s advisory services are classified within All Other segment. Sotheby’s (NYSE:BID) Recent Trading Information
Sotheby’s (NYSE:BID) closed its last trading session up +0.55 at 50.00 with 824,917 shares trading hands.
