Sprouts Farmers Market, Inc. (NASDAQ:SFM) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07. Submission of Matters to a Vote of Security Holders.
On May 2, 2018, Sprouts Farmers Market, Inc. (the “Company”) held its annual meeting of stockholders (the “Annual Meeting”) to consider and vote upon the following proposals: (1) to elect three Class II directors to serve until the 2021 annual meeting of stockholders or until their successors are duly elected and qualified; (2) to vote on a non-binding advisory resolution to approve the compensation of the Company’s named executive officers for fiscal 2017 (“say-on-pay”); and (3) to ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm of the Company for the fiscal year ending December 30, 2018.
Set forth below are the final voting results for each proposal submitted to a vote of the stockholders at the Annual Meeting. For more information on the following proposals, see the Company’s Proxy Statement.
Proposal 1:Election of the three Class II directors listed below to serve for a three-year term expiring at the Company’s 2021annual meeting of stockholders.All three director nominees were duly elected.
Nominee |
For |
Withheld |
Broker Non-Votes |
Joseph Fortunato |
103,506,753 |
1,134,962 |
17,805,600 |
Lawrence P. Molloy |
103,504,591 |
1,137,124 |
17,805,600 |
Joseph O’Leary |
103,872,725 |
768,990 |
17,805,600 |
Proposal 2: Advisory vote on the compensation paid to the Company’s named executive officers for fiscal 2017. This proposal was approved.
For |
Against |
Abstain |
Broker Non-Votes |
98,665,510 |
4,864,578 |
1,111,627 |
17,805,600 |
Proposal3: Ratification of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm.This proposal wasapproved.
For |
Against |
Abstain |
Broker Non-Votes |
121,058,019 |
970,805 |
418,491 |
– |
About Sprouts Farmers Market, Inc. (NASDAQ:SFM)
Sprouts Farmers Market, Inc. is a food retailer that offers natural and organic food, including produce, bulk foods, meat and seafood, bakery, dairy, frozen foods, body care and natural household items. The Company categorizes its products as perishable and non-perishable. Its perishable product category includes produce, meat, seafood, deli and bakery. Its non-perishable product category includes grocery, vitamins and supplements, bulk items, dairy and dairy alternatives, frozen foods, beer and wine, and body care and natural household items. Its bakery offering includes sandwich breads, rolls, tortillas, pitas, muffins, cookies and pies. It offers facial care products and make up, skin, hair, dental, baby care and grooming products. It offers a selection of craft beers, microbrews and beers, as well as a range of domestic and international wines. It also carries various sausages made in-store, as well as a selection of entrees, including gourmet burgers, pork chops and roasts. Sprouts Farmers Market, Inc. (NASDAQ:SFM) Recent Trading Information
Sprouts Farmers Market, Inc. (NASDAQ:SFM) closed its last trading session up +0.37 at 21.52 with shares trading hands.