Sprouts Farmers Market, Inc. (NASDAQ:SFM) 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.
On May 2, 2017, 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 two
Class I directors to serve until the 2020 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 Companys named executive officers
for fiscal 2016 (say-on-pay); and (3) to ratify the appointment
of PricewaterhouseCoopers LLP, an independent registered public
accounting firm, as the independent auditor of the Company for
the fiscal year ending December 31, 2017.
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 Companys
Proxy Statement.
Proposal 1: Election of the two Class I directors listed below to
serve for a three-year term expiring at the Companys 2020 annual
meeting of stockholders.Both director nominees were duly elected.
Nominee |
For |
Withheld |
Broker Non-Votes |
Terri Funk Graham |
108,287,262 |
2,861,966 |
17,592,584 |
Steven H. Townsend |
107,619,967 |
3,529,261 |
17,592,584 |
Proposal 2: Advisory vote on the compensation paid to the
Companys named executive officers for fiscal 2016.
For |
Against |
Abstain |
Broker Non-Votes |
47,931,984 |
62,716,731 |
500,513 |
17,592,584 |
Proposal 3: Ratification of PricewaterhouseCoopers LLP as the
Companys independent auditor.This proposal was
approved.
For |
Against |
Abstain |
Broker Non-Votes |
128,100,593 |
197,991 |
443,228 |
– |
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 +0.82 at 23.56 with 3,613,311 shares trading hands.