Swift Transportation Company (NYSE:SWFT) Files An 8-K Submission of Matters to a Vote of Security Holders
ITEM5.07 Submission of Matters to a Vote of Security Holders
Table of Contents
ITEM5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY
HOLDERS
On May24, 2017, Swift Transportation Company (the Company) held
its Annual Meeting of Stockholders at 9:00 a.m. local time at the
Companys headquarters, 2200 South 75th Avenue, Phoenix, Arizona
85043. The following matters were voted upon at the meeting:
Proposal No.1
The Companys stockholders elected six individuals to the Companys
Board of Directors.
|
Name |
Votes For | VotesWithheld | BrokerNon-votes | |||||||||
|
Richard H. Dozer |
143,138,006 | 19,945,057 | 10,541,840 | |||||||||
|
Glenn Brown |
143,120,678 | 19,962,385 | 10,541,840 | |||||||||
|
Jos A. Crdenas |
144,347,716 | 18,735,347 | 10,541,840 | |||||||||
|
Jerry Moyes |
144,477,778 | 18,605,285 | 10,541,840 | |||||||||
|
William F. Riley, III |
144,603,946 | 18,479,117 | 10,541,840 | |||||||||
|
David Vander Ploeg |
144,344,820 | 18,738,243 | 10,541,840 |
Proposal No.2
The Companys stockholders approved, on an advisory basis, the
compensation of the Companys named executive officers by votes
set forth in the table below.
| Votes For | VotesAgainst | Abstentions | BrokerNon-votes | |||
| 161,011,716 | 1,727,063 | 344,284 | 10,541,840 |
Proposal No.3
The Companys stockholders indicated a preference for holding
future executive compensation advisory votes every year by votes
set forth in the table below.
| EveryOneYear | EveryTwoYears | EveryThreeYears | Abstentions | BrokerNon-Votes | ||||
| 160,273,539 | 43,768 | 2,477,222 | 288,534 | 10,541,840 |
Based on the above results, the Company has determined to
continue to hold an advisory vote on executive compensation every
year.
Proposal No.4
The Companys stockholders ratified the appointment of KPMG, LLP
as the Companys independent registered public accounting firm for
the fiscal year 2017.
| Votes For | VotesAgainst | Abstentions | BrokerNon-votes | |||
| 173,033,375 | 311,145 | 280,383 |
Proposal No.5
The Companys stockholders voted against the stockholder proposal
to develop a recapitalization plan by the votes set forth in the
table below.
| Votes For | Votes Against | Abstentions | BrokerNon-votes | |||
| 57,116,088 | 105,161,098 | 805,877 | 10,541,840 |
1
Table of Contents
Proposal No.6
The Companys stockholders voted against the stockholder proposal
to adopt proxy access by the votes set forth in the table below.
| Votes For | VotesAgainst | Abstentions | BrokerNon-votes | |||
| 48,888,511 | 113,721,705 | 472,847 | 10,541,840 |
2
Table of Contents
About Swift Transportation Company (NYSE:SWFT)
Swift Transportation Company (Swift Transportation Co.) is a multi-faceted transportation services company, which operates the fleet of truckload equipment in North America from over 40 terminals near key freight centers and traffic lanes. The Company operates in four segments: Truckload, Dedicated, Swift Refrigerated and Intermodal. The Truckload segment consists of one way movements over irregular routes throughout the United States, Mexico and Canada. The Company, through the Dedicated segment, devotes use of equipment to specific customers and offers personalized solutions under long-term contracts. The Company’s Swift Refrigerated segment primarily consists of shipments for customers that require temperature-controlled trailers. The Intermodal segment includes moving freight operations, including moving the freight over the rail in its containers and other trailing equipment, and drayage of transport loads between the railheads and customer locations. Swift Transportation Company (NYSE:SWFT) Recent Trading Information
Swift Transportation Company (NYSE:SWFT) closed its last trading session up +0.54 at 23.99 with 1,755,944 shares trading hands.