Tejon Ranch Co. (NYSE:TRC) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07
|
Submission of Matters to a Vote of Security Holders. |
Four proposals were acted on at the 2017 Annual Meeting: (1)The
election of three ClassIII Directors, (2)the ratification of the
appointment of Ernst Young LLP as our independent registered
public accounting firm, (3)an advisory approval vote on executive
compensation, and (4)an advisory vote on the frequency of future
advisory votes to approve executive compensation. Tejon Ranch Co.
stockholders elected all three of the ClassIII Directors,
approved the appointment of Ernst Young LLP, approved the
advisory vote on executive compensation, and approved that an
advisory vote to approve executive education should occur every
year.
Following are the votes cast for or withheld for each Director:
| For | Withheld | Not voted | ||||||||||
|
Gregory S. Bielli |
16,394,394 | 522,597 | 2,568,034 | |||||||||
|
Anthony L. Leggio |
11,889,359 | 5,027,632 | 2,568,034 | |||||||||
|
Norman J. Metcalfe |
11,693,163 | 5,223,828 | 2,568,034 |
Following are the votes cast for and against ratification of the
independent public accounting firm:
|
For |
Against |
Abstain |
||||||
| 19,231,736 | 199,751 | 53,538 |
Following are the votes cast related to the advisory approval
vote on executive compensation:
|
For |
Against |
Abstain |
Not voted |
|||
| 10,241,226 | 6,571,201 | 104,564 | 2,568,034 |
Following are the votes cast related to the advisory vote on the
frequency of future advisory votes to approve executive
compensation:
|
1 Year |
2 Years |
3 Years |
Abstain |
Not voted |
||||
| 15,927,124 | 30,601 | 901,770 | 57,496 | 2,568,034 |
2
About Tejon Ranch Co. (NYSE:TRC)
Tejon Ranch Co. is a diversified real estate development and agribusiness company. The Company operates through five business segments: commercial/industrial real estate development; resort/residential real estate development; mineral resources; farming, and ranch operations. Its commercial/industrial real estate development segment is engaged in building, land lease activities, and land and building sales. The resort/residential real estate development segment is involved in the land entitlement and development process. Within its resort/residential segment, the three active developments are MV, Centennial and Grapevine. Its mineral resources segment includes oil and gas royalty leases, rock and aggregate mining leases, a lease with National Cement and sales of water. The farming segment is engaged in the sale of wine grapes, almonds and pistachios. The Ranch Operations segment consists of grazing leases, game management, and other ancillary services supporting the ranch. Tejon Ranch Co. (NYSE:TRC) Recent Trading Information
Tejon Ranch Co. (NYSE:TRC) closed its last trading session down -0.54 at 20.91 with 58,549 shares trading hands.
