THERMON GROUP HOLDINGS, INC. (NYSE:THR) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07(d) of Form 8-K, the Company’s decision as to how frequently the Company will conduct future shareholder advisory votes regarding named executive officer compensation. No changes are being made to the Original 8-K other than to add the disclosure set forth in this amendment.
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Item 5.07. |
Submission of Matters to a Vote of Security Holders. |
(4) At the 2018 Annual Meeting, the Company’s shareholders recommended, on a non-binding advisory basis, “ONE YEAR” as the frequency of future stockholder advisory votes on the compensation of the Company’s named executive officers (the “Say When On Pay Vote”), consistent with the recommendation of the Company’s Board of Directors (the “Board”). The Board determined that the Company will hold a non-binding advisory vote on the compensation of the Company’s named executive officers every year until the next Say When On Pay Vote.
About THERMON GROUP HOLDINGS, INC. (NYSE:THR)
Thermon Group Holdings, Inc. is a provider of engineered thermal solutions for process industries. The Company operates through four segments based on four geographic countries or regions: United States, Canada, Europe and Asia. Its product portfolio includes self-regulating and power limiting heating cables, which change heat output as pipe temperature changes, as well as constant wattage heating cables; mineral insulated (MI) cable; skin effect trace heater; heat traced tube bundles for environmental gas sampling systems; heat transfer compounds and steam tracers for steam tracing solutions; control and monitoring systems for electric tracing of pipes, tanks, hoppers and instrument sampling systems; turnkey solutions that provide solutions for heat tracing, including design, optimization, installation and ongoing maintenance; products and services, such as heating, sensing, monitoring, controlling and calibration tools, and temporary electric power distribution and lighting products.
