THERMON GROUP HOLDINGS, INC. (NYSE:THR) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07.
Submission of Matters to a Vote of Security Holders.
Three proposals were submitted to a vote of the stockholders of Thermon Group Holdings, Inc. (the "Company") at the Company's annual meeting of stockholders held on July 26, 2017 (the "2017 Annual Meeting") in Houston, Texas. A total of 31,543,032 shares of the Company's common stock were present in person or by proxy at the 2017 Annual Meeting, representing approximately 97.4% of the Company's common stock outstanding. The final results for each of the three proposals are set forth below. Percentages are based on the number of shares cast.
|
(1) |
The following individuals were elected to serve on the Company's Board of Directors until the next annual meeting of stockholders: |
|||
|
DIRECTOR NOMINEE |
FOR |
% FOR |
WITHHELD |
BROKER NON-VOTES |
|
Marcus J. George |
29,143,171 |
97.2% |
828,178 |
1,571,683 |
|
Richard E. Goodrich |
29,183,917 |
97.4% |
787,432 |
1,571,683 |
|
Kevin J. McGinty |
29,184,017 |
97.4% |
787,332 |
1,571,683 |
|
John T. Nesser, III |
29,134,820 |
97.2% |
836,529 |
1,571,683 |
|
Michael W. Press |
28,213,192 |
94.1% |
1,758,157 |
1,571,683 |
|
Stephen A. Snider |
29,134,580 |
97.2% |
836,769 |
1,571,683 |
|
Charles A. Sorrentino |
29,134,820 |
97.2% |
836,529 |
1,571,683 |
|
Bruce A. Thames |
29,184,157 |
97.4% |
787,192 |
1,571,683 |
|
(2) |
The Company's stockholders ratified the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending March 31, 2018: |
|||
|
FOR |
31,536,562 |
99.98 |
% |
FOR |
|
AGAINST |
5,784 |
0.02 |
% |
AGAINST |
|
ABSTENTIONS |
% |
ABSTAIN |
||
|
BROKER NON-VOTES |
|
(3) |
The Company's stockholders approved, on a non-binding advisory basis, the compensation of the Company's named executive officers as described in the proxy statement: |
|||
|
FOR |
29,053,003 |
96.9 |
% |
FOR |
|
AGAINST |
917,571 |
3.1 |
% |
AGAINST |
|
ABSTENTIONS |
% |
ABSTAIN |
||
|
BROKER NON-VOTES |
1,571,683 |
|
(4) |
The Company's stockholders re-approved the material terms of the performance measures under the Thermon Group Holdings, Inc. 2012 Short-Term Incentive Plan: |
|||
|
FOR |
29,829,886 |
99.5 |
% |
FOR |
|
AGAINST |
141,163 |
0.5 |
% |
AGAINST |
|
ABSTENTIONS |
% |
ABSTAIN |
||
|
BROKER NON-VOTES |
1,571,683 |
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.
