TransDigm Group Incorporated (NYSE:TDG) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07Submission of Matters to a Vote of Security Holders.
On March 20, 2018, TransDigm Group Incorporated ("the Company") conducted its Annual Meeting of Stockholders. At the meeting, Messrs. David Barr, William Dries, Mervin Dunn, Michael Graff, Sean Hennessy, W. Nicholas Howley, Raymond Laubenthal, Gary E. McCullough, Douglas Peacock, Robert Small and John Staer were re-elected as directors of the Company. In addition, the stockholders, in an advisory vote, approved the compensation paid by the Company to its named executive officers; and ratified the Company’s selection of Ernst & Young LLP as its independent accountants for the fiscal year ending September 30, 2018. The details of the vote are set forth below:
Proposal 1 – Election of Directors:
|
FOR |
WITHHELD |
|
|
David Barr |
43,418,707 |
4,320,017 |
|
William Dries |
43,068,456 |
4,670,268 |
|
Mervin Dunn |
41,003,824 |
6,734,900 |
|
Michael Graff |
43,062,982 |
4,675,742 |
|
Sean P. Hennessy |
44,988,033 |
2,750,691 |
|
W. Nicholas Howley |
46,858,207 |
880,517 |
|
Raymond F. Laubenthal |
47,266,523 |
472,201 |
|
Gary E. McCullough |
45,558,429 |
2,180,295 |
|
Douglas W. Peacock |
47,228,763 |
509,961 |
|
Robert J. Small |
43,260,259 |
4,478,465 |
|
John Staer |
43,099,555 |
4,639,169 |
Proposal 2 – To conduct an advisory vote on compensation paid to the Company’s named executive officers:
|
FOR |
30,731,976 |
|
AGAINST |
16,937,655 |
|
ABSTAIN |
69,093 |
|
BROKER NON-VOTES |
1,349,168 |
Proposal 3 – To ratify the selection of Ernst & Young LLP as the Company's independent accountants for the fiscal year ending September 30, 2018:
|
FOR |
48,810,761 |
|
AGAINST |
215,406 |
|
ABSTAIN |
61,725 |
No other matters were brought before stockholders for a vote at the meeting.
About TransDigm Group Incorporated (NYSE:TDG)
TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft in service. The Company operates through three segments: Power & Control, Airframe and Non-aviation. The Power & Control segment includes operations that primarily develop, produce and market systems and components that provide power to or control power of the aircraft utilizing electronic, fluid, power and mechanical motion control technologies. The Airframe segment includes operations that primarily develop and market systems and components that are used in non-power airframe applications utilizing airframe and cabin structure technologies. The Non-aviation segment includes operations that primarily develop, produce and market products for non-aviation markets. Its product offerings include mechanical/electro-mechanical actuators and controls, engineered latching and locking devices, and seat belts and safety restraints.
