U.S. PHYSICAL THERAPY, INC. (NYSE:USPH) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k
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U.S. PHYSICAL THERAPY, INC. (NYSE:USPH) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders.

The Annual Meeting of Stockholders (the "Annual Meeting") of U.S. Physical Therapy, Inc. (the "Company") was held on May 22, 2018. At the Annual Meeting, the Company's stockholders approved the three proposals, one of which is non-binding, which are described in detail in the company's definitive proxy statement dated April 5, 2018. ("Definitive Proxy"). Absentions and broker non-votes were counted for purposes of determining whether a quorom was present.

The results are as follows:

Proposal 1 – Election often directors to serve until the next annual meeting of stockholders.

Votes

Broker

Nominees

Votes For

Withheld

Non-Votes

Jerald L. Pullins

10,994,728

480,760

769,664

Christopher J. Reading

11,437,359

38,129

769,664

Lawrance W. McAfee

10,081,577

1,393,911

769,664

Mark J. Brookner

10,975,954

499,534

769,664

Harry S. Chapman

11,376,371

99,117

769,664

Kathleen A. Gilmartin

11,451,929

23,559

769,664

Bernard A. Harris, Jr.

11,076,462

399,026

769,664

Edward L. Kuntz

11,382,352

93,136

769,664

Reginald E. Swanson

11,298,684

176,804

769,664

Clayton K. Trier

11,063,986

411,502

769,664

Proposal 2 – Advisory vote to approve named executive officer compensation.

Votes

Votes

Broker

Votes For

Against

Abstaining

Non-Votes

7,311,965

3,871,006

292,517

769,664

Proposal 3 – Ratification of the appointment of Grant Thornton LLP as our independent registered public accounting firm for 2018.

Votes

Votes

Votes For

Against

Abstaining

12,188,907

36,983

19,262

With respect to proposal 1, broker non-votes were not treated as a vote for or against any particular nominee and did not affect the outcome of the election of directors. With Proposal 2, broker non-votes did not have any effect on the outcome of the vote.


About U.S. PHYSICAL THERAPY, INC. (NYSE:USPH)

U.S. Physical Therapy, Inc., through its subsidiaries, operates outpatient physical therapy clinics that provide pre-and post-operative care, and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers and neurological-related injuries. The Company’s segment is made up of various clinics within partnerships. The Company primarily operates through subsidiary clinic partnerships, in which it owns a general partnership interest and a limited partnership interest, and the managing therapists of the clinics owns the remaining limited partnership interest in the clinics. The Company operates approximately 510 clinics in over 40 states. There are approximately 380 clinics operated under Clinic Partnerships and over 100 operated as Company-owned Facilities. In addition to its owned clinics, it also manages physical therapy facilities for third parties, primarily physicians, with over 20 third-party facilities under management.