Universal Insurance Holdings, Inc. (NYSE:UVE) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07
The Company’s shareholders voted on three proposals at the Company’s annual shareholder meeting. The final voting results are provided below.
Proposal No.1: Election of Directors. The following individuals were elected to the Company’s Board by the holders of the Company’s common stock and SeriesA Preferred Stock, voting together as one class:
Name |
For | Against | Abstain | Broker Non-Votes |
Scott P. Callahan |
26,106,368 | 1,448,602 | 31,444 | 5,242,702 |
Kimberly D. Cooper |
26,432,766 | 1,123,082 | 30,566 | 5,242,702 |
Sean P. Downes |
26,937,019 | 617,950 | 31,445 | 5,242,702 |
Darryl L. Lewis |
26,968,488 | 586,482 | 31,444 | 5,242,702 |
Ralph J. Palmieri |
26,961,399 | 593,520 | 31,495 | 5,242,702 |
Richard D. Peterson |
22,494,554 | 5,060,365 | 31,495 | 5,242,702 |
MichaelA.Pietrangelo |
21,708,781 | 5,845,938 | 31,695 | 5,242,702 |
Ozzie A. Schindler |
27,163,750 | 390,976 | 31,688 | 5,242,702 |
Jon W. Springer |
26,920,978 | 633,742 | 31,694 | 5,242,702 |
Joel M. Wilentz, M.D. |
22,436,331 | 5,118,642 | 31,441 | 5,242,702 |
Proposal No.2: The shareholders did not approve, on an advisory basis, the compensation paid to the Company’s named executive officers during the year ended December31, 2017.
For: |
11,526,787 |
Against: |
15,834,461 |
Abstain: |
225,166 |
Broker Non-Votes: |
5,242,702 |
Proposal No.3: The shareholders voted to ratify the appointment of Plante& Moran, PLLC as the Company’s independent registered public accounting firm for the fiscal year ending December31, 2018.
For: |
32,091,555 |
Against: |
431,442 |
Abstain: |
306,119 |
About Universal Insurance Holdings, Inc. (NYSE:UVE)
Universal Insurance Holdings, Inc. (UVE) is a private personal residential homeowners insurance company in Florida. The Company performs substantially all aspects of insurance underwriting, policy issuance, general administration, and claims processing and settlement internally. The Company writes personal residential homeowners insurance policies, predominantly in Florida. The Company also writes homeowners insurance policies in Delaware, Georgia, Hawaii, Indiana, Maryland, Massachusetts, Minnesota, North Carolina, Pennsylvania and South Carolina. The Company is also licensed to issue policies in Alabama, Michigan, New Hampshire, Virginia and West Virginia. It has a distribution network of approximately 7,800 licensed independent agents. Universal Property & Casualty Insurance Company (UPCIC) and American Platinum Property and Casualty Insurance Company (APPCIC, and together with UPCIC, the Insurance Entities) are its insurance operating subsidiaries.