VECTOR GROUP LTD. (NYSE:VGR) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k

8 years ago

VECTOR GROUP LTD. (NYSE:VGR) 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

On April 27, 2017, Vector Group Ltd. held its 2017 annual meeting
of stockholders, where stockholders considered and voted upon the
following proposals:

Proposal 1: Election of Directors.

By vote reflected below, each of the directors nominated was
elected.



Nominee	For	Withheld		Broker Non-Votes ⁽¹⁾

Bennett S. LeBow	89,014,367		1,094,489		29,170,949
Howard M. Lorber	87,626,644		2,482,212		29,170,949
Ronald J. Bernstein	87,684,502		2,424,354		29,170,949
Stanley S. Arkin	88,019,798		2,089,057		29,170,949
Henry C. Beinstein	88,952,551		1,156,304		29,170,949
Jeffrey S. Podell	82,690,399		7,418,456		29,170,949
Jean E. Sharpe	82,809,567		7,299,288		29,170,949

⁽¹⁾ Under the Company’s governing documents, broker
non-votes have no effect on the outcome of the matter acted on.

Proposal 2: Advisory approval of executive compensation (say on
pay).

By vote reflected below, the Companys stockholders approved, on an
advisory basis, the compensation of the Companys named executive
officers.



For	Against		Abstain	Broker Non-Votes ⁽¹⁾
53,906,583		35,710,588		491,685	29,170,949

⁽¹⁾ Under the Company’s governing documents, broker
non-votes have no effect on the outcome of the matter acted on.

Proposal 3: Approval of ratification of Deloitte Touche LLP as
independent registered public accounting firm for the year ending
December 31, 2017.

By vote reflected below, the selection of the independent
registered public accounting firm was ratified.



For	Against		Abstain
118,266,382		638,781		374,642

Proposal 4: Advisory vote on the frequency of future advisory votes
on the compensation of the Company’s named executive officers.

By vote reflected below, the Companys stockholders recommended, on
an advisory basis, that the Company conduct future advisory votes
on the compensation of the Company’s named executive officers on
an annual basis.



1 Year	2 Years	3 Years	Abstain	Broker Non-Votes
87,052,155	643,353	1,919,378	493,971	29,170,948

After consideration of the recommendation of the Companys
stockholders, the Companys Board of Directors has determined that
the Company will hold future advisory votes on the compensation of
the Companys named executive officers on an annual basis until the
next advisory vote regarding frequency.

Proposal 5: Approval of Policy on Mediation

By vote reflected below, the Companys stockholders did not approve
a stockholder proposal regarding participation in mediation of any
alleged human rights violations involving the Company’s
operations.



For	Against		Abstain	Broker Non-Votes ⁽¹⁾
4,515,558		84,662,232		931,064	29,170,950

⁽¹⁾ Under the Company’s governing documents, broker
non-votes have no effect on the outcome of the matter acted on.

About VECTOR GROUP LTD. (NYSE:VGR)
Vector Group Ltd. is a holding company. The Company is engaged in the manufacture and sale of cigarettes in the United States through its Liggett Group LLC (Liggett) and Vector Tobacco Inc. (Vector Tobacco) subsidiaries; the sale of electronic cigarettes (e-cigarettes) in the United States through its Zoom E-Cigs LLC (Zoom) subsidiary, and the real estate business through its New Valley LLC subsidiary, which is seeking to acquire or invest in additional real estate properties or projects. The Company’s business segments include Tobacco, E-Cigarettes and Real Estate. The Tobacco segment consists of the manufacture and sale of cigarettes. The E-Cigarettes segment includes the operations of the Company’s e-cigarette business. The Real Estate segment includes the Company’s investments in New Valley LLC, which includes Douglas Elliman, Escena, Sagaponack and investments in real estate ventures. Liggett’s brand portfolio includes EAGLE 20’s, PYRAMID, GRAND PRIX, LIGGETT SELECT, EVE and USA. VECTOR GROUP LTD. (NYSE:VGR) Recent Trading Information
VECTOR GROUP LTD. (NYSE:VGR) closed its last trading session up +0.23 at 21.77 with 574,941 shares trading hands.