VECTRUS, INC. (NYSE:VEC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
Company) approved the payment of an annual Strategy Committee
Chair fee of $10,000 in cash, effective May 12, 2017, the date of
the Companys 2017 Annual Meeting of Shareholders. The fee for
services of the Strategy Committee Chair from May 12, 2017 to the
day preceding the Companys 2018 Annual Meeting of Shareholders
was paid on May 12, 2017. The Strategy Committee is a standing
committee of the Board of Directors. All other compensation for
non-management directors remains the same.
compensation, including the new Strategy Committee Chair fee
described above, is attached as Exhibit 10.01 to this Current
Report on Form 8-K and is incorporated by reference into this
item.
Shareholders (the “2017 Annual Meeting”). For more information
on the following proposals submitted to shareholders, see the
Company’s 2017 Proxy Statement, which was filed with the
Securities and Exchange Commission on March 31, 2017.
Annual Meeting, the shareholders elected each of the persons
whose names are set forth below as Class III Directors for a term
of three years to expire at the 2020 Annual Meeting of
Shareholders or until their successors are elected and qualified.
Relevant voting information for each person follows:
|
Votes For
|
Against
|
Abstain
|
Broker Non-Votes
|
|
|
William F. Murdy
|
7,956,957
|
62,317
|
11,277
|
1,385,618
|
|
Melvin F. Parker
|
7,957,703
|
63,028
|
9,820
|
1,385,618
|
|
Stephen L. Waechter
|
7,960,140
|
60,370
|
10,041
|
1,385,618
|
were taken at the 2017 Annual Meeting:
public accounting firm. The appointment of Deloitte Touche LLP as
the Companys independent registered public accounting firm for
2017 was ratified by a vote of 9,357,088 shares voting for the
proposal, 14,603 shares voting against the proposal and 44,478
shares abstaining from the vote on the proposal, and there were
zero broker non-votes.
Named Executive Officers. The proposal for approval, in an
advisory vote, of the compensation of the Companys Named
Executive Officers was approved by a vote of 7,777,791 shares
voting for the proposal, 115,435 shares voting against the
proposal and 137,325 shares abstaining from the vote on the
proposal, and there were 1,385,618 broker non-votes.
|
Exhibit
|
|
|
No.
|
Description
|
|
10.01
|
Description of Vectrus, Inc. Non-Management Director
Annual Compensation |
About VECTRUS, INC. (NYSE:VEC)
Vectrus, Inc. is a provider of services to the United States Government across the world. The Company offers services, including infrastructure asset management, logistics and supply chain management, and information technology and network communication. Its infrastructure asset management services support the United States Army, Air Force and Navy, and include infrastructure services, security, warehouse management and distribution, ammunition management, civil engineering, air base maintenance and operations, communications, emergency services, transportation, and life support activities at various global military installations. Its logistics and supply chain management services support and maintain the vehicle and equipment stocks of the United States Army and Marine Corps. Its information technology and network communication services consist of sustainment of communications systems, network security, systems installation and life cycle management of information technology systems. VECTRUS, INC. (NYSE:VEC) Recent Trading Information
VECTRUS, INC. (NYSE:VEC) closed its last trading session down -0.56 at 29.35 with 127,688 shares trading hands.
