WageWorks, Inc. (NYSE:WAGE) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07. Submission of Matters to a Vote of Security Holders.
On April27, 2017, WageWorks, Inc. (the Corporation) held its 2017
Annual Meeting of Stockholders (the Annual Meeting). As of the
close of business on March6, 2017, the record date for the Annual
Meeting, 37,092,079 common shares of the Corporation were
outstanding and entitled to vote at the Annual Meeting. At the
Annual Meeting, 36,085,691, or approximately 97.29% of the
outstanding common shares entitled to vote, were represented in
person or by proxy and, therefore, a quorum was present.
The stockholders of the Corporation voted on the following items
at the Annual Meeting:
| 1. |
the election of two Class II directors to hold office until the 2020 Annual Meeting of Stockholders; |
| 2. |
Advisory approval of the Corporations executive officer compensation; and |
| 3. |
The ratification of the appointment of KPMG LLP as the Corporations independent registered public accounting firm for the fiscal year ending December31, 2017. |
For more information about the foregoing proposals, see the
Corporations definitive proxy statement filed March17, 2017.
The results of the voting at the Annual Meeting are as follows:
| 1. | Election of Directors |
|
Nominee |
For |
Against |
Abstain |
Broker Non-Votes |
||||
|
Mariann Byerwalter |
34,157,373 | 563,228 | 1,508 | 1,363,582 | ||||
|
John W. Larson |
33,977,536 | 742,928 | 1,645 | 1,363,582 |
| 2. |
Advisory Approval of the Corporations Executive Officer Compensation |
The proposal to receive a non-binding advisory vote on named
executive officer compensation received the following votes:
|
For |
Against |
Abstain |
Broker Non-Votes |
|||
|
34,428,727 |
230,616 | 62,766 | 1,363,582 |
| 3. |
The Ratification of the Appointment of KPMG LLP as the Corporations Independent Registered Public Accounting Firm for the Fiscal Year Ending December31, 2017 |
The proposal to ratify the appointment of KPMG LLP as the
Corporations independent registered public accounting firm for
the fiscal year ending December31, 2017 was duly ratified.
|
For |
Against |
Abstain |
Broker Non-Votes |
|||
|
36,064,625 |
17,764 | 3,302 |
About WageWorks, Inc. (NYSE:WAGE)
WageWorks, Inc. is engaged in administering Consumer-Directed Benefits (CDBs). The Company administers CBDs, including pre-tax spending accounts, such as Health Savings Accounts (HSAs), health and dependent care Flexible Spending Accounts (FSAs), and Health Reimbursement Arrangements (HRAs), as well as Commuter Benefit Services, including transit and parking programs, wellness programs, Consolidated Omnibus Budget Reconciliation Act and other employee benefits. Its CDB programs assist employees and their families in saving money by using pre-tax dollars to pay for certain of their healthcare, dependent care and commuter expenses. Employers financially benefit from its programs through reduced payroll taxes. Under its FSA, HSA and commuter programs, employee participants contribute funds from their pre-tax income to pay for qualified out-of-pocket healthcare expenses not covered by insurance, such as co-pays, deductibles and over-the-counter medical products, or for commuting costs. WageWorks, Inc. (NYSE:WAGE) Recent Trading Information
WageWorks, Inc. (NYSE:WAGE) closed its last trading session down -0.25 at 73.55 with 197,935 shares trading hands.
