WD-40 COMPANY (NASDAQ:WDFC) 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 December 11, 2018, the Company held its Annual Meeting of Stockholders (the “Annual Meeting”) in San Diego, California. At the Annual Meeting, the holders of 12,762,543 shares of common stock, which represents approximately 92% of the outstanding shares entitled to vote as of the record date of October 15, 2018, were represented in person or by proxy. The proposals are described in more detail in the Company’s Proxy Statement. The matters voted upon at the Annual Meeting and the voting results are set forth below.
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1. |
Election of Directors: The Company’s stockholders elected the following directors to each serve until the next Annual Meeting or until a successor is duly elected and qualified. The voting results were as follows: |
|
Votes For |
Votes Withheld |
Broker Non-Votes |
|
|
Daniel T. Carter |
10,245,727 | 34,526 | 2,482,290 |
|
Melissa Claassen |
10,251,859 | 28,394 | 2,482,290 |
|
Eric P. Etchart |
10,254,735 | 25,518 | 2,482,290 |
|
Linda A. Lang |
10,210,937 | 69,316 | 2,482,290 |
|
David B. Pendarvis |
10,246,978 | 33,275 | 2,482,290 |
|
Daniel E. Pittard |
10,255,164 | 25,089 | 2,482,290 |
|
Garry O. Ridge |
10,257,196 | 23,057 | 2,482,290 |
|
Gregory A. Sandfort |
8,275,215 | 2,005,038 | 2,482,290 |
|
Neal E. Schmale |
10,080,641 | 199,612 | 2,482,290 |
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2. |
Advisory Vote to approve Executive Compensation: The Company’s stockholders approved, by advisory vote, the compensation paid to the Company’s named executive officers. The voting results were as follows: |
|
Votes For |
Votes Against |
Abstain |
Broker Non-Votes |
|
9,997,991 |
255,570 |
26,692 |
2,482,290 |
|
3. |
Ratification of Appointment of Independent Auditor: The Company’s stockholders ratified the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending August 31, 2019. The voting results were as follows: |
|
Votes For |
Votes Against |
Abstain |
|
12,471,807 |
267,767 |
22,969 |
About WD-40 COMPANY (NASDAQ:WDFC)
WD-40 Company is a global company engaged in developing and selling products, which solve problems in workshops, factories and homes. The Company’s segments include the Americas; Europe, Middle East and Africa (EMEA), and Asia-Pacific. The Company’s Americas segment includes the United States, Canada and Latin America. The EMEA segment includes countries in Europe, the Middle East, Africa and India. The Asia-Pacific segment includes Australia, China and other countries in the Asia region. The Company has two product groups, which include maintenance products and homecare and cleaning products. As of August 31, 2016, the Company marketed and sold its products in more than 176 countries and territories around the world primarily through mass retail and home center stores, warehouse club stores, grocery stores, hardware stores, automotive parts outlets, sport retailers, independent bike dealers, online retailers and industrial distributors and suppliers.