WELLCARE HEALTH PLANS, INC. (NYSE:WCG) 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.
headquarters in Tampa, Florida on May 24, 2017. 39,961,533 shares
of the Companys common stock, or 89.81% of the shares of the
Companys common stock issued and outstanding on the record date,
were present in person or represented by proxy at the Annual
Meeting. Summarized below are descriptions of the proposals voted
on at the Annual Meeting and the final results of such voting:
of Directors (the Board) nominated nine individuals to serve as
directors for a one-year term to expire at the Companys 2017
Annual Meeting of Stockholders>or until their successors are
duly elected and qualified. All such nominees were elected by a
majority of the votes cast, as follows:
|
Director
|
Votes For
|
Votes Against
|
Abstentions
|
Broker Non-Votes
|
|
Richard C. Breon
|
38,289,655
|
37,717
|
22,226
|
1,611,935
|
|
Kenneth A. Burdick
|
38,290,165
|
37,312
|
22,121
|
1,611,935
|
|
Carol J. Burt
|
38,275,242
|
52,388
|
21,968
|
1,611,935
|
|
H. James Dallas
|
38,290,511
|
37,323
|
21,764
|
1,611,935
|
|
Kevin F. Hickey
|
37,967,462
|
360,012
|
22,124
|
1,611,935
|
|
Christian P. Michalik
|
37,809,578
|
517,896
|
22,124
|
1,611,935
|
|
Glenn D. Steele Jr., M.D.
|
38,288,842
|
38,732
|
22,024
|
1,611,935
|
|
William L. Trubeck
|
38,289,500
|
37,974
|
22,124
|
1,611,935
|
|
Paul E. Weaver
|
38,288,719
|
38,855
|
22,024
|
1,611,935
|
registered public accounting firm
Touche, LLP as the Companys independent registered public
accounting firm for the fiscal year ending December 31, 2017 by
the affirmative vote of a majority of the shares present or
represented by proxy and entitled to vote on the proposal at the
Annual Meeting as follows:
|
Votes For
|
Votes Against
|
Abstentions
|
|
39,587,542
|
351,117
|
22,874
|
named executive officers>(Say on Pay)
Say on Pay Resolution):
executive officers, as disclosed to Item 402 of Regulation S-K,
including the Compensation Discussion and Analysis, compensation
tables and narrative
hereby APPROVED.
a majority of the shares present or represented by proxy and
entitled to vote on the proposal at the Annual Meeting as
follows:
|
Votes For
|
Votes Against
|
Abstentions
|
Broker Non-Votes
|
|
37,841,290
|
428,521
|
79,787
|
1,611,935
|
advisory vote
that they prefer an annual Say on Pay vote. The vote results for
Proposal Four were:
|
1 Year
|
2 Years
|
3 Years
|
Abstain
|
|
33,429,885
|
2,487
|
4,899,288
|
17,938
|
had recommended to stockholders that they vote for annual Say on
Pay votes. Based on the Boards previous discussions and
recommendation, and the outcome of the non-binding advisory vote
on Proposal Four, the Board has determined that the Company will
have annual Say on Pay advisory votes.
About WELLCARE HEALTH PLANS, INC. (NYSE:WCG)
WellCare Health Plans, Inc. is a managed care company focused on government-sponsored managed care services, primarily through Medicaid, Medicare Advantage (MA) and Medicare Prescription Drug Plans (PDPs) to families, children, seniors and individuals with complex medical needs. The Company’s segments include Medicaid Health Plans, Medicare Health Plans and Medicare PDPs. The Medicaid Health Plans segment includes plans for beneficiaries of Temporary Assistance for Needy Families, Supplemental Security Income, Aged Blind and Disabled and other state-based programs, such as Children’s Health Insurance Program and Managed Long-Term Care programs. The Medicare program provides health care coverage primarily to individuals age 65 or older, as well as to individuals with certain disabilities. It has contracts with Centers for Medicare & Medicaid Services to serve as a plan sponsor offering Medicare Part D PDP plans to Medicare-eligible beneficiaries through its Medicare PDPs segment. WELLCARE HEALTH PLANS, INC. (NYSE:WCG) Recent Trading Information
WELLCARE HEALTH PLANS, INC. (NYSE:WCG) closed its last trading session up +0.75 at 172.82 with 269,607 shares trading hands.
