WERNER ENTERPRISES, INC. (NASDAQ:WERN) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k
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WERNER ENTERPRISES, INC. (NASDAQ:WERN) 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.
(a) Annual Meeting Date.
The Annual Meeting of Stockholders of the Company was held on May
9, 2017 (the Annual Meeting).
(b) Election of Directors and Other Matters Voted Upon.
At the Annual Meeting, the four proposals stated below were
submitted to a vote of the Company’s stockholders of record as of
March 20, 2017. (Each proposal is described in detail in the
Company’s definitive proxy statement filed with the SEC on April
6, 2017.)
The final voting results for each proposal are provided below.
Proposal 1. The Company’s stockholders elected three Class II
directors to each serve on the Company’s Board for a three-year
term expiring at the 2020 Annual Meeting of Stockholders and until
their respective successors are elected and qualified. Final voting
results for the elected directors were as follows:
Broker
For
Against
Abstained
Non-Votes
Gregory L. Werner
67,580,809
1,756,327
1,887,882
Gerald H. Timmerman
47,747,997
21,589,139
1,887,882
Diane K. Duren
69,156,200
180,936
1,887,882
Proposal 2. The Company’s stockholders approved the advisory
resolution on executive compensation. Final voting results were as
follows:
Broker
For
Against
Abstained
Non-Votes
68,851,549
455,436
30,151
1,887,882
Proposal 3. The Company’s stockholders held an advisory vote on
the frequency of future advisory votes on executive compensation
and voted to conduct such future advisory votes once every year.
Final voting results were as follows:
Broker
Every Year
Every Two Years
Every Three Years
Abstained
Non-Votes
59,601,450
22,236
9,691,252
22,198
1,887,882
In light of the Proposal 3 voting results, the Board determined
at its meeting held on May 9, 2017, that an advisory resolution
on executive compensation will be included in the Company’s
proxy materials every year.
Proposal 4. The Company’s stockholders ratified the appointment of
KPMG LLP as the Company’s independent registered public accounting
firm for the year ending December 31, 2017. Final voting results
were as follows:
Broker
For
Against
Abstained
Non-Votes
71,057,472
158,332
9,214


About WERNER ENTERPRISES, INC. (NASDAQ:WERN)

Werner Enterprises, Inc. is a transportation and logistics company. The Company is engaged in transporting truckload shipments of general commodities in both interstate and intrastate commerce. The Company operates through two segments: Truckload Transportation Services (Truckload) and Value Added Services (VAS). The Company also provides logistics services through its VAS division. Truckload segment comprises the One-Way Truckload and Specialized Services units. The Company’s VAS segment is a non-asset-based transportation and logistics provider. VAS comprises operating units that provide non-trucking services to its customers, including truck brokerage, freight management, the intermodal unit and Werner Global Logistics international. The Company has a fleet of approximately 7,450 trucks, of which over 6,640 are Company-operated and over 810 are owned and operated by independent contractors. Its VAS division operates over 60 additional intermodal drayage trucks.

WERNER ENTERPRISES, INC. (NASDAQ:WERN) Recent Trading Information

WERNER ENTERPRISES, INC. (NASDAQ:WERN) closed its last trading session down -0.10 at 26.40 with 667,931 shares trading hands.