WHOLE FOODS MARKET,INC. (NASDAQ:WFM) 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
The Company convened its annual meeting of shareholders on
February17, 2017 to notice duly given. The matters voted upon at
the meeting and the results of such voting are set forth below:
1. To elect twelve directors to the Board of Directors of the
Company to serve one-year terms expiring at the later of the
Annual Meeting of Shareholders in 2018 or upon a successor being
elected and qualified. All director nominees were duly elected.
|
|
FOR |
|
AGAINST |
|
ABSTAIN |
|
BROKER NON-VOTES |
|
APPLICABLE PERCENTAGES |
|
|
Dr.John Elstrott |
201,163,840 |
20,784,256 |
1,027,052 |
54,100,392 |
91% FOR |
|||||
|
Mary Ellen Coe |
219,755,716 |
2,752,772 |
466,660 |
54,100,392 |
99% FOR |
|||||
|
Shahid (Hass) Hassan |
210,742,687 |
11,667,971 |
564,490 |
54,100,392 |
95% FOR |
|||||
|
Stephanie Kugelman |
210,431,463 |
12,081,240 |
462,445 |
54,100,392 |
95% FOR |
|||||
|
John Mackey |
211,932,433 |
10,497,415 |
545,300 |
54,100,392 |
95% FOR |
|||||
|
Walter Robb |
211,044,586 |
11,397,216 |
533,346 |
54,100,392 |
95% FOR |
|||||
|
Jonathan Seiffer |
212,359,667 |
10,061,386 |
554,095 |
54,100,392 |
95% FOR |
|||||
|
Morris (Mo) Siegel |
209,324,704 |
13,093,101 |
557,343 |
54,100,392 |
94% FOR |
|||||
|
Jonathan Sokoloff |
186,469,851 |
35,787,786 |
717,511 |
54,100,392 |
84% FOR |
|||||
|
Dr.Ralph Sorenson |
201,028,139 |
21,387,314 |
559,695 |
54,100,392 |
90% FOR |
|||||
|
Gabrielle Sulzberger |
207,422,465 |
14,850,954 |
701,729 |
54,100,392 |
93% FOR |
|||||
|
W. (Kip) Tindell,III |
189,832,657 |
32,578,964 |
563,527 |
54,100,392 |
85% FOR |
2. To approve, by advisory vote, the compensation of the named
executive officers. This proposal was approved.
|
FOR |
|
AGAINST |
|
ABSTAIN |
|
BROKER NON-VOTES |
|
APPLICABLE PERCENTAGE |
|
186,211,794 |
35,990,040 |
773,314 |
54,100,392 |
84% FOR |
3. To approve, by advisory vote, the frequency of shareholder
votes on executive compensation. Of the total votes cast, 91%
voted for a say-on-pay vote every year, less than 1% voted for a
say-on-pay vote every two years and 9% voted for a say-on-pay
vote every three years. Based on these results, the Board has
determined that the Company will hold an advisory shareholder
vote on the compensation of executives every year.
|
ONEYEAR |
|
TWOYEARS |
|
THREEYEARS |
|
ABSTAIN |
|
BROKERNON- VOTES |
|
201,646,210 |
473,868 |
20,346,020 |
509,050 |
54,100,392 |
4. To ratify the appointment of Ernst Young LLP as independent
auditor for the Company for the fiscal year ending September24,
2017. This proposal was approved.
|
FOR |
|
AGAINST |
|
ABSTAIN |
|
APPLICABLE PERCENTAGE |
||
|
273,542,701 |
2,788,102 |
744,737 |
99% FOR |
5. To approve the shareholder proposal requesting that the
Board of Directors adopt revisions to the Companys proxy access
bylaw. This proposal was not approved.
|
FOR |
|
AGAINST |
|
ABSTAIN |
|
BROKER NON-VOTES |
|
APPLICABLE PERCENTAGE |
|
80,874,659 |
139,912,709 |
2,187,780 |
54,100,392 |
63% AGAINST |
6. To approve the shareholder proposal requesting that the
Company issue a report regarding the Companys food waste
efforts. This proposal was not approved.
|
FOR |
|
AGAINST |
|
ABSTAIN |
|
BROKER NON-VOTES |
|
APPLICABLE PERCENTAGE |
|
63,832,376 |
146,199,855 |
12,942,917 |
54,100,392 |
70% AGAINST |
Item 8.01 Other Events
On February17, 2017 the Companys Board of Directors declared a
dividend of $0.140 per share, payable April18, 2017 to common
stock shareholders of record at the close of business on
April7, 2017.
About WHOLE FOODS MARKET, INC. (NASDAQ:WFM)
Whole Foods Market, Inc. is engaged in the business of natural and organic foods supermarket. The Company operates approximately 456 stores in the United States, Canada and the United Kingdom. Its stores have an average size of approximately 39,000 square feet, and are supported by its distribution centers, bake house facilities, commissary kitchens, seafood-processing facilities, a produce procurement center, and a specialty coffee and tea procurement and roasting operation, among others. It offers over 30,000 organic stock keeping units (SKUs), covering various areas of its store, including produce, packaged goods, bulk, frozen, dairy, meat, bakery, prepared foods, coffee, tea, beer, wine, cheese, nutritional supplements, vitamins, body care, pet foods and household goods. The Company’s brands include 365 Everyday Value, Allegro Coffee, Whole Foods Market, Whole Paws, and Engine 2 Plant-Strong. It also offers approximately 400 temporary exclusives. WHOLE FOODS MARKET, INC. (NASDAQ:WFM) Recent Trading Information
WHOLE FOODS MARKET, INC. (NASDAQ:WFM) closed its last trading session up +0.35 at 30.91 with 4,066,154 shares trading hands.
