Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 28, 2016

 

 

 

LOGO

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   1-7724   39-0622040

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

2801 80th Street, Kenosha, Wisconsin 53143-5656

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (262) 656-5200

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 5.07 Submission of Matters to a Vote of Security Holders.

Snap-on Incorporated (the “Company”) held its 2016 Annual Meeting of Shareholders on April 28, 2016 (the “2016 Annual Meeting”). The Company’s shareholders: (i) elected nine members of the Company’s Board of Directors, who were up for election, to each serve a one-year term ending at the 2017 Annual Meeting; (ii) ratified the Audit Committee’s selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for fiscal 2016; and (iii) approved, on an advisory basis, the compensation of the Company’s named executive officers, as disclosed in the proxy statement for the 2016 Annual Meeting (the “2016 Proxy Statement”). There were 58,123,071 shares of the Company’s common stock outstanding and eligible to vote as of the close of business on February 29, 2016, the record date for the 2016 Annual Meeting.

The directors elected to the Company’s Board for terms expiring at the 2017 Annual Meeting, and the number of votes cast for and against, as well as abstentions and broker non-votes with respect to, each of these individuals, are set forth below:

 

Director

  

For

    

Against

    

Abstentions

    

Broker Non-Votes

 
Karen L. Daniel      43,071,747         1,748,867         62,329         5,166,016   
Ruth Ann M. Gillis      44,098,377         723,123         61,442         5,166,016   
James P. Holden      44,633,019         188,010         61,912         5,166,016   
Nathan J. Jones      44,080,442         737,610         63,296         5,166,016   
Henry W. Knueppel      44,328,789         486,095         66,464         5,166,016   
W. Dudley Lehman      43,287,373         1,529,341         66,228         5,166,016   
Nicholas T. Pinchuk      42,548,098         2,241,106         92,145         5,166,016   
Gregg M. Sherrill      44,616,488         201,308         63,552         5,166,016   
Donald J. Stebbins      43,060,380         1,758,151         64,411         5,166,016   

The proposal to ratify the Audit Committee’s selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for fiscal 2016 received the following votes:

 

Votes for approval:    47,118,239    Votes against:    2,875,126    Abstentions:    55,593

Broker non-votes:

   0            

The advisory vote to approve the compensation of the Company’s named executive officers, as disclosed in “Compensation Discussion and Analysis” and “Executive Compensation Information” in the 2016 Proxy Statement, received the following votes:

 

Votes for approval:    44,036,665    Votes against:    657,415    Abstentions:    188,862
Broker non-votes:    5,166,016                    

*     *     *     *     *


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

       

SNAP-ON INCORPORATED

Date: April 29, 2016     By:  

/s/ Irwin M. Shur

      Irwin M. Shur
      Vice President, General Counsel and Secretary