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8-KThe WireRoutine

Shareholder Vote

Filed Apr 26, 2023 · 3y ago · Accession 0000021344-23-000026

Plain English

Material event — a significant development the company must disclose promptly.

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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 26, 2023 ( April 25, 2023 ) COCA COLA CO (Exact name of Registrant as specified in its charter) Delaware 001-02217 58-0628465 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) One Coca-Cola Plaza Atlanta, Georgia 30313 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code:  (404) 676-2121 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)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.25 Par Value KO New York Stock Exchange 0.500% Notes Due 2024 KO24 New York Stock Exchange 1.875% Notes Due 2026 KO26 New York Stock Exchange 0.750% Notes Due 2026 KO26C New York Stock Exchange 1.125% Notes Due 2027 KO27 New York Stock Exchange 0.125% Notes Due 2029 KO29A New York Stock Exchange 0.125% Notes Due 2029 KO29B New York Stock Exchange 0.400% Notes Due 2030 KO30B New York Stock Exchange 1.250% Notes Due 2031 KO31 New York Stock Exchange 0.375% Notes Due 2033 KO33 New York Stock Exchange 0.500% Notes Due 2033 KO33A New York Stock Exchange 1.625% Notes Due 2035 KO35 New York Stock Exchange 1.100% Notes Due 2036 KO36 New York Stock Exchange 0.950% Notes Due 2036 KO36A New York Stock Exchange 0.800% Notes Due 2040 KO40B New York Stock Exchange 1.000% Notes Due 2041 KO41 New York Stock Exchange Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.07.     Submission of Matters to a Vote of Security Holders. (a) The Annual Meeting of Shareowners of the Company was held on Tuesday, April 25, 2023. The results of the matters submitted to a vote of the shareowners at the meeting are set forth below. Pursuant to Delaware law and the Company’s By-Laws, abstentions and broker non-votes are not considered votes cast and do not affect the outcome of the votes. Therefore, only votes for and against each matter are included in the percentages below. (b) Item 1. Election of Directors . Shareowners elected each of the persons named below as Directors for a term expiring in 2024 as follows (with Ms. Millhiser’s term commencing July 1, 2023): FOR % FOR AGAINST % AGAINST ABSTENTIONS BROKER NON-VOTES Herb Allen 3,143,735,777 99.40 19,118,723 0.60 6,446,460 505,076,089 Marc Bolland 3,060,004,765 96.75 102,935,155 3.25 6,361,242 505,076,089 Ana Botín 3,080,418,730 97.39 82,680,190 2.61 6,201,956 505,076,089 Christopher C. Davis 2,960,186,585 93.61 202,119,672 6.39 6,988,713 505,076,089 Barry Diller 2,369,010,105 74.90 794,044,414 25.10 6,242,110 505,076,089 Carolyn Everson 3,134,792,633 99.11 28,252,475 0.89 6,255,955 505,076,089 Helene D. Gayle 3,051,998,179 96.49 111,144,669 3.51 6,158,315 505,076,089 Alexis M. Herman 2,969,986,799 93.89 193,312,392 6.11 6,001,823 505,076,089 Maria Elena Lagomasino 2,936,924,412 92.96 222,535,480 7.04 9,841,052 505,076,089 Amity Millhiser 3,151,309,172 99.63 11,656,920 0.37 6,335,071 505,076,089 James Quincey 2,918,835,005 92.40 240,042,624 7.60 10,423,005 505,076,089 Caroline J. Tsay 3,119,206,625 98.61 43,877,034 1.39 6,217,503 505,076,089 David B. Weinberg 3,086,692,882 97.61 75,675,008 2.39 6,933,272 505,076,089 Item 2. Advisory Vote to Approve Executive Compensation . Votes regarding this advisory proposal were as follows: Votes Cast For: 2,841,765,788 90.08  % Votes Cast Against: 312,877,380 9.92  % Abstentions: 14,657,415 Broker Non-Votes: 505,076,089 Item 3. Advisory Vote on the Frequency of Future Advisory Votes to Approve Executive Compensation . Votes regarding this advisory proposal were as follows: Votes Cast For One Year: 3,116,090,868 98.59  % Votes Cast For Two Years: 8,566,517 0.27  % Votes Cast For Three Years: 35,958,708 1.14  % Abstentions: 8,674,073 Broker Non-Votes: 505,076,089 After considering these results, and consistent with its own recommendation, the Board of Directors has determined to continue to provide the Company’s shareowners with an annual advisory vote to approve executive compensation until the next vote on the frequency of such advisory votes. Item 4. Ratification of the Appointment of Ernst & Young LLP as Independent Auditors . Votes regarding this proposal were as follows: Votes Cast For: 3,495,811,009 95.34  % Votes Cast Against: 170,955,121 4.66  % Abstentions: 7,610,322 Broker Non-Votes: N/A Item 5. Shareowner Proposal Requesting an Audit of the Company’s Impact on Nonwhite Stakeholders . Votes regarding this proposal were as follows: Votes Cast For: 517,847,507 16.54  % Votes Cast Against: 2,613,244,391 83.46  % Abstentions: 38,205,583 Broker Non-Votes: 505,076,089 Item 6. Shareowner Proposal Requesting a Global Transparency Report . Votes regarding this proposal were as follows: Votes Cast For: 427,350,943 13.61  % Votes Cast Against: 2,712,323,285 86.39  % Abstentions: 29,626,918 Broker Non-Votes: 505,076,089 Item 7. Shareowner Proposal Regarding Political Expenditures Values Alignment . Votes regarding this proposal were as follows: Votes Cast For: 913,744,315 29.08  % Votes Cast Against: 2,228,571,148 70.92  % Abstentions: 26,985,700 Broker Non-Votes: 505,076,089 Item 8. Shareowner Proposal Requesting an Independent Board Chair Policy . Votes regarding this proposal were as follows: Votes Cast For: 615,675,181 19.81  % Votes Cast Against: 2,491,461,745 80.19  % Abstentions: 62,164,235 Broker Non-Votes: 505,076,089 Item 9. Shareowner Proposal Requesting a Report on Risks from State Policies Restricting Reproductive Rights . Votes regarding this proposal were as follows: Votes Cast For: 406,436,966 13.12  % Votes Cast Against: 2,692,066,904 86.88  % Abstentions: 70,796,884 Broker Non-Votes: 505,076,089 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, thereunto duly authorized. THE COCA-COLA COMPANY (REGISTRANT) Date: April 26, 2023 By: /s/ Monica Howard Douglas Monica Howard Douglas Senior Vice President and General Counsel
Filing details
Ticker
KO
CIK
21344
Form type
8-K
Filing date
Apr 26, 2023
Report date
Apr 25, 2023
Document
ko-20230425.htm
Size
995 KB