8-KThe WireRoutine
Shareholder Vote
Filed May 11, 2023 · 3y ago · Accession 0000064996-23-000028
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗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): May 10, 2023
Commission File No. 001-12257
MERCURY GENERAL CORPORATION
(Exact Name of Registrant as Specified in Charter)
California 95-2211612
(State or other jurisdiction of
incorporation or organization) (I.R.S. Employer
Identification No.)
4484 Wilshire Boulevard
Los Angeles, California 90010
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: ( 323 ) 937-1060
____________________
Not applicable
(Former name or former address, if changed since last report)
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 240.14.a-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 MCY 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
Mercury General Corporation (the "Company") held its 2023 Annual Meeting of Shareholders on May 10, 2023 . The matters voted upon at the meeting included the election of all eight directors, an advisory vote on executive compensation, ratification of the selection of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023, and an advisory vote on the frequency of the advisory vote on executive compensation. The votes cast with respect to these matters were as follows:
Election of Directors
Nominee Number of Shares
Voted For Number of Shares
Withheld Broker Non-Votes
George G. Braunegg 45,677,521 2,330,847 4,334,134
Ramona L. Cappello 45,576,079 2,432,289 4,334,134
James G. Ellis 47,621,462 386,906 4,334,134
George Joseph 46,430,680 1,577,688 4,334,134
Vicky Wai Yee Joseph 46,570,158 1,438,210 4,334,134
Joshua E. Little 45,555,541 2,452,827 4,334,134
Martha E. Marcon 46,639,324 1,369,044 4,334,134
Gabriel Tirador 47,553,193 455,175 4,334,134
Advisory Vote on the Compensation of Named Executive Officers
The shareholders approved, on an advisory, non-binding basis, the compensation of the Company's named executive officers as described in its Proxy Statement, by the following votes:
For Against Abstain Broker Non-Votes
45,047,414 2,895,389 65,565 4,334,134
Ratification of the Selection of KPMG LLP as the Company's Independent Registered Public Accounting Firm
The shareholders ratified the selection of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023 as described in its Proxy Statement, by the following votes:
For Against Abstain Broker Non-Votes
51,807,931 497,805 36,766 N/A
Advisory Vote on the Frequency of the Advisory Vote on the Compensation of Named Executive Officers
The shareholders voted, on an advisory, non-binding basis, that the frequency of the advisory vote on compensation of the Company's named executive officers should be as follows:
3 Years 2 Years 1 Year Abstain
1,412,300 166,462 46,395,465 34,141
Consistent with the votes cast with respect to this matter, the Company’s board of directors has determined to hold an advisory vote on compensation of its named executive officers every one year.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits .
104. Cover page Interactive Data File (formatted as inline XBRL)
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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.
Date: May 11, 2023 MERCURY GENERAL CORPORATION
By: /s/ T HEODORE S TALICK
Name: Theodore Stalick
Its: Chief Financial Officer
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Filing details
- Company
- MERCURY GENERAL CORP
- Ticker
- MCY
- CIK
- 64996
- Form type
- 8-K
- Filing date
- May 11, 2023
- Report date
- May 10, 2023
- Document
- mcy-20230510.htm
- Size
- 197 KB