8-KThe WireRed Alert
Executive Change · Shareholder Vote
Filed Apr 28, 2021 · 5y ago · Accession 0000930413-21-000915
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, DC 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 27, 2021
First
Horizon Corporation
(Exact Name of Registrant as Specified in
Charter)
TN 001-15185 62-0803242
(State or Other Jurisdiction
of Incorporation) (Commission File Number) (IRS Employer
Identification No.)
165 Madison Avenue Memphis Tennessee 38103
(Address of Principal Executive Office) (Zip Code)
( 901 ) 523-4444
Registrant’s telephone number, including
area code
(Former name or former address, if changed
from 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 240.14a-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 Exchange on which Registered
$0.625 Par Value Common Capital Stock FHN New York Stock Exchange LLC
Depositary Shares, each representing a 1/4,000 th interest in a share of Non-Cumulative Perpetual Preferred Stock, Series A FHN PR A New York Stock Exchange LLC
Depositary Shares, each representing a 1/400 th interest in a share of Non-Cumulative Perpetual Preferred Stock, Series B FHN PR B New York Stock Exchange LLC
Depositary Shares, each representing a 1/400 th interest in a share of Non-Cumulative Perpetual Preferred Stock, Series C FHN PR C New York Stock Exchange LLC
Depositary Shares, each representing a 1/400 th interest in a share of Non-Cumulative Perpetual Preferred Stock, Series D FHN PR D New York Stock Exchange LLC
Depositary Shares, each representing a 1/4,000 th interest in a share of Non-Cumulative Perpetual Preferred Stock, Series E FHN PR E New York Stock Exchange LLC
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 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(e) Approval
of 2021 Incentive Plan
On April 27, 2021, the shareholders of First Horizon Corporation
(“First Horizon”) approved the First Horizon Corporation 2021 Incentive Plan. Adoption of the Plan was effective immediately.
The Plan is described in First Horizon’s 2021 Proxy Statement under the caption Vote Item 2—Approval of 2021 Incentive
Plan beginning on page 53, which description is incorporated into this item 5.02 by reference.
ITEM 5.07.
Submission of Matters to a Vote of Security Holders
(a) & (b) Voting Results for 2021 Annual Meeting
On April 27, 2021, First Horizon held its annual meeting of
shareholders. At the annual meeting, four vote items were acted upon by the shareholders. The number of votes cast for or against
as to each such matter or nominee, and the number of abstentions and broker non-votes as to each such matter or nominee, have been
certified and are set forth in the tables below. All vote data is shown rounded to the nearest whole share.
Vote Item 1: Election of Directors
Outcome: All nominees were elected
Nominee
For
Against
Abstain
Broker Non-vote
Harry V. Barton, Jr.
439,769,496
3,185,449
372,486
51,446,665
Kenneth A. Burdick
435,565,982
7,324,093
437,356
51,446,665
Daryl G. Byrd
438,495,127
4,459,012
373,292
51,446,665
John N. Casbon
440,283,734
2,643,990
399,708
51,446,665
John C. Compton
436,851,791
6,037,890
437,750
51,446,665
Wendy P. Davidson
439,434,702
3,439,806
452,924
51,446,665
William H. Fenstermaker
440,580,712
2,377,104
369,615
51,446,665
D. Bryan Jordan
439,885,202
3,052,888
389,342
51,446,665
J. Michael Kemp, Sr.
439,411,224
3,526,875
389,332
51,446,665
Rick E. Maples
440,353,946
2,575,469
398,017
51,446,665
Vicki R. Palmer
433,708,297
9,205,153
413,981
51,446,665
Colin V. Reed
433,612,401
9,289,779
425,252
51,446,665
E. Stewart Shea III
440,149,699
2,801,845
375,888
51,446,665
Cecelia D. Stewart
439,466,252
3,442,003
419,177
51,446,665
Rajesh Subramaniam
438,112,375
4,766,040
449,017
51,446,665
Rosa Sugrañes
439,544,160
3,295,284
487,988
51,446,665
R. Eugene Taylor
439,732,104
3,167,653
427,674
51,446,665
FIRST HORIZON CORPORATION
2
FORM 8-K CURRENT REPORT 4/27/2021
Vote Item 2: Approval of 2021 Incentive
Plan
Outcome: Approved
Details
For
Against
Abstain
Broker Non-vote
Proposal to approve the 2021 Incentive Plan, as described in the 2021 Proxy Statement
433,612,078
8,690,366
1,024,988
51,446,665
Vote Item 3: Advisory Resolution to
Approve Executive Compensation
Outcome: Approved
Details
For
Against
Abstain
Broker Non-vote
Advisory resolution to approve compensation of certain executive officers as described in the 2021 Proxy Statement
430,663,852
11,120,413
1,543,167
51,446,665
Vote Item 4: Ratification of Appointment
of Auditors
Outcome: Ratified
Auditor
For
Against
Abstain
Broker Non-vote
KPMG LLP
460,773,526
33,453,290
547,280
0
Item 9.01.
Financial Statements and Exhibits
(d) Exhibits
The following exhibits are filed herewith or incorporated herein:
Exhibit #
Description
10.1
First Horizon Corporation 2021 Incentive Plan, incorporated herein by reference to Appendix A to First Horizon’s Proxy Statement (Schedule 14A Information) filed with the Securities and Exchange Commission on March 15, 2021
104
Cover Page Interactive Data File, formatted in Inline XBRL
All summaries and descriptions of documents, and of amendments
thereto, set forth above are qualified in their entirety by the documents themselves, whether filed as an exhibit hereto or filed
as an exhibit to a later report.
* * * * *
FIRST HORIZON CORPORATION
3
FORM
8-K CURRENT REPORT 4/27/2021
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.
First Horizon Corporation
(Registrant)
Date: April 28, 2021
By:
/s/ Clyde A. Billings, Jr.
Clyde A. Billings, Jr.
Senior Vice President, Assistant
General Counsel, and Corporate Secretary
FIRST HORIZON CORPORATION
4
FORM 8-K CURRENT REPORT 4/27/2021
Filing details
- Company
- FIRST HORIZON CORP
- Ticker
- FHN-PF
- CIK
- 36966
- Form type
- 8-K
- Filing date
- Apr 28, 2021
- Report date
- Apr 27, 2021
- Document
- c101611_8k-ixbrl.htm
- Size
- 244 KB