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8-KThe WireRoutine

Shareholder Vote

Filed May 17, 2023 · 3y ago · Accession 0000950170-23-022734

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): May 17, 2023 UNIVERSAL HEALTH SERVICES, INC. (Exact name of registrant as specified in its charter) Delaware 1-10765 23-2077891 (State or other jurisdiction of (Commission (I.R.S. Employer Incorporation or Organization) File Number) Identification No.) UNIVERSAL CORPORATE CENTER 367 SOUTH GULPH ROAD KING OF PRUSSIA , Pennsylvania 19406 (Address of principal executive office) (Zip Code) Registrant’s telephone number, including area code ( 610 ) 768-3300 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 (see General Instructions A.2. below): ☐ 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 Class B Common Stock UHS 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. On May 17, 2023, the Company held its 2023 Annual Meeting of Stockholders. This year’s Annual Meeting of Stockholders was conducted virtually via a live audio webcast. At the Annual Meeting, the Company’s stockholders: (i) voted to elect two Class III members of the Board of Directors for a three-year term scheduled to expire at the Company’s 2026 Annual Meeting of Stockholders; (ii) voted in favor of the nonbinding advisory vote on named executive officer compensation; (iii) voted in favor of a three year frequency for future nonbinding advisory stockholder votes to approve named executive officer compensation, and; (iv) voted to ratify the selection of PricewaterhouseCoopers, LLP, as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The final voting results were as follows: Proposal No. 1: Election of Directors: Alan B. Miller – elected by the Class A and Class C Stockholders:     Votes cast in favor 7,238,788 Votes withheld 0 Broker non-votes 0 Nina Chen-Langenmayr – elected by the Class B and Class D Stockholders:     Votes cast in favor 55,908,386 Votes withheld 283,213 Broker non-votes 2,074,469 Uncast 0   Proposal No. 2: Non-binding advisory vote on named executive officer compensation:     Votes cast in favor 63,345,551 Votes cast against 640,071 Votes abstained 3,382 Broker non-votes 207,447 Uncast 0 Proposal No. 3: Non-binding advisory vote on the frequency of future advisory votes on named executive officer compensation:   One Year 4,761,732 Two Years 1,463 Three Years 59,223,681 Votes abstained 2,127 Broker non-votes 207,447 Uncast 0   Proposal No. 4: Ratification of the selection of PricewaterhouseCoopers, LLP, as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023:     Votes cast in favor 64,144,783 Votes cast against 50,119 Votes abstained 1,548 Broker non-votes 0 Uncast 0 In light of the stockholder voting results in favor of a three year frequency for future nonbinding advisory stockholder votes to approve named executive officer compensation (Proposal No. 3), and in accordance with the recommendation of the Company’s Board of Directors, future nonbinding advisory stockholder votes to approve named executive officer compensation shall be held every three years until the next stockholder vote on the frequency for future nonbinding advisory stockholder votes to approve named executive officer compensation.   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. Universal Health Services, Inc.   By: /s/ Steve Filton Name: Steve Filton Title: Executive Vice President and             Chief Financial Officer Date: May 17, 2023
Filing details
Ticker
UHS
CIK
352915
Form type
8-K
Filing date
May 17, 2023
Report date
May 17, 2023
Document
uhs-20230517.htm
Size
203 KB