8-KThe WireRoutine
Shareholder Vote
Filed May 26, 2020 · 6y ago · Accession 0001193125-20-151540
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 21, 2020
KeyCorp
(Exact Name of Registrant as Specified in Charter)
001-11302
(Commission File Number)
Ohio
34-6542451
(State or other jurisdiction
of incorporation)
(I.R.S. Employer
Identification No.)
127 Public Square
Cleveland , Ohio 44114-1306
(Address of principal executive offices and zip code)
(216) 689-3000
(Registrant’s telephone number, including area code)
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 Shares, $1 par value
KEY
New York Stock Exchange
Depositary Shares (each representing a 1/40 th interest in a share of Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Stock, Series E)
KEY PrI
New York Stock Exchange
Depositary Shares (each representing a 1/40th interest in a share of Fixed Rate Perpetual Non-Cumulative Preferred Stock, Series F)
KEY PrJ
New York Stock Exchange
Depositary Shares (each representing a 1/40th interest in a share of Fixed Rate Perpetual Non-Cumulative Preferred Stock, Series G)
KEY PrK
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.
At KeyCorp’s 2020 Annual Meeting of Shareholders held on May 21, 2020, shareholders elected all twelve of the directors nominated by the KeyCorp Board of Directors. Each director received a greater number of votes cast for his or her election than votes against his or her election, as stated below. The shareholders also ratified the appointment of Ernst & Young LLP as KeyCorp’s independent auditor for 2020, approved on an advisory basis KeyCorp’s executive compensation as described in KeyCorp’s 2020 proxy statement, and rejected a shareholder proposal seeking to reduce the ownership threshold to call a special shareholder meeting. The final voting results from the meeting are as follows:
Proposal One—Election of Directors
NOMINEE
FOR
AGAINST
ABSTAIN
BROKER
NON-VOTE
Bruce D. Broussard
767,286,144
8,526,773
999,441
85,590,853
Gary M. Crosby
757,689,484
17,893,420
1,229,454
85,590,853
Alexander M. Cutler
735,136,392
40,590,187
1,085,778
85,590,853
H. James Dallas
746,797,222
28,725,417
1,289,718
85,590,853
Elizabeth R. Gile
770,993,160
4,814,390
1,004,808
85,590,853
Ruth Ann M. Gillis
759,346,404
16,534,785
931,168
85,590,853
Christopher M. Gorman
730,934,407
44,173,892
1,704,058
85,590,853
Carlton L. Highsmith
770,614,430
4,918,490
1,279,436
85,590,853
Richard J. Hipple
770,128,544
5,403,444
1,280,369
85,590,853
Kristen L. Manos
757,960,190
17,832,428
1,019,739
85,590,853
Barbara R. Snyder
763,821,968
12,048,358
942,031
85,590,853
David K. Wilson
771,644,780
4,053,689
1,113,888
85,590,853
Proposal Two—Ratification of the Appointment of Ernst & Young LLP as KeyCorp’s Independent Auditors for 2020
FOR
AGAINST
ABSTAIN
822,010,708
39,371,888
1,020,615
Proposal Three—Advisory Approval of KeyCorp’s Executive Compensation
FOR
AGAINST
ABSTAIN
BROKER
NON-VOTE
721,411,774
52,956,206
2,444,377
85,590,853
Proposal Four—Shareholder Proposal Seeking to Reduce the Ownership Threshold to Call a Special Shareholder Meeting
FOR
AGAINST
ABSTAIN
BROKER
NON-VOTE
357,065,484
416,515,212
3,231,661
85,590,853
SIGNATURE
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.
KeyCorp
Date: May 26, 2020
By:
/s/ Craig T. Beazer
Name:
Craig T. Beazer
Title:
General Counsel and Secretary
Filing details
- Company
- KEYCORP /NEW/
- Ticker
- KEY
- CIK
- 91576
- Form type
- 8-K
- Filing date
- May 26, 2020
- Report date
- May 21, 2020
- Document
- d922765d8k.htm
- Size
- 223 KB