8-KThe WireRoutine
Shareholder Vote
Filed May 11, 2021 · 5y ago · Accession 0001193125-21-156506
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, 2021
International Paper Company
(Exact name of registrant as specified in its charter)
New York
1-3157
13-0872805
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
6400 Poplar Avenue , Memphis , Tennessee 38197
(Address of Principal Executive Offices, and Zip-Code)
Registrant’s telephone number, including area code: (901) 419-7000
(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 240.14a-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
Name of each exchange
on which registered
Common Stock, $1 per share par value
IP
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. ☐
SECTION 5. CORPORATE GOVERNANCE AND MANAGEMENT.
Item 5.07. Submission of Matters to a Vote of Security Holders.
(a) International Paper Company (the “Company”) held its annual meeting of shareowners on May 10, 2021.
(b) Of the 392,834,703 shares outstanding on the record date and entitled to vote at the meeting, 344,540,309 shares were present at the meeting in person or by proxy, constituting a quorum of 87.70 percent. The shareowners of the Company’s common stock considered and voted upon three Company proposals and one shareowner proposal at the meeting.
Item 1 – Company Proposal to Elect 11 Directors
The holders of the common stock of the Company elected each of the following nominees as directors, to serve a term of one year ending the earlier of (i) the Company’s 2022 annual meeting of shareowners and the date a qualified successor has been elected, or (ii) death, resignation or retirement. The directors were elected by the following count:
Directors
For
Against
Abstain
Broker
Non-Votes
Christopher M. Connor
296,806,960
6,795,286
514,147
40,423,916
Ahmet C. Dorduncu
246,503,145
57,251,185
362,063
40,423,916
Ilene S. Gordon
296,216,742
7,596,117
303,534
40,423,916
Anders Gustafsson
302,182,404
1,421,354
512,635
40,423,916
Jacqueline C. Hinman
299,152,580
4,481,129
482,684
40,423,916
Clinton A. Lewis, Jr.
295,974,111
7,780,574
361,708
40,423,916
DG Macpherson
300,266,440
3,478,214
371,739
40,423,916
Kathryn D. Sullivan
299,772,618
4,036,500
307,275
40,423,916
Mark S. Sutton
290,213,080
12,898,319
1,004,994
40,423,916
Anton V. Vincent
300,389,482
3,351,223
375,688
40,423,916
Ray G. Young
295,586,064
7,990,478
539,851
40,423,916
Item 2 – Company Proposal to Ratify Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm for 2021
The holders of the Company’s common stock ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2021 by the following count:
For
Against
Abstain
Broker
Non-Votes
339,990,030
4,182,666
367,613
( 0 )
2
Item 3 – Company Proposal to Vote on a Non-Binding Resolution to Approve the Compensation of the Company’s Named Executive Officers
The holders of the Company’s common stock supported the non-binding resolution to approve the compensation of the Company’s named executive officers by the following count:
For
Against
Abstain
Broker
Non-Votes
283,854,363
19,039,932
1,222,098
40,423,916
Item 4 – Shareowner Proposal to Reduce Ownership Threshold for Requesting Action by Written Consent
The holders of the Company’s common stock did not approve the non-binding shareowner proposal to reduce the ownership threshold for requesting action by written consent by the following count:
For
Against
Abstain
Broker
Non-Votes
107,872,697
194,831,976
1,411,720
40,423,916
3
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.
INTERNATIONAL PAPER COMPANY
By:
/s/ Sharon R. Ryan
Name: Sharon R. Ryan
Title: Senior Vice President,
General Counsel &
Corporate Secretary
Date: May 10, 2021
4
Filing details
- Company
- INTERNATIONAL PAPER CO /NEW/
- Ticker
- IP
- CIK
- 51434
- Form type
- 8-K
- Filing date
- May 11, 2021
- Report date
- May 10, 2021
- Document
- d105860d8k.htm
- Size
- 161 KB