8-KThe WireRoutine
Shareholder Vote
Filed Apr 27, 2023 · 3y ago · Accession 0001193125-23-119706
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): April 21, 2023
Stanley Black & Decker, Inc.
(Exact Name of Registrant as Specified in its Charter)
Connecticut
1-5224
06-0548860
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
1000 Stanley Drive , New Britain ,
Connecticut
06053
(Address of principal executive offices)
(Zip Code)
Registrant’s telephone number including area code: (860) 225-5111
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 Instruction 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
Common Stock - $2.50 Par Value per Share
SWK
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.
The 2023 Annual Meeting of Shareholders (the “2023 Annual Meeting”) of Stanley Black & Decker, Inc. (the “Company”) was held on April 21, 2023. At the close of business on February 27, 2023, the record date for the 2023 Annual Meeting, 153,055,232 shares of common stock, $2.50 par value per share, of the Company (“common stock”) were outstanding and entitled to vote. At the 2023 Annual Meeting, 131,099,434 of the outstanding shares of common stock entitled to vote were represented by proxy or in person, constituting a quorum.
At the 2023 Annual Meeting, the Company’s shareholders voted on the following matters:
Proposal 1: The Company’s shareholders elected each of the following nominees as a director of the Company to serve for a term expiring at the Annual Meeting of Shareholders to be held in 2024 based on the following votes:
Nominee
For
Against
Abstain
Broker Non-Votes
Donald Allan, Jr.
118,605,037
940,698
449,103
11,104,596
Andrea J. Ayers
117,137,426
2,426,330
431,082
11,104,596
Patrick D. Campbell
103,959,205
15,597,342
438,291
11,104,596
Debra A. Crew
114,806,034
4,753,828
434,976
11,104,596
Michael D. Hankin
118,191,890
1,359,967
442,981
11,104,596
Robert J. Manning
118,205,821
1,348,158
440,859
11,104,596
Adrian V. Mitchell
118,475,218
1,080,279
439,341
11,104,596
Jane M. Palmieri
118,499,671
1,056,969
438,198
11,104,596
Mojdeh Poul
118,414,468
1,127,764
452,606
11,104,596
Irving Tan
118,472,099
1,083,640
439,099
11,104,596
Proposal 2: The Company’s shareholders approved, on an advisory basis, the compensation of the Company’s named executive officers based on the following votes:
For
Against
Abstain
Broker Non-Votes
108,439,510
10,846,273
709,055
11,104,596
Proposal 3: The Company’s shareholders approved, on an advisory basis, holding future advisory votes on named executive officer compensation every year based on the following votes:
One Year
Two Years
Three Years
Abstain
117,020,492
161,253
2,341,896
471,197
Based on the results of this advisory vote and consistent with the recommendation of the Board of Directors, the Board of Directors determined that the Company will hold a shareholder advisory vote to approve the compensation of the Company’s named executive officers every year until the next vote on the frequency of such advisory votes to occur no later than the Company’s Annual Meeting of Shareholders to be held in 2029.
Proposal 4: The Company’s shareholders approved the selection of Ernst & Young LLP as the Company’s registered independent public accounting firm for the 2023 fiscal year based on the following votes:
For
Against
Abstain
114,749,486
15,985,620
364,328
Proposal 5: The Company’s shareholders did not approve the shareholder proposal regarding shareholder ratification of termination pay based on the following votes:
For
Against
Abstain
Broker Non-Votes
15,351,047
104,184,355
459,436
11,104,596
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
STANLEY BLACK & DECKER, INC.
Date: April 27, 2023
By:
/s/ Janet M. Link
Name:
Janet M. Link
Title:
Senior Vice President, General Counsel and Secretary
Filing details
- Company
- STANLEY BLACK & DECKER, INC.
- Ticker
- SWK
- CIK
- 93556
- Form type
- 8-K
- Filing date
- Apr 27, 2023
- Report date
- Apr 21, 2023
- Document
- d450504d8k.htm
- Size
- 174 KB