8-KThe WireRoutine
Shareholder Vote
Filed May 8, 2023 · 3y ago · Accession 0001193125-23-138265
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 3, 2023
General Electric Company
(Exact name of registrant as specified in its charter)
New York
001-00035
14-0689340
(State or other jurisdiction of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
5 Necco Street , Boston , MA
02210
(Address of principal executive offices)
(Zip Code)
(Registrant’s telephone number, including area code) (617) 4433000
(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(s)
Name of each exchange on which registered
Common stock, par value $0.01 per share
GE
New York Stock Exchange
1.250% Notes due 2023
GE 23E
New York Stock Exchange
0.875% Notes due 2025
GE 25
New York Stock Exchange
1.875% Notes due 2027
GE 27E
New York Stock Exchange
1.500% Notes due 2029
GE 29
New York Stock Exchange
7 1/2% Guaranteed Subordinated Notes due 2035
GE /35
New York Stock Exchange
2.125% Notes due 2037
GE 37
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 pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.07
Submission of Matters to a Vote of Security Holders.
(a)
General Electric Company (“GE” or the “Company’) held its annual shareholders meeting on May 3, 2023 (the “Annual Meeting”).
(b) At the Annual Meeting, shareholders elected all of the Company’s nominees for director; approved the advisory vote on the Company’s named executives’ compensation (“Say on Pay”); approved the holding of future advisory votes on the Company’s named executives’ compensation every year (“Say on Frequency”); and ratified the appointment of Deloitte & Touche LLP as the Company’s independent auditor for 2023 (“Auditor Ratification”). Shareholders did not approve the shareholder proposals dealing with an independent chairman of the Board of Directors; the sale of the Company; a fiduciary carbon-emission relevance report; and a report to assess energy-related asset resilience.
Election of Directors
For
Against
Abstain
Broker Non-Votes
1.
Stephen Angel
770,061,386
16,626,341
1,332,590
119,612,175
2.
Sébastien Bazin
743,009,557
43,656,258
1,354,502
119,612,175
3.
H. Lawrence Culp, Jr.
755,196,276
31,572,590
1,251,451
119,612,175
4.
Edward Garden
770,541,881
16,103,606
1,374,830
119,612,175
5.
Isabella Goren
780,160,878
6,577,463
1,281,976
119,612,175
6.
Thomas Horton
776,309,476
10,332,821
1,378,020
119,612,175
7.
Catherine Lesjak
776,950,044
9,807,877
1,262,396
119,612,175
8.
Darren McDew
781,759,215
4,866,796
1,394,306
119,612,175
9.
Paula Rosput Reynolds
760,305,937
26,423,185
1,291,195
119,612,175
10.
Jessica Uhl
782,872,187
3,879,695
1,268,435
119,612,175
Management Proposals
For
Against
Abstain
Broker Non-Votes
1.
Say on Pay
741,712,533
43,393,287
2,914,497
119,612,175
1 Year
2 Years
3 Years
Abstain
Broker Non-Votes
2.
Say on Frequency
777,208,217
1,350,910
7,616,108
1,845,082
119,612,175
For
Against
Abstain
Broker Non-Votes
3.
Auditor Ratification
902,238,353
3,829,529
1,564,610
0
Shareholder Proposals
For
Against
Abstain
Broker Non-Votes
1.
Independent Board Chairman
249,696,041
536,029,783
2,294,493
119,612,175
2.
Sale of the Company
3,935,103
780,831,399
3,253,815
119,612,175
3.
Fiduciary Carbon-Emission Relevance Report
8,873,758
774,631,554
4,515,005
119,612,175
4.
Assess Energy-Related Asset Resilience
77,145,704
703,710,721
7,163,892
119,612,175
(2)
(d) A majority of the votes cast by shareholders at the Annual Meeting voted, on an advisory basis, to hold future say-on-pay votes every year. In line with this, the Board of Directors has decided that it will hold a say-on-pay vote every year until the next required say-on-pay-frequency vote, which will occur no later than the Company’s 2029 annual meeting of shareholders.
(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.
General Electric Company
(Registrant)
Date: May 8, 2023
/s/ Brandon Smith
Brandon Smith
Vice President, Chief Corporate, Securities & Finance Counsel
(4)
Filing details
- Company
- GENERAL ELECTRIC CO
- Ticker
- GE
- CIK
- 40545
- Form type
- 8-K
- Filing date
- May 8, 2023
- Report date
- May 3, 2023
- Document
- d441349d8k.htm
- Size
- 256 KB