8-KThe WireRoutine
Shareholder Vote
Filed May 30, 2023 · 3y ago · Accession 0001193125-23-156583
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 25, 2023
FLOWSERVE CORPORATION
(Exact Name of Registrant as Specified in its Charter)
New York
1-13179
31-0267900
(State or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
5215 N. O’Connor Blvd. , Suite 700 , Irving , Texas
75039
(Address of Principal Executive Offices)
(Zip Code)
(972) 443-6500
(Registrant’s telephone number, including area code)
N/A
(Former Name or Former Address, if Changed Since Last Report)
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, $1.25 Par Value
FLS
New York Stock Exchange
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))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). 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 25, 2023, the Company held its virtual 2023 Annual Meeting of Shareholders. The number of shares present at the Annual Meeting was 121,541,938, representing 92.67% of the 131,147,426 shares issued and outstanding that were entitled to vote on March 28, 2023, the record date for the Annual Meeting.
Five items of business were submitted to shareholders at the Annual Meeting. The voting results for each proposal are set forth below:
1. Election of Directors . The director nominees listed below were duly elected at the Annual Meeting for annual terms expiring in 2024 pursuant to the following votes:
Nominee
For
Against
Abstained
Broker Non-Votes
R. Scott Rowe
117,070,971
699,325
33,966
3,737,676
Sujeet Chand
117,294,370
476,553
33,339
3,737,676
Ruby R. Chandy
114,553,793
3,216,943
33,526
3,737,676
Gayla J. Delly
103,745,697
13,975,315
83,250
3,737,676
John R. Friedery
112,685,222
5,084,146
34,894
3,737,676
John L. Garrison
113,459,398
4,310,765
34,099
3,737,676
Michael C. McMurray
116,468,047
1,302,533
33,682
3,737,676
Thomas B. Okray
117,570,014
199,819
34,429
3,737,676
David E. Roberts
116,334,820
1,435,630
33,812
3,737,676
Kenneth I. Siegel
116,858,911
862,241
83,110
3,737,676
Carlyn R. Taylor
117,202,626
568,784
32,852
3,737,676
2. Advisory Vote on Executive Compensation . The proposal for approval, on an advisory basis, of the compensation of the Company’s named executive officers was approved pursuant to the following votes:
Votes FOR:
109,857,939
Votes AGAINST:
7,871,254
Votes ABSTAINED:
75,069
Broker Non-Votes:
3,737,676
3. Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation . The proposal for approval, on an advisory basis, of the frequency of future advisory votes on the compensation of the Company’s named executive officers was approved pursuant to the following votes:
Votes for 1 YEAR:
115,418,055
Votes for 2 YEARS:
153,979
Votes for 3 YEARS:
2,188,757
Votes ABSTAINED:
43,471
Broker Non-Votes:
3,737,676
4. Ratification of Independent Registered Public Accounting Firm. The appointment of PricewaterhouseCoopers LLP to serve as the Company’s independent registered public accounting firm for 2023 was ratified pursuant to the following votes:
Votes FOR:
116,608,585
Votes AGAINST:
4,890,577
Votes ABSTAINED:
42,776
Broker Non-Votes:
N/A
5. Shareholder Proposal – Eliminate Ownership Requirements to Call a Special Meeting. The shareholder proposal requesting that the Board of Directors take the steps necessary to amend the Company’s organizational documents to give any holders of a combined 25% of outstanding common stock, regardless of the length of stock ownership, the power to call a special shareholder meeting, did not pass, pursuant to the following votes:
Votes FOR:
22,978,610
Votes AGAINST:
94,723,844
Votes ABSTAINED:
101,808
Broker Non-Votes:
3,737,676
Item 9.01
Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.
Description
104
The cover page from Flowserve Corporation’s Current Report on Form 8-K, formatted in Inline XBRL.
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.
FLOWSERVE CORPORATION
Dated: May 30, 2023
By:
/s/ Susan C. Hudson
Susan C. Hudson
Senior Vice President, Chief Legal Officer and Corporate Secretary
Filing details
- Company
- FLOWSERVE CORP
- Ticker
- FLS
- CIK
- 30625
- Form type
- 8-K
- Filing date
- May 30, 2023
- Report date
- May 25, 2023
- Document
- d468706d8k.htm
- Size
- 173 KB