8-KThe WireRed Alert
Executive Change · Shareholder Vote
Filed Jul 24, 2024 · 1y ago · Accession 0001193125-24-183768
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): July 23, 2024
V. F. Corporation
(Exact name of registrant as specified in its charter)
Pennsylvania
1-5256
23-1180120
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
1551 Wewatta Street
Denver , Colorado
80202
(Address of Principal Executive Offices)
(Zip Code)
Registrant’s Telephone Number, including Area Code: (720) 778-4000
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, without par value, stated capital $.25 per share
VFC
New York Stock Exchange
4.125% Senior Notes due 2026
VFC26
New York Stock Exchange
0.250% Senior Notes due 2028
VFC28
New York Stock Exchange
4.250% Senior Notes due 2029
VFC29
New York Stock Exchange
0.625% Senior Notes due 2032
VFC32
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 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As disclosed in Item 5.07 below, the shareholders of V.F. Corporation (“VF”) approved the amendment and restatement of the 1996 Stock Compensation Plan (as amended and restated, the “Plan”) at the 2024 Annual Meeting of VF Shareholders (the “Annual Meeting”) on July 23, 2024. The Plan was summarized in VF’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on June 11, 2024 (the “Proxy Statement”) under the heading “Item No. 3: Proposal to Amend and Restate VF’s 1996 Stock Compensation Plan” and included as Appendix A to the Proxy Statement. The description of the Plan is qualified in its entirety by reference to the actual terms of the Plan, a copy of which is filed as Exhibit 10.1 hereto and incorporated herein by reference.
Item 5.07. Submission of Matters to a Vote of Security Holders.
On July 23, 2024, VF held the Annual Meeting. At the Annual Meeting, VF shareholders voted on the election of thirteen directors, the approval of the compensation of VF’s named executive officers, the approval of the Plan, and the ratification of the selection of PricewaterhouseCoopers LLP as VF’s independent registered public accounting firm for the 2025 fiscal year.
The final voting results were as follows:
1.
With respect to the election of the nominees as directors of VF, each of the thirteen nominees were elected based on the votes cast as set forth opposite their names below:
Name of Director
Votes For
Votes Against
Votes
Abstaining
Broker
Non-Votes
Richard T. Carucci
273,702,427
20,882,221
357,838
49,562,546
Alexander K. Cho
291,719,642
2,865,016
357,828
49,562,546
Juliana L. Chugg
265,954,016
28,653,949
334,521
49,562,546
Bracken P. Darrell
292,467,788
2,135,312
339,386
49,562,546
Trevor A. Edwards
292,443,718
2,154,096
344,672
49,562,546
Mindy F. Grossman
293,127,038
1,429,204
386,244
49,562,546
Mark S. Hoplamazian
285,641,879
8,933,871
366,736
49,562,546
Laura W. Lang
282,093,136
12,498,364
350,986
49,562,546
W. Rodney McMullen
291,439,788
3,147,844
354,854
49,562,546
Clarence Otis, Jr.
268,545,669
26,009,993
386,824
49,562,546
Carol L. Roberts
292,463,329
2,130,216
348,941
49,562,546
Matthew J. Shattock
278,850,741
15,736,627
355,118
49,562,546
Kirk C. Tanner
292,886,311
1,656,915
399,260
49,562,546
2.
With respect to the advisory vote to approve named executive officer compensation, the votes were cast for the proposal as set forth below:
Votes For : 277,409,357
Votes Against : 17,029,795
Votes Abstaining : 503,334
Broker Non-Votes : 49,562,546
3.
With respect to the proposal to approve the Plan, the votes were cast for the proposal as set forth below:
Votes For : 227,907,314
Votes Against : 66,459,868
Votes Abstaining : 575,304
Broker Non-Votes : 49,562,546
4.
With respect to the proposal to ratify the selection of PricewaterhouseCoopers LLP as VF’s independent registered public accounting firm for the 2025 fiscal year, the votes were cast for the proposal as set forth below:
Votes For : 321,682,867
Votes Against : 21,841,654
Votes Abstaining : 980,511
Item 9.01.
Financial Statements and Exhibits.
(d) Exhibits
Exhibit No.
Description
10.1
V.F. Corporation 1996 Stock Compensation Plan, as amended and restated May 14, 2024
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
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.
V.F. CORPORATION
By:
/s/ Jennifer S. Sim
Name: Jennifer S. Sim
Title: Chief Legal Officer and Corporate Secretary
Date: July 24, 2024
Filing details
- Company
- V F CORP
- Ticker
- VFC
- CIK
- 103379
- Form type
- 8-K
- Filing date
- Jul 24, 2024
- Report date
- Jul 23, 2024
- Document
- d799303d8k.htm
- Size
- 339 KB