Item 5.07. Submission of Matters to a Vote of Security Holders.
On June 3, 2020, the Company held its 2020 Annual Meeting of Stockholders (the
"Meeting"). The Company's stockholders voted on three proposals at the Meeting,
each of which is described in more detail in the Company's definitive proxy
statement filed with the Securities and Exchange Commission on April 22, 2020.
Holders of the Company's Class A Common Stock were entitled to one vote for each
share held as of the close of business on April 6, 2020 (the "Record Date") and
holders of the Company's Class B Common Stock were entitled to ten votes for
each share held as of the close of business on the Record Date. The Class A
Common Stock and Class B Common Stock voted as a single class on all matters.
Present at the Meeting in person or by proxy were holders of 123,332,415 shares
of Class A and Class B Common Stock, together representing a total of
206,426,940 votes, or more than 85% of the eligible votes as of the Record Date,
and constituting a quorum. The final results with respect to each such proposal
are set forth below:
Proposal 1 - Election of Directors.
The stockholders elected each of the three persons named below as Class I
directors to serve until the 2023 annual meeting of stockholders and until their
successors are duly elected and qualified. The results of such vote were:
Director Nominee Votes For Votes Withheld Broker Non-Votes
Richard Dalzell 158,461,419 29,165,334 18,800,187
Jeffrey Immelt 160,597,638 27,029,115 18,800,187
Erika Rottenberg 160,655,409 26,971,344 18,800,187
Proposal 2 - Ratification of Appointment of Independent Registered Public
Accounting Firm.
The stockholders ratified the appointment of KPMG LLP as the Company's
independent registered public accounting firm for the fiscal year ending
December 31, 2020. The results of such vote were:
For Against Abstain
206,151,460 150,566 124,914
Proposal 3 - Non-binding Advisory Vote on Compensation of Named Executive
Officers.
The stockholders approved, on a non-binding advisory basis, the compensation of
the Company's named executive officers. The results of such vote were:
For Against Abstain Broker Non-Votes
134,640,024 52,861,419 125,310 18,800,187
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