Form 8-K

 

 

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)

September 17, 2018

 

 

PATTERSON COMPANIES, INC.

(Exact Name of Registrant as Specified in Its Charter)

 

 

 

Minnesota   0-20572   41-0886515

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

1031 Mendota Heights Road

St. Paul, Minnesota 55120

(Address of Principal Executive Offices, including Zip Code)

(651) 686-1600

(Registrant’s Telephone Number, including Area Code)

 

 

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 §24 .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.

(a)    Patterson Companies, Inc. (the “Company”) held its annual meeting of shareholders (the “Annual Meeting”) on September 17, 2018. There were 95,062,744 shares of the Company’s common stock outstanding and entitled to vote at the Annual Meeting. At the Annual Meeting, the holders of 88,030,201 shares of common stock were represented in person or by proxy; therefore, a quorum was present.

(b)    The matters that were voted upon at the Annual Meeting, and the number of votes cast for or against, as well as the number of abstentions and broker non-votes, as to each such matter, where applicable, are set forth below.

Proposal No. 1: Election of Directors

John D. Buck, Alex N. Blanco, Jody H. Feragen, Robert C. Frenzel, Francis (Fran) J. Malecha, Ellen A. Rudnick, Neil A. Schrimsher, Mark S. Walchirk and James W. Wiltz were elected directors of the Company to have terms expiring in 2019, and until their successors shall be elected and duly qualified. The results of the vote were as follows:

 

     For      Against      Abstain         
     Votes      Percentage
of Shares
Voted
     Votes      Percentage
of Shares
Voted
     Votes      Percentage
of Shares
Voted
     Broker
Non-Votes
 

John D. Buck

     74,977,551        96.34%        1,707,908        2.19%        1,138,151        1.46%        10,206,591  

Alex N. Blanco

     75,770,822        97.36%        1,988,051        2.55%        64,737        0.08%        10,206,591  

Jody H. Feragen

     76,705,470        98.56%        1,057,409        1.36%        60,731        0.08%        10,206,591  

Robert C. Frenzel

     77,185,980        99.18%        574,007        0.74%        63,623        0.08%        10,206,591  

Francis (Fran) J. Malecha

     75,636,997        97.19%        2,125,116        2.73%        61,497        0.08%        10,206,591  

Ellen A. Rudnick

     74,448,648        95.66%        3,331,011        4.28%        43,951        0.06%        10,206,591  

Neil A. Schrimsher

     75,643,442        97.20%        2,116,558        2.72%        63,610        0.08%        10,206,591  

Mark S. Walchirk

     77,175,030        99.17%        603,905        0.78%        44,675        0.06%        10,206,591  

James W. Wiltz

     76,679,687        98.53%        1,010,727        1.30%        133,196        0.17%        10,206,591  

Proposal No. 2: Vote on Amendment to 2015 Omnibus Incentive Plan

The proposal to amend the Company’s 2015 Omnibus Incentive Plan to increase the number of shares reserved for issuance thereunder from 4,000,000 to 11,500,000 was approved. The results of the vote were as follows:

 

For    Against    Abstain     
Votes    Percentage of
Shares Voted
   Votes    Percentage of
Shares Voted
   Votes    Percentage of
Shares Voted
   Broker
Non-Votes
66,196,026    85.06%    11,530,495    14.82%    97,089    0.12%    10,206,591

Proposal No. 3: Advisory Vote on Executive Compensation

The advisory proposal concerning the Company’s executive compensation program was approved. The results of the non-binding vote were as follows:

 

For   Against   Abstain    
Votes    Percentage of
Shares Voted
  Votes    Percentage of
Shares Voted
  Votes    Percentage of
Shares Voted
  Broker
Non-Votes
73,622,787    94.60%   4,115,230    5.29%   85,593    0.11%   10,206,591


Proposal No. 4: Ratification of the Appointment of the Company’s Independent Registered Public Accounting Firm

The proposal to ratify the appointment of Ernst and Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending April 27, 2019 was approved. The results of the vote were as follows:

 

For   Against   Abstain
Votes    Percentage of
Shares Voted
  Votes    Percentage of
Shares Voted
  Votes    Percentage of
Shares Voted
86,192,058    97.91%   1,774,605    2.02%   63,538    0.07%


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.

 

    PATTERSON COMPANIES, INC.
Date: September 19, 2018     By:   /s/ Les B. Korsh
      Les B. Korsh
      Vice President, General Counsel and Secretary