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): June 21, 2017
IAC/INTERACTIVECORP
(Exact name of registrant as specified in charter)
Delaware |
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0-20570 |
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59-2712887 |
(State or other jurisdiction |
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(Commission |
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(IRS Employer |
of incorporation) |
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File Number) |
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Identification No.) |
555 West 18th Street, New York, NY |
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10011 |
(Address of principal executive offices) |
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(Zip Code) |
Registrants telephone number, including area code: (212) 314-7300
(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:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o 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 (§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 o
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. o
Item 5.07 Submission of Matters to a Vote of Security Holders.
On June 21, 2017, IACs annual meeting of stockholders was held. Stockholders present in person or by proxy, representing 72,963,884 shares of IAC common stock (entitled to one vote per share) and 5,789,499 shares of IAC Class B common stock (entitled to ten votes per share), voted on the following matters:
1. Election of Directors stockholders elected the following twelve (12) directors of the Company to hold office until the next annual meeting of stockholders or until their successors have been duly elected and qualified.
Elected by holders of IAC common stock voting as a separate class:
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Number of Votes |
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Number of Votes For Which |
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Bryan Lourd |
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54,899,305 |
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1,000,601 |
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Alan G. Spoon |
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53,678,697 |
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2,221,209 |
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Richard F. Zannino |
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55,320,075 |
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579,831 |
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Elected by holders of IAC common stock and IAC Class B common stock, voting together as a single class:
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Number of Votes Cast |
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Number of Votes For Which |
Edgar Bronfman, Jr. |
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108,895,383 |
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4,899,516 |
Chelsea Clinton |
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112,116,077 |
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1,678,819 |
Barry Diller |
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111,887,675 |
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1,907,221 |
Michael D. Eisner |
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112,486,783 |
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1,308,113 |
Bonnie S. Hammer |
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112,879,430 |
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915,466 |
Victor A. Kaufman |
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112,245,499 |
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1,549,397 |
Joseph Levin |
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112,657,385 |
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1,137,511 |
David S. Rosenblatt |
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112,871,156 |
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923,740 |
Alexander von Furstenberg |
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111,330,785 |
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579,831 |
In addition to the votes cast and withheld for each director nominee described above, there were 6,796,222 broker non-votes with respect to each director nominee.
2. The Say on Pay Proposalstockholders approved (on an advisory basis) the compensation paid to the Companys named executive officers for the fiscal year ended December 31, 2016. Stockholders eligible to vote voted as follows:
Stockholders eligible to vote voted as follows:
Number of Votes Cast in Favor |
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Number of Votes Cast Against |
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Number of Votes Abstaining |
110,983,687 |
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2,686,614 |
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124,595 |
In addition to the votes cast and abstentions described above, there were 6,796,222 broker non-votes with respect to the Say on Pay Proposal.
3. Frequency of the Say on Pay Vote Proposalstockholders approved (on an advisory basis) an advisory vote to approve the compensation paid to the Companys named executive officers every three years. Stockholders eligible to vote voted as follows:
One Year |
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Two Years |
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Three Years |
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Number of Votes |
42,725,944 |
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85,250 |
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70,924,478 |
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59,224 |
In addition to the votes cast and abstentions described above, there were 6,796,222 broker non-votes with respect to the Frequency of the Say on Pay Vote Proposal. Based on these results, and consistent with the Companys recommendation, future stockholder advisory votes on executive compensation will occur every three years. Accordingly, the next stockholder advisory vote on executive compensation is scheduled to be held at the Companys 2020 Annual Meeting of Stockholders. The next required stockholder advisory vote regarding the frequency interval is scheduled to be held in six years at the Companys 2023 Annual Meeting of Stockholders.
4. The Auditor Ratification Proposal stockholders ratified the appointment of Ernst & Young LLP as the Companys independent registered public accounting firm for the year ended December 31, 2017. Stockholders eligible to vote voted as follows:
Number of Votes Cast in Favor |
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Number of Votes Cast Against |
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Number of Votes Abstaining |
119,536,591 |
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1,009,205 |
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45,322 |
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.
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IAC/INTERACTIVECORP | |
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By: |
/s/ Gregg Winiarski |
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Name: |
Gregg Winiarski |
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Title: |
Executive Vice President, |
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Date: June 27, 2017 |
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