Pendrell Corporation
Pendrell Corp (Form: 8-K, Received: 06/16/2017 16:07:35)  

 


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 14, 2017

Pendrell Corporation
__________________________________________
(Exact name of registrant as specified in its charter)

     
Washington 001-33008 98-0221142
_____________________
(State or other jurisdiction
_____________
(Commission
______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
2300 Carillon Point, Kirkland, Washington   98033
_________________________________
(Address of principal executive offices)
  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   (425) 278-7100

Not Applicable
______________________________________________
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:

[  ]  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))

Top of the Form

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. [  ]


Top of the Form
 
Item 5.07   Submission of Matters to a Vote of Security Holders.

Pendrell Corporation (the “Company”) held its annual meeting of shareholders on June 14, 2017. At the meeting, the shareholders of the Company (i) elected the persons listed below to serve as directors of the Company, (ii) approved an advisory (non-binding) resolution on executive compensation; (iii) approved an annual advisory (non-binding) say-on-pay vote; (iv) approved a reverse stock split at a rate of 1-for-100; (v) re-approved the 2012 Equity Incentive Plan; and (vi) ratified the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2017. Set forth below are the voting results for each of these proposals:

Proposal 1 – Election of Directors.

                         
Director Nominee   Votes For   Votes Withheld   Broker Non-Votes
Richard P. Emerson
    64,107,672       2,365,851       0  
Nicolas Kauser
    63,494,557       2,978,966       0  
Craig O. McCaw
    64,100,960       2,372,563       0  
Lee E. Mikles
    64,106,308       2,367,215       0  
R. Gerard Salemme
    64,096,996       2,376,527       0  
Stuart M. Sloan
    63,346,114       3,127,409       0  
H. Brian Thompson
    63,342,831       3,130,692       0  

Proposal 2 – Approval of an advisory (non-binding) resolution on executive compensation.

                         
Votes For   Votes Against   Votes Abstained   Broker Non-Votes
66,289,676
    6,853       176,994       0  

Proposal 3 – Approval of an advisory (non-binding) recommendation on the frequency of future advisory votes on executive compensation.

                                 
Votes 1 Year   Votes 2 Years   Votes 3 Years   Votes Abstained   Broker Non-Votes
66,007,471
    94,677       203,412       167,963       0  

Proposal 4 – Approval of reverse stock split at an exchange rate of 1-for-100 to allow the Company to deregister its Common Stock under the Securities Exchange Act of 1934.

                         
Votes For   Votes Against   Votes Abstained   Broker Non-Votes
59,312,082
    6,988,452       172,989       0  

Proposal 5 – Re-approval of the 2012 Equity Incentive Plan for purposes of Section 1 62(m)(4) (C) of the Internal Revenue Code of 1986, as amended.

                         
Votes For   Votes Against   Votes Abstained   Broker Non-Votes
63,029,757
    3,269,684       174,082       0  

Proposal 6 – Ratification of Grant Thornton LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2017.

                         
Votes For   Votes Against   Votes Abstained   Broker Non-Votes
66,301,855
    6,564       165,104       0  


Top of the Form

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.

         
    Pendrell Corporation
          
June 16, 2017   By:   /s/ Timothy M. Dozois
       
        Name: Timothy M. Dozois
        Title: Corporate Counsel and Corporate Secretary