Unassociated Document
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): May 26, 2011
 
The Interpublic Group of Companies, Inc.
(Exact Name of Registrant as Specified in Charter)
 Delaware
1-6686
13-1024020
(State or Other Jurisdiction
of Incorporation)
(Commission File
Number)
(IRS Employer
Identification No.)
     
1114 Avenue of the Americas, New York, New York
10036
(Address of Principal Executive Offices)
(Zip Code)
   
   
Registrant’s telephone number, including area code: 212-704-1200
(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))
 
 
 
 
 

Item 5.03.  Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
 
Restatement of Certificate of Incorporation
 
On May 26, 2011, the Board of Directors (the “Board”) of The Interpublic Group of Companies, Inc. (“IPG”) acted to simplify the presentation of the Certificate of Incorporation of IPG (the “Certificate of Incorporation”) by:
 
·  
removing all references to the 53/8% Series A Mandatory Convertible Preferred Stock (the “Series A Preferred Stock”) from the Certificate of Incorporation.  All shares of the Series A Preferred Stock automatically converted into common stock of IPG on December 15, 2006 in accordance with their terms, no shares of Series A Preferred Stock have been outstanding since that date and the Board has determined that no further shares of Series A Preferred Stock will be issued.
 
·  
reducing the number of outstanding shares of 5¼% Series B Cumulative Convertible Perpetual Preferred Stock (the “Series B Preferred Stock”) referenced in the Certificate of Incorporation from 525,000 to 221,474 to reflect the repurchase on May 26, 2010 of 303,526 shares of Series B Preferred Stock through a tender offer.
 
·  
restating and integrating without further amendment the Certificate of Incorporation (as so restated, the “Restated Certificate of Incorporation”).
 
No substantive amendments to the Certificate of Incorporation were effected by these actions.
 
A copy of the Certificate of Elimination with respect to the Series A Preferred Stock, the Certificate of Decrease with respect to the Series B Preferred Stock and the Restated Certificate of Incorporation are attached hereto as Exhibits 3(i)(1), 3(i)(2) and 3(i)(3), respectively, and incorporated herein by reference.
 
Amendment of By-Laws
 
On May 26, 2011, the Board also adopted amendments to the By-Laws of IPG (the “Amended By-Laws”), effective immediately.  The Amended By-Laws amend:
 
·  
Sections 2.04 and 2.06(a) to provide for the possibility of fixing two record dates in respect of meetings of shareholders, the first to determine the shareholders entitled to notice of the meeting; the second to determine the shareholders entitled to vote at the meeting.  The record date for determining the shareholders entitled to notice shall be the same as the date for determining those entitled to vote unless the Board determines otherwise.
 
·  
Section 2.11 to clarify the definition of “contested election” and the voting mechanics in connection with a contested election.
 
·  
Sections 2.13(c) and (d)  to further clarify and provide for efficient administration of the interaction of the rights of shareholders, including their rights pursuant to Rule 14a-8 promulgated under the Securities Exchange Act of 1934, as amended,  and their duties under the advance notice provisions of the Amended By-Laws applicable to shareholders wishing to bring proposals of business and nominations of directors before an annual or special meeting of IPG’s shareholders.
 
 
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·  
The Amended By-Laws also include minor changes to Sections 2.02, 2.06(b) and 2.13(a)(2) to clarify those provisions.
 
·  
A copy of the Amended By-Laws is attached hereto as Exhibit 3(ii) and incorporated herein by reference. The foregoing description of the Amended By-Laws is qualified in its entirety by reference to the full text of the Amended By-Laws
 
Item 5.07.  Submission of Matters to a Vote of Security Holders

(a)  The Annual Meeting of Shareholders of IPG was held on May 26, 2011.

(b)  The following matters were voted upon with the final results indicated below.
 
       1.     The nominees listed below were elected directors with the respective votes set forth opposite their    names:
 
       
BROKER
NOMINEE
     FOR
 AGAINST
ABSTAIN
NON-VOTES
         
Reginald K. Brack
379,290,766
17,741,418
199,391
19,597,485
Jocelyn Carter-Miller
396,144,260
     876,839
210,476
19,597,485
Jill M. Considine
379,541,631
17,479,797
210,147
19,597,485
Richard A. Goldstein
395,366,148
  1,667,444
197,983
19,597,485
Mary J. Steele Guilfoile
396,341,283
     641,593
248,699
19,597,485
H. John Greeniaus
395,267,003
  1,798,338
166,234
19,597,485
William T. Kerr
389,305,042
  7,673,177
253,356
19,597,485
Michael I. Roth
380,723,530
16,344,619
163,426
19,597,485
David M. Thomas
396,121,295
     888,193
222,087
19,597,485
 
2.  
 A proposal to approve confirmation of the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal year 2011 was approved with the votes set forth below.  There were no broker non-votes.

For
403,621,949
Against
  13,030,895
Abstain
       176,216
 
3.  
 An advisory ballot question on executive compensation was approved with the votes set forth below:
 
For
387,432,366
Against
     5,246,101
Abstain
     4,553,108
Broker non-votes
   19,597,485



 
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4.  
An advisory ballot question on the frequency of shareholder advisory votes on executive compensation resulted in the votes set forth below:

Every year
359,074,297
Every two years
        765,565
Every three years
   32,717,389
Abstain
     4,674,324
Broker non-votes
   19,597,485


5.  
A shareholder proposal regarding special shareholder meetings was defeated with the votes set forth below:

For
146,818,757
Against
248,873,205
Abstain
     1,539,613
Broker non-votes
   19,597,485

 
(d)  In light of shareholder support for the Board’s recommendation to conduct annual advisory shareholder votes on executive compensation, IPG will include an advisory vote on executive compensation every year in its proxy materials, although it reserves the right to reevaluate this policy at any time.

 
Item 9.01.  Financial Statements and Exhibits.
 
 
Exhibit 3(i)(1):
Certificate of  Elimination, dated as of May 26, 2011 (filed pursuant to Item 5.03)
 
 
Exhibit 3(i)(2):
Certificate of Decrease, dated as of May 26, 2011 (filed pursuant to Item 5.03)
 
 
Exhibit 3(i)(3):
Restated Certificate of Incorporation of The Interpublic Group of Companies, Inc., dated as of May 26, 2011 (filed pursuant to Item 5.03)
 
 
Exhibit 3(ii):
By-Laws of The Interpublic Group of Companies, Inc., as amended through May 26, 2011 (filed pursuant to Item 5.03)
 

 

 
 
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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.
 
 
 
              THE INTERPUBLIC GROUP OF COMPANIES, INC.
Date: May 27, 2011
By:  
         /s/ Nicholas J. Camera                                          
         Nicholas J. Camera
     Senior Vice President, General Counsel and
     Secretary

 
 
 


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