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): May 19, 2016

 

 

 

 

LOGO

(Exact Name of Registrant as Specified in Charter)

 

 

001-11302

(Commission File Number)

 

OHIO   34-6542451
(State or other jurisdiction of incorporation)   (I.R.S. Employer Identification No.)

127 Public Square

Cleveland, Ohio 44114-1306

(Address of principal executive offices and zip code)

(216) 689-3000

(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:

 

¨ 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 5.07 Submission of Matters to a Vote of Security Holders

At KeyCorp’s 2016 Annual Meeting of Shareholders held on May 19, 2016, shareholders elected all fourteen of the directors nominated by the KeyCorp Board of Directors. Each director received a greater number of votes cast for his or her election than votes against from his or her election, as stated below. The shareholders also ratified the appointment of Ernst & Young LLP as KeyCorp’s independent auditor for 2016, approved on an advisory basis KeyCorp’s executive compensation as described in KeyCorp’s 2016 proxy statement, approved the material terms of KeyCorp’s 2016 Annual Performance Plan as described in KeyCorp’s 2016 proxy statement, and did not approve a shareholder proposal seeking to separate KeyCorp’s Chairman and Chief Executive Officer roles. The final voting results from the meeting are as follows:

Proposal One—Election of Directors

 

NOMINEE

    FOR    AGAINST    ABSTAIN    BROKER
NON-VOTE
Bruce D. Broussard    623,297,943    7,792,450    2,508,656    77,922,957
Joseph A. Carrabba    580,705,394    50,539,390    2,354,265    77,922,957
Charles P. Cooley    628,051,417    3,015,923    2,531,708    77,922,957
Alexander M. Cutler    580,037,467    51,068,182    2,493,399    77,922,957
H. James Dallas    622,664,910    8,382,276    2,551,862    77,922,957
Elizabeth R. Gile    628,615,529    2,520,142    2,463,376    77,922,957
Ruth Ann M. Gillis    628,110,104    3,130,093    2,358,852    77,922,957
William G. Gisel, Jr.    626,410,456    4,702,285    2,486,308    77,922,957
Richard J. Hipple    594,507,423    36,534,738    2,566,887    77,922,957
Kristen L. Manos    628,084,500    3,117,833    2,396,716    77,922,957
Beth E. Mooney    607,041,571    22,304,207    4,253,270    77,922,957
Demos Parneros    624,909,648    6,123,128    2,566,273    77,922,957
Barbara R. Snyder    623,315,123    7,978,298    2,305,567    77,922,957
David K. Wilson    628,644,441    2,471,869    2,482,738    77,922,957

Proposal Two—Ratification of the Appointment of Ernst & Young LLP as KeyCorp’s Independent Auditors for 2016

 

FOR

  

AGAINST

  

ABSTAIN

  

BROKER

NON-VOTE

697,204,045   12,723,105   1,594,856   —  

Proposal Three—Advisory Approval of KeyCorp’s Executive Compensation

 

FOR

  

AGAINST

  

ABSTAIN

  

BROKER

NON-VOTE

599,513,143   30,908,487   3,177,418   77,922,957

Proposal Four—Approval of the Material Terms of KeyCorp’s 2016 Annual Performance Plan

 

FOR

  

AGAINST

  

ABSTAIN

  

BROKER

NON-VOTE

609,396,471   22,089,716   2,110,862   77,922,957

Proposal Five—Shareholder Proposal Seeking to Separate Chairman and Chief Executive Officer Roles

 

FOR

  

AGAINST

  

ABSTAIN

  

BROKER

NON-VOTE

165,595,036   465,331,481   2,672,379   77,922,957

SIGNATURE

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 thereunto duly authorized.

 

    KeyCorp
Date: May 20, 2016      
   

/s/ Paul N. Harris

    By:       Paul N. Harris
          Secretary and General Counsel