Clean Harbors Inc. filed SEC Form 8-K: Leadership Update, Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits
$CLH
Environmental Services
Industrials
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 22, 2024
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Clean Harbors, Inc. (the "Company") held its 2024 annual meeting of shareholders on Wednesday, May 22, 2024, at which the Company's shareholders voted to, among other things, approve the Clean Harbors Employee Stock Purchase Plan (the "ESPP").
The ESPP provides a means for eligible employees of the Company to authorize after-tax payroll deductions on a voluntary basis to be used for the periodic purchase of the Company's common stock at a 10% discount to its fair market value. The purchase price paid by the employees will be 90% of the lower of the closing price of the Company's common stock on (i) the first trading day of the offering period or (ii) the last trading day of the offering period. The maximum aggregate number of shares of the Company's common stock that may be purchased through ESPP is 500,000 shares. Other principal features of the ESPP are described under Proposal No. 3, “Approval of Clean Harbors Employee Stock Purchase Plan,” in the Company's Definitive Proxy Statement on Schedule 14A for the Annual Meeting filed by the Company with the Securities and Exchange Commission on April 10, 2024 (the “2024 Proxy Statement”). The foregoing description of the ESPP does not purport to be complete and is qualified in its entirety by reference to the full text of the ESPP, which is filed as Exhibit 10.66 to this Current Report on Form 8-K and is incorporated by reference herein.
Item 5.07. Submission of Matters to a Vote of Security Holders.
The Company held its annual meeting of shareholders on Wednesday, May 22, 2024 , at which the following matters were submitted to a vote of the shareholders. Each of the matters was described in the Company’s 2024 Proxy Statement. The votes as to each such matter were as follows:
(1) Election of the four persons named below as Class II members of the Board of Directors of the Company to serve until the 2027 annual meeting of shareholders and until their respective successors are duly elected and qualified:
For | Withheld | Broker Non-Votes | ||||||||||||||||||
| Alan S. McKim | 46,238,164 | 2,043,621 | 1,750,484 | |||||||||||||||||
| Karyn Polito | 47,421,493 | 860,292 | 1,750,484 | |||||||||||||||||
| John T. Preston | 44,010,402 | 4,271,383 | 1,750,484 | |||||||||||||||||
| Marcy L. Reed | 47,215,306 | 1,066,479 | 1,750,484 | |||||||||||||||||
(2) Approval, on a non-binding, advisory basis, of the compensation of the Company’s named executive officers as described in the 2024 Proxy Statement.
For | Against | Abstain | Broker Non-Votes | |||||||||||||||||
| 45,905,542 | 2,345,660 | 30,583 | 1,750,484 | |||||||||||||||||
(3) Approval of Clean Harbors Employee Stock Purchase Plan.
For | Against | Abstain | Broker Non-Votes | |||||||||||||||||
| 48,237,717 | 29,916 | 14,152 | 1,750,484 | |||||||||||||||||
(4) Ratification of the selection by the Audit Committee of the Company’s Board of Directors of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the current fiscal year.
For | Against | Abstain | Broker Non-Votes | |||||||||||||||||
| 49,493,234 | 512,155 | 26,880 | — | |||||||||||||||||
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Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
| Exhibit Number | Description | ||||
| 10.66* | |||||
| 104 | The cover page to this Current Report on Form 8-K, formatted in iXBRL (Inline eXtensible Business Reporting Language) | ||||
* Compensatory plan or arrangement
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SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Clean Harbors, Inc. | |||||
| (Registrant) | |||||
| May 23, 2024 | /s/ Eric J. Dugas | ||||
| Executive Vice President and Chief Financial Officer | |||||
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