Materion Corporation filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
$MTRN
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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 9, 2024
| (Exact name of registrant as specified in its charter) | ||||||||||||||
| (State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||
| (Address of principal executive offices) | (Zip Code) | |||||||
Registrant's telephone number, including area code (216 ) 486-4200
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:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
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 (§204.12b-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 revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐
Item 5.07 Submission of Matters to a Vote of Security Holders.
On May 9, 2024, Materion Corporation (the "Company") held its 2024 Annual Meeting of Shareholders (the "Annual Meeting"). Set forth below are the proposals voted upon at the Annual Meeting and the final voting results.
As of the record date of the Annual Meeting, there were 20,730,895 common shares outstanding and entitled to vote on each matter presented for vote at the Annual Meeting. At the Annual Meeting, 19,694,681 common shares, or approximately 95% of the outstanding common shares entitled to vote, were represented in person or by proxy. Those common shares were voted as follows:
(1) Election of Directors.
The following individuals were nominated in 2024 to serve as directors until 2025. All nominees were elected. The results were as follows:
| Director | For | Withhold | Broker Non-Votes | ||||||||
| Vinod M. Khilnani | 15,930,288 | 2,991,817 | 772,576 | ||||||||
| Emily M. Liggett | 18,314,825 | 607,280 | 772,576 | ||||||||
| Robert J. Phillippy | 18,067,027 | 855,078 | 772,576 | ||||||||
| Patrick Prevost | 18,213,329 | 708,776 | 772,576 | ||||||||
| N. Mohan Reddy | 17,838,006 | 1,084,099 | 772,576 | ||||||||
| Craig S. Shular | 17,784,748 | 1,137,357 | 772,576 | ||||||||
| Darlene J. S. Solomon | 18,274,293 | 647,812 | 772,576 | ||||||||
| Robert B. Toth | 18,096,096 | 826,009 | 772,576 | ||||||||
| Jugal K. Vijayvargiya | 18,404,783 | 517,322 | 772,576 | ||||||||
(2) Ratification of the appointment of Ernst & Young LLP as the independent registered public accounting firm of the Company for the year 2024.
The proposal was ratified based on the following vote:
| For | 18,796,640 | ||||
| Against | 882,254 | ||||
| Abstentions | 15,787 | ||||
(3) Approval, on an advisory basis, of the compensation of the Company's named executive officers.
The Company's shareholders approved, on an advisory, non-binding basis the compensation of the Company's named executive officers.
| For | 17,921,463 | ||||
| Against | 973,482 | ||||
| Abstentions | 27,160 | ||||
| Broker Non-Votes | 772,576 | ||||
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.
| Materion Corporation | ||||||||
| May 10, 2024 | By: | /s/ Shelly M. Chadwick | ||||||
| Shelly M. Chadwick | ||||||||
| Vice President, Finance and Chief Financial Officer | ||||||||