Planet Fitness Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits
$PLNT
Hotels/Resorts
Consumer Discretionary
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)
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||||||||
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Registrant’s telephone number, including area code: (603 ) 750-0001
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:
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Securities registered pursuant to Section 12(b) of the Exchange Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
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| Item 5.07 | Submission of Matters to a Vote of Security Holders. | ||||
The Company's 2024 annual meeting of stockholders (the "Annual Meeting") was held on April 30, 2024. A total of 81,071,553 shares were present or represented by proxy at the meeting, representing approximately 91.95% of all shares entitled to vote at the Annual Meeting. The stockholders voted on the matters presented at the Annual Meeting, and the shares present, in person or by proxy, were voted as follows:
| 1 | Election of Directors | ||||
Proposal one was the election of two nominees to serve as directors of the Company, each for a term of three years. The results of the vote were as follows:
| Nominee | Votes For | Votes Withheld | Broker Non-Votes | |||||||||||||||||
| Bernard Acoca | 58,670,968 | 20,040,388 | 2,360,197 | |||||||||||||||||
| Frances Rathke | 75,107,266 | 3,604,130 | 2,360,197 | |||||||||||||||||
Pursuant to the foregoing votes, the two nominees listed above were elected to serve on the Company’s Board of Directors. There were no additional director nominations brought before the meeting.
| 2 | Ratification of the Company’s Independent Registered Public Accounting Firm | ||||
Proposal two was the ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024. The results of the vote were as follows:
| For | Against | Abstain | Broker Non-Vote | |||||||||||||||||
| 79,399,299 | 1,648,605 | 23,649 | 0 | |||||||||||||||||
Pursuant to the foregoing vote, the ratification of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024 was approved.
| 3 | Advisory Vote on Named Executive Officer Compensation | ||||
Proposal three was the approval, on an advisory basis, of the Company’s named executive officer compensation. The results of the vote were as follows:
| For | Against | Abstain | Broker Non-Vote | |||||||||||||||||
| 73,911,350 | 4,771,817 | 28,189 | 2,360,197 | |||||||||||||||||
Pursuant to the foregoing vote, the stockholders adopted a non-binding resolution indicating their approval of the Company’s named executive officer compensation.
| 4 | Frequency of the Advisory Vote on Named Executive Officer Compensation | ||||
Proposal four was the approval of the frequency of the vote to approve, on an advisory basis, of the Company’s named executive officer compensation. The results of the vote were as follows:
| 1 Year | 2 Years | 3 Years | Broker Non-Vote | |||||||||||||||||
| 77,629,216 | 4,292 | 1,052,679 | 2,360,197 | |||||||||||||||||
As a result of the foregoing vote, the Board of Directors of the Company has determined that the Company will conduct an advisory stockholder vote on the Company's named executive officer compensation every one year.
| Item 9.01 | Financial Statements and Exhibits. | ||||
(d) Exhibits.
| Exhibit No. | Exhibit Description | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
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 hereunto duly authorized.
| PLANET FITNESS, INC. | ||||||||
| By: | /s/ Thomas Fitzgerald | |||||||
| Name: Title: | Thomas Fitzgerald Chief Financial Officer | |||||||
Dated: May 6, 2024