SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 13, 2011
Waste Management, Inc.
(Exact Name of Registrant as Specified in Charter)
Delaware (State or Other Jurisdiction of Incorporation) |
1-12154 (Commission File Number) |
73-1309529 (IRS Employer Identification No.) |
1001 Fannin, Suite 4000 Houston, Texas (Address of Principal Executive Offices) |
77002 (Zip Code) |
Registrants Telephone number, including area code: (713) 512-6200
(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:
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
o | 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 the Annual Meeting of Waste Management, Inc. (the Company), a total of 426,423,629 shares
of the Companys common stock, out of a total of 475,145,633 shares of common stock outstanding and
entitled to vote, were present in person or represented by proxies. The proposals set forth below
were voted on by the Companys stockholders at the Annual Meeting, and each of proposals 1, 2, 3
and 5 were approved by the Companys stockholders.
1. | Election to the Companys Board of Directors of the following eight director nominees: |
Number of | Number of | Broker | ||||||||||||||
Name | Affirmative Votes | Negative Votes | Abstentions | Non-Votes | ||||||||||||
Pastora San Juan Cafferty |
360,212,056 | 5,118,198 | 1,489,500 | 59,603,875 | ||||||||||||
Frank M. Clark, Jr. |
364,743,567 | 592,711 | 1,483,476 | 59,603,875 | ||||||||||||
Patrick W. Gross |
317,779,361 | 47,470,648 | 1,569,745 | 59,603,875 | ||||||||||||
John C. Pope |
346,697,968 | 18,624,824 | 1,496,962 | 59,603,875 | ||||||||||||
W. Robert Reum |
364,633,227 | 698,609 | 1,487,918 | 59,603,875 | ||||||||||||
Steven G. Rothmeier |
361,160,504 | 4,172,401 | 1,486,849 | 59,603,875 | ||||||||||||
David P. Steiner |
356,202,286 | 9,057,237 | 1,560,231 | 59,603,875 | ||||||||||||
Thomas H. Weidemeyer |
364,679,398 | 660,501 | 1,479,855 | 59,603,875 |
2. | Ratification of the appointment of Ernst & Young LLP as the Companys independent registered public accounting firm for the fiscal year ending December 31, 2011: |
For
|
Against | Abstentions | ||
421,354,265 | 3,773,900 | 1,295,464 |
3. | Approval, by non-binding vote, of the Companys executive compensation as described in the Companys 2011 proxy statement: |
For | Against | Abstentions | Broker Non-Votes | |||
355,492,391 | 5,818,739 | 5,508,624 | 59,603,875 |
4. | Recommendation, by non-binding vote, of the frequency of executive compensation votes: |
1 Year | 2 Years | 3 Years | Abstentions | |||
274,670,363 | 3,798,548 | 85,533,212 | 2,817,631 |
In light of these results, the Companys Board of Directors has determined to hold the non-binding vote on executive compensation annually until the next stockholder vote on the frequency of such advisory vote. |
5. | Approval of a proposal to amend the Companys By-laws to allow stockholders who have held at least a 25% net long position in the Companys common stock for one year to call special stockholder meetings: |
For | Against | Abstentions | ||
420,707,449 | 3,892,011 | 1,824,169 |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused
this report to be signed on its behalf by the undersigned, hereunto duly authorized.
WASTE MANAGEMENT, INC. |
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Date: May 17, 2011 | By: | /s/ Rick L Wittenbraker | ||
Rick L Wittenbraker | ||||
Senior Vice President | ||||
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