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 2, 2012

 

 

SUNRISE SENIOR LIVING, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   1-16499   54-1746596
(State or other jurisdiction
of incorporation or organization)
 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

7900 Westpark Drive

McLean, Virginia 22102

(Address of principal executive offices) (Zip Code)

(703) 273-7500

(Registrant’s telephone number, including area code)

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:

 

¨ 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 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

At the 2012 Annual Meeting of Stockholders (the “2012 Annual Meeting”) of Sunrise Senior Living, Inc. (the “Company”) held on May 2, 2012, the Company’s stockholders approved a 3,000,000 share increase in the shares available for issuance under the Company’s 2008 Omnibus Incentive Plan, as amended (the “2008 Plan”), and re-approved the material terms relating to performance-based compensation. For information regarding the 2008 Plan, as amended, and 2012-2014 performance units and restricted stock units granted to the Company’s named executive officers, please refer to the Company’s definitive proxy statement for its 2012 Annual Meeting as filed with the SEC on March 23, 2012.

Item 5.07. Submission of Matters to a Vote of Security Holders.

On May 2, 2012, the Company held its 2012 Annual Meeting. The matters considered and voted upon at the 2012 Annual Meeting consisted of:

 

   

The election of seven directors for one-year terms expiring at the 2013 annual meeting;

 

   

Approval of a 3,000,000 share increase in the shares available for issuance under the 2008 Plan and re-approval of the material terms relating to performance-based compensation;

 

   

Ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for its fiscal year ending December 31, 2012;

 

   

An advisory vote to approve executive compensation; and

 

   

A stockholder proposal regarding reports on political contributions.

There were a total of 57,799,698 shares of Company common stock outstanding on March 9, 2012, the voting record date for the 2012 Annual Meeting. Of these, 51,233,130 shares were present in person or by proxy at the 2012 Annual Meeting, which constituted a quorum. Each of the nominees for election as a director was elected and each of the other matters voted on at the 2012 Annual Meeting was approved except for the stockholder proposal.


The final number of votes cast for, against or withheld, as well as the number of abstentions and broker non-votes, with respect to each matter, as applicable, are set forth below.

 

1. Election of Directors                            

Director

   For      Withheld      Broker
Non-Votes
        

Glyn F. Aeppel

     38,471,784         411,723         12,349,623      

Thomas J. Donohue

     38,278,281         605,226         12,349,623      

Stephen D. Harlan

     38,495,519         387,988         12,349,623      

Paul J. Klaassen

     37,993,677         889,830         12,349,623      

Lynn Krominga

     38,500,658         382,849         12,349,623      

William G. Little

     38,435,107         448,400         12,349,623      

Mark S. Ordan

     38,321,191         562,316         12,349,623      
     For      Against      Abstentions      Broker
Non-Votes
 

2. Approval of 3,000,000 Share Increase in the Shares Available for Issuance under the 2008 Plan and Re-Approval of the Material Terms Relating to Performance-Based Compensation

     33,043,013         5,788,671         51,822         12,349,623   
     For      Against      Abstentions         

3. Ratification of the Appointment of Ernst & Young LLP

     50,446,880         483,472         302,778      
     For      Against      Abstentions      Broker
Non-Votes
 

4. Advisory Vote to Approve Executive Compensation

     35,211,856         444,346         3,227,304         12,349,623   
     For      Against      Abstentions      Broker
Non-Votes
 

5. Stockholder Proposal Regarding Reports on Political Contributions

     3,869,398         26,181,530         8,832,578         12,349,623   


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 thereunto duly authorized.

 

    SUNRISE SENIOR LIVING, INC.
Date: May 3, 2012     By:  

/s/ Mark S. Ordan

      Name:   Mark S. Ordan
      Title:   Chief Executive Officer