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 5, 2015

Commission file number 001-11625

 

 

Pentair plc

(Exact name of Registrant as specified in its charter)

 

 

 

Ireland   98-1141328

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification number)

P.O. Box 471, Sharp Street, Walkden, Manchester, M28 8BU United Kingdom

(Address of principal executive offices, including Zip Code)

Registrant’s telephone number, including area code: +44-161-703-1885

 

 

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 5.07 Submission of Matters to a Vote of Security Holders.

Pentair plc (the “Company”) held its 2015 annual general meeting of shareholders on May 5, 2015. There were 179,773,760 ordinary shares issued and outstanding at the close of business on March 6, 2015 and entitled to vote at the annual general meeting. A total of 157,387,601 ordinary shares (87.54%) were represented at the annual general meeting.

The items voted upon at the annual general meeting and the results of the vote on each proposal were as follows:

Proposal 1. — Re-Election of Eleven Director Nominees

To re-elect eleven director nominees for one-year terms expiring at the 2016 annual general meeting of shareholders. Each nominee for director was re-elected by a vote of the shareholders as follows:

 

Nominees

   Votes For      Votes Against      Abstentions      Broker Non-Votes  

Glynis A. Bryan

     143,977,842         1,212,799         373,727         11,823,233   

Jerry W. Burris

     144,764,858         406,974         392,536         11,823,233   

Carol Anthony (John) Davidson

     144,329,661         847,637         387,070         11,823,233   

Jacques Esculier

     144,666,832         497,982         399,554         11,823,233   

T. Michael Glenn

     144,603,887         572,887         387,594         11,823,233   

David H. Y. Ho

     144,641,630         529,053         393,685         11,823,233   

Randall J. Hogan

     140,271,262         4,656,645         636,461         11,823,233   

David A. Jones

     144,240,858         927,601         395,909         11,823,233   

Ronald L. Merriman

     142,604,382         2,596,197         363,789         11,823,233   

William T. Monahan

     144,232,701         960,301         371,366         11,823,233   

Billie I. Williamson

     144,697,719         468,803         397,846         11,823,233   

Proposal 2. — Non-Binding Advisory Vote to Approve the Compensation of the Named Executive Officers

To approve, by non-binding advisory vote, the compensation of the Company’s named executive officers. The compensation of the Company’s named executive officers was approved, by non-binding advisory vote, by shareholders as follows:

 

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

132,444,776   12,267,396   852,196   11,823,233

Proposal 3. — Ratification, by Non-Binding Advisory Vote, of the Appointment of Deloitte & Touche LLP as the Independent Auditors of the Company and Authorization, by Binding Vote, of the Audit and Finance Committee to Set the Auditors’ Remuneration

To ratify, by non-binding advisory vote, the appointment of Deloitte & Touche LLP as the Company’s independent auditors for the year ending December 31, 2015 and to authorize, by binding vote, the Audit and Finance Committee of the Board of Directors to set the independent auditors’ remuneration. The proposal was approved by a vote of the shareholders as follows:

 

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

155,575,665   1,296,786   515,150   0

Proposal 4. — Authorize Holding the 2016 Annual General Meeting of Shareholders of the Company at a Location Outside of Ireland

To authorize holding the 2016 Annual General Meeting of Shareholders of the Company at a location outside of Ireland. The proposal was approved by a vote of the shareholders as follows:

 

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

156,011,051   599,844   776,706   0


Proposal 5. — Authorize the Price Range at Which the Company Can Reissue Shares It Holds as Treasury Shares Under Irish Law

To authorize the price range at which the Company can reissue shares it holds as treasury shares under Irish law. The proposal was approved by a vote of the shareholders as follows:

 

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

155,646,569   673,372   1,067,660   0


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, on May 5, 2015.

 

PENTAIR PLC
Registrant
By:

/s/ Angela D. Lageson

Angela D. Lageson
Senior Vice President, General Counsel and Secretary