Attached files
| file | filename |
|---|---|
| EX-10.1 - EXHIBIT 10.1 - SERVICE CORP INTERNATIONAL | exhibit101amendmentoneto8-k.htm |
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 12, 2015 |
Service Corporation International |
(Exact name of registrant as specified in its charter) |
Texas | 1-6402-1 | 74-1488375 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
1929 Allen Parkway Houston, Texas | 77019 |
(Address of principal executive offices) | (Zip Code) |
Registrant's telephone number, including area code (713) 522-5141 |
(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 240.13a-4(c)) |
Item 1.01. Entry into a Material Definitive Agreement.
On May 12, 2015, the Board of Directors of Service Corporation International (NYSE: SCI -“SCI”) adopted Amendment One to the SCI Amended and Restated Director Fee Plan (the “Amendment”), thereby changing the terms of the Plan to permit deferral elections to be made by newly appointed directors. A copy of the Amendment is attached to this current report as Exhibit 10.1 and is incorporated herein by reference.
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Item 5.07 Submission of Matters to a Vote of Security Holders
On May 13, 2015, SCI held an annual meeting of shareholders and the shareholders voted on five proposals as set forth below.
Proposal 1: Election of Directors.
The shareholders cast their votes as follows and elected five directors.
Votes | Votes Against/ | Broker | ||||||
Nominee | For | Withheld | Abstentions | Non-Votes | ||||
Anthony L. Coelho | 156,003,844 | 14,786,667 | 0 | 17,886,608 | ||||
Ellen Ochoa | 167,816,799 | 2,973,712 | 0 | 17,886,608 | ||||
R. L. Waltrip | 167,411,989 | 3,378,522 | 0 | 17,886,608 | ||||
Marcus A. Watts | 156,411,696 | 14,378,815 | 0 | 17,886,608 | ||||
Edward E. Williams | 163,183,405 | 7,607,106 | 0 | 17,886,608 | ||||
Proposal 2: Approval of the selection of PricewaterhouseCoopers LLP as the Company's registered public accounting firm for fiscal 2015.
The shareholders approved the proposal by casting their votes as follows.
Votes For 186,650,931 | Votes Against 1,378,455 | Abstentions 647,733 | Broker Non-Votes 0 |
Proposal 3: Advisory Vote to Approve Named Executive Officer Compensation.
The shareholders approved the proposal by casting their votes as follows.
Votes For 127,505,766 | Votes Against 42,212,048 | Abstentions 1,072,697 | Broker Non-Votes 17,886,608 |
Proposal 4: Proposal to Declassify the Board of Directors.
The shareholders cast their votes as follows. Under SCI’s articles of incorporation and bylaws, the proposal failed because it did not receive the affirmative vote of the holders of 80% of SCI’s outstanding common stock.
Votes For 163,621,609 | Votes Against 2,199,420 | Abstentions 4,969,482 | Broker Non-Votes 17,886,608 |
Proposal 5: Shareholder Proposal Regarding a Senior Executive Stock Retention Requirement.
The shareholders cast their votes as follows. The proposal failed because a majority of the shares were voted against the proposal.
Votes For 46,354,081 | Votes Against 123,397,481 | Abstentions 1,038,949 | Broker Non-Votes 17,886,608 |
Item 9.01. Financial Statements and Exhibits.
(d) The following exhibits are included with this report:
Exhibit No. Description
10.1 | Amendment One to the Service Corporation International Amended and Restated Director Fee Plan. |
______________________________________________________________________________________________________
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.
May 18, 2015 | Service Corporation International | ||
By: | /s/ Gregory T. Sangalis | ||
Gregory T. Sangalis | |||
Senior Vice President General Counsel and Secretary | |||
EXHIBITS
Exhibit No. Description
10.1 | Amendment One to the Service Corporation International Amended and Restated Director Fee Plan. |