SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) May 17, 2017
Exact Name of Registrant as Specified in its Charter; State of
Incorporation; Address of Principal Executive Offices; and
(a Minnesota corporation)
414 Nicollet Mall
Minneapolis, Minnesota 55401
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 (see General Instruction A.2. below):
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))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company £
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. £
Item 5.07. Submission of Matters to a Vote of Security Holders.
Xcel Energy Inc. (the Company) held its 2017 annual meeting of shareholders on May 17, 2017. At the meeting shareholders:
elected all 12 directors nominated by the Board of Directors;
approved, on an advisory basis, the frequency of advisory vote on executive compensation to be every year;
approved, on an advisory basis, the Company’s executive compensation as set forth in the 2017 proxy statement;
ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2017; and
did not approve a shareholder proposal presented at the meeting on the separation of the roles of Chairman and Chief Executive Officer.
Set forth below are the final voting results for each of the proposals.
Proposal 1 — Election of Directors
Gail K. Boudreaux
Richard K. Davis
Richard T. O’Brien
Christopher J. Policinski
James T. Prokopanko
A. Patricia Sampson
James J. Sheppard
David A. Westerlund
Timothy V. Wolf
Proposal 2 — Advisory vote on frequency of advisory vote on executive compensation.
Proposal 3 — Advisory vote on executive compensation.
Proposal 4 - Proposal to ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for 2017.
Proposal 5 — Shareholder proposal on the separation of the role of the Chairman and Chief Executive Officer.
As shown above, the Company’s shareholders voted, in an advisory, non-binding vote, in favor of having a shareholder vote to approve the compensation of the Company's named executive officers every year. Based on these results and consistent with the previous recommendation and determination of Xcel Energy’s Board of Directors, Xcel Energy will hold non-binding advisory votes on executive compensation on an annual basis until the next vote on the frequency of shareholder votes on executive compensation.
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 19, 2017
Xcel Energy Inc.
(a Minnesota corporation)
/s/ Judy M. Poferl
Judy M. Poferl
Senior Vice President, Corporate Secretary and Executive Services