Attached files

file filename
EX-99.1 - EX-99.1 - HELIOS TECHNOLOGIES, INC.snhy-ex991_6.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): June 5, 2017

 

 

SUN HYDRAULICS CORPORATION

(Exact name of registrant as specified in its charter)

 

 

Florida

0-21835

59-2754337

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

 

1500 West University Parkway, Sarasota, Florida

 

34243

(Address of principal executive offices)

 

(Zip Code)

Registrant’s telephone number, including area code: (941) 362-1200

 

 

(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 (see General Instructions A.2. below):

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))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

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

The Annual Meeting of Shareholders of the Company was held on June 5, 2017. At the meeting, the following actions were taken by the shareholders:

Douglas M. Britt was elected as a Director, to serve until the Annual Meeting in the year 2019. Christine L. Koski and Alexander Schuetz were elected as Directors, to serve until the Annual Meeting in the year 2020. All Directors serve until their respective successors are elected and qualified or until their earlier resignation, removal from office or death. The votes cast for and withheld were as follows:

  

 

Voted For

 

 

Withheld

 

 

Non Votes

 

Christine L. Koski

 

 

22,089,465

 

 

 

1,013,612

 

 

 

1,913,234

 

Alexander Schuetz

 

 

22,622,588

 

 

 

480,489

 

 

 

1,913,234

 

Douglas M. Britt

 

 

22,363,885

 

 

 

739,192

 

 

 

1,913,234

 

The ratification of the appointment of Grant Thornton, LLP as the independent registered public accounting firm to report upon the financial statements of the Company for the year ended December 30, 2017. The voting on the ratification was as follows:

For

 

 

23,338,133

 

Against

 

 

1,635,537

 

Abstain

 

 

42,641

 

The Advisory Vote on Executive Compensation was as follows:

For

 

 

17,926,712

 

Against

 

 

5,130,522

 

Abstain

 

 

45,843

 

Non Votes

 

 

1,913,234

 

The Advisory Vote on the Frequency of an Advisory Vote on Executive Compensation was as follows:

1 year

 

 

20,782,518

 

2 years

 

 

70,080

 

3 years

 

 

2,223,845

 

Abstain

 

 

26,634

 

Non Votes

 

 

1,913,234

 

As the Company’s Board of Directors recommended, and a majority of the votes cast approved, the Company will submit executive compensation to the shareholders on an annual basis until the issue of the frequency of such vote is again brought before the shareholders.


 

Item 8.01.Other Events

On June 8, 2017, the Registrant issued the press release attached hereto as Exhibit 99.1 announcing a $0.09 per share cash dividend on its common stock, payable on July 15, 2017, to shareholders of record as of June 30, 2017.

Item 9.01Financial Statements and Exhibits

(d)Exhibits

99.1   Press release dated June 8, 2017.



SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

 

SUN HYDRAULICS CORPORATION

 

 

 

 

Dated: June 8, 2017

 

By:

/s/ Tricia L. Fulton

 

 

 

Tricia L. Fulton

 

 

 

Chief Financial Officer (Principal Financial and Accounting Officer)