Attached files
file | filename |
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EX-10.11 - EX-10.11 - Brighthouse Financial, Inc. | d591162dex1011.htm |
EX-10.10 - EX-10.10 - Brighthouse Financial, Inc. | d591162dex1010.htm |
EX-10.9 - EX-10.9 - Brighthouse Financial, Inc. | d591162dex109.htm |
EX-10.8 - EX-10.8 - Brighthouse Financial, Inc. | d591162dex108.htm |
EX-10.7 - EX-10.7 - Brighthouse Financial, Inc. | d591162dex107.htm |
EX-10.6 - EX-10.6 - Brighthouse Financial, Inc. | d591162dex106.htm |
EX-10.5 - EX-10.5 - Brighthouse Financial, Inc. | d591162dex105.htm |
EX-10.4 - EX-10.4 - Brighthouse Financial, Inc. | d591162dex104.htm |
EX-10.3 - EX-10.3 - Brighthouse Financial, Inc. | d591162dex103.htm |
EX-10.2 - EX-10.2 - Brighthouse Financial, Inc. | d591162dex102.htm |
EX-10.1 - EX-10.1 - Brighthouse Financial, Inc. | d591162dex101.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 24, 2018 (May 23, 2018)
Brighthouse Financial, Inc.
(Exact name of registrant as specified in its charter)
Delaware | 001-37905 | 81-3846992 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
11225 North Community House Road Charlotte, North Carolina |
28277 | |
(Address of principal executive offices) | (Zip Code) |
Registrants telephone number, including area code: (980) 365-7100
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)) |
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.
On May 23, 2018, Brighthouse Financial, Inc. (the Company) held its Annual Meeting of Stockholders (the Annual Meeting). At the Annual Meeting, seven proposals were submitted to the Companys stockholders. The proposals are described in more detail in the Companys definitive proxy statement filed with the U.S. Securities and Exchange Commission (the SEC) on April 10, 2018, as supplemented by the proxy statement supplement filed with the SEC on May 8, 2018 (the 2018 Proxy Statement). The final voting results are as follows:
Proposal 1: The Companys stockholders elected the three Class I director nominees named in the Companys 2018 Proxy Statement to serve a two-year term expiring at the Companys 2020 Annual Meeting of Stockholders. The voting results are set forth below:
Director Nominee |
For |
Withhold |
Broker Non-Vote | |||
John D. McCallion |
86,850,319 | 2,609,333 | 7,675,000 | |||
Diane E. Offereins |
87,603,675 | 1,855,977 | 7,675,000 | |||
Patrick J. Shouvlin |
88,678,630 | 781,022 | 7,675,000 |
Proposal 2: The Companys stockholders ratified the appointment of Deloitte & Touche LLP as the Companys independent registered public accounting firm for fiscal year 2018. The voting results are set forth below:
For |
Against |
Abstain |
Broker Non-Vote | |||
96,434,313 |
430,196 | 270,143 | N/A |
Proposal 3: The Companys stockholders approved an advisory resolution approving the compensation of the Companys named executive officers (the Say-on-Pay vote). The voting results are set forth below:
For |
Against |
Abstain |
Broker Non-Vote | |||
87,142,872 |
1,701,067 | 615,713 | 7,675,000 |
Proposal 4: The Companys stockholders recommended, on an advisory basis, a one year frequency for future Say-on-Pay votes. There were 632,969 abstentions from voting and 7,675,000 broker non-votes on Proposal 4. The voting results are set forth below:
Frequency of Votes to Approve the Compensation Paid to Brighthouses NEOs |
For | |||
One year: |
87,469,115 | |||
Two years: |
94,748 | |||
Three years: |
1,262,820 |
After taking into consideration the foregoing voting results and the prior recommendation of the Companys board of directors for a one year frequency for future Say-on-Pay votes, the board of directors has determined that the Company will hold such future Say-on-Pay votes every year.
Proposal 5: The Companys stockholders approved the Brighthouse Financial, Inc. 2017 Stock and Incentive Compensation Plan (the Employee Plan): The voting results are set forth below:
For |
Against |
Abstain |
Broker Non-Vote | |||
85,160,737 |
3,661,678 | 637,237 | 7,675,000 |
The Employee Plan is filed as Exhibit 10.1 hereto. The forms of award agreement for performance share units, restricted stock units and non-qualified stock options granted under the Employee Plan, and the related supplement, are filed, respectively, as Exhibits 10.4, 10.5, 10.6 and 10.7 hereto. The form of award agreement for certain restricted stock units granted on August 9, 2017 (Founders Grants) under the Employee Plan, and the related supplement, are filed, respectively, as Exhibits 10.8 and 10.9 hereto.
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Proposal 6: The Companys stockholders approved the Brighthouse Financial, Inc. 2017 Non-Management Director Stock Compensation Plan (the Director Plan). The voting results are set forth below:
For |
Against |
Abstain |
Broker Non-Vote | |||
85,493,080 |
3,319,590 | 646,982 | 7,675,000 |
The Director Plan is filed as Exhibit 10.2 hereto. The form of award agreement for Founders Grants granted under the Director Plan, and the related supplement, are filed, respectively, as Exhibits 10.8 and 10.9 hereto. The form of award agreement for restricted stock units granted annually to independent directors under the Director Plan, and the related supplement, are filed, respectively, as Exhibits 10.10 and 10.11 hereto.
Proposal 7: The Companys stockholders approved the material terms of the performance goals under the Brighthouse Services, LLC Temporary Incentive Deferred Compensation Plan, as restated (the Temporary Plan). The voting results are set forth below:
For |
Against |
Abstain |
Broker Non-Vote | |||
87,581,460 |
1,192,150 | 686,042 | 7,675,000 |
The Temporary Plan is filed as Exhibit 10.3 hereto.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
# Denotes management contracts or compensation plans or arrangements
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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 hereunto duly authorized.
BRIGHTHOUSE FINANCIAL, INC. | ||
By: | /s/ D. Burt Arrington | |
Name: D. Burt Arrington | ||
Title: Corporate Secretary |
Date: May 24, 2018
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