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: May 19, 2022 (May 18, 2022)
(Date of earliest event reported)
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | |||||||||
(Principal Executive Office)
Telephone Number: (914 ) 641-2000
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:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 under the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 under 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.
On May 18, 2022, ITT Inc. (the “Company”) held its annual meeting of shareholders (the “Annual Meeting”). The following votes were taken at the Annual Meeting.
1. Election of Directors. At the Annual Meeting, the 9 nominees whose names are set forth below were elected as directors, constituting the entire Board of Directors, to serve until the 2023 annual meeting of shareholders or until their respective successors are duly elected and qualified. Relevant voting information for each person was as follows:
| FOR | AGAINST | ABSTENTIONS | BROKER NON-VOTES | |||||||||||
| Geraud Darnis | 75,877,672 | 191,353 | 55,962 | 3,520,745 | ||||||||||
| Donald DeFosset, Jr. | 75,223,937 | 847,802 | 53,248 | 3,520,745 | ||||||||||
| Nicholas C. Fanandakis | 75,913,029 | 155,332 | 56,626 | 3,520,745 | ||||||||||
| Richard P. Lavin | 75,372,884 | 655,893 | 96,210 | 3,520,745 | ||||||||||
| Rebecca A. McDonald | 75,539,913 | 533,207 | 51,867 | 3,520,745 | ||||||||||
| Timothy H. Powers | 75,519,644 | 548,807 | 56,536 | 3,520,745 | ||||||||||
| Luca Savi | 75,860,015 | 208,638 | 56,334 | 3,520,745 | ||||||||||
| Cheryl L. Shavers | 75,474,840 | 597,275 | 52,872 | 3,520,745 | ||||||||||
| Sabrina Soussan | 75,497,739 | 531,301 | 95,947 | 3,520,745 | ||||||||||
2. Ratification of Appointment of the Independent Registered Public Accounting Firm. The appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2022 was ratified by the following vote:78,712,644 shares for the proposal, 858,234 shares against the proposal, 74,854 shares abstaining and 3,520,745 broker non-votes.
3. Advisory Vote on 2021 Named Executive Officer Compensation. The proposal for approval, on an advisory basis, of the 2021 compensation of the Company’s named executive officers was approved by the following vote: 74,587,894 shares for the proposal, 1,426,701 shares against the proposal, 110,392 shares abstaining and 3,520,745 broker non-votes.
4. Shareholder Proposal Regarding Special Meetings of Shareholders. The shareholder proposal to amend the Company’s governing documents to lower the ownership threshold to call special meetings to 10% of the voting power of the outstanding capital stock of the Company was not approved by the following vote: 16,336,498 shares for the proposal, 59,681,195 shares against the proposal, 107,294 shares abstaining and 3,520,745 broker non-votes.
There were no other matters presented for a vote at the Annual Meeting.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | |||||||||||||||||||
| 104 | The cover page from this Current Report on Form 8-K, formatted in Inline XBRL | |||||||||||||||||||
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.
ITT Inc. | |||||||||||
(Registrant) | |||||||||||
| May 19, 2022 | By: | /s/ Mary E. Gustafsson | |||||||||
Name: | Mary E. Gustafsson | ||||||||||
Title: | Senior Vice President and General Counsel | ||||||||||
(Authorized Officer of Registrant) | |||||||||||