8-K

 

 

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): April 24, 2018

 

 

WELLS FARGO & COMPANY

(Exact Name of Registrant as Specified in Its Charter)

 

 

 

Delaware   001-2979   No. 41-0449260

(State or other jurisdiction

of incorporation)

 

(Commission File

Number)

 

(IRS Employer

Identification No.)

420 Montgomery Street, San Francisco, California 94104

(Address of Principal Executive Offices) (Zip Code)

1-866-249-3302

(Registrant’s Telephone Number, Including Area Code)

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 (17 CFR 230.405) or Rule 12b-2 of the Exchange Act (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

Wells Fargo & Company (the “Company”) held its annual meeting of shareholders on April 24, 2018. At the meeting, shareholders elected all 12 of the directors nominated by the Board of Directors as each director received a greater number of votes cast “for” his or her election than votes cast “against” his or her election as reflected below. In addition, shareholders approved, on an advisory basis, the compensation of the Company’s named executives as disclosed in the Company’s 2018 proxy statement; and ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for 2018. The shareholders did not approve the three shareholder proposals presented at the meeting. The final voting results for each item presented at the meeting are set forth below.

Election of Director Nominees

 

DIRECTOR  

FOR      

     %1          

AGAINST      

   

ABSTENTIONS      

   

 

BROKER      

NON-VOTES      

 
           

John D. Baker II

    3,517,007,612        89.91     394,562,755       15,859,495       452,720,173  
           

Celeste A. Clark

    3,869,385,671        98.90     42,905,078       15,139,113       452,720,173  
           

Theodore F. Craver, Jr.    

    3,867,601,279        98.89     43,483,993       16,344,590       452,720,173  
           

Elizabeth A. Duke

    3,806,611,128        97.28     106,408,704       14,410,030       452,720,173  
           

Donald M. James

    3,709,547,031        94.90     199,199,072       18,683,000       452,720,932  
           

Maria R. Morris

    3,866,808,522        98.85     44,891,214       15,729,367       452,720,932  
           

Karen B. Peetz

    3,865,905,535        98.81     46,451,473       15,072,096       452,720,932  
           

Juan A. Pujadas

    3,868,085,210        98.88     43,679,795       15,664,858       452,720,173  
           

James H. Quigley

    3,758,997,471        96.11     152,331,374       16,101,017       452,720,173  
           

Ronald L. Sargent

    3,858,219,425        98.64     53,072,308       16,137,370       452,720,932  

 

 

  1  Votes cast for the director nominee as a percentage of total votes cast for and against.

 

2


           

Timothy J. Sloan

    3,840,362,956        98.15     72,192,797       14,874,109       452,720,173  
           

Suzanne M. Vautrinot

    3,796,942,746        97.05     115,261,157       15,225,960       452,720,173  

Advisory Resolution to Approve Executive Compensation

 

FOR    % 2    AGAINST    ABSTENTIONS   

 

BROKER

NON-VOTES

         

3,630,193,113  

   92.43%      276,712,854      20,518,209      452,725,859  

Ratify the Appointment of KPMG LLP as Independent Registered Public Accounting Firm for 2018

 

FOR    % 2    AGAINST    ABSTENTIONS   

 

BROKER

NON-VOTES

         

3,989,378,612  

   91.08%      377,680,587      13,090,836      0  

Shareholder Proposal – Special Shareowner Meetings

 

FOR    % 2    AGAINST    ABSTENTIONS   

 

BROKER

NON-VOTES

         

1,416,743,952  

   36.07%      2,484,501,667      26,184,243      452,720,173  

Shareholder Proposal – Reform Executive Compensation Policy with Social Responsibility

 

FOR    % 2    AGAINST    ABSTENTIONS   

 

BROKER

NON-VOTES

         

235,147,773  

   5.99%      3,661,342,897      30,933,936      452,725,430  

Shareholder Proposal – Report on Incentive Compensation and Risks of Material Losses

 

FOR    % 2    AGAINST    ABSTENTIONS   

 

BROKER

NON-VOTES

         

853,326,406  

   21.73%      3,041,380,016      32,719,592      452,724,021  

 

 

  2  Votes cast for the proposal as a percentage of total votes cast for and against and abstentions.

 

3


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.

 

    WELLS FARGO & COMPANY
DATED: April 26, 2018     By:  

    /s/ Anthony R. Augliera

      Anthony R. Augliera
      Executive Vice President and Corporate Secretary

 

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