8-K
HA Sustainable Infrastructure Capital, Inc. (HASI)
United States
Securities and Exchange Commission
WASHINGTON, DC 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 7, 2023
Hannon Armstrong Sustainable Infrastructure Capital, Inc.
(Exact Name of Registrant as Specified In Its Charter)
| Maryland | 001-35877 | 46-1347456 |
|---|---|---|
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
One Park Place, Suite 200 Annapolis,
Maryland 21401
(Address of principal executive offices)
(410) 571-9860
(Registrant's telephone number, including area code)
(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)) |
Securities registered pursuant to Section 12(b) of the Exchange Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Common Stock, $0.01 par value per share | HASI | New York Stock Exchange |
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 Securities Holders. |
|---|
(a)The Annual Meeting of Stockholders (the “Annual Meeting”) of the Company was held on June 7, 2023, at which 80,978,728 shares of the Company’s common stock were represented in person or by proxy representing approximately 88.2% of the issued and outstanding shares of the Company’s common stock entitled to vote.
(b)At the Annual Meeting, the Company’s stockholders (i) elected the eleven directors below to serve on the Company’s board of directors until the Company’s 2024 annual meeting of stockholders and until their respective successors are duly elected and qualify, (ii) ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023, (iii) approved the compensation of the named executive officers as described in the Compensation Discussion and Analysis, the compensation tables and other narrative disclosure in the 2023 Proxy Statement, and (iv) approved holding the advisory vote on the compensation of the Company's named executive officers with a frequency of every year. The proposals are described in detail in the Company’s 2023 Proxy Statement. The final results for the votes regarding each proposal are set forth below.
(i)The voting results with respect to the election of each director were as follows:
| Name | Votes For | Votes Withheld | Broker Non-Votes |
|---|---|---|---|
| Jeffrey W. Eckel | 67,441,703 | 4,124,319 | 9,412,706 |
| Lizabeth A. Ardisana | 71,058,076 | 507,946 | 9,412,706 |
| Clarence D. Armbrister | 69,456,332 | 2,109,690 | 9,412,706 |
| Teresa M. Brenner | 68,733,141 | 2,832,881 | 9,412,706 |
| Michael T. Eckhart | 69,067,904 | 2,498,118 | 9,412,706 |
| Nancy C. Floyd | 71,151,218 | 414,804 | 9,412,706 |
| Jeffrey A. Lipson | 70,962,671 | 603,351 | 9,412,706 |
| Charles M. O'Neil | 69,109,429 | 2,456,593 | 9,412,706 |
| Richard J. Osborne | 70,250,667 | 1,315,355 | 9,412,706 |
| Steven G. Osgood | 70,091,688 | 1,474,334 | 9,412,706 |
| Kimberly A. Reed | 71,271,426 | 294,596 | 9,412,706 |
(ii)The voting results with respect to the ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 were as follows:
| Votes For | Votes Against | Abstain |
|---|---|---|
| 74,104,745 | 6,788,862 | 85,121 |
(iii)The voting results with respect to a non-binding advisory vote on executive compensation were as follows:
| Votes For | Votes Against | Abstain | Broker Non-Votes |
|---|---|---|---|
| 61,260,385 | 9,170,277 | 1,135,360 | 9,412,706 |
(iv)The voting results with respect to a non-binding advisory vote regarding how frequently we should seek an advisory vote on the compensation of our Named Executive Officers:
| Every year | Every two years | Every three years | Abstain |
|---|---|---|---|
| 71,238,601 | 70,149 | 162,045 | 95,227 |
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.
| HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE CAPITAL, INC. | |
|---|---|
| By: | /s/ Steven L. Chuslo |
| Steven L. Chuslo | |
| Executive Vice President and Chief Legal Counsel |
Date: June 7, 2023