Jefferies Financial Group Inc 8-K, filed Mar 31, 2021
Jefferies Financial Group Inc. (JEF)
About this 8-K
Jefferies Financial Group Inc filed this 8-K on March 31, 2021, reporting on events of March 25, 2021.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 5.07: Shareholder vote results
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(e) As noted below under Item 5.07, on March 25, 2021, at our Annual Meeting of Shareholders our shareholders approved the, Jefferies Financial Group Inc. Equity Compensation Plan (the “Plan”) to replace our 2003 Incentive Compensation Plan and our 1999 Directors’ Stock Compensation Plan. The material terms of the Plan are summarized on pages 55 through 60 of our definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on February 12, 2021 (the “Proxy Statement”), which description is incorporated by reference herein. This description of the Plan is qualified in its entirety by reference to the actual terms of the Plan, which are set forth in Appendix A to the Proxy Statement.
| Item 5.07. | Submission of Matters to a Vote of Security Holders |
We held our Annual Meeting of Shareholders on March 25, 2021.
Our incumbent directors were re-elected to our Board of Directors and received the following votes:
| Number of Shares | ||||||||||||||||
| For | Against | Abstain | Broker Non-Votes | |||||||||||||
| Linda L. Adamany |
188,299,193 | 3,581,097 | 167,860 | 21,711,679 | ||||||||||||
| Barry J. Alperin |
180,572,391 | 11,303,531 | 172,228 | 21,711,679 | ||||||||||||
| Robert D. Beyer |
179,148,061 | 12,726,590 | 173,499 | 21,711,679 | ||||||||||||
| Francisco L. Borges |
185,713,139 | 6,094,940 | 240,071 | 21,711,679 | ||||||||||||
| Brian P. Friedman |
186,056,032 | 5,835,986 | 156,132 | 21,711,679 | ||||||||||||
| MaryAnne Gilmartin |
188,288,273 | 3,588,874 | 171,003 | 21,711,679 | ||||||||||||
| Richard B. Handler |
189,690,404 | 2,039,230 | 318,516 | 21,711,679 | ||||||||||||
| Jacob M. Katz |
190,568,922 | 1,307,727 | 171,501 | 21,711,679 | ||||||||||||
| Michael T. O’Kane |
180,719,007 | 11,165,553 | 163,590 | 21,711,679 | ||||||||||||
| Joseph S. Steinberg |
185,819,536 | 6,076,170 | 152,444 | 21,711,679 | ||||||||||||
Our shareholders approved our advisory vote on executive compensation. Voting results were as follows:
| Number of Shares | ||||
| For |
105,873,904 | |||
| Against |
85,728,725 | |||
| Abstain |
445,521 | |||
| Broker Non-Votes |
21,711,679 | |||
Our shareholders approved our equity compensation plan. Voting results were as follows:
| Number of Shares | ||||
| For |
183,076,481 | |||
| Against |
8,542,569 | |||
| Abstain |
429,100 | |||
| Broker Non-Votes |
21,711,679 | |||
Our shareholders ratified the selection of Deloitte & Touche LLP as our independent auditors for the fiscal year ending November 30, 2021. Voting results were as follows:
| Number of Shares | ||||
| For |
213,294,688 | |||
| Against |
227,731 | |||
| Abstain |
237,410 | |||
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.
| JEFFERIES FINANCIAL GROUP INC. | ||||||
| Date: March 31, 2021 | /s/ Justin DeSpirito | |||||
| Justin DeSpirito Senior Vice President and Assistant General Counsel | ||||||