Navient Corp 8-K, filed Jun 7, 2022
Navient Corp (NAVI)
About this 8-K
Navient Corp filed this 8-K on June 7, 2022.
Items reported
- Item 5.07: Shareholder vote results
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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ITEM 5.07 Submission of Matters to a Vote of Security Holders
On June 2, 2022, Navient held its 2022 Annual Meeting of Shareholders (the “Annual Meeting”). As of the close of business on April 14, 2022, the record date for the Annual Meeting, 147,890,491 shares of common stock, par value $.01 per share, were outstanding and entitled to vote. At the Annual Meeting, 137,455,32, shares, or approximately 92.9%, of the outstanding shares of common stock entitled to vote were represented in person or by proxy. At the Annual Meeting, the following proposals were submitted to a vote of the Company’s shareholders, with the voting results indicated below:
Proposal 1 – Election of Directors. The Company’s shareholders elected the following 10 directors to hold office until the 2023 Annual Meeting of Shareholders and until their successors have been duly elected or appointed:
For | Against | Abstain | Broker Non-Votes | |||||
Frederick Arnold |
| 111,253,992 |
| 13,921,372 |
| 79,098 |
| 12,200,859 |
Edward J. Bramson |
| 124,572,787 |
| 600,599 |
| 81,076 |
| 12,200,859 |
Anna Escobedo Cabral |
| 111,696,564 |
| 13,484,526 |
| 73,372 |
| 12,200,859 |
Larry A. Klane |
| 111,674,127 |
| 13,501,697 |
| 78,638 |
| 12,200,859 |
Michael A. Lawson |
| 114,790,393 |
| 10,384,883 |
| 79,186 |
| 12,200,859 |
Linda A. Mills |
| 111,562,990 |
| 13,631,228 |
| 60,244 |
| 12,200,859 |
John F. Remondi |
| 111,696,596 |
| 13,495,326 |
| 62,540 |
| 12,200,859 |
Jane J. Thompson |
| 111,336,860 |
| 13,845,206 |
| 72,396 |
| 12,200,859 |
Laura S. Unger |
| 106,062,424 |
| 19,117,835 |
| 74,203 |
| 12,200,859 |
David L. Yowan | 111,696,681 |
| 13,478,531 |
| 79,250 |
| 12,200,859 |
Proposal 2 – Ratification of the Appointment of KPMG LLP. The Company’s shareholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2022, as follows:
For |
| Against |
| Abstain |
133,980,736 |
| 3,379,475 |
| 95,110 |
Proposal 3 – Advisory Vote on Executive Compensation. The Company’s shareholders approved, by an advisory vote, the compensation of its named executive officers, as follows:
For |
| Against |
| Abstain |
| Broker Non-Votes |
123,346,550 |
| 1,660,045 |
| 247,867 |
| 12,200,859 |
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.
| NAVIENT CORPORATION | |||
Date: June 7, 2022 | By: | /s/ Mark L. Heleen | ||
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| Mark L. Heleen | ||
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| Chief Legal Officer | ||