Park Hotels & Resorts Inc 8-K, filed Apr 28, 2022
Park Hotels & Resorts Inc. (PK)
About this 8-K
Park Hotels & Resorts Inc filed this 8-K on April 28, 2022, reporting on events of April 27, 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 April 27, 2022, Park Hotels & Resorts Inc. (the “Company”) held its 2022 annual meeting of stockholders (the “Annual Meeting”). Stockholders voted as set forth below on the proposals presented for a vote. Each such proposal is described in more detail in the Company’s Definitive Proxy Statement on Schedule 14A, as filed with the Securities and Exchange Commission on March 16, 2022.
Proposal 1. Election of Directors
The Company’s stockholders elected the nine persons listed below to serve as directors until the 2023 annual meeting of stockholders and until their successors have been duly elected and qualify, based upon the following votes:
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For |
Against |
Abstain |
Broker Non-Votes |
Thomas J. Baltimore, Jr.
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165,376,112 |
23,634,027 |
3,119,803 |
15,674,041 |
Patricia M. Bedient
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187,854,365 |
4,194,717 |
80,860 |
15,674,041 |
Thomas D. Eckert
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187,542,472 |
4,480,838 |
106,632 |
15,674,041 |
Geoffrey M. Garrett
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189,997,452 |
1,313,640 |
818,850 |
15,674,041 |
Christie B. Kelly
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184,038,533 |
8,008,413 |
82,996 |
15,674,041 |
Sen. Joseph I. Lieberman
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186,432,378 |
4,868,617 |
828,947 |
15,674,041 |
Thomas A. Natelli
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187,393,630 |
4,654,566 |
81,746 |
15,674,041 |
Timothy J. Naughton
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179,617,088 |
12,429,308 |
83,546 |
15,674,041 |
Stephen I. Sadove
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173,429,072 |
18,622,163 |
78,707 |
15,674,041 |
Proposal 2. Advisory Vote to Approve Compensation of Named Executive Officers
The Company’s stockholders approved, on an advisory (non-binding) basis, the compensation of the Company’s named executive officers based upon the following votes:
For |
Against |
Abstain |
Broker Non-Votes |
159,711,177 |
32,251,262 |
167,503 |
15,674,041 |
Proposal 3. Ratification of the Appointment of Ernst & Young LLP
The Company’s stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2022 based upon the following votes:
For |
Against |
Abstain |
Broker Non-Votes |
207,300,762 |
413,500 |
89,721 |
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Proposal 4. Stockholder Proposal Regarding Equity Retention by Named Executive Officers
The Company’s stockholders did not approve a stockholder proposal regarding equity retention by named executive officers based upon the following votes:
For |
Against |
Abstain |
Broker Non-Votes |
53,056,972 |
138,313,715 |
759,255 |
15,674,041 |
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 thereunto duly authorized.
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Park Hotels & Resorts Inc. |
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Date: April 28, 2022 |
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By: |
/s/ Sean M. Dell’Orto |
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Sean M. Dell’Orto |
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Executive Vice President, Chief Financial Officer and Treasurer |