Sba Communications Corp 8-K, filed May 18, 2020
Sba Communications Corp (SBAC)
About this 8-K
Sba Communications Corp filed this 8-K on May 18, 2020, reporting on events of May 14, 2020.
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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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).
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Emerging growth company |
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| Item 5.07 | Submission of Matters to a Vote of Security Holders. |
On May 14, 2020, SBA Communications Corporation (the “Company”) held its 2020 Annual Meeting of Shareholders in a virtual format. At the 2020 Annual Meeting of Shareholders, the shareholders voted on (i) the election of three director nominees (Proposal 1), (ii) the ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the 2020 fiscal year (Proposal 2), (iii) the approval, on an advisory basis, of the compensation of the Company’s named executive officers (Proposal 3) and (iv) the approval of the Company’s 2020 Performance and Equity Incentive Plan (Proposal 4). The results of the votes are set forth below.
Proposal 1
The shareholders voted in favor of the election of the following director nominees as Class III directors for a term of office expiring at the 2023 Annual Meeting of Shareholders and, in each case, until his or her successor is duly elected and qualified.
| For |
Against |
Abstain |
Broker Non-Vote | |||||
| Steven E. Bernstein |
92,934,614 |
6,701,704 |
20,811 |
3,679,766 | ||||
| Duncan H. Cocroft |
95,669,386 |
3,966,648 |
21,095 |
3,679,766 | ||||
| Fidelma Russo |
99,105,011 |
532,026 |
20,092 |
3,679,766 |
Proposal 2
The shareholders approved the ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the 2020 fiscal year.
| For |
Against |
Abstain |
Broker Non-Vote | |||||
| 102,138,824 |
1,181,887 |
16,184 |
— |
Proposal 3
The shareholders approved, on an advisory basis, the compensation of the Company’s named executive officers.
| For |
Against |
Abstain |
Broker Non-Vote | |||||
| 94,732,996 |
4,903,236 |
20,897 |
3,679,766 |
Proposal 4
The shareholders approved the Company’s 2020 Performance and Equity Incentive Plan.
| For |
Against |
Abstain |
Broker Non-Vote | |||||
| 93,633,989 |
6,006,606 |
16,534 |
3,679,766 |
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.
| SBA COMMUNICATIONS CORPORATION | ||
| By: |
/s/ Brendan T. Cavanagh | |
| Brendan T. Cavanagh | ||
| Executive Vice President and Chief Financial Officer | ||
Date: May 18, 2020