8-K

 

 

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: February 24, 2016

(Date of earliest event reported)

 

 

POWELL INDUSTRIES, INC.

(Exact Name of Registrant as Specified in Its Charter)

 

 

 

Delaware   001-12488   88-0106100

(State or other jurisdiction of

incorporation or organization)

  (Commission File Number)  

(I.R.S. Employer

Identification Number)

8550 Mosley Road

Houston, Texas

    77075-1180

(Address of Principal

Executive Offices)

    (Zip Code)

(713) 944-6900

(Registrant’s Telephone Number, Including Area Code)

N/A

(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 (17CFR230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Action (17CFR240.14D-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR240.13e-4(c))

 

 

 


Item 5.07 – Submission of Matters to a Vote of Security Holders

At the annual meeting of stockholders of Powell Industries, Inc. (the “Company”) held on February 24, 2016 (the “Annual Meeting”), the Company’s stockholders: (i) re-elected Thomas W. Powell and elected Richard E. Williams as directors of the Company with terms ending in 2019 and (ii) approved, on an advisory basis, the Company’s “say-on-pay” proposal relating to the compensation paid to the Company’s executives and the related compensation discussion and analysis contained in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on January 6, 2016. The other directors continuing in office are Eugene L. Butler, Christopher E. Cragg, Bonnie V. Hancock, Scott E. Rozzell, Stephen W. Seale, Jr. and John D. White.

The following describes the results of the voting at the Annual Meeting:

Proposal No. 1: Election of directors

 

Nominee

   Votes Cast
For
     Vote Cast
Against
     Votes Withheld      Abstentions      Broker Non-
Votes
 

Thomas W. Powell

     9,395,694         —           380,071         —           —     

Richard E. Williams

     9,671,145         —           104,620         —           —     

Proposal No. 2: “Say-on-Pay” advisory vote

 

FOR   AGAINST   ABSTAIN
7,927,468   1,826,900   21,397


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    POWELL INDUSTRIES, INC.
Date: February 25, 2016     By:   /s/ DON R. MADISON
      Don R. Madison
     

Executive Vice President

Chief Financial and Administrative Officer

(Principal Financial Officer)