UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT
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Item 5.07 | Submission of Matters to a Vote of Security Holders. |
Taylor Morrison Home Corporation (the “Company”) held its 2020 Annual Meeting of stockholders on May 28, 2020. The Company’s stockholders elected at the 2020 Annual Meeting eight directors, Jeffry L. Flake, Gary H. Hunt, Peter Lane, William H. Lyon, Anne L. Mariucci, Andrea (Andi) Owen, Sheryl D. Palmer and Denise F. Warren, to hold office until the Company’s annual meeting of stockholders to be held in 2021 and until his or her successor is duly elected and qualified. At the 2020 Annual Meeting, the Company’s stockholders also approved, on an advisory basis, the compensation of the Company’s named executive officers (“say-on-pay”) and the frequency of future “say-on-pay” votes, and ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2020. The voting results are set forth below.
Proposal No. 1 – Election of Directors
Director Nominee |
Votes For |
Votes Withheld |
Broker Non-Votes |
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Jeffry L. Flake |
115,060,903 |
1,187,567 |
4,143,504 |
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Gary H. Hunt |
115,624,491 |
623,979 |
4,143,504 |
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Peter Lane |
114,266,433 |
1,982,037 |
4,143,504 |
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William H. Lyon |
115,627,716 |
620,754 |
4,143,504 |
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Anne L. Mariucci |
110,309,008 |
5,939,462 |
4,143,504 |
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Andrea (Andi) Owen |
115,460,388 |
788,082 |
4,143,504 |
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Sheryl D. Palmer |
112,183,397 |
4,065,073 |
4,143,504 |
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Denise F. Warren |
115,467,170 |
781,300 |
4,143,504 |
Proposal No. 2 – Advisory Vote on Compensation of Named Executive Officers (“Say-on-Pay”)
Description of Proposal |
Votes For |
Votes Against |
Abstentions |
Broker Non- Votes |
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To approve, on an advisory basis, the compensation of the Company’s named executive officers |
113,724,750 |
2,386,146 |
137,574 |
4,143,504 |
Proposal No. 3 – Advisory Vote on Frequency of Future “Say-on-Pay” Advisory Votes
Description of Proposal |
Every Year |
Every 2 Years |
Every 3 Years |
Abstentions |
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Future “say-on-pay” advisory votes should be held: |
100,931,964 |
15,586 |
10,359,788 |
4,941,132 |
Based on the results of the vote, and consistent with the Board of Directors’ recommendation, the Board of Directors of the Company has determined that future “say-on-pay” advisory votes will be submitted annually to the Company’s stockholders until the next non-binding stockholder vote on the frequency of “say-on-pay” votes, or until the Board of Directors otherwise determines a different frequency for such non-binding votes. Therefore, the next “say-on-pay” advisory vote will be held at the Company’s 2021 Annual Meeting of Stockholders.
Proposal No. 4 – Ratification of Auditors
Description of Proposal |
Votes For |
Votes Against |
Abstentions |
Broker Non- Votes |
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To ratify the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2020 |
117,449,818 |
2,892,708 |
49,448 |
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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.
Dated: June 2, 2020
Taylor Morrison Home Corporation | ||
/s/ Darrell C. Sherman | ||
By: |
Darrell C. Sherman | |
Executive Vice President, Chief Legal Officer and Secretary |