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Published: 2021-09-17 16:30:52 ET
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 15, 2021

 

METHODE ELECTRONICS, INC.

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

001-33731

36-2090085

(State or Other Jurisdiction

of Incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

 

 

 

8750 West Bryn Mawr Avenue,

Chicago, IL

 

60631

(Address of Principal Executive Offices)

 

(Zip Code)

Registrant’s Telephone Number, Including Area Code: (708) 867-6777

Not Applicable

(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 (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange on which registered

Common Stock, $0.50 par value

 

MEI

 

New York Stock Exchange

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).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 5.07

Submission of Matters to a Vote of Security Holders

 

At the annual meeting of stockholders of Methode Electronics, Inc. (the “Company”), the stockholders voted on and approved proposals to (i) elect twelve (12) directors to hold office until the next annual meeting of stockholders or until their successors are elected and qualified; (ii) ratify the Audit Committee's selection of Ernst & Young LLP to serve as the Company's independent registered public accounting firm for the fiscal year ending April 30, 2022 and (iii) cast an advisory vote on named executive officer compensation. The voting results for each proposal were as follows:

 

1. Election of Directors:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Director

 

For

 

Against

 

Abstain

 

Broker Non-Votes

Walter J. Aspatore

 

            32,983,927

 

          1,621,663

 

                 9,379

 

              1,050,148

David P. Blom

 

            34,252,602

 

             352,728

 

                 9,639

 

              1,050,148

Therese M. Bobek‎

 

            33,702,419

 

             902,487

 

               10,063

 

              1,050,148

Brian J. Cadwallader

 

            33,138,502

 

          1,461,314

 

               15,153

 

              1,050,148

Bruce K. Crowther

 

            33,737,722

 

             867,492

 

                 9,755

 

              1,050,148

Darren M. Dawson

 

            32,996,151

 

          1,609,185

 

                 9,633

 

              1,050,148

Donald W. Duda

 

            34,246,177

 

             354,315

 

               14,477

 

              1,050,148

Janie Goddard

 

            34,328,417

 

             276,491

 

               10,061

 

              1,050,148

Mary A. Lindsey

 

            34,252,966

 

             351,940

 

               10,063

 

              1,050,148

Angelo V. Pantaleo

 

            34,250,532

 

             353,501

 

               10,936

 

              1,050,148

Mark D. Schwabero

 

            33,681,881

 

             923,449

 

                 9,639

 

              1,050,148

Lawrence B. Skatoff

 

            33,176,141

 

          1,424,456

 

               14,372

 

              1,050,148

 

 

 

 

 

 

 

 

 

2. Ratified Ernst & Young LLP to serve as the Company’s independent registered public accounting firm:

 

 

 

 

 

 

 

 

 

 

 

For

 

Against

 

Abstain

 

Broker Non-Votes

 

 

            34,755,787

 

             897,247

 

               12,083

 

                           -  

 

 

 

 

 

 

 

 

 

3. Advisory approval of the Company’s named executive officer compensation:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For

 

Against

 

Abstain

 

Broker Non-Votes

 

 

            18,684,585

 

        15,906,107

 

               24,277

 

              1,050,148

 

 

 

 

 

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.

 

 

 

METHODE ELECTRONICS, INC.

(Registrant)

 

 

 

 

Date: September 17, 2021

 

By:

/s/ Ronald L.G. Tsoumas

 

 

 

Ronald L.G. Tsoumas

 

 

 

Chief Financial Officer