false0000063908MCDONALDS CORP
0000063908
2020-05-21
2020-05-21
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 (Date of earliest event reported): May 21, 2020
McDONALD’S CORPORATION
(Exact Name of Registrant as Specified in Charter)
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Delaware | | 1-5231 | | 36-2361282 |
(State or Other Jurisdiction of Incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
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110 North Carpenter Street
Chicago, Illinois
(Address of Principal Executive Offices)
60607
(Zip Code)
(630) 623-3000
(Registrant’s telephone number, including area code)
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 (see General Instruction A.2. below):
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☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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☐ | 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:
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Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
Common Stock, $0.01 par value | MCD | 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).
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Emerging growth company | ☐ | | |
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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.
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
At the Annual Shareholders’ Meeting held on May 21, 2020 (the “Annual Shareholders’ Meeting”) of McDonald’s Corporation (the “Company”), the Company’s shareholders approved the Amended and Restated 2012 Omnibus Stock Ownership Plan (the “Plan”), effective as of May 21, 2020. The Company’s named executive officers are participants in the Plan. The Plan, included as Exhibit A to the Company’s Definitive Proxy Statement filed on April 9, 2020 (the “Proxy Statement”), and the summary of the material terms of the Plan, included on pages 66 through 70 of the Proxy Statement under the heading “Amended and Restated Equity Plan,” are incorporated herein by reference.
Item 5.07. Submission of Matters to a Vote of Security Holders.
The following is a brief description of each proposal voted upon at the Annual Shareholders’ Meeting, as well as the voting results for each proposal.
Each of the twelve Directors proposed by the Company were re-elected for a one-year term beginning in May and continuing until the Company’s 2021 Annual Shareholders’ Meeting and until their successors have been elected and qualified. The votes on this proposal were as follows:
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Director Name | | | For | | Against | | Abstain | | Broker Non-Votes |
Lloyd Dean | | 487,684,680 | | 21,407,046 | | 998,886 | | 109,501,784 |
Robert Eckert | | 461,501,171 | | 47,592,428 | | 997,013 | | 109,501,784 |
Catherine Engelbert | | 507,418,354 | | 1,772,161 | | 900,097 | | 109,501,784 |
Margaret Georgiadis | | 507,061,752 | | 2,150,979 | | 877,881 | | 109,501,784 |
Enrique Hernandez, Jr. | | 473,657,230 | | 35,461,606 | | 971,776 | | 109,501,784 |
Christopher Kempczinski | | 502,567,615 | | 6,549,416 | | 973,581 | | 109,501,784 |
Richard Lenny | | 434,221,368 | | 74,857,647 | | 1,011,597 | | 109,501,784 |
John Mulligan | | 505,740,393 | | 3,357,025 | | 993,194 | | 109,501,784 |
Sheila Penrose | | 486,841,994 | | 22,319,918 | | 928,700 | | 109,501,784 |
John Rogers, Jr. | | 472,541,637 | | 36,524,460 | | 1,024,515 | | 109,501,784 |
Paul Walsh | | 460,053,932 | | 48,735,317 | | 1,301,363 | | 109,501,784 |
Miles White | | 444,577,290 | | 64,514,279 | | 999,043 | | 109,501,784 |
The proposal regarding an advisory vote to approve the compensation awarded to the Company’s named executive officers for 2019 was approved. The votes on this proposal were as follows:
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For | | Against | | Abstain | | Broker Non-Votes |
403,872,771 | | 103,731,512 | | 2,486,329 | | 109,501,784 |
The proposal regarding an advisory vote to approve the appointment of Ernst & Young LLP to serve as independent auditor for 2020 was approved. The votes on this proposal were as follows (there were no broker non-votes on this proposal):
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For | | Against | | Abstain | |
592,310,095 | | 25,933,068 | | 1,349,233 | |
The proposal to approve the Company’s Amended and Restated 2012 Omnibus Stock Ownership Plan was approved. The votes on this proposal were as follows:
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For | | Against | | Abstain | | Broker Non-Votes |
493,265,395 | | 14,400,732 | | 2,424,485 | | 109,501,784 |
The proposal regarding an advisory vote on a shareholder proposal requesting to change the thresholds to call special shareholders meetings was not approved. The votes on this proposal were as follows:
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For | | Against | | Abstain | | Broker Non-Votes |
215,736,723 | | 291,279,369 | | 3,074,520 | | 109,501,784 |
The proposal regarding an advisory vote on a shareholder proposal requesting the Board issue a report on sugar and public health was not approved. The votes on this proposal were as follows:
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For | | Against | | Abstain | | Broker Non-Votes |
47,175,598 | | 452,968,338 | | 9,946,676 | | 109,501,784 |
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.
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| | | McDONALD’S CORPORATION | | |
| | | (Registrant) | | |
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Date: | May 22, 2020 | | By: | /s/ Denise A. Horne | |
| | | | Denise A. Horne | |
| | | | Corporate Vice President, Associate General Counsel and Assistant Secretary | |