Form 8-K

 

 

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 14, 2012

 

 

Waste Management, Inc.

(Exact Name of Registrant as Specified in Charter)

 

 

 

Delaware   1-12154   73-1309529

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

1001 Fannin, Suite 4000 Houston, Texas   77002
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s Telephone number, including area code: (713) 512-6200

(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))

 

 

 


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

At the Annual Meeting of Waste Management, Inc. (the “Company”) held on May 10, 2012, a total of 414,117,241 shares of the Company’s common stock, out of a total of 462,671,022 shares of common stock outstanding and entitled to vote, were present in person or represented by proxies. The proposals set forth below were voted on by the Company’s stockholders at the Annual Meeting, and each of proposals 1, 2, 3 and 4 were approved by the Company’s stockholders. Both of stockholder proposal 5 and stockholder proposal 6 were not approved by the Company’s stockholders.

 

  1. Election to the Company’s Board of Directors of the following nine director nominees:

 

Name

   Number of
Affirmative Votes
     Number of
Negative Votes
     Abstentions      Broker
Non-Votes
 

Bradbury H. Anderson

     339,215,730         4,786,877         349,357         68,701,558   

Pastora San Juan Cafferty

     335,674,347         8,320,799         356,818         68,701,558   

Frank M. Clark, Jr.

     339,090,347         4,913,589         348,028         68,701,558   

Patrick W. Gross

     294,102,175         49,750,409         499,380         68,701,558   

John C. Pope

     321,321,852         22,653,560         376,552         68,701,558   

W. Robert Reum

     339,081,658         4,885,153         385,153         68,701,558   

Steven G. Rothmeier

     334,275,985         9,684,600         391,379         68,701,558   

David P. Steiner

     335,898,819         8,064,031         389,114         68,701,558   

Thomas H. Weidemeyer

     341,396,061         2,600,450         355,453         68,701,558   

 

  2. Ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2012:

 

For

 

Against

 

Abstentions

408,070,676

  4,543,762   439,084

 

  3. Approval, by non-binding vote, of the Company’s executive compensation as described in the Company’s 2012 proxy statement:

 

For

 

Against

 

Abstentions

 

Broker Non-Votes

330,944,617

  10,250,721   3,156,626   68,701,558

 

  4. Approval of an amendment to the Company’s Employee Stock Purchase Plan to increase the number of shares authorized for issuance under the Plan:

 

For

 

Against

 

Abstentions

 

Broker Non-Votes

339,353,603

  4,432,316   566,045   68,701,558

 

  5. Stockholder proposal relating to a stock retention policy requiring senior executives to retain a significant percentage of stock acquired through equity pay programs until one year following termination of employment:

 

For

 

Against

 

Abstentions

 

Broker Non-Votes

81,103,153

  262,359,192   889,619   68,701,558

 

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  6. Stockholder proposal to amend the Company’s By-laws and other governing documents to give stockholders of the lowest percentage of the Company’s outstanding Common Stock permitted by law the power to call special stockholder meetings:

 

For

 

Against

 

Abstentions

 

Broker Non-Votes

15,488,145

  328,040,374   823,445   68,701,558

 

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SIGNATURES

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

 

    WASTE MANAGEMENT, INC.
Date: May 14, 2012     By:   /s/ Rick L Wittenbraker
      Rick L Wittenbraker
      Senior Vice President

 

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