8-K

 

 

 

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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) May 6, 2016 (May 4, 2016)

 

 

GENERAL DYNAMICS CORPORATION

(Exact Name of Registrant as Specified in Its Charter)

 

 

 

Delaware   1-3671   13-1673581

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

2941 Fairview Park Drive, Suite 100, Falls Church, Virginia   22042-4513
(Address of Principal Executive Offices)   (Zip Code)

(703) 876-3000

(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:

 

¨ 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

The voting results for matters submitted to the company’s shareholders for consideration at the Annual Meeting held on May 4, 2016, are set forth below.

In an uncontested election, each of the following nominees was elected to the Board of Directors according to the following votes:

 

     For      Against      Abstain      Broker Non-
Votes
 

Mary T. Barra

     260,685,091         3,421,739         239,265         21,132,194   

Nicholas D. Chabraja

     261,587,801         2,531,766         226,528         21,132,194   

James S. Crown

     257,636,822         5,555,168         1,154,105         21,132,194   

Rudy F. deLeon

     260,774,775         3,292,718         278,602         21,132,194   

William P. Fricks

     259,775,687         4,310,512         259,896         21,132,194   

John M. Keane

     261,818,996         2,254,777         272,322         21,132,194   

Lester L. Lyles

     260,889,578         2,304,267         1,152,250         21,132,194   

Mark M. Malcolm

     263,673,474         391,348         281,273         21,132,194   

James N. Mattis

     261,797,812         1,378,272         1,170,011         21,132,194   

Phebe N. Novakovic

     260,341,408         2,773,762         1,230,925         21,132,194   

William A. Osborn

     260,728,242         3,320,750         297,103         21,132,194   

Laura J. Schumacher

     259,868,632         3,313,126         1,164,337         21,132,194   

The results of voting on Proposals 2 through 5 (as numbered in the company’s 2016 Proxy Statement) were as follows:

Proposal 2. Shareholders approved the selection of KPMG LLP as the company’s independent auditors for 2016.

 

     For      Against      Abstain      Broker Non-
Votes
 

Approval of KPMG as Independent Auditors

     283,807,428         1,478,505         192,356         —     

 

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Proposal 3. Shareholders approved, on an advisory basis, the compensation paid to the company’s named executive officers, as disclosed pursuant to Item 402 of Regulation S-K and contained in the 2016 Proxy Statement, including the Compensation Discussion and Analysis, compensation tables and narrative discussion.

 

     For      Against      Abstain      Broker Non-
Votes
 

Advisory Vote to approve Executive Compensation

     239,561,553         23,995,713         788,829         21,132,194   

Proposal 4. Shareholders approved the General Dynamics Corporation Executive Annual Incentive Plan (the “Annual Incentive Plan”).

 

     For      Against      Abstain      Broker Non-
Votes
 

Approval of the Annual Incentive Plan

     240,639,797         22,968,027         738,271         21,132,194   

Proposal 5. Shareholders rejected a shareholder proposal requesting that the board adopt a general payout policy that gives preference to share repurchases.

 

     For      Against      Abstain      Broker Non-
Votes
 

Shareholder Proposal to adopt a General Payout Policy

     1,542,104         261,611,361         1,192,630         21,132,194   

 

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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.

 

GENERAL DYNAMICS CORPORATION
by  

/s/ Gregory S. Gallopoulos

 

Gregory S. Gallopoulos

Senior Vice President, General Counsel and Secretary

(Authorized Officer)

Dated: May 6, 2016

 

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