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8-KThe WireRed Alert

Executive Change · Shareholder Vote

Filed May 25, 2018 · 8y ago · Accession 0000077543-18-000049

Plain English

Material event — a significant development the company must disclose promptly.

Read the source below for the full document.

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 23, 2018 Tutor Perini Corporation (Exact name of registrant as specified in its charter) _________________________________  Massachusetts (State or other jurisdiction of incorporation or organization) 1-6314 (Commission file number) 04-1717070 (I.R.S. Employer Identification No.) 15901 Olden Street, Sylmar, California 91342-1093 (Address of principal executive offices) (Zip code) Registrant’s telephone number, including area code : (818) 362-8391 None (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): ☐ 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)) 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 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.  New Incentive Compensation Plan  As disclosed in Item 5.07 below, the shareholders of Tutor Perini Corporation (the “Company”) approved the Tutor Perini Corporation Omnibus Incentive Plan (the “Plan”) at the 2018 Annual Meeting of Shareholders (the “Annual Meeting”) for the Company on May 23, 2018. The material terms of the Plan are summarized in the Company’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on April 13, 2018 (the “Proxy Statement”) under the heading “Proposal 3: Approval to Adopt the New Tutor Perini Corporation Omnibus Incentive Plan to Effect the Merger of the Amended and Restated Tutor Perini Corporation Long-Term Incentive Plan and the Tutor Perini Corporation Incentive Compensation Plan” and are incorporated herein by reference. The description of the Plan is qualified in its entirety by reference to the actual terms of the Plan, a copy of which is filed as Exhibit 10.1 hereto and incorporated herein by reference.  Item 5.07. Submission of Matters to a Vote of Security Holders.  The Annual Meeting was held on May 23, 2018. At the Annual Meeting, the Company’s shareholders voted on four proposals as described in the Proxy Statement and cast their votes as set forth below.  Proposal 1: Election of Directors  The Company’s shareholders elected each of the following 12 nominees for director to serve a one-year term expiring at the Company's 2019 Annual Meeting of Shareholders. The votes cast in the election of directors were as follows:    Elected Directors Votes For Votes Withheld Broker Non-Votes Ronald N. Tutor 42,087,933 1,411,312 3,513,502 Peter Arkley 23,894,554 19,604,691 3,513,502 Sidney J. Feltenstein 42,772,307 726,938 3,513,502 James A. Frost 42,758,348 740,897 3,513,502 Michael F. Horodniceanu 43,049,335 449,910 3,513,502 Michael R. Klein 18,652,973 24,846,272 3,513,502 Robert C. Lieber 42,912,431 586,814 3,513,502 Dennis D. Oklak 42,993,084 506,161 3,513,502 Raymond R. Oneglia 42,189,806 1,309,439 3,513,502 Dale Anne Reiss 42,989,760 509,485 3,513,502 Donald D. Snyder 18,377,340 25,121,905 3,513,502 Dickran M. Tevrizian, Jr. 42,670,152 829,093 3,513,502   Proposal 2: Ratification of Appointment of Auditors  The Company’s shareholders ratified the selection of Deloitte & Touche LLP, independent registered public accountants, as auditors of the Company for the year ending December 31, 2018. Voting results on this matter were as follows:    Votes For Votes Against Abstentions Broker Non-Votes 46,201,061 799,450 12,236 0   2 Proposal 3: Approval of the New Tutor Perini Corporation Omnibus Incentive Plan  The Company’s shareholders approved the new Tutor Perini Corporation Omnibus Incentive Plan. Voting results on this matter were as follows:    Votes For Votes Against Abstentions Broker Non-Votes 30,137,426 13,334,390 27,429 3,513,502   Proposal 4: Advisory (Non-binding) Vote on Tutor Perini’s Executive Compensation  The Company’s shareholders cast their votes with respect to the advisory (non-binding) vote on executive compensation as set forth below:    Votes For Votes Against Abstentions Broker Non-Votes 16,506,251 26,958,308 34,686 3,513,502   Item 9.01. Financial Statements and Exhibits. (d) Exhibits  Exhibit Number Description 10.1 Tutor Perini Corporation Omnibus Incentive Plan            3 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.   Tutor Perini Corporation Dated: May 25, 2018 By: /s/ John D. Barrett  John D. Barrett Executive Vice President and Secretary   4
Filing details
Ticker
TPC
CIK
77543
Form type
8-K
Filing date
May 25, 2018
Report date
May 25, 2018
Document
tpc-20180525x8k.htm
Size
342 KB