8-KThe WireRed Alert
Executive Change · Shareholder Vote
Filed Apr 27, 2022 · 4y ago · Accession 0001552781-22-000366
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗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):
April 27, 2022 ( April
26, 2022 )
COCA COLA CO
(Exact name of Registrant as specified
in its charter)
Delaware
001-02217
58-0628465
(State or other jurisdiction of incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)
One Coca-Cola Plaza
30313
Atlanta , Georgia
(Zip Code)
(Address of principal executive offices)
Registrant’s
telephone number, including area code: (404) 676-2121
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:
o
Written communications pursuant
to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12
under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant
to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
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, $0.25 Par Value
KO
New York Stock Exchange
0.500% Notes Due 2024
KO24
New York Stock Exchange
1.875% Notes Due 2026
KO26
New York Stock Exchange
0.750% Notes Due 2026
KO26C
New York Stock Exchange
1.125% Notes Due 2027
KO27
New York Stock Exchange
0.125% Notes Due 2029
KO29A
New York Stock Exchange
0.125% Notes Due 2029
KO29B
New York Stock Exchange
0.400% Notes Due 2030
KO30B
New York Stock Exchange
1.250% Notes Due 2031
KO31
New York Stock Exchange
0.375% Notes Due 2033
KO33
New York Stock Exchange
0.500% Notes Due 2033
KO33A
New York Stock Exchange
1.625% Notes Due 2035
KO35
New York Stock Exchange
1.100% Notes Due 2036
KO36
New York Stock Exchange
0.950% Notes Due 2036
KO36A
New York Stock Exchange
0.800% Notes Due 2040
KO40B
New York Stock Exchange
1.000% Notes Due 2041
KO41
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 o
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. o
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On April 26, 2022, the Talent and Compensation
Committee of the Board of Directors (the “Compensation Committee”) of The Coca-Cola Company (the “Company”) adopted
an amendment and restatement of the Annual Incentive Plan of The Coca-Cola Company (the “Annual Incentive Plan”), effective
as of January 1, 2022. The Annual Incentive Plan, formerly the “Performance Incentive Plan,” contains certain administrative
and technical changes, as well as providing for the pro rata payment of certain awards to certain plan participants who terminate employment
with the Company after attaining specified age requirements.
The foregoing description is qualified in its
entirety by reference to the Annual Incentive Plan, a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by reference.
Item 5.07. Submission of Matters to a Vote of Security Holders.
(a) The Annual Meeting of Shareowners of the Company was held on Tuesday, April 26,
2022. The results of the matters submitted to a vote of the shareowners at the meeting are set forth below. Pursuant to Delaware law and
the Company’s By-Laws, abstentions and broker non-votes are not considered votes cast and do not affect the outcome of the votes.
Therefore, only votes for and against each matter are included in the percentages below.
(b) Item 1. Election of Directors . Shareowners elected each
of the persons named below as Directors for a term expiring in 2023 as follows:
FOR
%
FOR
AGAINST
%
AGAINST
ABSTENTIONS
BROKER
NON-VOTES
Herb Allen
3,177,003,101
99.65
11,210,040
0.35
5,034,225
491,276,951
Marc Bolland
3,107,195,292
97.47
80,804,088
2.53
5,247,986
491,276,951
Ana Botín
3,160,712,522
99.12
27,901,883
0.88
4,632,961
491,276,951
Christopher C. Davis
3,053,128,568
95.77
134,822,484
4.23
5,296,314
491,276,951
Barry Diller
2,647,572,007
83.05
540,282,098
16.95
5,392,653
491,276,951
Helene D. Gayle
2,836,219,718
88.99
350,840,906
11.01
6,186,741
491,276,951
Alexis M. Herman
2,993,514,806
93.90
194,629,684
6.10
5,102,876
491,276,951
Maria Elena Lagomasino
2,896,131,779
91.54
267,690,556
8.46
29,424,831
491,276,951
James Quincey
2,941,766,325
92.57
236,225,212
7.43
15,255,306
491,276,951
Caroline J. Tsay
3,167,447,352
99.34
20,914,710
0.66
4,885,182
491,276,951
David B. Weinberg
3,151,105,991
98.92
34,514,445
1.08
7,626,929
491,276,951
Item
2. Advisory Vote to Approve Executive Compensation . Votes regarding this advisory proposal were as follows:
Votes Cast
For:
1,604,624,117
50.54%
Votes Cast Against:
1,570,285,371
49.46%
Abstentions:
18,337,892
Broker Non-Votes:
491,276,951
Item
3. Ratification of the Appointment of Ernst & Young LLP as Independent Auditors . Votes regarding this proposal were as follows:
Votes Cast For:
3,535,824,494
96.12%
Votes Cast Against:
142,595,837
3.88%
Abstentions:
6,104,000
Broker Non-Votes:
N/A
Item
4. Shareowner Proposal Regarding an External Public Health Impact Disclosure . Votes regarding this proposal were as follows:
Votes Cast For:
357,920,155
11.33%
Votes Cast Against:
2,799,863,902
88.67%
Abstentions:
35,462,549
Broker Non-Votes:
491,276,951
Item
5. Shareowner Proposal Regarding a Global Transparency Report . Votes regarding this proposal were as follows:
Votes Cast For:
403,288,299
12.69%
Votes Cast Against:
2,775,001,795
87.31%
Abstentions:
14,952,882
Broker Non-Votes:
491,276,951
Item
6. Shareowner Proposal Regarding an Independent Board Chair Policy . Votes regarding this proposal were as follows:
Votes Cast For:
846,251,251
27.79%
Votes Cast Against:
2,198,917,223
72.21%
Abstentions:
148,078,904
Broker Non-Votes:
491,276,951
Item 9.01.
Financial Statements and Exhibits.
(d) Exhibits
Exhibit Number
Description
10.1
Annual Incentive Plan of The Coca-Cola Company, as amended and restated as of January 1, 2022.
104
Cover Page Interactive Data File (the cover page XBRL tags are embedded
within the iXBRL document).
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.
THE COCA-COLA COMPANY
(REGISTRANT)
Date: April 27,
2022
By:
/s/
Monica Howard Douglas
Monica Howard Douglas
Senior Vice President and General Counsel
Filing details
- Company
- COCA COLA CO
- Ticker
- KO
- CIK
- 21344
- Form type
- 8-K
- Filing date
- Apr 27, 2022
- Report date
- Apr 26, 2022
- Document
- e22265_ko-8k.htm
- Size
- 453 KB