Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
BFCF > SEC Filings for BFCF > Form 8-K on 10-Jul-2013All Recent SEC Filings

Show all filings for BFC FINANCIAL CORP | Request a Trial to NEW EDGAR Online Pro

Form 8-K for BFC FINANCIAL CORP


10-Jul-2013

Submission of Matters to a Vote of Security Holders


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

The Annual Meeting of Shareholders (the "Annual Meeting") of BFC Financial Corporation (the "Company") was held on July 9, 2013. The following proposals were submitted to the Company's shareholders at the Annual Meeting: (i) the election of ten directors, each for a term expiring at the Company's 2014 Annual Meeting of Shareholders; (ii) a non-binding advisory vote to approve the compensation of the Company's "named executive officers"; and (iii) a non-binding advisory vote on the frequency of future shareholder advisory votes on "named executive officer" compensation.

1) Election of Directors

The ten director nominees were elected by the following votes:

                                                         Broker
                        Votes            Votes               Non-
Director Nominee         For           Withheld             Votes

Alan B. Levan         260,415,704       5,186,947                     0
John E. Abdo          261,755,765       3,846,886                     0
Darwin Dornbush       261,815,424       3,787,227                     0
Oscar Holzmann        261,819,628       3,783,562                     0
Jarett S. Levan       261,750,519       3,852,671                     0
Alan J. Levy          261,757,763       3,845,427                     0
Joel Levy             261,757,415       3,845,775                     0
William Nicholson     261,537,007       4,066,184                     0
Neil Sterling         261,543,119       4,060,071                     0
Seth M. Wise          261,813,544       3,789,647                     0

2) Non-Binding Advisory Vote to Approve "Named Executive Officer" Compensation

The compensation of the Company's "named executive officers" was approved, on a non-binding advisory basis, by the following votes:

Votes Votes Broker For Against Abstentions Non-Votes

251,724,081 13,848,159 32,627 0


3) Non-Binding Advisory Vote on the Frequency of Future Shareholder Advisory Votes on "Named Executive Officer" Compensation

The voting results with respect to the non-binding advisory shareholder vote on the frequency of future shareholder advisory votes on "named executive officer" compensation were as follows:

Every
Year Every Other Year Every Three Years Abstentions Broker Non-Votes

13,787,863 103,369 250,918,702 792,751 0

The frequency choice of Every Three Years received the highest number of votes cast by the Company's shareholders (as well as a majority of the votes cast on the proposal) and therefore was the frequency selected by the shareholders. Based on these results, and consistent with the recommendation of the Company's Board of Directors that future shareholder advisory votes on "named executive officer" compensation be conducted every three years, the Company will conduct future shareholder advisory votes on "named executive officer" every three years. Accordingly, the next shareholder advisory vote on "named executive officer" compensation will be conducted at the Company's 2016 Annual Meeting of Shareholders. The next required shareholder advisory vote on the frequency of future shareholder advisory votes on "named executive officer" compensation will be conducted at the Company's 2019 Annual Meeting of Shareholders.


  Add BFCF to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for BFCF - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.