UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT of 1934
Date of report (Date of earliest event reported):
Commission File Number
(Exact name of registrant as specified in its charter)
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(State or other jurisdiction of incorporation or organization) |
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(I.R.S. Employer Identification No.) |
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(Address of principal executive offices) |
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(Zip Code) |
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(Registrant’s telephone number, including area code)
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):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)s |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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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 |
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Trading Symbol(s) |
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Name of each exchange on which registered |
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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 Section13(a) of the Exchange Act. ☐ |
Item 5.07 |
Submission of Matters to a Vote of Security Holders |
Schnitzer Steel Industries, Inc. (the “Company”) held its 2022 annual meeting of shareholders (the "Annual Meeting") on January 25, 2022. At the Annual Meeting, all proposals passed and each of the Company's director nominees was elected. For more information on the following proposals submitted to shareholders, please see the Company’s proxy statement filed with the Securities and Exchange Commission on December 15, 2021. Below are the final voting results.
Proposal No. 1 - Election of Directors
The Company’s shareholders elected (i) Rhonda D. Hunter, and (ii) David L. Jahnke as Class I directors with terms expiring at the 2025 annual meeting of shareholders. The number of votes cast for or withheld and the broker non-votes were as follows:
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Name |
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For |
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Withheld |
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Broker Non-Votes |
Rhonda D. Hunter |
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22,802,768 |
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129,887 |
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1,671,795 |
David L. Jahnke |
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22,225,978 |
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706,677 |
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1,671,795 |
Proposal No. 2 - Advisory Resolution on Executive Compensation
The Company’s shareholders voted, on an advisory basis, on the Company’s executive compensation as disclosed in the Company’s proxy statement, as follows:
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For |
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Against |
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Abstain |
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Broker Non-Votes |
21,470,747 |
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1,370,207 |
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91,701 |
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1,671,795 |
Proposal No. 3 - Ratification of the Selection of Independent Registered Public Accounting Firm
The Company’s shareholders ratified the selection of PricewaterhouseCoopers LLP to serve as the Company’s independent registered public accounting firm for the fiscal year ending August 31, 2022, as follows:
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For |
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Against |
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Abstain |
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Broker Non-Votes |
22,623,098 |
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1,950,873 |
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30,479 |
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SIGNATURE
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.
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SCHNITZER STEEL INDUSTRIES, INC. (Registrant) |
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Dated: January 28, 2022 |
By: |
/s/ Peter B. Saba |
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Name: Peter B. Saba |
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Title: Sr. V.P., General Counsel and Corporate Secretary |
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Document and Entity Information |
Jan. 25, 2022 |
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Cover [Abstract] | |
Document Type | 8-K |
Amendment Flag | false |
Document Period End Date | Jan. 25, 2022 |
Entity File Number | 000-22496 |
Entity Registrant Name | SCHNITZER STEEL INDUSTRIES, INC. |
Entity Incorporation, State or Country Code | OR |
Entity Tax Identification Number | 93-0341923 |
Entity Address, Address Line One | 299 SW Clay Street |
Entity Address, Address Line Two | Suite 350 |
Entity Address, City or Town | Portland |
Entity Address, State or Province | OR |
Entity Address, Postal Zip Code | 97201 |
City Area Code | 503 |
Local Phone Number | 224-9900 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Entity Emerging Growth Company | false |
Entity Central Index Key | 0000912603 |
Title of 12(b) Security | Class A Common Stock, $1.00 par value |
Trading Symbol | SCHN |
Security Exchange Name | NASDAQ |
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