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 25, 2021

 

 

SUPERIOR INDUSTRIES INTERNATIONAL, INC.

(Exact Name of Registrant as Specified in Its Charter)

 

 

 

Delaware   1-6615   95-2594729

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

26600 Telegraph Road, Suite 400

Southfield, Michigan

  48033
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s Telephone Number, Including Area Code: (248) 352-7300

(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))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class

 

Trading

Symbol

 

Name of Each Exchange

on Which Registered

Common Stock, $0.01 par value   SUP   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  ☐

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(e) 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.

On May 25, 2021, the stockholders of Superior Industries International, Inc. (the “Company”) approved an amendment to the Superior Industries International, Inc. 2018 Equity Incentive Plan (the “2018 Equity Plan”) at the Company’s annual meeting of stockholders (the “Annual Meeting”). Among other things, the amendment increases the number of shares authorized for issuance under the 2018 Equity Plan by 2,000,000.

The material terms of the 2018 Equity Plan, as amended, are described in the Company’s definitive proxy statement, dated April 15, 2021, under the heading “Proposal No. 3 — Approval of an Amendment to the Superior Industries International, Inc. 2018 Equity Incentive Plan”, which is incorporated herein by reference.

The description of the 2018 Equity Plan, as amended, is qualified in its entirety by reference to the full text of the 2018 Equity Plan, as amended, a copy of which is attached hereto as Exhibit 10.1.

 

Item 5.07    Submission of Matters to a Vote of Security Holders

On May 25, 2021, the Company held its Annual Meeting. Set forth below are the final voting totals as provided by Broadridge Financial Solutions, Inc., the independent inspector of elections for the Annual Meeting.

Proposal One: Election of Directors

 

Director Nominees

   Votes For      Votes
Withheld
     Broker
Non-Votes
 

Majdi B. Abulaban

     18,639,393        73,191        6,767,876  

Raynard D. Benvenuti

     17,714,964        997,620        6,767,876  

Michael R. Bruynesteyn

     18,104,298        608,286        6,767,876  

Richard J. Giromini

     17,905,472        807,112        6,767,876  

Paul J. Humphries

     18,180,114        532,470        6,767,876  

Ransom A. Langford

     18,397,401        315,183        6,767,876  

Timothy C. McQuay

     17,154,726        1,557,858        6,767,876  

Ellen B. Richstone

     17,171,413        1,541,171        6,767,876  

Proposal Two: Advisory Vote on Compensation of Named Executive Officers

 

For

 

Against

 

Abstain

 

Broker Non-Votes

13,767,068

  4,799,795   145,721   6,767,876

Proposal Three: Amendment to the 2018 Equity Plan of the Company

 

For

 

Against

 

Abstain

 

Broker Non-Votes

17,631,697

  940,576   140,311   6,767,876

Proposal Four: Ratification of Independent Registered Public Accounting Firm

 

For

 

Against

 

Abstain

25,366,503

  75,696   38,261


Item 9.01    Financial Statements and Exhibits

(d) Exhibits:

 

Exhibit

Number

  

Exhibit

Description

10.1    Superior Industries International, Inc. 2018 Equity Incentive Plan, as amended.


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.

 

    SUPERIOR INDUSTRIES INTERNATIONAL, INC.
                                         (Registrant)
Date: June 1, 2021     /s/ Joanne M. Finnorn
    Joanne M. Finnorn
    Senior Vice President, General Counsel & Corporate Secretary
Superior Industries (NYSE:SUP)
Historical Stock Chart
From Nov 2021 to Dec 2021 Click Here for more Superior Industries Charts.
Superior Industries (NYSE:SUP)
Historical Stock Chart
From Dec 2020 to Dec 2021 Click Here for more Superior Industries Charts.