HENRY SCHEIN INC false 0001000228 --12-25 0001000228 2021-05-13 2021-05-13

 

 

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 13, 2021

 

 

Henry Schein, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   0-27078   11-3136595
(State or other jurisdiction
of incorporation)
 

(Commission

File Number)

  (IRS Employer
Identification No.)

 

135 Duryea Road, Melville, New York   11747
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (631) 843-5500

 

(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(s)

 

Name of each exchange

on which registered

Common Stock, par value $.01 per share   HSIC   The Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §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 5.03.

Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On May 13, 2021, the Board of Directors (the “Board”) of Henry Schein, Inc. (the “Company”) approved the amendment and restatement of the Company’s Second Amended and Restated By-Laws (as amended and restated, the “By-Laws”) to implement proxy access. Article II, Section 12 has been added to the By-Laws to allow a stockholder, or a group of up to 20 stockholders, owning 3% or more of the Company’s outstanding common stock continuously for at least three years, to nominate and include in the Company’s proxy materials director nominees constituting up to the greater of two or 20% of the number of directors then serving on the Board, provided that the stockholder(s) and the nominee(s) satisfy the requirements set forth in the By-Laws. The By-Laws also contain other conforming or non-substantive changes necessary to implement proxy access.

The foregoing description of the amendments to the By-Laws is qualified in its entirety by reference to the full text of the By-Laws, a copy of which is attached hereto as Exhibit 3.1 and incorporated herein by reference.

 

Item 5.07

Submission of Matters to a Vote of Security Holders.

On May 13, 2021, at the Company’s 2021 Annual Meeting of Stockholders (the “Annual Meeting”), the Company’s stockholders considered: (1) the election of sixteen directors of the Company for terms expiring in 2022; (2) a proposal to consider approval, by non-binding vote, of the 2020 compensation paid to the Company’s Named Executive Officers (as defined in the proxy statement) (commonly known as a “say-on-pay” proposal); and (3) the ratification of the selection of BDO USA, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 25, 2021. The voting results at the Annual Meeting, with respect to each of the matters described above, were as follows:

 

1.

The sixteen directors were elected based upon the following votes:

 

     For      Against      Abstain      Broker
Non-Votes
 
Mohamad Ali      123,704,709        300,807        199,284        5,339,613  
Barry J. Alperin      109,370,405        14,600,732        233,663        5,339,613  
Gerald A. Benjamin      120,896,543        3,127,118        181,139        5,339,613  
Stanley M. Bergman      110,923,251        12,191,022        1,090,527        5,339,613  
James P. Breslawski      120,901,169        3,123,638        179,993        5,339,613  
Deborah Derby      123,774,696        230,346        229,758        5,339,613  
Joseph L. Herring      123,686,922        294,148        223,730        5,339,613  
Kurt P. Kuehn      121,890,204        2,089,346        225,250        5,339,613  
Philip A. Laskawy      103,891,830        19,647,693        665,277        5,339,613  
Anne H. Margulies      123,437,990        550,980        215,830        5,339,613  
Mark E. Mlotek      121,259,700        2,773,698        171,402        5,339,613  
Steven Paladino      107,327,613        16,705,160        172,027        5,339,613  
Carol Raphael      123,228,006        756,767        220,027        5,339,613  
E. Dianne Rekow, DDS, Ph.D.      123,133,502        851,518        219,780        5,339,613  
Bradley T. Sheares, Ph.D.      121,179,706        2,797,408        227,686        5,339,613  
Reed V. Tuckson, M.D., FACP      123,697,907        282,710        224,183        5,339,613  

 

2.

The 2020 compensation paid to the Company’s Named Executive Officers, commonly known as the “say-on-pay” proposal, was approved, by non-binding vote, based upon the following votes:

 

For

 

Against

 

Abstain

 

Broker Non-Votes

113,192,750

  9,889,587   1,112,463   5,339,613


3.

The selection of BDO USA, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 25, 2021 was ratified based upon the following votes:

 

For

 

Against

 

Abstain

121,115,952

  8,203,046   225,415

 

Item 9.01.

Financial Statements and Exhibits.

 

(d)

Exhibits.

 

3.1    Third Amended and Restated By-Laws of the Company, effective May 13, 2021
104    Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.


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.

 

   

HENRY SCHEIN, INC.

(Registrant)

Date: May 17, 2021     By:  

/s/ Walter Siegel

      Walter Siegel
      Senior Vice President and General Counsel
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