Business Context and Reporting Period
Company: Chimera Investment Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: May 30, 2019
Event: Submission of Matters to a Vote of Security Holders at the Annual Meeting of Stockholders.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on corporate governance and voting results.
Material Changes and Voting Results
The Annual Meeting was held on May 30, 2019. A total of 187,144,009 shares were entitled to vote, with 172,443,284 shares (92.14%) present in person or by proxy. The results for the three proposals were as follows:
- Proposal 1 (Election of Directors): John P. Reilly and Matthew Lambiase were elected as Class III directors to serve until the 2022 Annual Meeting.
- John P. Reilly: 88,710,998 For; 1,923,851 Against; 448,210 Abstentions.
- Matthew Lambiase: 89,737,759 For; 851,817 Against; 493,483 Abstentions.
- Proposal 2 (Executive Compensation): The non-binding advisory vote on executive compensation was approved.
- Results: 85,988,602 For; 3,985,517 Against; 1,108,940 Abstentions.
- Proposal 3 (Auditor Ratification): The appointment of Ernst & Young LLP as the independent registered public accounting firm was ratified.
- Results: 169,124,066 For; 1,960,564 Against; 1,358,654 Abstentions.
Guidance, Outlook, and Risks
This filing does not provide management commentary, financial guidance, outlook, or specific risk factors. It references the definitive proxy statement on Schedule 14A filed on April 15, 2019, for further details regarding the proposals.
Investor Verification Checklist
- Verify the tenure of the newly elected Class III directors (John P. Reilly and Matthew Lambiase) through the 2022 Annual Meeting.
- Confirm the continued engagement of Ernst & Young LLP as the independent auditor for the current fiscal year.
- Review the Schedule 14A proxy statement filed on April 15, 2019, for detailed executive compensation data and governance policies.
- Note that 81,360,225 shares were recorded as Broker Non-Votes for the director election and compensation proposals.