Five Point Holdings, LLC - Form 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the 2021 Annual Meeting of Shareholders held by Five Point Holdings, LLC on June 9, 2021. The filing details the outcomes of shareholder votes regarding director elections and the ratification of independent auditors.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance events and does not contain financial performance data.
Material Changes and Voting Results
Shareholders representing 93.5% of the issued and outstanding common shares (138,368,727 shares) were present or represented by proxy. The total voting power as of the record date was 147,991,891 votes.
Director Elections
All four nominees were elected to serve until the 2024 annual meeting. The voting results were as follows:
| Nominee | Votes For | Votes Withheld | Broker Non-Votes |
|---|---|---|---|
| Evan Carruthers | 130,866,868 | 666,814 | 6,835,045 |
| Jonathan Foster | 130,104,501 | 1,429,181 | 6,835,045 |
| Emile Haddad | 130,974,921 | 558,761 | 6,835,045 |
| Stuart Miller | 130,953,749 | 579,933 | 6,835,045 |
Auditor Ratification
Shareholders ratified the selection of Deloitte & Touche LLP as the independent registered public accountants for the fiscal year ending December 31, 2021.
| Category | Count |
|---|---|
| Votes For | 138,150,200 |
| Votes Against | 215,466 |
| Abstentions | 3,061 |
| Broker Non-Votes | 0 |
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Shareholder Participation: 93.5% of eligible shares were represented at the meeting.
- Board Composition: All four director nominees (Carruthers, Foster, Haddad, Miller) were successfully re-elected.
- Auditor Approval: Deloitte & Touche LLP was ratified with overwhelming support (over 138 million votes for vs. 215,466 against).
- Capital Structure: As of the record date, there were 68,758,347 Class A shares and 79,233,544 Class B shares outstanding.