Five Point Holdings, LLC current report, 18 May 2022

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Five Point Holdings, LLC - Form 8-K Summary

Business Context and Reporting Period

This Form 8-K reports on the results of the 2022 Annual Meeting of Shareholders held on May 18, 2022. The Company is incorporated in Delaware and its Class A common shares trade on the New York Stock Exchange under the symbol FPH.

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 and shareholder voting outcomes.

Material Changes and Voting Results

As of the record date (March 25, 2022), there were 148,491,531 total votes outstanding. Shareholders representing 92.5% of issued and outstanding common shares were present or represented by proxy. The following matters were submitted to a vote:

  • Election of Directors: Both nominees were elected to serve until the 2025 annual meeting.
    • William Browning: 120,246,920 votes for; 10,039,613 votes withheld; 7,113,724 broker non-votes.
    • Michael Rossi: 106,820,892 votes for; 23,465,641 votes withheld; 7,113,724 broker non-votes.
  • Ratification of Independent Auditors: Shareholders ratified the selection of Deloitte & Touche LLP for the fiscal year ending December 31, 2022.
    • Votes For: 137,297,262
    • Votes Against: 88,765
    • Abstentions: 14,230

Guidance, Outlook, and Risks

The filing text does not provide a clear value for financial guidance, management outlook, specific risks, contingencies, or unusual items. The document is limited to the disclosure of voting results.

Key Facts for Investor Verification

  • Verify the tenure of the newly elected directors (William Browning and Michael Rossi) through the 2025 annual meeting.
  • Note the significant number of votes withheld for Michael Rossi (23.5 million) compared to William Browning (10.0 million).
  • Confirm the appointment of Deloitte & Touche LLP as the independent auditor for the fiscal year ending December 31, 2022.
  • Review the Company's 10-K or 10-Q filings for financial performance data, as this 8-K contains no financial metrics.