Heritage Insurance Holdings, Inc. - Form 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Stockholders held by Heritage Insurance Holdings, Inc. on June 16, 2015. The filing details the voting results for the election of directors and the ratification of the independent registered public accounting firm.
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 voting outcomes.
Material Changes and Voting Results
Proposal No. 1: Election of Directors
All ten nominees were elected to the Board of Directors for a one-year term expiring in 2016. The voting results were as follows:
| Nominee | For | Withheld | Broker Non-Votes |
|---|---|---|---|
| Bruce Lucas | 11,564,630 | 434,363 | 13,465,951 |
| Richard Widdicombe | 11,576,647 | 422,346 | 13,465,951 |
| Panagiotis (Pete) Apostolou | 11,559,713 | 439,280 | 13,465,951 |
| Irini Barlas | 11,638,313 | 360,680 | 13,465,951 |
| Trifon Houvardas | 11,175,818 | 823,175 | 13,465,951 |
| James Masiello | 10,136,079 | 1,862,914 | 13,465,951 |
| Nicholas Pappas | 10,127,031 | 1,871,962 | 13,465,951 |
| Joseph Vattamattam | 11,561,598 | 437,395 | 13,465,951 |
| Vijay Walvekar | 11,642,918 | 356,075 | 13,465,951 |
Proposal No. 2: Ratification of Auditor
Shareholders approved the appointment of Grant Thornton LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2015.
- For: 25,199,303
- Against: 10,591
- Abstain: 255,050
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
- Verify the total number of shares entitled to vote versus the sum of votes cast (For, Withheld, Abstain) and Broker Non-Votes to confirm quorum and participation rates.
- Note that James Masiello and Nicholas Pappas received the highest number of "Withheld" votes among the director nominees.
- Confirm the term expiration date for the newly elected directors is 2016.
- Verify the fiscal year end date for the ratified auditor appointment is December 31, 2015.