Business Context and Reporting Period
This Form 8-K is filed by Wyndham Worldwide Corporation (noted as Travel & Leisure Co. in metadata) on April 4, 2013. The report addresses a specific compliance issue regarding the New York Stock Exchange (NYSE) listing standards related to the company's 2013 Annual Meeting of Shareholders.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current report regarding a regulatory notice and does not contain financial performance data.
Material Changes
There are no material changes to financial operations or business strategy reported. The material event is a regulatory notification from the NYSE stating the company failed to provide timely notice of the record date for its upcoming annual meeting as required by listing rules.
Management Commentary and Risks
- Incident Details: The NYSE notified the company of a failure to provide notice of the record date at least ten days prior to the date, as required.
- Management Explanation: The company attributes this to an isolated administrative error.
- Compliance Status: Management asserts the company remains in compliance with all other NYSE rules. They confirm that notice was provided to Broadridge (the transfer agent) more than fifty days in advance, ensuring investors and markets received the information more than ten days prior to the record date.
- Meeting Details: The record date for the 2013 Annual Meeting (scheduled for May 14, 2013) remains March 15, 2013.
Investor Verification Checklist
- Verify the company's continued compliance status with the NYSE following this administrative error.
- Confirm the record date of March 15, 2013, for the May 14, 2013, Annual Meeting of Shareholders.
- Review subsequent filings to ensure no further listing rule violations occur.