Business Context and Reporting Period
This Form 8-K reports on the 2022 Annual Meeting of Stockholders held by YETI Holdings, Inc. on May 5, 2022. As of the record date of March 10, 2022, there were 87,051,652 shares of common stock outstanding and entitled to vote.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity metrics, as this report focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
Three proposals were submitted to stockholders with the following outcomes:
- Proposal 1 (Election of Directors): Stockholders elected Frank D. Gibeau and Matthew J. Reintjes as Class I directors for a three-year term ending in 2025.
- Frank D. Gibeau: 53,355,073 votes For; 22,108,312 Withheld.
- Matthew J. Reintjes: 54,320,772 votes For; 21,142,613 Withheld.
- Proposal 2 (Executive Compensation): Stockholders approved the advisory vote on named executive officer compensation.
- 72,583,238 votes For; 2,801,306 Against; 78,841 Abstained.
- Proposal 3 (Auditor Ratification): Stockholders ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2022.
- 75,434,606 votes For; 3,949,692 Against; 23,301 Abstained.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Important Facts for Investors to Verify
- Confirmation that Frank D. Gibeau and Matthew J. Reintjes have officially assumed their roles as Class I directors.
- Verification of the final appointment of PricewaterhouseCoopers LLP for the 2022 fiscal year audit.
- Review of the full proxy statement for details on the specific compensation packages approved under Proposal 2.