FS Investment Corporation Form 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Stockholders held by FS Investment Corporation on June 21, 2012. The record date for the meeting was April 30, 2012. The filing details the outcomes of two proposals submitted to security holders.
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 results.
Material Changes and Voting Results
Of the 220,006,421 shares eligible to vote, 78,753,850 shares were voted in person or by proxy. The following outcomes were reported:
- Proposal No. 1 (Election of Directors): All ten director nominees were elected. Votes ranged from approximately 76.15 million to 76.28 million "For" each nominee, with "Votes Withheld" ranging from approximately 2.47 million to 2.60 million. There were no broker non-votes.
- Proposal No. 2 (Ratification of Auditors): The appointment of McGladrey LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2012, was approved. The vote count was 75,610,771.89 "For," 944,726.15 "Against," and 2,198,352.26 "Abstentions."
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
- Confirmation that all ten director nominees were successfully elected to serve until the 2013 annual meeting.
- Verification that McGladrey LLP was ratified as the independent auditor for the fiscal year ending December 31, 2012.
- Review of the 2012 proxy statement for detailed biographical information on the elected directors.
- Assessment of the voting participation rate, which was approximately 35.8% of eligible shares.