UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
__________________
FORM 8-K
_________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 15, 2021
AUTOZONE, INC.
(Exact Name of Registrant as Specified in Charter)
| Nevada | 1-10714 | 62-1482048 |
(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (IRS Employer Identification No.) |
123 South Front Street
Memphis, Tennessee 38103
(Address of Principal Executive Offices) (Zip Code)
(901) 495-6500
Registrant’s telephone number, including area code
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
| Title of each Class | Trading Symbol(s) | Name of each exchange on which registered | ||
| Common Stock, par value $0.01 per share | AZO | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.07. Submission of Matters to a Vote of Security Holders.
The final results of each of the proposals submitted to a vote of stockholders at the Annual Meeting, held December 15, 2021, are set forth below. Each such proposal is further described in the Proxy Statement, which descriptions are incorporated herein by reference.
Proposal 1. The stockholders elected nine directors, each of whom will hold office until the Annual Meeting of Stockholders to be held in 2022 and until his or her successor is duly elected and qualified. Each director received more votes cast “for” than votes cast “against” his or her election. The tabulation of votes with respect to each nominee for director was as follows:
| Nominee | Votes For | Votes Against | Abstentions | Broker Non-Votes | ||||
| Douglas H. Brooks | 17,328,846 | 321,996 | 12,447 | 1,142,970 | ||||
| Linda A. Goodspeed | 17,122,962 | 531,440 | 8,887 | 1,142,970 | ||||
| Earl G. Graves, Jr. | 16,611,599 | 1,041,688 | 10,002 | 1,142,970 | ||||
| Enderson Guimaraes | 17,552,443 | 99,245 | 11,601 | 1,142,970 | ||||
| D. Bryan Jordan | 17,207,025 | 444,637 | 11,627 | 1,142,970 | ||||
| Gale V. King | 17,308,120 | 325,711 | 29,458 | 1,142,970 | ||||
| George R. Mrkonic, Jr. | 16,378,926 | 1,269,085 | 15,278 | 1,142,970 | ||||
| William C. Rhodes, III | 15,970,689 | 1,578,926 | 113,674 | 1,142,970 | ||||
| Jill A. Soltau | 17,571,979 | 80,304 | 11,006 | 1,142,970 |
Proposal 2. The Company’s stockholders ratified the appointment of Ernst & Young LLP as AutoZone’s independent registered public accounting firm for the fiscal year ending August 27, 2022. The tabulation of votes on this matter was as follows:
| Votes For | Votes Against | Abstentions | ||
| 17,435,905 | 1,360,667 | 9,687 |
Proposal 3. The Company’s stockholders approved, on an advisory, non-binding basis, the compensation of AutoZone’s named executive officers. The tabulation of votes on this matter was as follows:
| Votes For | Votes Against | Abstentions | Broker Non-Votes | |||
| 15,224,025 | 2,415,167 | 24,097 | 1,142,970 |
Proposal 4. The Company’s stockholders voted in favor of the proposal on Climate Transition Plan Reporting. The tabulation of votes on this matter was as follows:
| Votes For | Votes Against | Abstentions | Broker Non-Votes | |||
| 12,371,115 | 5,190,877 | 101,197 | 1,142,970 |
Item 8.01. Other Events
On December 15, 2021, AutoZone, Inc. issued a press release announcing that its Board of Directors has authorized the repurchase of an additional $1.5 billion of the Company’s common stock in connection with its ongoing share repurchase program. The press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. | Description | |
| 99.1 | Press Release dated December 15, 2021 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| AUTOZONE, INC. | ||
| By: | /s/ Kristen C. Wright | |
| Kristen C. Wright | ||
| Senior Vice President, General Counsel and Secretary | ||
Date: December 15, 2021