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): May 6, 2014
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| | |
| | | |
| O'REILLY AUTOMOTIVE, INC. |
| (Exact name of registrant as specified in its charter) |
| |
| Missouri | 000-21318 | 27-4358837 |
(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) |
| |
| 233 South Patterson |
| Springfield, Missouri 65802 |
| (Address of principal executive offices, Zip code) |
| |
| (417) 862-6708 |
| (Registrant's telephone number, including area code) |
| |
| (Not Applicable) |
| (Former name or former address, if changed since last report.) |
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 (see General Instruction A.2):
[ ] 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))
Section 5 – Corporate Governance and Management
Item 5.07 - Submission of Matters to a Vote of Security Holders
O'Reilly Automotive, Inc. (the "Company") held its 2014 Annual Meeting of Shareholders (the "Annual Meeting") on May 6, 2014. Of the 106,398,395 shares, entitled to vote at the Annual Meeting, 96,829,932 shares were present in person or by proxy. At the Annual Meeting, the shareholders were asked to vote on four Company proposals and one shareholder proposal. A brief description of each proposal, along with the outcome and tabulation of voting results is set forth below:
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| (a) | The individuals listed in the table below were elected as directors, to hold office until the annual meeting of the Company’s shareholders in 2015 and until his or her successor has been duly elected and qualified. The voting results for each such director are as follows: |
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| Number of Shares |
| Name of Nominee | Voted For | Voted Against | Abstain | Broker Non-Votes |
| David O'Reilly | 83,251,266 |
| 5,717,014 |
| 101,574 |
| 7,760,078 |
|
| Larry O'Reilly | 77,510,009 |
| 11,457,264 |
| 102,581 |
| 7,760,078 |
|
| Rosalie O'Reilly Wooten | 77,521,634 |
| 11,445,642 |
| 102,578 |
| 7,760,078 |
|
| Jay D. Burchfield | 86,541,886 |
| 2,418,534 |
| 109,434 |
| 7,760,078 |
|
| Thomas T. Hendrickson | 88,033,452 |
| 878,868 |
| 157,534 |
| 7,760,078 |
|
| Paul R. Lederer | 83,995,266 |
| 4,961,850 |
| 112,738 |
| 7,760,078 |
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The individuals listed in the table below are directors whose term of office will continue until the Company's 2015 annual meeting of shareholders and until his or her successor has been duly elected and qualified:
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| Name of Director |
| David O'Reilly |
| Charlie O'Reilly |
| Larry O'Reilly |
| Rosalie O'Reilly Wooten |
| Jay D. Burchfield |
| Thomas T. Hendrickson |
| Paul R. Lederer |
| John R. Murphy |
| Ronald Rashkow |
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| (b) | The shareholders voted to approve the proposal to amend the Restated Articles of Incorporation of the Company's Subsidiary O'Reilly Automotive Stores, Inc. The voting results are as follows: |
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| | | | | | | |
| Number of Shares |
| Voted For | Voted Against | Abstain | Broker Non-Votes |
| 63,447,174 |
| 25,499,701 |
| 122,979 |
| 7,760,078 |
|
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| (c) | The shareholders voted to approve, by a non-binding, advisory vote, the 2013 compensation of the Company’s Named Executive Officers. The voting results are as follows: |
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| Number of Shares |
| Voted For | Voted Against | Abstain | Broker Non-Votes |
| 84,833,156 |
| 2,241,767 |
| 1,994,931 |
| 7,760,078 |
|
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| (d) | The shareholders voted to ratify the appointment of Ernst & Young, LLP, as the Company’s independent auditors for the fiscal year ending December 31, 2014. The voting results are as follows: |
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| | | | | |
| Number of Shares |
| Voted For | Voted Against | Abstain |
| 94,712,672 |
| 1,964,642 |
| 152,618 |
|
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| (e) | The shareholders voted against the shareholder proposal to adopt a policy requiring senior executives to retain a significant percentage of shares acquired through equity pay programs until reaching normal retirement age. The voting results are as follows: |
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| Number of Shares |
| Voted For | Voted Against | Abstain | Broker Non-Votes |
| 20,849,064 |
| 67,933,347 |
| 287,443 |
| 7,760,078 |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| Date: May 7, 2014 | O'REILLY AUTOMOTIVE, INC. |
| | |
| | By: /s/ Thomas McFall |
| | Thomas McFall |
| | Executive Vice-President of Finance and Chief Financial Officer |
| | (principal financial and accounting officer) |
