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 1, 2010
Baldor Electric Company
Exact name of registrant as specified in its charter
| Missouri | 01-07284 | 43-0168840 | ||
State or other jurisdiction of incorporation | Commission File Number | IRS Employer Identification No |
5711 R. S. Boreham, Jr., St Fort Smith, Arkansas | 72901 | |
| Address of principal executive offices | Zip Code |
Registrant’s telephone number, including area code 479-646-4711
N/A
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:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act. |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act. |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act. |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act. |
Item 5.07 – Submission of Matters to a Vote of Security Holders
Baldor Electric Company held its annual shareholders’ meeting on May 1, 2010, at which shareholders voted on two proposals.
Proposal 1 was the election of four Directors to the Company’s Board of Directors for terms expiring in 2013. The following is a list of the Board nominees (who were the only nominees) each of whom were elected, and the final results of shareholder voting on Proposal 1:
Director Nominee | Votes For | Votes Withheld | Abstentions and Broker Non-votes | |||
Jean A. Mauldin | 33,596,324 | 728,038 | 1,950,150 | |||
R. L. Qualls | 33,132,549 | 1,191,813 | 1,950,150 | |||
Barry K. Rogstad | 33,833,899 | 490,463 | 1,950,150 | |||
Ronald E. Tucker | 33,436,689 | 887,673 | 1,950,150 |
The remaining board members are listed below and each is expected to serve out their respective term:
| Jefferson W. Asher, Jr. | Merlin J. Augustine, Jr. | Richard E. Jaudes | ||||||
| Robert J. Messey | John A. McFarland | Robert L. Proost |
Proposal 2 was to ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for fiscal year 2010. Shareholders ratified this appointment as indicated below by the final results of the shareholder voting on Proposal 2:
Votes For | Votes Against | Abstentions | ||
35,810,615 | 311,053 | 152,844 |
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.
Baldor Electric Company | ||||||
| (Registrant) | ||||||
| Date | May 5, 2010 | /s/ George E. Moschner | ||||
| George E. Moschner | ||||||
| Chief Financial Officer and Secretary | ||||||