RBC Regal Beloit
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 28, 2020
Regal Beloit Corporation
(Exact name of registrant as specified in its charter)
|(State or Other Jurisdiction of Incorporation)||(Commission File Number)||(IRS Employer Identification No.)|
200 State Street, Beloit, Wisconsin 53511-6254
(Address of Principal Executive Offices, Including Zip Code)
Registrant's Telephone Number: (608) 364-8800
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))
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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. ☐
Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:
|Title of each class||Trading symbol||Name of each exchange on which registered|
|Common Stock||RBC||New York Stock Exchange|
Item 5.07 Submission of Matters to a Vote of Security Holders.
On April 28, 2020, Regal Beloit Corporation (the “Company”) held its 2020 annual meeting of shareholders (the “Annual Meeting”) for the purposes of (i) electing nine directors for terms expiring at the 2021 annual meeting of shareholders, (ii) holding a shareholder advisory vote on the compensation of the Company’s named executive officers as disclosed in the Company’s 2020 proxy statement, and (iii) ratifying the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ending January 2, 2021.
As of the March 5, 2020 record date for the determination of the shareholders entitled to notice of, and to vote at, the Annual Meeting, 40,655,723 shares of the Company’s common stock were outstanding and eligible to vote. A total of 37,757,407 shares were voted in person or by proxy at the Annual Meeting.
The following are the final votes on the matters presented for approval at the Annual Meeting:
Vote on the election of nine directors for terms expiring at the 2021 Annual Meeting:
|Jan A. Bertsch||36,775,771||111,936||42,138||827,562|
|Stephen M. Burt||36,694,630||214,547||20,668||827,562|
|Anesa T. Chaibi||36,696,704||212,345||20,796||827,562|
|Christopher L. Doerr||35,749,791||1,164,521||15,533||827,562|
|Dean A. Foate||35,928,808||980,387||20,650||827,562|
|Michael F. Hilton||36,758,094||113,297||58,454||827,562|
|Louis V. Pinkham||36,177,556||696,443||55,846||827,562|
|Curtis W. Stoelting||35,659,111||1,252,749||17,985||827,562|
Advisory vote on the compensation of the Company’s named executive officers as disclosed in the Company’s 2020 proxy statement:
Vote on the ratification of the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ending January 2, 2021:
Item 9.01. Financial Statements and Exhibits.
Exhibits. The following exhibits are being furnished herewith:
|Exhibit Number||Exhibit Description|
|104.1||Cover Page Interactive Data File (the Cover Page Interactive Data File is embedded within the Inline XBRL document).|
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.
REGAL BELOIT CORPORATION
Date: April 29, 2020 By: /s/ Thomas E. Valentyn
Thomas E. Valentyn
Vice President, General Counsel and Secretary