8-K

 

 

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 28, 2014

 

 

 

LOGO

CenturyLink, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Louisiana   1-7784   72-0651161
(State or other jurisdiction   (Commission   (IRS Employer
of incorporation)   File Number)   Identification No.)

 

100 CenturyLink Drive  
Monroe, Louisiana   71203
(Address of principal executive offices)   (Zip Code)

(318) 388-9000

(Registrants’ telephone number, including area code)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations 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))

 

 

 


Listed below are summaries of certain actions taken at our 2014 annual meeting of shareholders held on May 28, 2014 (the “Annual Meeting”), or at the meeting of our board of directors convened thereafter.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 29, 2014, the Board of Directors terminated our Amended and Restated 2001 Employee Stock Purchase Plan (the “ESPP”), effective as of July 1, 2014. The last offering period under the ESPP will end on June 30, 2014.

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

As previously disclosed on our Current Report on Form 8-K filed on February 27, 2014 and our Proxy Statement dated April 14, 2014, we presented a board-adopted proxy access bylaw amendment to our shareholders for ratification at the Annual Meeting. As described further in Item 5.07 below, our shareholders ratified this bylaw amendment at the Annual Meeting. The full text of the Company’s bylaws, as amended through May 28, 2014, is attached as Exhibit 3.1 to this Current Report and is incorporated herein by reference.

Item 5.07 Submission of Matters to a Vote of Security Holders.

At the Annual Meeting, shareholders present in person or represented by proxy voted on the matters described below. There were 574,065,909 shares of voting stock entitled to be voted at the Annual Meeting, of which 508,306,157 shares were present or represented for purposes of constituting a quorum. At the Annual Meeting, the Company’s shareholders (1) elected the 13 persons listed below to serve as our directors for one-year terms, (2) ratified the appointment of KPMG LLP as our independent registered public accounting firm for 2014, (3) ratified a bylaw amendment providing proxy access rights, as discussed further in Item 5.03 above, (4) approved, on an advisory basis, the compensation of our named executive officers and (5) did not approve a shareholder proposal regarding equity retention. You can find additional information about each of these matters in our Proxy Statement dated April 14, 2014.

Our independent judge of election reported the vote of shareholders as follows:

1. Elect 13 directors to serve until 2015

 

Nominees

   For      Withheld      Broker Non-Votes  

Virginia Boulet

     358,042,440         16,554,549         133,709,168   

Peter C. Brown

     367,518,798         7,078,191         133,709,168   

Richard A. Gephardt

     339,146,789         35,450,200         133,709,168   

W. Bruce Hanks

     353,551,164         21,045,825         133,709,168   

Gregory J. McCray

     369,627,863         4,969,126         133,709,168   

C. G. Melville, Jr.

     357,301,606         17,295,383         133,709,168   

Fred R. Nichols

     368,413,542         6,183,447         133,709,168   

 

2


William A. Owens

     366,618,880         7,978,109         133,709,168   

Harvey P. Perry

     327,925,727         46,671,262         133,709,168   

Glen F. Post, III

     368,853,576         5,743,413         133,709,168   

Michael J. Roberts

     367,541,317         7,055,672         133,709,168   

Laurie A. Siegel

     370,098,460         4,498,529         133,709,168   

Joseph R. Zimmel

     367,215,103         7,381,886         133,709,168   

2. Ratify the appointment of KPMG LLP as our independent auditor for 2014

 

For

     475,990,607   

Against

     30,104,246   

Abstain

     2,211,304   

Broker non-votes

     N/A   

3. Ratify the proxy access bylaw amendment

 

For

     358,756,842   

Against

     13,311,011   

Abstain

     2,529,136   

Broker non-votes

     133,709,168   

4. Approve, on a non-binding and advisory basis, the overall compensation of our named executive officers

 

For

     344,379,689   

Against

     26,849,972   

Abstain

     3,367,328   

Broker non-votes

     133,709,168   

5. Shareholder proposal regarding equity retention

 

For

     99,055,332   

Against

     271,988,518   

Abstain

     3,553,139   

Broker non-votes

     133,709,168   

Item 9.01 Financial Statements and Exhibits

 

(d) Exhibits

The exhibit to this Current Report is listed in the Exhibit Index, which appears at the end of this Current Report and is incorporated by reference herein.

 

3


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, CenturyLink, Inc. has duly caused this Current Report to be signed on its behalf by the undersigned officer hereunto duly authorized.

 

CenturyLink, Inc.
By:   /s/ Stacey W. Goff
  Stacey W. Goff
  Executive Vice President,
  General Counsel and Secretary

Dated: June 2, 2014


Exhibit Index

 

Exhibit
No.

  

Description

3.1*    Bylaws of CenturyLink, Inc., as amended through May 28, 2014.

 

* Filed herewith