8-K/AShareholder Matters

Vertiv Holdings Co 8-K/A Report, Shareholder Vote Results (Aug 27, 2021)

Filed August 27, 2021For Securities:VRT

Summary

Vertiv Holdings Co (VRT) filed an 8-K/A amendment on August 26, 2021, to clarify the outcome of a shareholder vote from their 2021 Annual Meeting. The primary purpose of this filing is to disclose the Board of Directors' decision regarding the frequency of future "say-on-pay" advisory votes. This amendment does not alter any other information previously reported in the original 8-K filing dated June 15, 2021. The key information investors should note is the Board's determination to hold future non-binding advisory votes on executive compensation (say-on-pay) on an annual basis. This decision aligns with the recommendation of the Board and the majority vote cast by the Company's stockholders. The annual frequency will continue until the next required vote on this matter is presented.

Key Highlights

  • 1Vertiv Holdings Co filed an 8-K/A amendment to disclose board determination on say-on-pay vote frequency.
  • 2The filing's sole purpose is to address Item 5.07(d) of Form 8-K regarding shareholder vote outcomes.
  • 3Shareholders voted in favor of holding future say-on-pay votes on an annual basis.
  • 4The Board of Directors has accepted the shareholder vote and will continue annual say-on-pay votes.
  • 5This annual frequency will persist until the next required shareholder vote on the matter.
  • 6The filing does not modify or update any other disclosures from the original 8-K filed on June 15, 2021.

Frequently Asked Questions

The main purpose of this 8-K/A filing is to officially communicate the Board of Directors' decision on the frequency of future non-binding advisory votes on executive compensation (say-on-pay) following the 2021 Annual Meeting of Shareholders.

Vertiv Holdings Co will continue to hold future say-on-pay votes on an annual basis. This decision is consistent with the recommendation of the Board of Directors and the majority vote cast by the company's stockholders.

No, this 8-K/A filing specifically addresses the frequency of say-on-pay votes. It does not modify or update any other disclosures contained in the original 8-K report filed on June 15, 2021.

The company will continue to hold annual say-on-pay votes until the next required vote on the frequency of these advisory proposals is presented to the stockholders.