Form 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): June 2, 2016

 

 

Williams-Sonoma, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-14077   94-2203880

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

3250 Van Ness Avenue, San Francisco, California 94109

(Address of principal executive offices)

Registrant’s telephone number, including area code (415) 421-7900

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 (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))

 

 

 

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

On June 2, 2016, Williams-Sonoma, Inc. (the “Company”) held its 2016 Annual Meeting of Stockholders (the “Annual Meeting”). At the Annual Meeting, the stockholders approved a proposal to amend and restate the Company’s 2001 Incentive Bonus Plan (the “Plan”) to extend its term until the 2021 annual meeting of stockholders and to approve the material terms of the Plan to satisfy the stockholder approval requirement under Section 162(m) of the Internal Revenue Code. In addition, the amendment and restatement makes certain other changes to the Plan. More details about the Plan are included in the Company’s Definitive Proxy Statement for its Annual Meeting filed with the Securities and Exchange Commission on April 15, 2016.

The Plan, as amended, is filed as Exhibit 10.1 to this Form 8-K and incorporated herein by reference.

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

At the Annual Meeting, the following proposals were voted on and approved by the Company’s stockholders:

Proposal 1: Election of Board of Directors:

 

Name of Director

    For      Against      Abstain      Broker Non-Vote  

Laura J. Alber

      76,562,940         167,655         11,979         6,060,300   

Adrian D.P. Bellamy

      76,323,492         402,084         16,998         6,060,300   

Rose Marie Bravo

      76,617,114         107,364         18,096         6,060,300   

Patrick J. Connolly

      73,861,114         2,866,833         14,627         6,060,300   

Adrian T. Dillon

      76,425,163         299,582         17,829         6,060,300   

Anthony A. Greener

      76,619,378         106,732         16,464         6,060,300   

Ted W. Hall

      76,616,419         106,764         19,391         6,060,300   

Sabrina Simmons

      76,618,613         107,481         16,480         6,060,300   

Jerry D. Stritzke

      76,613,413         110,011         19,150         6,060,300   

Lorraine Twohill

      76,616,312         108,672         17,590         6,060,300   

All director nominees were duly elected.

Proposal 2: Amendment and restatement of the Williams-Sonoma, Inc. 2001 Incentive Bonus Plan:

 

For

   

Against

   

Abstain

   

Broker Non-Vote

75,939,819

    690,931    111,824    6,060,300

Proposal 2 was approved.

Proposal 3: Advisory vote to approve executive compensation:

 

For

   

Against

   

Abstain

   

Broker Non-Vote

76,038,592

    589,167    114,815    6,060,300

Proposal 3 was approved, on a non-binding advisory basis.

 

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Proposal 4: Ratification of the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending January 29, 2017:

 

For

   

Against

   

Abstain

82,380,878

    405,982    16,014

Proposal 4 was approved.

Item 9.01. Financial Statements and Exhibits

 

  (d) List of Exhibits:

 

10.1*    Williams-Sonoma, Inc. 2001 Incentive Bonus Plan, as amended and restated effective June 2, 2016

 

  * Incorporated by reference to Exhibit A to the Company’s Definitive Proxy Statement on Schedule 14A as filed with the Securities and Exchange Commission on April 15, 2016.

 

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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.

 

      WILLIAMS-SONOMA, INC.
Date: June 3, 2016     By:  

/s/ Julie P. Whalen

     

    Julie P. Whalen

    Chief Financial Officer

 

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INDEX TO EXHIBITS

 

Exhibit Number

   

Description

10.1*    Williams-Sonoma, Inc. 2001 Incentive Bonus Plan, as amended and restated effective June 2, 2016

 

* Incorporated by reference to Exhibit A to the Company’s Definitive Proxy Statement on Schedule 14A as filed with the Securities and Exchange Commission on April 15, 2016.

 

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