CREDIT ACCEPTANCE CORPORATION Item 5.07. Submission of Matters to a Vote of Security Holders.
On
1.Elected five directors to serve until the 2024 annual meeting;
2.Approved an amendment to the Credit Acceptance Corporation Amended and
Restated Incentive Compensation Plan;
3.Approved named executive officer compensation on an advisory basis;
4.Indicated, on an advisory basis, that the frequency of future advisory votes
to approve named executive officer compensation should occur every year; and
5.Ratified the selection of
Shareholders cast their votes on each of these five proposals as follows:
1. Election of five directors to serve until the 2024 Annual Meeting of Shareholders: Director Nominees For Withheld Broker Non Votes Kenneth S. Booth 7,293,580 37,145 3,316,185 Glenda J. Flanagan 7,017,694 313,031 3,316,185 Vinayak R. Hegde 7,190,225 140,500 3,316,185 Thomas N. Tryforos 7,118,997 211,728 3,316,185 Scott J. Vassalluzzo 7,156,518 174,207 3,316,185
2.Approval of an amendment to the Credit Acceptance Corporation Amended and Restated Incentive Compensation Plan:
For Against Abstain Broker Non Votes
7,278,981 49,161 2,583 3,316,185
3.Approval of the advisory vote on named executive officer compensation:
For Against Abstain Broker Non Votes
7,108,069 218,979 3,677 3,316,185
4.Advisory vote on the frequency of future advisory votes to approve named executive officer compensation:
1 Year 2 Years 3 Years Abstain Broker Non Votes
7,179,516 1,108 147,565 2,536 3,316,185
5.Ratification of the selection of
For Against Abstain Broker Non Votes
10,641,874 2,638 2,398 -
--------------------------------------------------------------------------------
© Edgar Online, source
