Item 5.07. Submission of Matters to a Vote of Security Holders.
OnApril 23, 2022 ,Fastenal Company (the 'Company') held its annual meeting of shareholders (the 'Annual Meeting') inWinona, Minnesota . As of the record date for the Annual Meeting, there were 575,553,636 shares of Common Stock outstanding and entitled to vote at the Annual Meeting. There were 516,192,231 shares of Common Stock represented in person or by proxy at the Annual Meeting; therefore, a quorum was present. The following is a brief summary of each matter voted upon at the Annual Meeting:
•Proposal #1 - Election of directors. The election of a board of directors consisting of ten members to serve until the next regular meeting of shareholders or until their successors have been elected and qualified. The voting results were as follows:
Total Number of Votes Total Number of Votes Names of Directors Total Number of Votes For Against Abstaining Scott A. Satterlee 424,444,495 44,727,683 508,809 Michael J. Ancius 447,634,948 21,545,332 500,707 Stephen L. Eastman 462,286,711 6,986,878 407,398 Daniel L. Florness 463,174,420 6,184,233 322,334 Rita J. Heise 417,457,396 51,830,401 393,190 Hsenghung Sam Hsu 466,336,954 2,881,805 462,228 Daniel L. Johnson 462,160,941 6,957,617 562,429 Nicholas J. Lundquist 460,959,179 7,938,265 783,543 Sarah N. Nielsen 466,617,247 2,671,497 392,243 Reyne K. Wisecup 458,406,452 10,835,634 438,901
There were 46,511,244 broker non-votes.
Based on the votes set forth above, all of the foregoing persons were elected to serve until the next regular meeting of shareholders or until their successors have been elected and qualified. •Proposal #2 - Ratification of appointment of independent registered public accounting firm for the fiscal year endingDecember 31, 2022 . The voting results were as follows: For Against Abstain 493,211,184 22,077,569 903,478
Based on the votes set forth above, the selection of
•Proposal #3 - An advisory vote on a non-binding resolution to approve the compensation of Fastenal's named executive officers as disclosed in the proxy statement for the 2022 Annual Meeting. The voting results were as follows: For Against Abstain
435,978,969 31,845,214 1,856,804
There were 46,511,244 broker non-votes.
Based on the votes set forth above, the resolution for the approval, on an advisory basis, of the compensation of our named executive officers was adopted by our shareholders.
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