Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
On January 26, 2022, the Board of Directors (the "Board") of Jacobs Engineering
Group Inc. (the "Company") amended and restated the Company's Bylaws (the
"Amended and Restated Bylaws"), effective as of January 26, 2022, to amend
Article III, Section 2 thereof to provide that the exact number of directors
will be determined from time to time by resolution adopted by the affirmative
vote of a majority of the Board (with the number not being less than three or
more than 21), in accordance with the Company's Amended and Restated Certificate
of Incorporation, dated as of January 27, 2014.
Following the retirement of Bob Davidson and Linda Fayne Levinson from the Board
on January 25, 2022, the Board eliminated the vacancies resulting from such
retirements by reducing the size of the Board to ten (10) directors.
The foregoing summary is qualified in its entirety by reference to the complete
text of the Amended and Restated Bylaws, which is filed as Exhibit 3.1 to this
report and incorporated herein by reference.
Item 5.07 Submission of Matter to a Vote of Security Holders
On January 25, 2022, the Company held its annual meeting of shareholders, at
which the following items were voted upon:
Proposal No. 1: Election of Directors
For Against Abstain
Steven J. Demetriou 101,707,817 2,870,376 97,183
Christopher M.T. Thompson 103,687,061 836,430 151,885
Priya Abani 104,304,365 251,450 119,561
General Vincent K. Brooks 102,830,862 1,718,993 125,521
General Ralph E. Eberhart 102,619,661 1,930,294 125,421
Manny Fernandez 102,647,256 1,908,856 119,264
Georgette D. Kiser 101,852,532 2,701,905 120,939
Barbara l. Loughran 103,990,794 558,019 126,563
Robert A. McNamara 104,155,783 386,739 132,854
Peter J. Robertson 100,788,193 3,757,207 129,976
There were 9,814,810 broker non-votes in the election of directors.
Proposal No. 2: Advisory Vote to Approve the Company's Executive Compensation
For Against Abstain
90,692,459 13,654,592 328,325
There were 9,814,810 broker non-votes on the proposal.
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Proposal No. 3: Ratification of the Appointment of Ernst & Young LLP as the
Company's Independent Registered Public Accounting Firm for the Fiscal Year
Ending September 30, 2022
For Against Abstain
110,193,466 4,120,085 176,635
There were no broker non-votes on the proposal.
Item 8.01 Other Events
Changes to Committee Composition
Effective as of January 25, 2022, the following changes were made to the
composition of the Committees of the Board:
•Audit Committee: Ms. Linda Fayne Levinson retired from the Board and will no
longer serve as a member of the Committee.
•ESG and Risk Committee: (i) Mr. Robert C. Davidson, Jr. and Ms. Fayne Levinson
retired from the Board and will no longer serve as members of the Committee and
(ii) General Ralph E. Eberhart was added as a member.
•Nominating and Corporate Governance Committee: (i) Mr. Davidson retired from
the Board and will no longer serve as Chair or a member of the Committee, (ii)
General Eberhart has succeeded Mr. Davidson as Chair, (iii) Ms. Fayne Levinson
has retired from the Board and will no longer serve as a member of the
Committee, and (iv) Ms. Kiser was added as a member.
Dividend
On January 26, 2022, the Board declared a quarterly cash dividend payable to
shareholders in the amount of $0.23 per share of the Company's common stock.
This represents an 10% increase in the quarterly dividend. This dividend will be
paid on March 25, 2022 to shareholders of record as of the close of business on
February 25, 2022. Future dividend payments are subject to review and approval
by the Board.
Item 9.01 Financial Statements and Exhibits
(d)Exhibits:
3.1 Amended and Restated Bylaws, dated as of January 26, 2022
104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within
the Inline XBRL document
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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.
Dated: January 28, 2022
JACOBS ENGINEERING GROUP INC.
By: /s/ Kevin C. Berryman
Kevin C. Berryman
President
and Chief Financial Officer
(Principal Financial Officer)
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