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 9, 2020
Atlas Air Worldwide Holdings, Inc.
(Exact name of registrant as specified in its charter)
| Delaware | 001-16545 | 13-4146982 | ||
| (State or other jurisdiction | (Commission | (I.R.S. Employer | ||
| of incorporation) | File Number) | Identification No.) |
| 2000 Westchester Avenue, Purchase, New York | 10577 | |
| (Address of principal executive offices) | (Zip Code) |
914-701-8000
(Registrant’s telephone number, including area code)
Not Applicable
(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)) |
Securities registered pursuant to Section 12(b) of the Exchange Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
| Common Stock, $0.01 par value | AAWW | The NASDAQ Global Select Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(e) At the 2020 Annual Meeting of Shareholders of Atlas Air Worldwide Holdings, Inc. (“AAWW” or the “Company”) held on June 9, 2020, AAWW’s shareholders approved an amendment to the Atlas Air Worldwide Holdings, Inc. 2018 Incentive Plan (the “Plan”) to increase by 1,037,250 shares the total number of shares of AAWW Common Stock that may be issued pursuant to awards under the Plan. The amendment is described in detail in “Proposal No. 4 – Approval of an Amendment to Our 2018 Incentive Plan” in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on May 8, 2020, which description is incorporated herein by reference.
Item 5.07 Submission of Matters to a Vote of Security Holders
(a) & (b) On June 9, 2020, the Company held its 2020 Annual Meeting of Shareholders (the “Annual Meeting”). The final results of the shareholder vote on the four proposals brought before the Annual Meeting were as follows:
| (1) | All nominees for Director were elected to serve until the 2021 Annual Meeting of Shareholders or until their successors are elected and qualified. The following table sets forth the voting results with respect to each nominee: |
| Broker | ||||||||
| Nominee | Votes For | Votes Against | Abstentions | Non-Votes | ||||
| Timothy J. Bernlohr | 19,814,175 | 1,870,985 | 16,569 | 2,831,086 | ||||
| Charles F. Bolden, Jr. | 21,450,340 | 223,985 | 27,040 | 2,831,086 | ||||
| John W. Dietrich | 21,400,843 | 290,379 | 10,507 | 2,831,086 | ||||
| William J. Flynn | 21,073,026 | 608,704 | 19,999 | 2,831,086 | ||||
| Bobby J. Griffin | 20,271,026 | 1,403,906 | 26,794 | 2,831,086 | ||||
| Carol B. Hallett | 20,359,869 | 1,329,314 | 12,546 | 2,831,086 | ||||
| Jane H. Lute | 21,136,148 | 537,921 | 27,660 | 2,831,086 | ||||
| Duncan J. McNabb | 21,426,195 | 225,100 | 14,434 | 2,831,086 | ||||
| Sheila A. Stamps | 21,452,357 | 223,134 | 26,238 | 2,831,086 | ||||
| John K. Wulff | 21,115,731 | 560,975 | 25,023 | 2,831,086 |
| (2) | The appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2020 was ratified with the following votes: |
| Votes For | Votes Against | Abstentions | ||
| 23,660,913 | 850,974 | 20,928 |
| (3) | In a non-binding advisory vote on the compensation of the Company’s named executive officers as disclosed in the proxy statement prepared in connection with the Annual Meeting, the Company's shareholders voted as follows: |
| Votes For | Votes Against | Abstentions |
Broker Non-Votes |
|||
| 6,690,287 | 14,645,240 | 366,202 | 2,831,086 |
| (4) | An amendment to the Atlas Air Worldwide Holdings, Inc. 2018 Incentive Plan to increase the number of shares of the Company’s Common Stock authorized for issuance under such Plan by 1,037,250 shares was approved with the following votes: |
| Broker | ||||||
| Votes For | Votes Against | Abstentions | Non-Votes | |||
| 20,907,718 | 780,855 | 13,156 | 2,831,086 |
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.
| Atlas Air Worldwide Holdings, Inc. | |||
| By: | /s/ Adam R. Kokas | ||
| Name: Adam R. Kokas | |||
| Date: June 12, 2020 | Title: Executive Vice President, General Counsel and Secretary | ||