8-K
filed September 22, 2023, 7:59 PM ET
ticker HLI
CIK 0001302215
other
confidence high
sentiment neutral
materiality 0.20
Houlihan Lokey shareholders approve charter amendment for officer exculpation, elect directors
HOULIHAN LOKEY, INC.
- Approved Second Amended and Restated Certificate of Incorporation with officer exculpation provision; effective Sept 21, 2023.
- Elected Class II directors Irwin N. Gold (204.8M for), Cyrus D. Walker (198.0M for), Gillian B. Zucker (221.8M for).
- Advisory vote on executive compensation passed with 217.4M for vs 8.8M against.
- Ratified KPMG as auditor for fiscal year ending March 31, 2024 with 227.4M for.
Key facts
Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
HOULIHAN LOKEY, INC.: Amended and restated certificate of incorporation to provide exculpation for officers, eliminate inoperative provisions, and update related provisions (effective 2023-09-21).
- Change
- charter amendment
- Effective
- 2023-09-21
Exact text from the filing
On September 20, 2023, Houlihan Lokey, Inc. (the “Company”) held its annual meeting of stockholders (the “Annual Meeting”), as further described in Item 5.07 below, at which the Company’s stockholders approved an amendment and restatement of the Company’s Amended and Restated Certificate of Incorporation to provide exculpation from liability for certain officers to the extent permitted by the Delaware General Corporate Law, eliminate inoperative or historical provisions, and update certain other related miscellaneous provisions (the “Amended Charter”). The Amendment was filed with the State of Delaware on September 21, 2023, and became effective on September 21, 2023.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
HOULIHAN LOKEY, INC. shareholders approved Advisory vote on executive compensation at the 2023-09-20 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-09-20
Exact text from the filing
Proposal 2: Approval of Non-Binding, Advisory Vote on Executive Compensation Votes For Votes Against Abstentions Broker Non-Votes 217,443,187 8,831,426 71,540 2,153,520
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
HOULIHAN LOKEY, INC. shareholders approved Ratification of KPMG LLP as independent registered public accounting firm for fiscal year ending March 31, 2024 at the 2023-09-20 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-09-20
Exact text from the filing
Proposal 3: Ratification of Independent Registered Public Accounting Firm Votes For Votes Against Abstentions Broker Non-Votes 227,354,899 1,084,034 60,740 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
HOULIHAN LOKEY, INC. shareholders approved Election of three Class II directors to serve until the 2026 annual meeting at the 2023-09-20 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-09-20
Exact text from the filing
Proposal 1: Election of Class II Directors Nominee Votes For Votes Withheld Broker Non-Votes Irwin N. Gold 204,808,721 21,535,542 2,155,410 Cyrus D. Walker 197,960,324 28,383,939 2,155,410 Gillian B. Zucker 221,764,492 4,581,658 2,153,523
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
HOULIHAN LOKEY, INC. shareholders approved Amend and restate the Amended and Restated Certificate of Incorporation to provide officer exculpation and eliminate historical provisions at the 2023-09-20 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2023-09-20
Exact text from the filing
Proposal 4: Amend and Restate the Amended and Restated Certificate of Incorporation Votes For Votes Against Abstentions Broker Non-Votes 195,390,127 30,887,664 68,362 2,153,520
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.