secwatch.observer — SEC 8-K summary
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Issuer:     G III APPAREL GROUP LTD /DE/ (GIII)
CIK:        0000821002
Form:       8-K
Filed at:   2022-06-14T23:59:59+00:00
Accession:  0001558370-22-010017
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

G-III say-on-pay fails with 32.5M against; three directors who lost majority support remain
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- Advisory say-on-pay vote received 9.5M for, 32.5M against, 122K abstentions; company will consider results.
- Directors Herrero, Pomerantz, White each had more withheld than for votes; Board declined their resignations.
- Shareholders approved amendment to 2015 Long-Term Incentive Plan, adding 1.2M authorized shares.
- Ernst & Young ratified as independent auditor for FY2023 with 42.6M for, 2.3M against.
- Board cites overboarding for Herrero and bonus concerns for White and Pomerantz as reasons for retaining them.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/821002/000155837022010017/0001558370-22-010017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/821002/000155837022010017/giii-20220609x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-010017

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