8-K
filed May 19, 2023, 7:59 PM ET
ticker WTS
CIK 0000795403
other material
confidence high
sentiment neutral
materiality 0.15
Watts Water shareholders approve all proposals at 2023 Annual Meeting including officer exculpation amendment
WATTS WATER TECHNOLOGIES INC
- All nine director nominees elected; highest votes for Conway at 74.8M for, 8.9M withheld.
- Say-on-pay advisory vote approved by 98.2% of votes cast (82.3M for, 1.5M against).
- Shareholders selected one-year frequency for future say-on-pay votes with 99.1% support (83.0M votes for one year).
- Amendment to certificate of incorporation to exculpate officers approved by 79.0% of outstanding shares (68.8M for, 15.0M against).
- Ratification of KPMG as independent auditor for FY2023 approved with 97.7% of votes cast (82.8M for, 1.9M against).
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
WATTS WATER TECHNOLOGIES INC shareholders approved Advisory Vote on the Frequency of Future Advisory Votes on Named Executive Officer Compensation at the 2023-05-17 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-05-17
Exact text from the filing
“One Year,” having received the affirmative vote of the holders of 99.1% of the votes present or represented by proxy and entitled to vote at the 2023 Annual Meeting, was approved on an advisory basis.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
WATTS WATER TECHNOLOGIES INC shareholders approved Advisory Vote on Named Executive Officer Compensation at the 2023-05-17 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-05-17
Exact text from the filing
The results of the non-binding advisory vote on the compensation paid to the Company’s named executive officers were as follows:
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
WATTS WATER TECHNOLOGIES INC shareholders approved Approval of Amendment to Certificate of Incorporation to provide for the exculpation of officers at the 2023-05-17 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2023-05-17
Exact text from the filing
The results of the vote to approve an amendment to the Company’s Certificate of Incorporation to provide for the exculpation of officers of the Company with respect to certain breaches of an officer’s duty of care were as follows:
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
WATTS WATER TECHNOLOGIES INC shareholders approved Election of Directors at the 2023-05-17 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-05-17
Exact text from the filing
Each of the following nine persons was elected as a Director of the Company for a term expiring at the Company's 2024 Annual Meeting of Stockholders and until such Director's successor is duly elected and qualified.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
WATTS WATER TECHNOLOGIES INC shareholders approved Ratification of Independent Registered Public Accounting Firm at the 2023-05-17 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-05-17
Exact text from the filing
The votes regarding the ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 were as follows:
View on SEC.gov
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