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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): May 20, 2020

 

UNITED AIRLINES HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

 

 

Delaware   001-06033   36-2675207
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer
Identification Number)

 

 

233 S. Wacker Drive, Chicago,IL   60606
(Address of principal executive offices)   (Zip Code)

 

(872) 825-4000

Registrant’s telephone number, including area code

 

(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)

 

o      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o      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 Act:

 

Title of each class   Trading Symbol   Name of each exchange on which registered
Common Stock, $0.01 par value   UAL   The Nasdaq Stock Market LLC

 

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 5.07 Submission of Matters to a Vote of Security Holders.

 

On May 20, 2020, United Airlines Holdings, Inc. (the “Company”) held its 2020 Annual Meeting of Stockholders (the “Annual Meeting”). The proposals submitted to the stockholders at the Annual Meeting were as follows:

 

    Proposal 1 – the election of the nominees to the Company’s Board of Directors (the “Board”);

 

    Proposal 2 – the ratification of the appointment of Ernst & Young LLP as the independent registered public accounting firm of the Company and its subsidiaries for the fiscal year ending December 31, 2020;

 

    Proposal 3 – an advisory vote to approve the compensation of the Company’s named executive officers, as presented in the Company’s definitive proxy statement;
       
    Proposal 4 – a stockholder proposal regarding stockholder action by written consent;
       
    Proposal 5 – a stockholder proposal regarding a report on lobbying spending; and
       
    Proposal 6 – a stockholder proposal regarding global warming-related lobbying activities.

 

Each proposal is described in detail in the Company’s definitive proxy statement, which was filed with the Securities and Exchange Commission on April 9, 2020.

 

At the Annual Meeting, the Company’s stockholders elected each director nominee to the Board and ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm of the Company and its subsidiaries for the fiscal year ending December 31, 2020. The stockholders approved, in an advisory vote, the compensation of the Company’s named executive officers, as presented in the Company’s definitive proxy statement. The stockholder proposals were not approved by the Company’s stockholders. The final voting results for each proposal, including the number of votes cast for and against, and the number of abstentions and broker non-votes, as applicable, are set forth below.

 

Proposal 1 – Election of Directors

 

In accordance with the Company’s Amended and Restated Bylaws, the Company’s stockholders elected a total of 13 director nominees to the Board, of which 11 director nominees were elected by the holders of the Company’s common stock, one director nominee was elected by the holder of the Company’s one share of Class Pilot MEC Junior Preferred Stock, and one director nominee was elected by the holder of the Company’s one share of Class IAM Junior Preferred Stock.

 

The holders of the Company’s common stock elected the 11 director nominees listed in the table below.

 

   For   Against   Abstain   Broker Non-Votes 
Carolyn Corvi   176,529,805    1,830,148    830,923    40,328,188 
Barney Harford   175,512,649    2,831,863    846,364    40,328,188 
Michele J. Hooper   175,779,650    2,575,791    835,435    40,328,188 
Walter Isaacson   173,920,876    4,380,509    889,491    40,328,188 
James A. C. Kennedy   175,662,210    2,633,912    894,754    40,328,188 
J. Scott Kirby   175,653,735    2,933,013    604,128    40,328,188 
Oscar Munoz   176,447,295    2,198,523    545,058    40,328,188 
Edward M. Philip   170,026,927    8,208,332    955,617    40,328,188 
Edward L. Shapiro   175,626,639    2,743,037    821,200    40,328,188 
David J. Vitale   173,896,024    4,481,277    813,575    40,328,188 
James M. Whitehurst   174,904,887    3,438,856    847,133    40,328,188 

 

 

 

In addition, the United Airlines Pilots Master Executive Council of the Air Line Pilots Association, International (“ALPA”), the holder of the Company’s one share of Class Pilot MEC Junior Preferred Stock, elected Todd M. Insler as the ALPA director, and the International Association of Machinists and Aerospace Workers (“IAM”), the holder of the Company’s one share of Class IAM Junior Preferred Stock, elected Sito J. Pantoja as the IAM director.

 

Proposal 2 – Ratification of Appointment of Ernst  & Young LLP as the Independent Registered Public Accounting Firm of the Company and its Subsidiaries for the Fiscal Year Ending December 31, 2020

 

The Company’s stockholders ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm of the Company and its subsidiaries for the fiscal year ending December 31, 2020.

 

For   Against   Abstain   Broker Non-Votes 
 214,498,234    3,432,620    1,588,212     

 

Proposal 3 – Advisory Vote to Approve the Compensation of the Company’s Named Executive Officers

 

The Company’s stockholders approved, in an advisory and non-binding vote, the compensation of the Company’s named executive officers, as presented in the Company’s definitive proxy statement.

 

For   Against   Abstain   Broker Non-Votes 
 171,786,866    6,344,808    1,059,204    40,328,188 

 

Proposal 4 – Stockholder Proposal Regarding Stockholder Action by Written Consent

 

The stockholder proposal regarding stockholder action by written consent was not approved by the Company’s stockholders. 

 

For   Against   Abstain   Broker Non-Votes 
 43,164,477    134,949,916    1,076,485    40,328,188 

 

Proposal 5 – Stockholder Proposal Regarding a Report on Lobbying Spending

 

The stockholder proposal regarding a report on lobbying spending was not approved by the Company’s stockholders.  

 

For   Against   Abstain   Broker Non-Votes 
 51,325,465    126,778,616    1,086,797    40,328,188 

 

Proposal 6 – Stockholder Proposal Regarding a Report on Global Warming-Related Lobbying Activities

 

The stockholder proposal regarding a report on global warming-related lobbying activities was not approved by the Company’s stockholders.  

 

For   Against   Abstain   Broker Non-Votes 
 56,036,423    122,126,486    1,027,969    40,328,188 

 

 

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.

 

  UNITED AIRLINES HOLDINGS, INC.
     
     
  By:  /s/ Jennifer L. Kraft
  Name: Jennifer L. Kraft
  Title: Vice President and Secretary
     
     
Date:  May 22, 2020