Form 8-K

 

 

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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 10, 2011 (May 4, 2011)

 

 

GENERAL DYNAMICS CORPORATION

(Exact Name of Registrant as Specified in Its Charter)

 

 

 

Delaware   1-3671   13-1673581

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

2941 Fairview Park Drive, Suite 100, Falls Church, Virginia   22042-4513
(Address of Principal Executive Offices)   (Zip Code)

(703) 876-3000

(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))

 

 

 


Item 5.07 Submission of Matters to a Vote of Security Holders

The Annual Meeting of Shareholders of the company, for which proxies were solicited pursuant to Regulation 14A under the Securities Exchange Act of 1934, as amended, was held on May 4, 2011.

In an uncontested election, each of the following nominees was elected to the Board of Directors according to the following votes:

 

     For      Against      Abstain      Broker Non-
Votes
 

Mary T. Barra

     312,902,792         820,533         1,038,898         25,141,522   

Nicholas D. Chabraja

     311,512,220         2,284,590         965,413         25,141,522   

James S. Crown

     291,528,491         22,138,029         1,095,703         25,141,522   

William P. Fricks

     306,769,394         6,972,581         1,020,248         25,141,522   

Jay L. Johnson

     311,179,445         2,592,760         990,018         25,141,522   

George A. Joulwan

     304,807,740         8,932,815         1,021,668         25,141,522   

Paul G. Kaminski

     304,891,116         8,865,227         1,005,881         25,141,522   

John M. Keane

     313,206,755         538,843         1,016,625         25,141,522   

Lester L. Lyles

     311,270,696         2,453,422         1,038,105         25,141,522   

William A. Osborn

     313,042,701         688,938         1,030,584         25,141,522   

Robert Walmsley

     313,164,052         582,671         1,015,500         25,141,522   

The results of voting on Proposals 2 through 6 (as numbered in the company’s 2011 Proxy Statement) were as follows:

Proposal 2. Shareholders approved the selection of KPMG LLP as the company’s independent auditors for 2011.

 

     For      Against      Abstain      Broker Non-
Votes
 

Approval of KPMG as Independent Auditors

     335,856,670         3,060,941         986,134         —     

 

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Proposal 3. Shareholders approved, on an advisory basis, the compensation paid to the company’s named executive officers, as disclosed pursuant to Item 402 of Regulation S-K and contained in the 2011 Proxy Statement, including the Compensation Discussion and Analysis, compensation tables and narrative discussion.

 

     For      Against      Abstain      Broker Non-
Votes
 

Advisory Vote on Executive Compensation

     269,993,922         40,627,624         4,140,677         25,141,522   

Proposal 4. Shareholders recommended, on an advisory basis, that Future Advisory Compensation Votes (as defined in the 2011 Proxy Statement) be held every year.

 

     Every
Year
     Every
Two Years
     Every
Three Years
     Abstain      Broker
Non-votes
 

Advisory Vote on Frequency of Future Advisory Compensation Votes

     180,256,473         1,315,664         132,705,042         485,045         25,141,522   

The Board of Directors intends, consistent with the above vote, to hold Future Advisory Compensation Votes every year.

Proposal 5. Shareholders rejected a shareholder proposal requesting management review policies related to human rights and to report its findings by December 2011.

 

     For      Against      Abstain      Broker Non-
Votes
 

Shareholder Proposal with regard to Human Rights Policy

     55,268,952         216,465,262         43,028,009         25,141,522   

 

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Proposal 6. Shareholders rejected a shareholder proposal requesting that the board take the steps necessary to amend the company’s bylaws and each appropriate governing document to give holders of 10% of the company’s outstanding common stock the power to call a special shareholder meeting.

 

     For      Against      Abstain      Broker Non-
Votes
 

Shareholder Proposal with regard to Special Shareholder Meetings

     121,536,311         191,987,702         1,238,210         25,141,522   

 

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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.

 

GENERAL DYNAMICS CORPORATION

by  

/s/ Jason W. Aiken

 

Jason W. Aiken

Vice President and Controller

(Authorized Officer and Chief Accounting Officer)

Dated: May 10, 2011

 

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