form8k.htm
 
 

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 1, 2012
 
 
VSE CORPORATION
(Exact name of registrant as specified in its charter)
 
 
Delaware
(State or Other Jurisdiction
of Incorporation)
  
0-3676
 (Commission File Number)
  
54-0649263
 (IRS Employer
Identification Number)
 
 
2550 Huntington Avenue
    
Alexandria, VA
  
22303-1499
(Address of Principal Executive Offices)
  
(Zip Code)
 
 
(703) 960-4600
(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 2012 annual meeting of stockholders of VSE Corporation (the “Company”) was held on May 1, 2012.  At the annual meeting, the holders of 4,790,505 shares of common stock, which represents approximately 90.6% of the outstanding shares entitled to vote as of the record date of March 20, 2012, were represented in person or by proxy.  The proposals are described in more detail in the Company’s definitive proxy statement dated April 3, 2012 and filed with the Securities and Exchange Commission on April 3, 2012.
 
The final voting results for proposals 1, 2, 3 and 4, which were voted on by the stockholders at the annual meeting, are set forth below.
 
Proposal 1 - Election of Directors
 
With respect to the vote on the election of seven directors, each for a term of one year, to expire at the Company’s 2013 annual meeting of stockholders, the “for” votes received by each director represented a minimum of approximately 65.4% of the total number of shares that were either voted at the meeting or for which the authority to vote for the proposed nominee was withheld. The final voting results were as follows:
 
Director
For
     Withheld
       Broker Non-Vote
Ralph E. Eberhart
3,811,800
37,794
940,911
Maurice A. Gauthier
3,800,399
45,040
945,066
Clifford M. Kendall
3,806,364
39,075
945,066
Calvin S. Koonce
3,774,249
71,190
945,066
James F. Lafond
3,808,950
36,489
945,066
David M. Osnos
2,515,024
1,330,415
945,066
Bonnie K. Wachtel
3,774,253
71,186
945,066

 
Proposal 2 – Ratification of Independent Registered Public Accounting Firm for the year ending December 31, 2012.
 
With respect to the vote on the ratification of the selection by the Company’s audit committee of Ernst & Young LLP as the Company’s independent registered accounting firm for the 2012 fiscal year, the “for” votes received represented approximately 99.2% of the shares voted at the meeting. The final voting results were as follows:
 
For
Against
Abstentions
Broker Non-Vote
4,677,933
37,987
74,585
0

 
Proposal 3 – Advisory Vote to Approve the Company’s Executive Compensation.
 
With respect to the non-binding advisory vote to approve the Company’s executive compensation, the “for” votes received represented approximately 98.8% of the shares present at the meeting, in person or by proxy, and entitled to vote. The final voting results were as follows:
 
For
Against
Abstentions
Broker Non-Vote
3,672,558
44,433
128,448
945,066

 
Proposal 4 – Advisory Vote on the Frequency of Advisory Votes to Approve the Company’s Executive Compensation.
 
With respect to the non-binding advisory vote on the frequency of advisory votes to approve the Company’s executive compensation, the option of “one year” received 93.6% of the votes cast and is considered to be the option recommended by the stockholders.  The number of votes received for the options of one, two or three years, and the number of abstentions and broker non-votes, were as follows:
 
Votes For
1 Year Option
Votes For
2 Year Option
Votes For
3 Year Option
Abstentions
Broker Non-Vote
  
       3,582,519
               13,271
           233,254
           13,446
                  948,015
  

 
 
 

SIGNATURE
 
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 thereunto duly authorized.
 
 
 
    VSE CORPORATION
    (Registrant)
     
     
     
 Date:  May 4, 2012 By: /s/ Thomas M. Kiernan
    Thomas M. Kiernan
    Vice President, General Counsel and Secretary