Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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): June 2, 2011

 

 

INGERSOLL-RAND PLC

(Exact Name of Registrant as Specified in Its Charter)

 

 

 

Ireland   001-34400   98-0626632

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

170/175 Lakeview Dr.

Airside Business Park

Swords, Co. Dublin

Ireland

(Address of principal executive offices, including zip code)

+(353) (0) 18707400

(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)

 

¨ 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.

At the Annual General Meeting of Shareholders of Ingersoll-Rand plc (the “Company”) held on June 2, 2011, the Company’s shareholders (1) elected all eleven of the Company’s nominees for director; (2) approved the adoption of a new Senior Executive Performance Plan; (3) considered and approved an advisory proposal relating to the Company’s compensation of its named executive officers; (4) considered and approved the holding of an advisory vote on executive compensation on an annual basis; (5) authorized the Company and/or any of its subsidiaries to make market purchases of Company shares; and (6) approved the appointment of PricewaterhouseCoopers to serve as the Company’s independent auditors for the fiscal year ending December 31, 2011 and authorized the Audit Committee to set the auditors’ remuneration. Shares were voted on these proposals as follows:

Proposals 1(a)-(k). Election of eleven (11) directors to hold office until the Company’s next Annual General Meeting of Shareholders:

 

   

Nominees

   For      Against      Abstain      Broker Non
Vote
 

(a)

  Ann C. Berzin      243,939,918         3,819,392         1,143,973         21,184,510   

(b)

  John Bruton      240,659,870         7,019,391         1,224,022         21,184,510   

(c)

  Jared L. Cohon      234,147,605         13,504,378         1,251,300         21,184,510   

(d)

  Gary D. Forsee      240,525,856         7,076,291         1,301,136         21,184,510   

(e)

  Peter C. Godsoe      241,375,620         6,179,504         1,348,159         21,184,510   

(f)

  Edward E. Hagenlocker      243,890,587         3,724,203         1,288,493         21,184,510   

(g)

  Constance J. Horner      238,501,195         9,116,827         1,285,261         21,184,510   

(h)

  Michael W. Lamach      239,939,310         7,867,854         1,096,119         21,184,510   

(i)

  Theodore E. Martin      241,881,054         5,781,455         1,240,774         21,184,510   

(k)

  Richard J. Swift      240,190,070         7,598,683         1,114,530         21,184,510   

(l)

  Tony L. White      238,400,233         9,363,414         1,139,636         21,184,510   

Proposal 2. Approval of a new Senior Executive Performance Plan:

 

For   Against   Abstain   Broker Non Vote
235,874,149   11,336,757   1,692,377   21,184,510

Proposal 3. Approval of an advisory proposal relating to the Company’s compensation of its named executive officers:

 

For   Against   Abstain   Broker Non Vote
221,374,984   26,124,044   1,404,255   21,184,510

 

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Proposal 4. Approval of the frequency of the holding of an advisory proposal relating to the Company’s compensation of its named executive officers:

 

1 year   2 years   3 years   Abstain   Broker Non Vote
218,551,375   7,420,756   21,818,690   1,112,462   0

Proposal 5. Authorization of the Company and/or any of its subsidiaries to make market purchases of Company shares:

 

For   Against   Abstain   Broker Non Vote
264,586,678   4,122,801   1,378,314   0

Proposal 6. Appointment of PricewaterhouseCoopers as the independent auditors of the Company for the fiscal year ending December 31, 2011 and authorization of the Audit Committee to set the auditors’ remuneration:

 

For   Against   Abstain   Broker Non Vote
260,666,496   8,038,387   1,382,910   0

As described above, a plurality of the votes cast voted, in an advisory, non-binding vote, in favor of having a shareholder vote to approve the compensation of the Company’s named executive officers every year. In light of such vote, and consistent with the Company’s recommendation, the Company’s board of directors determined that it currently intends to include an advisory, non-binding vote to approve the compensation of the Company’s named executive officers every year until the next required vote on the frequency of shareholder votes on the compensation of the Company’s named executive officers.

 

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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.

 

  INGERSOLL-RAND PLC
Date: June 6, 2011  

/s/ Barbara A. Santoro

  Barbara A. Santoro
  Vice President – Corporate Governance and Secretary

 

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