Form 8-K

 

 

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 7, 2013

 

 

THE TIMKEN COMPANY

(Exact Name of Registrant as Specified in its Charter)

 

 

 

Ohio   1-1169   34-0577130

(State or Other Jurisdiction of

Incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

1835 Dueber Avenue, S.W., Canton, Ohio   44706-2798
(Address of Principal Executive Offices)   (Zip Code)

(330) 438-3000

(Registrant’s Telephone Number, Including Area Code)

 

 

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 2013 Annual Meeting of Shareholders of The Timken Company held on May 7, 2013, the shareholders of the Company:

(1) elected the twelve Directors set forth below to serve for a term of one year expiring at the annual meeting in 2014 (or until their respective successors are elected and qualified);

 

NOMINEES

   FOR      WITHHOLD      BROKER NON-
VOTES
 

John M. Ballbach

     75,484,183         8,865,999         6,212,251   

Phillip R. Cox

     74,250,641         10,099,541         6,212,251   

Diane C. Creel

     75,287,959         9,062,223         6,212,251   

James W. Griffith

     74,167,333         10,182,849         6,212,251   

John A. Luke, Jr.

     61,228,040         23,122,142         6,212,251   

Joseph W. Ralston

     62,954,396         21,395,786         6,212,251   

John P. Reilly

     75,305,192         9,044,990         6,212,251   

Frank C. Sullivan

     63,397,099         20,953,083         6,212,251   

John M. Timken, Jr.

     50,269,578         34,080,604         6,212,251   

Ward J. Timken

     70,383,684         13,966,498         6,212,251   

Ward J. Timken, Jr.

     71,223,366         13,126,816         6,212,251   

Jacqueline F. Woods

     61,105,091         23,245,091         6,212,251   

(2) ratified the selection of Ernst & Young LLP as its independent auditor for the year ending December 31, 2013;

 

                             

FOR

   AGAINST    ABSTAIN

87,448,597

   2,415,211    698,625

(3) approved, on an advisory basis, the resolution set forth below regarding named executive officer compensation;

RESOLVED, that the compensation of the named executive officers as disclosed pursuant to the compensation disclosure rules of the Securities and Exchange Commission, including the Compensation Discussion & Analysis, the compensation tables and any related material disclosed in the Proxy Statement, is hereby APPROVED.

 

FOR

  

AGAINST

  

ABSTAIN

  

BROKER NON-
VOTES

73,634,828

   9,875,285    839,910    6,212,251

(4) approved amendments to the Company’s Amended Articles of Incorporation to reduce certain shareholder voting requirements;

 

FOR

  

AGAINST

  

ABSTAIN

  

BROKER NON-

VOTES

81,449,792

   2,149,454    750,920    6,212,251

(5) approved amendments to the Company’s Amended Regulations to reduce certain shareholder voting requirements; and

 

FOR

  

AGAINST

  

ABSTAIN

  

BROKER NON-
VOTES

81,440,767

   2,158,831    750,571    6,212,251

 

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(6) approved a shareholder proposal recommending that the Board of Directors engage an investment banking firm to effectuate a spin-off of the Company’s steel business segment into a separately-traded public company.

 

FOR

  

AGAINST

  

ABSTAIN

  

BROKER NON-

VOTES

44,650,584

   38,994,420    702,181    6,212,251

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.

 

THE TIMKEN COMPANY
By:   /s/ William R. Burkhart
 

William R. Burkhart

Senior Vice President and General Counsel

Date: May 8, 2013

 

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