Penske Automotive Group, Inc. (Form: 8-K)  

 

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 4, 2016

Penske Automotive Group, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

     
Delaware 1-12297 22-3086739
_____________________
(State or other jurisdiction 		_____________
(Commission 		______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
2555 Telegraph Road, Bloomfield Hills, Michigan   48302
_________________________________
(Address of principal executive offices) 		  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   248-648-2500

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))

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Item 5.07 Submission of Matters to a Vote of Security Holders.

Our 2016 Annual Meeting of Stockholders was held on May 4, 2016. At the Annual Meeting, all measures were approved in accordance with the shareholder voting results noted below.

Proposal 1

The twelve director nominees named in our proxy statement were elected, each for a term expiring at the next Annual Meeting of Stockholders or until their successors are duly elected and qualified, based upon the following votes:

                         
NOMINEE   FOR   WITHHELD   NON-VOTES
John D. Barr
     68,102,500       9,167,849       4,356,738  
Michael R. Eisenson
     66,823,113       10,447,236       4,356,738  
Robert H. Kurnick, Jr.
     75,844,100       1,426,249       4,356,738  
William J. Lovejoy
     76,600,840       669,509       4,356,738  
Kimberly J. McWaters
     64,602,701       12,667,648       4,356,738  
Lucio A. Noto
     75,823,348       1,447,001       4,356,738  
Greg Penske
     75,840,661       1,429,688       4,356,738  
Roger S. Penske
     75,414,553       1,855,796       4,356,738  
Sandra E. Pierce
     75,760,329       1,510,020       4,356,738  
Kanji Sasaki
     75,834,410       1,435,939       4,356,738  
Ronald G. Steinhart
     68,101,329       9,169,020       4,356,738  
H. Brian Thompson
     73,935,308       3,335,041       4,356,738  

Proposal 2

The proposal to ratify the selection of Deloitte LLP as our independent registered public accounting firm for 2016 was approved based upon the following votes:

                 
FOR   AGAINST   ABSTAIN
81,023,853
    585,304       17,930  

Proposal 3

The proposal to approve, on an advisory basis, our executive compensation was approved based upon the following votes:

                         
FOR   WITHHELD   ABSTAIN   BROKER NON-VOTES
76,975,738
    252,557       42,054       4,356,738  

Item 8.01 Other Events.

Dividend Announcement

On May 4, 2016, we announced that our Board of Directors has approved a quarterly dividend in the amount of $0.27 per share payable June 1, 2016 to shareholders of record as of May 16, 2016, as discussed more fully in the press release incorporated herein and attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

99.1 Press Release.

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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.

         
    Penske Automotive Group, Inc.
          
May 10, 2016   By:   /s/ Shane M. Spradlin
       
        Name: Shane M. Spradlin
        Title: Executive Vice President

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Exhibit Index


     
Exhibit No.   Description
 
99.1
  Press Release.