South Carolina Stockholder proposal of the Tribune Co. proposing to require reports to stockholders on progress with equal employment opportunity and affirmative action programs
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How to fill out Stockholder Proposal Of The Tribune Co. Proposing To Require Reports To Stockholders On Progress With Equal Employment Opportunity And Affirmative Action Programs?
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FAQ
The proposal must be received at the company's principal executive offices not less than 120 calendar days before the date of the company's proxy statement released to shareholders in connection with the previous year's annual meeting.
Although shareholder proposals are non-binding, proposals that are approved ? or that fail but with a substantial level of support ? will give rise to an expectation that the company will address the subject matter of the proposal in the months following the annual meeting.
A proposal should be received before, or by close of business of the company's filing deadline. Companies publish their filing deadlines in their proxy statements and these dates vary from year to year. Proposals must be received no less than 120 days before the release of the previous year's proxy statement.
Rule 14a-8 of the Securities Exchange Act of 1934 provides a framework allowing a public company shareholder to request that a proposal be included in the company's proxy statement, to be voted upon at a company's shareholder meeting.
Under Rule 14a-8(j), a company seeking to exclude a shareholder proposal must file its reasons with the Commission no later than 80 calendar days before it files its definitive proxy statement and form of proxy with the Commission. The staff will endeavor to respond to all requests within this time frame.
Include the shareholder proposal and related supporting statement in its proxy statement and list the shareholder proposal on its proxy card. Submit the proposal to a vote at the shareholders' meeting along with the company's proposals.
Shareholders are permitted to introduce a proposal to a company. This is a closely regulated process. Each shareholder can only present one resolution a year to a company.
(h) Question 8: Must I appear personally at the shareholders' meeting to present the proposal? (1) Either you, or your representative who is qualified under state law to present the proposal on your behalf, must attend the meeting to present the proposal.
Prevalence of Types of Proposals Shareholder proposals generally fall into one of six categories ? governance, social, environmental, lobbying, compensation and director elections.