Nasdaq, Inc.
NASDAQ, INC. (Form: 8-K, Received: 05/12/2017 16:27:34)





Washington, D.C. 20549







Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 12, 2017 (May 10, 2017)



Nasdaq, Inc.

(Exact name of registrant as specified in its charter)




Delaware   000-32651   52-1165937

(State or other jurisdiction

of incorporation)



File Number)


(I.R.S. Employer

Identification No.)

One Liberty Plaza, New York, New York   10006
(Address of principal executive offices)   (Zip code)

Registrant’s telephone number, including area code: +1 212 401 8700

No change since last report

(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))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐




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

At the annual meeting of stockholders of Nasdaq, Inc. (“Nasdaq” or the “Company”) held on May 10, 2017, the stockholders elected each of Nasdaq’s nominees for director to serve for terms of one year and until their successors are duly elected and qualified. The stockholders also approved the Company’s executive compensation on an advisory basis, as well as an advisory vote to conduct future advisory votes on executive compensation every year. The stockholders ratified the appointment of Ernst & Young LLP as Nasdaq’s independent registered public accounting firm for the fiscal year ending December 31, 2017. The stockholders did not approve the stockholder proposal entitled “Right to Act by Written Consent.”

The table below shows the voting results, which exclude excess shares that were ineligible to vote as a result of the 5% voting limitation in the Company’s amended and restated certificate of incorporation.


         For      Against      Abstain      Broker

Proposal 1:

  Election of Directors               
  Melissa M. Arnoldi      99,840,891        45,341        82,186        8,284,307     
  Charlene T. Begley      99,824,087        97,573        46,758        8,284,307     
  Steven D. Black      99,061,405        859,729        47,284        8,284,307     
  Adena T. Friedman      99,846,882        82,536        39,000        8,284,307     
  Glenn H. Hutchins      98,864,856        1,054,396        49,166        8,284,307     
  Essa Kazim      99,833,909        93,182        41,327        8,284,307     
  Thomas A. Kloet      99,841,555        80,452        46,411        8,284,307     
  Michael R. Splinter      99,211,096        709,457        47,865        8,284,307     
  Lars R. Wedenborn      99,852,593        69,415        46,410        8,284,307     
       For        Against        Abstain       


Proposal 2:

  Approve the Company’s Executive
Compensation on an Advisory Basis
     98,260,574        1,645,025        62,819        8,284,307     
       1 Year        2 Years        3 Years        Abstain       

Proposal 3:

  Advisory Vote on the Frequency
of Future Advisory Votes on Executive
     89,164,148        61,912        10,684,659        57,699        8,284,307  
       For        Against        Abstain       


Proposal 4:

  Ratify the Appointment of Ernst &
Young LLP as Nasdaq’s Independent
Registered Public Accounting Firm for
the Fiscal Year Ending December 31,
     106,489,474        1,647,672        115,579        N/A     
       For        Against        Abstain       


Proposal 5:

  Consider the Stockholder Proposal
Entitled “Right to Act by Written
     44,870,504        54,682,764        415,150        8,284,307     

Consistent with its stockholders’ vote on Proposal 3, Nasdaq shall include an advisory vote of the stockholders on executive compensation in Nasdaq’s proxy materials once every year until the next stockholder vote on the frequency of advisory votes on executive compensation.


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.


Dated: May 12, 2017     Nasdaq, Inc.
    By:   /S/ EDWARD S. KNIGHT
            Edward S. Knight
            Executive Vice President and General Counsel