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): July 27, 2011
Bluegreen Corporation
(Exact name of registrant as specified in its charter)
| Massachusetts | 001-09292 | 03-0300793 | ||
| (State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
|
4960 Conference Way North, Suite 100 Boca Raton, Florida |
33431 | |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (561) 912-8000
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 (see General Instruction A.2. below):
| o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
| o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
| o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
| o | 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. |
The 2011 Annual Meeting of Shareholders (the “Annual Meeting”) of Bluegreen Corporation (the “Company”) was held on July 27, 2011. The results of the proposals submitted to a vote of the Company’s shareholders at the Annual Meeting are set forth below.
- Election of Directors
| The six director candidates, each of whom was nominated by the Company’s Board of Directors for election at the Annual Meeting to serve for a term expiring at the Company’s 2012 Annual Meeting of Shareholders, were elected by the following votes: |
| Director |
Votes For |
Votes Withheld |
Broker Non- Votes |
|||||||||
| Alan B. Levan | 25,650,306 | 855,384 | 3,714,869 | |||||||||
| John E. Abdo | 25,664,462 | 841,228 | 3,714,869 | |||||||||
| James R. Allmand, III | 25,797,201 | 708,489 | 3,714,869 | |||||||||
| Lawrence A. Cirillo | 25,718,532 | 787,158 | 3,714,869 | |||||||||
| Mark A. Nerenhausen | 25,762,597 | 743,093 | 3,714,869 | |||||||||
| Orlando Sharpe | 25,798,132 | 707,558 | 3,714,869 |
- Amendment of the Company’s 2006 Performance-Based Annual Incentive Plan
The amendment of the Company’s 2006 Performance-Based Annual Incentive Plan (and the approval of the material terms of the performance goals under the plan, as amended) was approved by the following vote:
|
Votes For |
Votes Withheld |
Abstentions |
Broker Non- Votes | ||||||
| 25,423,130 | 1,072,314 | 10,246 | 3,714,869 |
- Ratification of Appointment of Independent Registered Public Accounting Firm
| The appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for fiscal year 2011 was ratified by the following vote: |
|
Votes For |
Votes Withheld |
Abstentions |
Broker Non- Votes | ||||||
| 30,092,766 | 98,554 | 29,239 | 0 |
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.
| Date: July 27, 2011 | BLUEGREEN CORPORATION | |
| By: | /s/ Anthony M. Puleo | |
| Anthony M. Puleo | ||
| Senior Vice President, Chief Financial | ||
| Officer and Treasurer | ||