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EX-99.1 - PRESS RELEASE OF CEC ENTERTAINMENT, INC. DATED MAY 3, 2012 - CEC ENTERTAINMENT INCd345919dex991.htm

 

 

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 1, 2012

 

 

CEC ENTERTAINMENT, INC.

(Exact name of registrant as specified in charter)

 

 

 

Kansas   1-13687   48-0905805

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

4441 West Airport Freeway

Irving, Texas

  75062
(Address of principal executive offices)   (Zip Code)

(972) 258-8507

(Registrant’s telephone number, including area code)

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))

 

 

 


Item 2.02. Results of Operations and Financial Condition.

On May 3, 2012, CEC Entertainment, Inc. (the “Company”) issued a press release announcing its financial results for the first quarter of 2012.

The information furnished in this Item 2.02 – “Results of Operations and Financial Condition” of this Current Report on Form 8-K and the press release attached hereto as Exhibit 99.1 shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of such section, and shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.

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

Set forth below is information concerning each matter submitted to a vote at the Company’s Annual Meeting of Stockholders held on May 1, 2012.

Proposal No. 1: The stockholders elected each of the following persons as a director to serve for a term of one year or until their successors are elected and qualified or until their earlier resignation or removal.

 

     For    Withheld    Broker Non-Votes

Richard M. Frank

   16,300,693    188,964    597,442

General (ret) Tommy Franks

   15,924,472    565,185    597,442

Tim T. Morris

   15,853,661    635,996    597,442

Louis P. Neeb

   16,288,863    200,794    597,442

Cynthia Pharr Lee

   15,867,052    622,605    597,442

Raymond E. Wooldridge

   15,856,885    632,772    597,442

Proposal No. 2: The stockholders approved, on an advisory basis, the compensation paid to the Company’s named executive officers, as disclosed in the Company’s proxy statement, including the Compensation Discussion and Analysis, compensation tables and narrative discussion.

 

For

   Against    Abstain    Broker Non-Votes

14,822,863

   1,457,358    209,436    597,442

Proposal No. 3: The stockholders re-approved the performance goals under the Company’s Incentive Bonus Plan for compliance with Internal Revenue Code Section 162(m).

 

For

   Against    Abstain    Broker Non-Votes

15,965,531

   312,463    211,663    597,442

Proposal No. 4: The stockholders re-approved the performance goals under the Company’s 2004 Restricted Stock Plan for compliance with Internal Revenue Code Section 162(m).

 

For

   Against    Abstain    Broker Non-Votes

15,458,983

   820,430    210,244    597,442

 

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Proposal No. 5: The stockholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the 2012 fiscal year.

 

For

   Against    Abstain    Broker Non-Votes

17,058,912

   22,956    5,231    0

No other matters were voted upon at the meeting.

Item 8.01. Other Events.

On May 1, 2012, the Company’s Board of Directors declared a cash dividend of $0.22 per share on the common stock of the Company. The cash dividend is payable on July 5, 2012 to stockholders of record as of June 7, 2012.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

 

Exhibit
Number

  

Description

99.1    Press Release of CEC Entertainment, Inc. dated May 3, 2012

 

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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.

 

    CEC ENTERTAINMENT, INC.
Date: May 3, 2012     By:   /s/ Tiffany B. Kice
      Tiffany B. Kice
      Executive Vice President, Chief Financial Officer and
      Treasurer

 

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EXHIBIT INDEX

 

Exhibit
Number

  

Description

99.1    Press Release of CEC Entertainment, Inc. dated May 3, 2012

 

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