Attached files

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EX-3.2 - AMENDMENT TO BYLAWS - E TRADE FINANCIAL Corpd351326dex32.htm
EX-3.1 - AMENDMENT TO CERTIFICATE OF INCORPORATION - E TRADE FINANCIAL Corpd351326dex31.htm
EX-99.2 - AUDIT COMMITTEE CHARTER - E TRADE FINANCIAL Corpd351326dex992.htm
EX-99.3 - GOVERNANCE COMMITTEE CHARTER - E TRADE FINANCIAL Corpd351326dex993.htm
EX-99.4 - RISK OVERSIGHT COMMITTEE CHARTER - E TRADE FINANCIAL Corpd351326dex994.htm
EX-99.1 - GOVERNANCE GUIDELINES - E TRADE FINANCIAL Corpd351326dex991.htm

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF THE

SECURITIES AND EXCHANGE ACT OF 1934

Date of report: May 10, 2012

(Date of earliest event reported)

 

 

E*TRADE FINANCIAL CORPORATION

(Exact name of registrant as specified in charter)

 

 

 

Delaware   1-11921   94-2844166

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

1271 Avenue of the Americas, 14th Floor, New York, New York 10020

(Address of principal executive offices and zip code)

Registrant’s telephone number, including area code: (646) 521-4300

 

 

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 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

Effective May 10, 2012, stockholders of E*TRADE Financial Corporation (the “Company”) approved an amendment to the Company’s Amended and Restated Certificate of Incorporation (“Charter”) to declassify the Company’s Board of Directors (the “Board”). The text of the amendment is filed as Exhibit 3.1 to this Current Report on Form 8-K and is incorporated herein by reference.

The Company’s Board had conditionally approved, subject to stockholder approval of the amendment to the Company’s Charter described above, an amendment to the Company’s Amended and Restated Bylaws to further implement the declassification of the Company’s Board. This amendment to the Company’s Bylaws became effective May 10, 2012. The text of the amendment is filed as Exhibit 3.2 to this Current Report on Form 8-K and is incorporated herein by reference.

 

Item 5.07 Submission of Matters to a Vote of Security Holders

At the Company’s Annual Meeting of Stockholders held on May 10, 2012, stockholders considered four proposals, each of which is described in more detail in the Company’s definitive proxy statement filed on March 30, 2012 for the Annual Meeting of Stockholders.

The vote results detailed below represent the final results as certified by the Inspector of Elections:

Proposal 1

Amendment to the Company’s Charter to declassify the Board.

 

For      Against      Abstain      Broker Non-Vote  
  200,053,049         1,101,625         6,343,971         39,560,967   

Proposal 2

Election of five directors for a term, resultant of the approval of Proposal 1, that will end at the Company’s Annual Meeting of Stockholders in 2013.

 

Director

   For      Against      Abstain  

Rodger. A Lawson

     203,371,225         939,059         3,188,361   

Frank J. Petrilli

     203,366,957         940,263         3,191,425   

Rebecca Saeger

     203,309,944         999,822         3,188,879   

Joseph L. Sclafani

     199,299,262         971,009         7,228,374   

Stephen H. Willard

     187,304,108         1,359,086         18,835,451   

Proposal 3

Approval, by a non-binding advisory vote, of compensation paid by the Company to its Named Executive Officers.

 

For      Against      Abstain  
  169,543,875         31,544,432         6,410,338   

Proposal 4

Ratification of the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the Company for 2012.

 

For      Against      Abstain  
  241,798,896         2,505,314         2,755,402   


Item 8.01 Other Events

On May 9, 2012, the Company’s Board approved amendments to each of the Company’s Governance Guidelines, Audit Committee Charter, Governance Committee Charter and Risk Oversight Committee Charter.

The Governance Guidelines, Audit Committee Charter, Governance Committee Charter and Risk Oversight Committee Charter are filed as Exhibits 99.1, 99.2, 99.3, and 99.4 respectively to this Current Report on Form 8-K and are incorporated herein by reference.


Item 9.01. Financial Statements and Exhibits

(d) Exhibits.

 

Exhibit
No.

  

Description

  3.1    Certificate of Amendment of the Amended and Restated Certificate of Incorporation, effective May 10, 2012
  3.2    Amendment to Bylaws, effective May 10, 2012
99.1    Governance Guidelines, effective May 9, 2012
99.2    Audit Committee Charter, effective May 9, 2012
99.3    Governance Committee Charter effective May 9, 2012
99.4    Risk Oversight Committee Charter effective May 9, 2012


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.

 

    E*TRADE FINANCIAL CORPORATION
Dated: May 10, 2012     By:  

/s/ Karl A. Roessner

      Name: Karl A. Roessner
      Title: Corporate Secretary