skx-8k_20200521.htm
false SKECHERS USA INC 0001065837 0001065837 2020-05-21 2020-05-21

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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 21, 2020

 

SKECHERS U.S.A., INC.

(Exact name of registrant as specified in its charter)

 

Delaware

001-14429

95-4376145

(State or other jurisdiction

(Commission

(I.R.S. Employer

of incorporation)

File Number)

Identification No.)

  

 

 

228 Manhattan Beach Boulevard,

Manhattan Beach, California

 

90266

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: (310) 318-3100

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))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

  

Trading Symbol(s)

  

Name of each exchange on which registered

Class A Common Stock, par value of $0.001 per share

  

SKX

  

New York Stock Exchange

 

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.

 

 

 

 


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

Skechers U.S.A., Inc. (the “Company”) held its Annual Meeting of Stockholders on May 21, 2020.  At the Annual Meeting, 334,958,344 votes were present in person or by proxy, which represented 93.2% of the total outstanding eligible votes.  The Company’s stockholders elected four directors to the Company’s Board of Directors and voted on two additional proposals at the Annual Meeting, as more fully described below.

Proposal No. 1 - Election of Directors

The stockholders elected four director nominees who were nominated by the Board of Directors to serve as directors of the Company for a three-year term expiring at the annual meeting of stockholders to be held in 2023 and until their respective successors are duly elected and qualified or until their death, resignation or removal.  The following sets forth the results of the voting with respect to each nominee:

Director Nominee

Votes For

Withheld

Katherine Blair

313,822,664

      21,135,680

Geyer Kosinski

305,537,121

      29,421,223

Richard Rappaport

310,098,795

      24,859,549

Richard Siskind

295,428,167

      39,530,177

Proposal No. 2 – Stockholder Proposal Requesting the Board of Directors to Adopt a Human Rights Policy

The stockholders voted against approval of this proposal requesting adoption of a human rights policy by the Company’s Board of Directors.  There were 271,988,170 votes, or 81.7% of the total number of votes cast, against this proposal, with 61,026,649 votes for it and 1,943,525 votes abstaining.

Proposal No. 3 – Proposal to Conduct Non-Binding Advisory Vote to Approve the Compensation of the Named Executive Officers

The stockholders voted, in a non-binding advisory vote, to approve the compensation of the Company’s Named Executive Officers.  There were 282,309,685 votes, or 84.6% of the total number of votes cast, for this proposal, with 51,554,154 votes against it and 1,094,505 votes abstaining.

 

 


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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.

 

 

 

SKECHERS U.S.A., INC.

  

 

 

 

 

May 26, 2020

 

By:

 

/s/ John Vandemore

 

 

 

 

 

 

 

 

 

Name: John Vandemore

 

 

 

 

Title: Chief Financial Officer

 

 

v3.20.1
Document And Entity Information
May 21, 2020
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date May 21, 2020
Entity Registrant Name SKECHERS USA INC
Entity Central Index Key 0001065837
Entity Emerging Growth Company false
Entity File Number 001-14429
Entity Incorporation, State or Country Code DE
Entity Tax Identification Number 95-4376145
Entity Address, Address Line One 228 Manhattan Beach Boulevard
Entity Address, City or Town Manhattan Beach
Entity Address, State or Province CA
Entity Address, Postal Zip Code 90266
City Area Code 310
Local Phone Number 318-3100
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Class A Common Stock, par value of $0.001 per share
Trading Symbol SKX
Security Exchange Name NYSE