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Emerson Electric Co. – ‘8-K’ for 2/6/24

On:  Friday, 2/9/24, at 4:06pm ET   ·   For:  2/6/24   ·   Accession #:  1193125-24-29918   ·   File #:  1-00278

Previous ‘8-K’:  ‘8-K’ on / for 2/7/24   ·   Latest ‘8-K’:  This Filing   ·   1 Reference:  To:  Emerson Electric Co. – ‘DEF 14A’ on 12/8/23 for 2/6/24

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/09/24  Emerson Electric Co.              8-K:5,9     2/06/24   11:215K                                   Donnelley … Solutions/FA

Current Report   —   Form 8-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     50K 
 6: R1          Document and Entity Information                     HTML     56K 
 8: XML         IDEA XML File -- Filing Summary                      XML     12K 
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 7: EXCEL       IDEA Workbook of Financial Report Info              XLSX      8K 
 3: EX-101.DEF  XBRL Definitions -- emr-20240206_def                 XML     47K 
 4: EX-101.LAB  XBRL Labels -- emr-20240206_lab                      XML     75K 
 5: EX-101.PRE  XBRL Presentations -- emr-20240206_pre               XML     47K 
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 9: JSON        XBRL Instance as JSON Data -- MetaLinks               15±    23K 
10: ZIP         XBRL Zipped Folder -- 0001193125-24-029918-xbrl      Zip     17K 


‘8-K’   —   Current Report


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 iX: 
  8-K  
 i 0000032604  i false 0000032604 2024-02-06 2024-02-06 0000032604 exch:XNYS emr:CommonStockof0.50parvaluepershareMember 2024-02-06 2024-02-06 0000032604 emr:A0.375Notesdue2024Member 2024-02-06 2024-02-06 0000032604 emr:A1.250Notesdue2025Member 2024-02-06 2024-02-06 0000032604 emr:A2.000Notesdue2029Member 2024-02-06 2024-02-06

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM  i 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):  i February 6, 2024

 

 

 i Emerson Electric Co.

(Exact name of registrant as specified in its charter)

 

 

 

 i Missouri    i 1-278    i 43-0259330

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

 i 8000 West Florissant Avenue,  i St. Louis,  i Missouri  i 63136
(Address of principal executive offices and zip code)

Registrant’s telephone number, including area code: ( i 314)  i 553-2000

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:

 

 i 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 i 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 i 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 i 

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
Symbols

 

Name of each exchange
on which registered

 i Common Stock, $0.50 par value per share    i EMR  

 i New York Stock Exchange

NYSE Chicago

 i 0.375% Notes due 2024    i EMR 24    i New York Stock Exchange
 i 1.250% Notes due 2025    i EMR 25A    i New York Stock Exchange
 i 2.000% Notes due 2029    i EMR 29    i 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  i 

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 5.02.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

At the Company’s Annual Meeting of Shareholders on February 6, 2024, the Company’s shareholders approved the Emerson Electric Co. 2024 Equity Incentive Plan (the “Plan”). The description of the Plan on pages 64-71 of the Company’s Proxy Statement dated December 8, 2024 (the “Proxy Statement”), is incorporated herein by reference.

The foregoing description of the Plan does not purport to be complete and is qualified in its entirety by reference to the full text of the Plan, which is filed as Exhibit 10.1 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.

The final results for each of the matters submitted to a vote at the Company’s 2024 Annual Meeting of Shareholders held on February 6, 2024 are as follows:

Proposal 1: The four Directors named in the Proxy Statement were elected by the shareholders, by the votes set forth in the table below:

 

Nominee

 

For

 

Against

 

Abstain

 

Broker
Non-Votes

Mark A. Blinn   378,990,098   29,908,246   3,818,236   77,401,488
Leticia Gonçalves Lourenco   406,072,003   2,745,769   3,898,808   77,401,488
James M. McKelvey   402,163,521   6,639,636   3,913,423   77,401,488
James S. Turley   344,274,997   67,646,303   795,280   77,401,488

Proposal 2: The Company’s executive compensation, as described in the Proxy Statement, was approved by the non-binding advisory votes of the shareholders set forth below:

 

For

 

Against

 

Abstain

 

Broker Non-Votes

385,189,173   25,513,282   2,014,125   77,401,488

Proposal 3: The proposal to approve an amendment to the Company’s Restated Articles of Incorporation to declassify the Board of Directors, as described in the Proxy Statement, which required the vote of 85% of outstanding shares in favor for approval, was not approved by the shareholders, by the votes set forth below:

 

For

 

Against

 

Abstain

 

Broker Non-Votes

405,348,013   6,024,713   1,343,854   77,401,488

Proposal 4: The Company’s 2024 Equity Incentive Plan, as described in the Proxy Statement, was approved by the shareholders, by the votes set forth below:

 

For

 

Against

 

Abstain

 

Broker Non-Votes

392,800,861   18,196,045   1,719,674   77,401,488

Proposal 5: The appointment of KPMG LLP as the Company’s independent registered public accounting firm for fiscal 2024 was ratified by the shareholders, by the votes set forth below:

 

For

 

Against

 

Abstain

464,903,327   24,189,893   1,024,848

Proposal 6: The shareholder proposal requesting the implementation of a simple majority vote requirement, as described in the Proxy Statement, was approved by the shareholders, by the votes set forth below:

 

For

 

Against

 

Abstain

 

Broker Non-Votes

293,359,164   117,143,579   2,213,837   77,401,488


Item 9.01.

Financial Statements and Exhibits.

(d) Exhibits.

 

Exhibit Number

  

Description of Exhibits

10.1    Emerson Electric Co. 2024 Equity Incentive Plan, incorporated by reference to the Appendix C to the Company’s Proxy Statement for the 2024 Annual Meeting of Shareholders dated December 8, 2023, File No. 1-278.
104    Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.


SIGNATURE

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: February 9, 2024     EMERSON ELECTRIC CO.
    By:  

/s/ John A. Sperino

      John A. Sperino
      Vice President and Assistant Secretary

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘8-K’ Filing    Date    Other Filings
12/8/24
Filed on:2/9/24
For Period end:2/6/244,  DEF 14A,  PRE 14A
 List all Filings 


1 Previous Filing that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

12/08/23  Emerson Electric Co.              DEF 14A     2/06/24   11:14M                                    Donnelley … Solutions/FA
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