Penske Automotive Group, Inc. (Form: 8-K)  

 


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 2, 2014

Penske Automotive Group, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

     
Delaware 1-12297 22-3086739
_____________________
(State or other jurisdiction
_____________
(Commission
______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
2555 Telegraph Road, Bloomfield Hills, Michigan   48302
_________________________________
(Address of principal executive offices)
  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   248-648-2500

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))


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

Our 2014 Annual Meeting of Stockholders was held on May 2, 2014. At the Annual Meeting, the stockholders cast their votes as set forth below.

Proposal 1

The twelve director nominees named in our proxy statement were elected, each for a term expiring at the next Annual Meeting of Stockholders or until their successors are duly elected and qualified, based upon the following votes:

                         
NOMINEE   FOR   WITHHELD   NON-VOTES
John D. Barr
    72,097,732       11,157,246       3,240,876  
Michael R. Eisenson
    71,989,925       11,265,053       3,240,876  
Robert H. Kurnick, Jr.
    81,699,843       1,555,135       3,240,876  
William J. Lovejoy
    83,090,177       164,801       3,240,876  
Kimberly J. McWaters
    80,747,378       2,507,600       3,240,876  
Yoshimi Namba
    81,668,816       1,586,162       3,240,876  
Lucio A. Noto
    80,438,696       2,816,282       3,240,876  
Greg Penske
    81,681,414       1,573,564       3,240,876  
Roger S. Penske
    81,974,637       1,280,341       3,240,876  
Sandra E. Pierce
    82,846,644       408,334       3,240,876  
Ronald G. Steinhart
    72,108,730       11,146,248       3,240,876  
H. Brian Thompson
    76,858,599       6,396,379       3,240,876  

Proposal 2

The proposal to ratify the selection of Deloitte & Touche LLP as our independent registered public accounting firm for 2014 was approved based upon the following votes:

                         
FOR   AGAINST   ABSTAIN   NON-VOTES
85,708,037
    742,629       45,188       0  

Proposal 3

The proposal to approve, on an advisory basis, our executive compensation was approved based upon the following votes:

                         
FOR   AGAINST   ABSTAIN   NON-VOTES
82,452,426
    124,351       678,201       3,240,876  

Item 8.01 Other Events.

On May 2, 2014, we announced that our Board of Directors has approved a quarterly dividend in the amount of $0.19 per share payable June 2, 2014 to shareholders of record as of May 12, 2014, as discussed more fully in the press release incorporated herein and attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

99.1 Press Release.


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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.

         
    Penske Automotive Group, Inc.
          
May 2, 2014   By:   /s/ Shane M. Spradlin
       
        Name: Shane M. Spradlin
        Title: Executive Vice President


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Exhibit Index


     
Exhibit No.   Description

 
99.1
  Press Release