jbht20160425_8k.htm

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): April 21, 2016

 

 

 

 

J.B. HUNT TRANSPORT SERVICES, INC.

(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

 

 

Arkansas

 

 0-11757

 

 71-0335111

(State or other Jurisdiction of

 

 Commission File Number 

 

 (IRS Employer

Incorporation or Organization 

 

 

 

 Identification No.)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

615 J.B. Hunt Corporate Drive

 

 

 

 

Lowell, Arkansas

 

 72745

 

 (479) 820-0000

(Address of Principal Executive Offices)

 

  (Zip Code) 

 

  (Registrant’s telephone number)

 

 

 

 

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 5.07.

SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

 

Our Annual Meeting of Stockholders was held on April 21, 2016. Proxies for the meeting were solicited pursuant to Regulation 14A of the Securities Exchange Act of 1934. The following three matters were included in our proxy dated March 10, 2016 and were voted upon at the annual meeting. Final vote tabulations are indicated below: 

 

1.     To elect Directors for a term of one (1) year:

 

 

   

For

    

Against

    

Abstain

    

Non Votes

  
                                 

Douglas G. Duncan

     95,734,244       801,741       54,261       8,288,355  

Francesca M. Edwardson

     95,333,702       1,163,321       93,223       8,288,355  

Wayne Garrison

     93,017,051       3,391,923       181,272       8,288,355  

Sharilyn S. Gasaway

     95,558,384       979,398       52,464       8,288,355  

Gary C. George

     93,510,996       3,023,628       55,622       8,288,355  

Bryan Hunt

     87,754,150       8,514,774       321,322       8,288,355  

Coleman H. Peterson

     94,813,427       1,684,075       92,744       8,288,355  

John N. Roberts, III

     95,088,697       1,303,218       198,331       8,288,355  

James L. Robo

     95,051,008       1,475,178       64,060       8,288,355  

Kirk Thompson

     92,854,170       3,548,378       187,698       8,288,355  

 

 

2.     To ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the 2016 calendar year:     

 

 

For

     104,127,913  

Against

     520,611  

Abstain

     230,077  

Non Votes

     -  

 

 

3.     To consider and approve a stockholder proposal to amend the Company’s equal employment opportunity policy to explicitly prohibit discrimination based on sexual orientation, gender identity or gender expression and to take substantial action to implement the policy:

 

 

For

     50,751,937  

Against

     42,021,922  

Abstain

     3,816,387  

Non Votes

     8,288,355  

 

 

Current Company policy protects employees against discriminatory practices that are prohibited by existing federal law and, additionally, provides protections beyond the basic legal requirements to extend equal opportunity in employment, promotion, training, compensation, termination and disciplinary action. The policy expressly dictates that the Company will not tolerate any harassment, sexual or otherwise, by not only the Company’s employees, but also vendors, clients and customers. Indeed, the Company’s policy discourages any behavior whatsoever that can be construed to be in poor taste and/or offensive. J.B. Hunt will not tolerate discrimination in employment and we are committed to equal opportunity in all aspects of employment, including hiring, promotion, training, compensation, termination, and disciplinary action.

 

 

 
 
 

 

Therefore, in response to the results of the stockholder vote on Proposal 3 included in the Company's 2016 proxy statement, the Company will immediately appoint a task force to study, compile and identify the practical effects of amending its equal employment opportunity policy. The study is to include physical plant implications, compliance with state and local laws, overall company compliance and reporting procedures and employee education and training in the over 500 locations in which it operates; some of which are customer locations. The Company will present its findings and recommendations to the Board of Directors at its next regularly scheduled meeting on July 21, 2016 for approval and implementation. 

 

No additional business or other matters came before the meeting or any adjournment thereof.

 

 

 

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 thereunto duly authorized on the 25th day of April 2016.

 

 

J.B. HUNT TRANSPORT SERVICES, INC.

 

 

 

 

 

 

 

 

 

 

BY:

/s/ John N. Roberts, III

 

 

 

John N. Roberts, III

 

    President and Chief Executive Officer  
    (Principal Executive Officer)  
       
  BY: /s/ David G. Mee  
    David G. Mee  
    Executive Vice President, Finance and  
    Administration and Chief Financial Officer  
    (Principal Financial Officer)