Additional Proxy Soliciting Materials (definitive) (defa14a)
May 19 2017 - 9:02AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section
14(a) of the
Securities Exchange Act of 1934 (Amendment No. )
☑
|
Filed by the Registrant
|
☐
|
Filed by a Party other
than the Registrant
|
|
CHECK THE APPROPRIATE BOX:
|
☐
|
|
Preliminary Proxy Statement
|
☐
|
|
Confidential, For Use of the Commission Only
(as permitted by Rule 14a-6(e)(2))
|
☐
|
|
Definitive Proxy Statement
|
☑
|
|
Definitive Additional Materials
|
☐
|
|
Soliciting Material Under Rule
14a-12
|
Caterpillar Inc.
(Name of Registrant as Specified In Its
Charter)
(Name of Person(s) Filing Proxy
Statement, if Other Than the Registrant)
PAYMENT OF FILING FEE (CHECK THE APPROPRIATE
BOX):
|
☑
|
|
No fee
required.
|
☐
|
|
Fee computed on table below per Exchange Act Rules
14a-6(i)(1) and 0-11.
|
|
|
|
1)
Title of each class of securities to which transaction
applies:
|
|
|
|
2)
Aggregate number of securities to which transaction applies:
|
|
|
|
3)
Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (set forth the amount on which the
filing fee is calculated and state how it was determined):
|
|
|
|
4)
Proposed maximum aggregate value of transaction:
|
|
|
|
5) Total fee paid:
|
☐
|
|
Fee paid previously with
preliminary materials:
|
☐
|
|
Check box if any part of the fee is
offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing
for which the offsetting fee was paid previously. Identify the previous
filing by registration statement number, or the form or schedule and the
date of its filing.
|
|
|
|
1)
Amount previously paid:
|
|
|
|
2)
Form, Schedule or Registration Statement No.:
|
|
|
|
3)
Filing Party:
|
|
|
|
4) Date
Filed:
|
This material supplements our definitive proxy statement filed with the Securities and Exchange Commission on
April 26, 2017 (Proxy Statement) relating to Caterpillars Annual Meeting of Stockholders (Annual Meeting), to be
held on June 14, 2017 at our construction equipment manufacturing facility, 250 Dozer Drive, Athens, Georgia
30606, beginning at 8:00 a.m. This supplement is being filed solely to clarify certain information presented in the
sections of the Proxy Statement described below.
In the section of the Proxy Statement entitled Proposal 5Approve the Amended and Restated 2014 Long-Term
Incentive PlanPrincipal Features of the 2014 LTIP, we included the following statement:
●
There are limitations on the number of shares and the value of any cash-based award that may be granted
or paid to any participant under the 2014 LTIP in any fiscal year or performance period.
In the section entitled Summary Description of 2014 LTIP, we included the following statement:
Individual Limits. Subject to capitalization adjustments, no participant in the 2014 LTIP may receive: (i) options
or stock appreciation rights in any fiscal year for more than 800,000 shares of our common stock, (ii) performancebased
restricted stock, restricted stock unit or performance awards for shares of our common stock having a fair
market value on the grant date of more than $20 million for each 12-month period in the performance period or
(iii) performance-based cash awards for more than $20 million for each 12-month period in the performance
period.
These statements were general summaries of certain features of the 2014 LTIP (as defined in the Proxy Statement)
and were not intended to be a complete description of relevant sections of the 2014 LTIP. The complete text of the
2014 LTIP itself was attached as Exhibit A to the Proxy Statement.
To provide further information and clarification regarding these features, and as previously disclosed, we note that
the per-person limits included in the 2014 LTIP apply to stock options and stock appreciation rights and to other
performance-based awards intended to qualify for the performance-based compensation exemption under
Section 162(m) of the Internal Revenue Code of 1986, as amended (Section 162(m)), in each case only to the extent
necessary for such awards to qualify as performance-based compensation under such Section 162(m). The 2014
LTIP would permit us to grant awards that are not subject to such per-person limits if we did not intend such awards
to qualify for such a performance-based exemption.
The date of this material is May 19, 2017.
Caterpillar (NYSE:CAT)
Historical Stock Chart
From Mar 2024 to Apr 2024
Caterpillar (NYSE:CAT)
Historical Stock Chart
From Apr 2023 to Apr 2024