LAMAR ADVERTISING CO/NEW false 0001090425 0001090425 2024-05-16 2024-05-16

 

 

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 16, 2024

 

 

LAMAR ADVERTISING COMPANY

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-36756   72-1449411
(State or other jurisdiction
of incorporation)		   (Commission
File Number)		   (IRS Employer
Identification No.)

5321 Corporate Blvd.

Baton Rouge, Louisiana 70808

(Address of Principal Executive Offices) (Zip Code)

(225) 926-1000

(Registrant’s telephone number, including area code)

N/A

(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 (see General Instruction A.2. below):

 

  ☐

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, $0.001 par value   LAMR   The NASDAQ Stock Market, LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

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. ☐

 

 

 

Item 5.07

Submission of Matters to a Vote of Security Holders.

On May 16, 2024, Lamar Advertising Company (the “Company”) held its 2024 Annual Meeting of Stockholders (the “2024 Annual Meeting”). Only stockholders of record as of the close of business on March 18, 2024 were entitled to vote at the 2024 Annual Meeting. As of March 18, 2024, 87,789,531 shares of Class A Common Stock, 14,420,085 shares of Class B Common Stock, and 5,719.49 shares of Series AA Preferred Stock were outstanding and entitled to vote at the 2024 Annual Meeting. With respect to the matters submitted for vote at the 2024 Annual Meeting, each share of Class A Common Stock is entitled to one vote, each share of Class B Common Stock is entitled to ten votes, and each share of Series AA Preferred Stock is entitled to one vote. At the 2024 Annual Meeting, 81,773,344 shares of Class A Common Stock, all shares of Class B Common Stock, and all shares of Series AA Preferred Stock of the Company were represented, in person or by proxy, constituting a quorum for the meeting.

The following two proposals, each of which is described in detail in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on April 5, 2024, were before the meeting, and they received the following votes:

Proposal 1: Election of Nine Directors to Serve until the 2025 Annual Meeting. The following individuals were elected to serve as directors of the Company:

 

Name of Director Nominees

   

For

     

Withheld

     

Broker Non-Votes

  

Nancy Fletcher

      214,562,638        5,482,852        5,934,423  

John E. Koerner, III

      189,670,679        30,374,811        5,934,423  

Marshall A. Loeb

      219,436,994        608,496        5,934,423  

Stephen P. Mumblow

      186,615,853        33,429,637        5,934,423  

Thomas V. Reifenheiser

      193,681,583        26,363,907        5,934,423  

Anna Reilly

      198,884,421        21,161,069        5,934,423  

Kevin P. Reilly, Jr.

      198,626,162        21,419,328        5,934,423  

Wendell Reilly

      198,883,007        21,162,483        5,934,423  

Elizabeth Thompson

      201,280,514        18,764,976        5,934,423  

Proposal 2: Ratification of the appointment of KPMG LLP as the Company’s Independent Registered Public Accounting Firm for the 2024 Fiscal Year. The stockholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024.

 

For

  

Against

  

Abstain

  

Broker Non-Votes

225,038,933   904,029   36,951   0

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.

 

Date: May 22, 2024     LAMAR ADVERTISING COMPANY
    By:  

/s/ Jay L. Johnson

      Jay L. Johnson
      EVP, Chief Financial Officer and Treasurer
v3.24.1.1.u2
Document and Entity Information
May 16, 2024
Cover [Abstract]  
Entity Registrant Name LAMAR ADVERTISING CO/NEW
Amendment Flag false
Entity Central Index Key 0001090425
Document Type 8-K
Document Period End Date May 16, 2024
Entity Incorporation State Country Code DE
Entity File Number 001-36756
Entity Tax Identification Number 72-1449411
Entity Address, Address Line One 5321 Corporate Blvd.
Entity Address, City or Town Baton Rouge
Entity Address, State or Province LA
Entity Address, Postal Zip Code 70808
City Area Code (225)
Local Phone Number 926-1000
Written Communications false
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Security 12b Title Class A common stock, $0.001 par value
Trading Symbol LAMR
Security Exchange Name NASDAQ
Entity Emerging Growth Company false
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