UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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 1, 2019

 

CLEARWAY ENERGY, INC.

(Exact name of Registrant as specified in its charter)

 

Delaware

 

001-36002

 

46-1777204

(State or other jurisdiction of
incorporation)

 

(Commission File Number)

 

(IRS Employer Identification
No.)

 

300 Carnegie Center, Suite 300, Princeton, New Jersey 08540

(Address of principal executive offices, including zip code)

 

(609) 608-1525

(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:

 

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

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

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

o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

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                                              o

 

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. o

 

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, par value $0.01

 

CWEN.A

 

New York Stock Exchange

Class C Common Stock, par value $0.01

 

CWEN

 

New York Stock Exchange

 

 

 


 

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

 

Clearway Energy, Inc. (the “Company”) held its Annual Meeting of Stockholders (the “Annual Meeting”) on May 1, 2019 in Princeton, New Jersey.  Set forth below are the final voting results for each of the proposals submitted to a vote of the stockholders.

 

(a) Proposal 1 — Election of nine directors

 

Name

 

Votes For

 

Withheld

 

Broker Non-Votes

Christopher S. Sotos

 

61,195,217

 

8,380,604

 

0

Nathaniel Anschuetz

 

59,818,133

 

9,757,688

 

0

Scott Stanley

 

59,823,132

 

9,752,689

 

0

Ferrell P. McClean

 

65,738,714

 

3,837,107

 

0

Daniel B. More

 

67,305,980

 

2,269,841

 

0

Jonathan Bram

 

55,610,097

 

13,965,724

 

0

Bruce MacLennan

 

59,828,270

 

9,747,551

 

0

E. Stanley O’Neal

 

67,651,370

 

1,924,451

 

0

Brian R. Ford

 

66,398,672

 

3,177,149

 

0

 

With respect to the foregoing Proposal 1, all nine directors were elected and each received a plurality of the votes cast at the Annual Meeting. Due to the lack of the requisite stockholder approval for Proposal 2 described below, the directors were not elected to any classes and all of the nine directors will serve a one-year term until the 2020 Annual Meeting of Stockholders and until their successors are duly elected and qualified.

 

(b) Proposal 2 — Approval of the Amended and Restated Certificate of Incorporation to classify the Board of Directors into two classes with staggered terms, allow stockholders to remove a director only for cause, and make other technical changes.

 

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

48,702,576

 

20,784,510

 

88,735

 

0

 

The foregoing Proposal 2 was not approved as Proposal 2 required 66 and 2/3% of the combined voting power of shares of the Company’s common stock outstanding and entitled to vote to amend and restate.

 

(c) Proposal 3 — Advisory vote on the Company’s executive compensation

 

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

68,654,512

 

539,536

 

381,773

 

0

 

The foregoing Proposal 3 was approved.

 

2


 

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.

 

 

Clearway Energy, Inc.

 

(Registrant)

 

 

 

 

By:

/s/ Kevin P. Malcarney

 

 

Kevin P. Malcarney

 

 

Corporate Secretary

 

Dated:  May 2, 2019

 

3