Document


 

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): June 26, 2020 (June 22, 2020)


FRONT YARD RESIDENTIAL CORPORATION
(Exact name of Registrant as specified in its charter)
MARYLAND
 
001-35657
 
46-0633510
(State or other jurisdiction of incorporation or organization)
 
(Commission File Number)
 
(I.R.S. Employer Identification No.)

c/o Altisource Asset Management Corporation
5100 Tamarind Reef
Christiansted, United States Virgin Islands 00820
(Address of principal executive offices including zip code)

(340) 692-0525
(Registrant’s telephone number, including area code)

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))

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 ¨

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. ¨

Securities registered or to be registered pursuant to Section 12(b) of the Act:
  
Title of each class
Trading Symbol(s)
 
Name of each exchange on which registered
Common stock, par value $0.01 per share
RESI
New York Stock Exchange
 





Item 5.07
 
Submission of Matters to a Vote of Security Holders

The Annual Meeting of Stockholders of Front Yard Residential Corporation (the “Company”) was held on June 22, 2020 (the “Annual Meeting”). On the record date for the Annual Meeting (June 3, 2020), an aggregate of 58,614,777 shares of common stock were outstanding and entitled to vote at the Annual Meeting. The final results for each matter submitted to a vote of stockholders at the Annual Meeting were as follows:

(i)
The following Directors were elected to serve until the Company's 2021 Annual Meeting of Stockholders and until their successors are duly elected and qualified by the following vote:

Name
 
For
 
Withhold
 
Broker Non-Votes
Leland G. Abrams
 
40,790,734
 
4,450,291
 
Rochelle R. Dobbs
 
37,627,031
 
7,613,994
 
George G. Ellison
 
38,109,092
 
7,131,933
 
Michael A. Eruzione
 
34,371,634
 
10,869,391
 
Leslie B. Fox
 
34,395,489
 
10,845,536
 
Wade J. Henderson
 
32,553,190
 
12,687,835
 
George W. McDowell
 
30,565,743
 
14,675,282
 
Lazar Nikolic
 
40,906,936
 
4,334,089
 

(ii)
The appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the year ending December 31, 2020 was ratified by the following vote:

For
 
Against
 
Abstentions
41,540,952
 
3,545,592
 
154,481

(iii)
The compensation of the Company's named executive officers as disclosed in the proxy statement was approved, on an advisory basis, by the following vote:

For
 
Against
 
Abstentions
30,163,373
 
14,926,763
 
150,889

Item 8.01
 
Other Events

On June 22, 2020, upon the election of the Directors at the Annual Meeting, the following Board of Directors committee assignments became effective: George W. McDowell, Leland G. Abrams and Rochelle R. Dobbs were appointed to the Audit Committee; Rochelle R. Dobbs, Michael A. Eruzione and Leslie B. Fox were appointed to the Compensation Committee; and Wade J. Henderson, Michael A. Eruzione and Leslie B. Fox were appointed to the Nomination/Governance Committee, each for a one-year term and/or until his or her successor is appointed.






SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 
 
Front Yard Residential Corporation
June 26, 2020
By:
/s/ Robin N. Lowe
 
 
Robin N. Lowe
Chief Financial Officer