News Column

AQUA AMERICA INC FILES (8-K) Disclosing Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits

May 12, 2014



Item 5.07 Submission of Matters to a Vote of Security Holders

The 2014 Annual Meeting of Shareholders of Aqua America, Inc. (the "Company") was held on May 7, 2014 at the Drexelbrook Banquet Facility & Corporate Events Center, 4700 Drexelbrook Drive, Drexel Hill, Pennsylvania 19026, pursuant to the Notice sent, beginning on March 27, 2014, to all shareholders of record at the close of business on March 10, 2014. At the annual meeting:

1. The following nominees were elected as directors of Aqua America, Inc. to serve for one-year terms and until their successors are elected and qualified. The votes received are set forth adjacent to the names below:

Name of Nominee For Withheld Nicholas DeBenedictis 97,519,584 6,675,058 Michael L. Browne 102,251,073 1,943,569 Richard H. Glanton 101,168,228 3,026,414 Lon R. Greenberg 97,227,613 6,967,029 William P. Hankowsky 102,464,622 1,730,020 Wendell F. Holland 102,799,101 1,395,541 Ellen T. Ruff 102,659,968 1,534,674 Andrew J. Sordoni, III 102,482,214 1,712,428



There were a total of 41,134,185 broker non-votes for the election of directors.

2. The appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the Company for the year ending December 31, 2014, was ratified by the following vote of shareholders:

For Against Abstain 142,897,940 1,694,427 736,460



3. The advisory vote to approve the Company's executive compensation as disclosed in the Company's Proxy Statement for the 2014 Annual Meeting of Shareholders was approved by the following vote of shareholders:

For Against Abstain Broker Non-Votes 96,232,744 5,629,928 2,331,970 41,134,185



4. The Amended Aqua America, Inc. 2009 Omnibus Compensation Plan was approved by the following vote of shareholders:

For Against Abstain Broker Non-Votes 97,668,672 4,830,738 1,695,232 41,134,185



The Aqua America, Inc. 2009 Omnibus Compensation Plan, as amended is attached as Exhibit 10.1 to the Current Report on Form 8-K.

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5. The shareholder proposal requesting that the Board of Directors create a comprehensive policy articulating the Company's respect for and commitment to the human right to water was not approved by the shareholders and received the following vote:

For Against Abstain Broker Non-Votes 11,177,742 88,408,849 4,608,051 41,134,185



6. The shareholder proposal requesting that the Board of Directors create a policy in which the Board's Chairman is an independent director who has not previously serves as an executive officer of the Company was not approved by the shareholders and received the following vote:

For Against Abstain Broker Non-Votes 36,366,308 66,289,197 1,539,137 41,134,185



Item 9.01 Financial Statements and Exhibits

(d) Exhibits

10.1 Aqua America, Inc. 2009 Omnibus Equity Compensation Plan, as amended as of February 27, 2014 3



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Source: Edgar Glimpses


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