United States
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 30, 2021
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(Exact name of registrant as specified in its charter)
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| (State or other jurisdiction of incorporation or organization) | Commission File Number | (IRS Employer Identification No.) | ||||||||||||
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (615 986 - 5600
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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):
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol | Name of each exchange on which registered | ||||||
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. [ ]
Item 5.07 Submission of Matters to a Vote of Security Holders.
Louisiana-Pacific Corporation ("the Company") held its 2021 annual meeting of stockholders on April 30, 2021 (the “Annual Meeting”), at which a total of 94,192,112 shares of the Company's common stock, out of a total of 106,545,767 shares of the Company's common stock outstanding and entitled to vote, were present in person or represented by proxies. The final results for the proposals submitted for a vote of stockholders at the Annual Meeting are set forth below. The proposals below are described in more detail in the Company’s definitive proxy statement for the Annual Meeting, filed with the Securities and Exchange Commission on March 15, 2021.
The following proposals were voted on at the Annual Meeting:
a) To elect the following individuals to serve as directors of the Company until the 2024 Annual Meeting of Shareholders and until their successors are duly elected and qualified. The results of the election of the nominees were as follows:
| Director Nominee | For | Against | Abstentions | Broker Non-Votes | ||||||||||
| F. Nicholas Grasberger III | 87,411,306 | 1,909,597 | 172,247 | 4,698,962 | ||||||||||
| Ozey K. Horton, Jr. | 71,750,706 | 17,580,365 | 162,079 | 4,698,962 | ||||||||||
| W. Bradley Southern | 85,553,089 | 3,312,539 | 627,522 | 4,698,962 | ||||||||||
b) To ratify the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2021. The voting results were as follows:
| For | Against | Abstentions | Broker Non-Votes | ||||||||
| 91,814,049 | 2,293,211 | 84,852 | N/A | ||||||||
c) To approve, on a non-binding, advisory basis, the Company’s named executive officer compensation. The voting results were as follows:
| For | Against | Abstentions | Broker Non-Votes | ||||||||
| 86,133,540 | 2,968,045 | 391,565 | 4,698,962 | ||||||||
Item 8.01 Other Events.
On April 30, 2021, the Company announced that its Board of Directors has declared a quarterly cash dividend to common shareholders of $0.16 per share. The dividend will be payable June 1, 2021 to shareholders of record as of the close of business on May 17, 2021.
The press release issued by the Company in connection with the dividend is included as Exhibit 99.1 to this Current Report on Form 8-K and incorporated into this Item 8.01 by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number | Description | ||||
| 99.1 | |||||
SIGNATURE
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.
| LOUISIANA-PACIFIC CORPORATION | ||||||||
| By: | /S/ DEREK N. DOYLE | |||||||
| Derek N. Doyle | ||||||||
| Vice President, Controller and Chief Accounting Officer | ||||||||
Date: April 30, 2021
Exhibit 99.1
LP Building Solutions Announces Quarterly Dividend
NASHVILLE, Tenn. (April 30, 2021) – LP Building Solutions (“LP”) (NYSE: LPX) today announced that its Board of Directors has declared a cash dividend to common shareholders of $0.16 per share. The dividend will be payable June 1, 2021 to shareholders of record as of May 17, 2021.
About LP Building Solutions
As a leader in high-performance building solutions, Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX) manufactures engineered wood building products that meet the demands of builders, remodelers, and homeowners worldwide. Its extensive offerings include innovative and dependable building products and accessories, such as LP® SmartSide® Trim & Siding, LP Structural Solutions portfolio (LP WeatherLogic® Air & Water Barrier, LP Legacy® Premium Sub-Flooring, LP® TechShield® Radiant Barrier, LP® FlameBlock® Fire-Rated Sheathing and more), oriented strand board (OSB), LP® TopNotch® Sub-Flooring, LP, LP® Outdoor Building Solutions®, and LP Elements® Performance Fencing. In addition to product solutions, LP provides industry-leading service and warranties. Since its founding in 1972, LP has been Building a Better World™ by helping customers construct beautiful, durable homes. Headquartered in Nashville, Tennessee, LP operates 25 plants across the U.S., Canada, Chile and Brazil. For more information, visit LPCorp.com.
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