8-K

 

 

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 17, 2012

 

 

Career Education Corporation

(Exact Name of Registrant as Specified in Charter)

 

 

 

Delaware   0-23245   36-3932190

(State or Other Jurisdiction

of Incorporation)

  (Commission File Number)  

(IRS Employer

Identification No.)

 

231 North Martingale Road  
Schaumburg, IL   60173
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s telephone number, including area code (847) 781-3600

 

(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))

 

 

 


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

Career Education Corporation (the “Company”) held its Annual Meeting of Stockholders on May 17, 2012 and the following matters were voted on at that meeting:

 

(1) The Company’s stockholders voted as follows to elect seven directors to the Company’s Board of Directors:

 

Directors:

  Votes For:     Against:     Abstain:     Broker Non-Votes:
Dennis H. Chookaszian     50,243,526        2,666,806        85,557      5,143,944
David W. Devonshire     50,096,957        2,809,870        89,062      5,143,944
Patrick W. Gross     44,539,007        8,354,301        102,581      5,143,944
Gregory L. Jackson     48,140,178        4,776,505        79,206      5,143,944
Thomas B. Lally     50,224,921        2,676,121        94,847      5,143,944
Steven H. Lesnik     51,946,185        966,910        82,794      5,143,944
Leslie T. Thornton     50,306,340        2,599,179        90,370      5,143,944

 

(2) The Company’s stockholders approved, on a nonbinding advisory basis, the executive compensation paid by the Company to its named executive officers, by the votes set forth in the table below:

 

Votes For:

  Against:     Abstain:     Broker Non-Votes:
27,511,790     25,373,712        110,387      5,143,944

 

(3) The Company’s stockholders approved an amendment to the Company’s Restated Certificate of Incorporation to expand the maximum number of director positions from nine to eleven, by the votes set forth in the table below:

 

Votes For:

  Against:     Abstain:     Broker Non-Votes:
57,467,078     645,782        26,973      0

 

(4) The Company’s stockholders voted as follows to ratify the selection of Ernst & Young LLP as the independent registered public accounting firm to audit the Company’s financial statements for the year ended December 31, 2012:

 

Votes For:

  Against:     Abstain:     Broker Non-Votes
57,859,011     249,531        31,291      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.

 

CAREER EDUCATION CORPORATION
By:   /s/ Jeffrey D. Ayers
  Jeffrey D. Ayers
  Senior Vice President, General Counsel and Corporate Secretary

Dated: May 22, 2012