a50260975.htm
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 1, 2012
 
MBIA INC.
(Exact name of registrant as specified in its charter)
 
Connecticut
  
1-9583
  
06-1185706
(State or other jurisdiction of incorporation)
  
(Commission File Number)
  
(IRS Employer Identification No.)

113 King Street,
Armonk, New York
  
10504
     
(Address of principal executive offices)
  
(Zip Code)

Registrant’s telephone number, including area code:
914-273-4545

 
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))
 
 
 
 

 Item 5.07   Submission of Matters to a Vote of Security Holders.
 
The Annual Meeting of Shareholders of MBIA Inc. (the “Company”) was held on May 1, 2012 (the “Annual Meeting”). The matters that were voted upon at the Annual Meeting, and the number of votes cast for or against each matter (and percent of shares voted), as well as the number of abstentions (and percent of shares voted) and broker non-votes as to each such matter, where applicable, are set forth below.
 
Proposal 1: Election of Directors. The shareholders elected the Company’s nominees to the Board of Directors. The voting results were as follows:
 
 
Nominees
  
For
(% of shares voted)
  
Against
(% of shares voted)
  
Abstain
(% of shares voted)
  
Broker
Non-Votes
Joseph W. Brown
  
  
150,349,706
  
  
(99.31
%) 
  
  
994,588
  
  
(0.65
%) 
  
  
38,479
  
  
(0.02
%) 
  
  
23,939,201
  
David A. Coulter
  
  
149,441,520
  
  
(98.71
%) 
  
  
1,903,395
  
  
(1.25
%) 
  
  
37,858
  
  
(0.02
%) 
  
  
23,939,201
  
Steven J. Gilbert
  
  
149,679,539
  
  
(98.87
%) 
  
  
1,663,767
  
  
(1.09
%) 
  
  
39,467
  
  
(0.02
%) 
  
  
23,939,201
  
Daniel P. Kearney
  
  
149,556,108
  
  
(98.79
%) 
  
  
1,787,423
  
  
(1.18
%) 
  
  
39,242
  
  
(0.02
%) 
  
  
23,939,201
  
Kewsong Lee
  
  
150,327,669
  
  
(99.30
%) 
  
  
1,017,521
  
  
(0.67
%) 
  
  
37,583
  
  
(0.02
%) 
  
  
23,939,201
  
Charles R. Rinehart
  
  
150,366,217
  
  
(99.32
%) 
  
  
969,598
  
  
(0.64
%) 
  
  
46,958
  
  
(0.03
%) 
  
  
23,939,201
  
Theodore Shasta
  
  
150,393,755
  
  
(99.34
%) 
  
  
949,878
  
  
(0.62
%) 
  
  
39,140
  
  
(0.02
%) 
  
  
23,939,201
  
Richard C. Vaughan
  
  
149,694,097
  
  
(98.88
%) 
  
  
1,649,833
  
  
(1.08
%) 
  
  
38,843
  
  
(0.02
%) 
  
  
23,939,201
  
 
Proposal 2: Approval of Compensation Paid to Named Executive Officers. The shareholders voted to approve the compensation of the Company’s named executive officers listed in the proxy statement for the Annual Meeting. The shareholder vote is advisory and non-binding. The voting results were as follows:
 
For
(% of shares voted)
  
Against
(% of shares voted)
  
Abstain
(% of shares voted)
  
Broker
Non-Votes
  148,503,867   (98.09 %)     2,493,619   (1.64 %)     385,287   (0.25 %)     23,939,201  
 
Proposal 3: Approval of the Company’s 2005 Omnibus Incentive Plan as amended through March 2012.  The shareholders voted to approve the Company’s 2005 Omnibus Incentive Plan as amended through March 2012.  The voting results were as follows:
 
For
(% of shares voted)
  
Against
(% of shares voted)
  
Abstain
(% of shares voted)
  
Broker
Non-Votes
  146,979,314   (97.09 %)     4,029,321   (2.66 %)     374,138   (0.24 %)     23,939,201  

Proposal 4: Ratification of Appointment of Independent Registered Public Accounting Firm. The shareholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for 2012. The voting results were as follows:
 
For
(% of shares voted)
  
Against
(% of shares voted)
  
Abstain
(% of shares voted)
  
Broker
Non-Votes
  174,738,704   (99.66 %)     491,154   (0.28 %)     92,116   (0.05 %)     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.
 
 
MBIA INC.
       
       
  By:
/s/Ram D. Wertheim
  
   
Ram D. Wertheim
  
   
Chief Legal Officer
  
       
Date: May l, 2012