8-K 20140527



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 21, 2014
 
ONEBEACON INSURANCE GROUP, LTD.
(Exact name of registrant as specified in its charter)
 
Bermuda
 
1-33128
 
98-0503315
(State or Other Jurisdiction
 of Incorporation)
 
(Commission File Number)
 
(IRS Employer
 Identification Number)
 
601 Carlson Parkway, Minnetonka, Minnesota  55305
(Address of Principal Executive Offices) (Zip Code)
 
(952) 852-2431
(Registrant's telephone number, including area code)
 

 
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):
 
o      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o      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.
At the Company's 2014 Annual General Meeting of Members held on May 21, 2014:
1)
four Class II directors were elected to serve a term ending in 2017; 
2)
the authorization of the election of the director nominees of Split Rock Insurance, Ltd. was approved; 
3)
the advisory resolution on executive compensation was approved; and
4)
the appointment of PricewaterhouseCoopers LLP as the Company's Independent Registered Public Accounting Firm for 2014 was approved.
As of March 27, 2014, the record date for the 2014 Annual General Meeting, a total of 23,544,149 Class A common shares and 71,754,738 Class B common shares were issued and outstanding.  The results of the vote are presented below.
Proposal 1 – Election of four Class II directors with a term ending in 2017.
Director
 
Vote For*
 
Votes Withheld
 
Broker Non-Votes
David T. Foy
 
728,855,870

 
8,185,337

 
2,739,090

Richard P. Howard
 
733,844,136

 
3,197,071

 
2,739,090

Ira H. Malis
 
736,545,812

 
495,395

 
2,739,090

Patrick A. Thiele
 
736,592,487

 
448,720

 
2,739,090

Proposal 2 –Authorization to elect Messrs. Christopher G. Garrod and John C. Treacy, and Ms. Sarah A. Kolar and Sheila E. Nicoll to the Board of Directors of Split Rock Insurance, Ltd.
Votes For*
 
Votes Against
 
Abstentions
 
Broker Non-Votes
736,761,118
 
236,100

 
43,989

 
2,739,090

Proposal 3 – Advisory Member Approval of Executive Compensation.
Votes For*
 
Votes Against
 
Abstentions
 
Broker Non-Votes
727,207,525
 
9,689,821

 
143,861

 
2,739,090

Proposal 4 – Appointment of PricewaterhouseCoopers LLP as the Company's Independent Registered Public Accounting Firm for 2014. 
Votes For*
 
Votes Against
 
Abstentions
 
Broker Non-Votes
739,622,776
 
127,108

 
30,413

 
—

 
*
Each Class B common share is entitled to 10 votes for every one share; the totals shown above give effect to the 10 for 1 Class B common share voting rights.  The Class A and Class B shares vote together as one class.

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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.
 
 
ONEBEACON INSURANCE GROUP, LTD.
 
 
 
 
Dated: May 27, 2014
By:
/s/ Sarah A. Kolar

 
 
Sarah A. Kolar, Corporate Secretary


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