DEFA14A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of the

Securities Exchange Act of 1934

(Amendment No.      )

 

 

Filed by the Registrant  ☒                             Filed by a Party other than the Registrant  ☐

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☐   Preliminary Proxy Statement
☐   Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
☐   Definitive Proxy Statement
☒   Definitive Additional Materials
☐   Soliciting Material Pursuant to §240.14a-12

PARKER-HANNIFIN CORPORATION

(Name of Registrant as Specified In Its Charter)

 

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

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LOGO

PARKER-HANNIFIN CORPORATION

6035 Parkland Boulevard—Cleveland, Ohio 44124-4141

EXPLANATORY NOTE

On September 24, 2018, Parker-Hannifin Corporation (“we,” “our” or “us”) filed a definitive Proxy Statement with the Securities and Exchange Commission. Our definitive Proxy Statement inadvertently overstated the amount of severance pay for termination without cause (and related totals). Set forth below is the correct information in the “Severance Pay” column within the table on Page 61 of our Proxy Statement under the heading “Termination without Cause” in the “Potential Payments Upon Termination or Change in Control” section of our Proxy Statement. We have included the “Termination Without Cause” table in its entirety here to reflect the correct “Severance Pay” and “Totals” columns for each Named Executive Officer.

 

Officer    Severance Pay      Pension
Plan		      Pension
Restoration
Plan		      Supplemental
Retirement
Program		      Medical and
Dental
Benefits		      Vacation
Pay		      Totals  

Thomas L. Williams

      323,064        484,785        4,434,393        19,416,167        3,081        57,895        24,719,385  

Catherine A. Suever

      426,238        1,047,163        2,138,168        3,825,429        1,497        54,767        7,493,262  

Lee C. Banks

      474,978        622,145        5,168,069        10,615,757        4,851        62,719        16,948,519  

Robert W. Malone

      56,170        —          —          —          4,770        23,701        84,641  

Joseph R. Leonti

      130,378        —          —          —          2,961        24,389        157,728