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Date of Report (Date of earliest event reported): May 18, 2023

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))

Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:

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.

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At the 2023 Annual Meeting of Shareholders ("2023 Annual Meeting") of IDACORP, Inc. ("IDACORP") held on May 18, 2023, four proposals were submitted to shareholders as described in IDACORP's definitive proxy statement, dated April 4, 2023, relating to the 2023 Annual Meeting. The proposals and the results of the shareholder votes were as follows:

The nominations were made by the IDACORP Board of Directors (the "Board"). With the exception of two new members of the Board, Susan D. Morris and Nate R. Jorgensen, the nominees were current members of the Board at the date of the 2023 Annual Meeting. All of IDACORP’s nominees were elected, with each nominee receiving a plurality of the votes cast. All members of the Board are also members of the Idaho Power Company Board of Directors.

The frequency of every “One Year” received the highest number of votes cast on the proposal. Regulations of the U.S. Securities and Exchange Commission provide that IDACORP must hold the advisory shareholder vote on the frequency of future advisory shareholder votes on executive compensation at least once every six years. In light of the Board's recommendation in the Proxy Statement for the Annual Meeting and in light of these voting results and other relevant factors, the Board, at its May 18, 2023 meeting, determined that IDACORP will hold an annual shareholder advisory vote on executive compensation. IDACORP will continue to hold annual shareholder advisory votes until the Board decides to hold the next shareholder advisory vote on the frequency of future advisory votes on executive compensation.

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.

Dated:  May 23, 2023