Acacia Communications, Inc. (NASDAQ:ACIA) Files An 8-K Submission of Matters to a Vote of Security Holders

Acacia Communications, Inc. (NASDAQ:ACIA) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07.Submission of Matters to a Vote of Security Holders.

Voting Results.

At the 2018 Annual Meeting of Stockholders of Acacia Communications, Inc. (the “Company”), held on May 17, 2018, the proposals listed below were submitted to a vote of the Company’s stockholders. The proposals are described further in the Company’s definitive proxy statement for the annual meeting.

Proposal One – to elect two Class II director nominees to hold office until the Company’s 2021 annual meeting of stockholders.

The stockholders elected the two Class II director nominees named in the Company’s definitive proxy statement to hold office until the Company’s 2021 annual meeting. The voting results were as follows:

Nominee

VotesFor

Votes Withheld

BrokerNon-Votes

Stan J. Reiss

28,522,837

3,963,457

3,899,548

Eric A. Swanson

28,166,821

4,319,473

3,899,548

Proposal Two – to ratify the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2018.

The stockholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2018. The voting results were as follows:

Votes For

VotesAgainst

VotesAbstaining

36,203,487

145,735

36,620

Proposal Three – to conduct a non-binding, advisory vote to approve the compensation of the Company’s named executive officers.

The stockholders approved the non-binding, advisory resolution to approve the compensation of the Company’s named executive officers. The voting results were as follows:

Votes For

VotesAgainst

VotesAbstaining

Broker Non-Votes

27,514,725

4,927,845

43,724

3,899,548

Proposal Four – to conduct a non-binding, advisory vote on the frequency of future advisory votes to approve the compensation of the Company’s named executive officers.

The stockholders approved the non-binding, advisory resolution to approve “1 Year” as the preferred frequency of future advisory votes to approve the compensation of the Company’s named executive officers. The voting results were as follows:

1 Year

2 Years

3 Years

VotesAbstaining

Broker Non-Votes

31,598,032

13,273

355,009

519,980

3,899,548

The Company’s Board of Directors considered these voting results among other factors, and has determined that the Company will hold future advisory votes to approve the compensation of the Company’s named executive officers on an annual basis.


About Acacia Communications, Inc. (NASDAQ:ACIA)

Acacia Communications, Inc. is a provider of coherent interconnect products for communications networks relied upon by cloud infrastructure operators and content and communications service providers. The Company’s product family includes AC100-MSA, AC100-CFP, CFP2-ACO and AC400 Flex. Its AC100-MSA product family includes AC100-G, AC100-S and AC100-C. Its AC100-CFP product family includes AC100-CFP-M, AC100-CFP-ZR and AC100-CFP-L. Its CFP2-ACO product family contains a single module that has an analog electrical interface. Its AC400 Flex product family includes AC400-U, AC400-S and AC400-UL. Its products include a series of low-power coherent digital signal processor application-specific integrated circuits (DSP ASICs) and silicon photonic integrated circuits (PICs), which the Company has integrated into families of optical interconnect modules with transmission speeds ranging from 40 to 400 gigabits per second for use in long-haul, metro and inter-data center markets.

An ad to help with our costs