Aerohive Networks, Inc. (NYSE:HIVE) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07
Submission of Matters to a Vote of Security Holders.
Aerohive Networks, Inc. (NYSE:HIVE) Files An 8-K Submission of Matters to a Vote of Security Holders
On May 23, 2018, Aerohive Networks, Inc. (the “Company”) held its Annual Meeting of Stockholders for its fiscal year ended December 31, 2017 (the “Annual Meeting”).At the Annual Meeting, there were represented, either in person or by proxy, 41,271,678 shares of the Company’s common stock (“Common Stock”), or 75.55% of a total of 54,625,924 shares of Common Stock outstanding and entitled to vote at the Annual Meeting.The Company’s stockholders voted on the following two proposals presented at the Annual Meeting, casting their votes as follows:
Proposal No. 1 – Election of Directors
Remo Canessa, Curtis E. Garner and Changming Liu were elected by the following votes as Class I directors to hold office until the 2021 Annual Meeting of Stockholders, or until their successors are duly elected and qualified:
|
Nominee |
Votes For |
VotesWithheld |
BrokerNon-Votes |
|
Remo Canessa |
21,538,573 |
6,111,631 |
13,621,474 |
|
Curtis E. Garner |
14,779,029 |
12,871,175 |
13,621,474 |
|
Changming Liu |
21,347,144 |
6,303,060 |
13,621,474 |
Proposal No. 2 – Ratification of Appointment of Independent Registered Public Accounting Firm
The Company’s stockholders ratified by the following votes the appointment of Deloitte & Touche LLP to serve as the Company’s independent registered public accounting firm for fiscal year ending December 31, 2018:
|
Votes For |
VotesAgainst |
Abstentions |
BrokerNon-Votes |
|
41,238,511 |
23,302 |
9,865 |
About Aerohive Networks, Inc. (NYSE:HIVE)
Aerohive Networks, Inc., together with its subsidiaries, is engaged in designing and development of a cloud-managed mobile networking platform that enables enterprises to deploy a mobile-centric network edge. The Company’s portfolio of products and solutions is built around sets of technologies and capabilities, which include Enterprise Cloud Networking, Wireless Fidelity (Wi-Fi) Connectivity and Application and Insights. The Company conducts its business in the Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific (APAC). Its product portfolio includes hardware products, cloud-based network management and applications, and support services. Its hardware products include access points, branch routers and access switches. Its hardware products are developed by its hardware design team working in conjunction with original design manufacturer (ODM) partners, and leverage the commercially available Wi-Fi radios, network processors, crypto accelerators and switching chips.
