CAVIUM, INC. (NASDAQ:CAVM) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07
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Submission of Matters to a Vote of Security Holders. |
On June20, 2017, Cavium, Inc. (Cavium) held its 2017 Annual
Meeting of Stockholders at Caviums corporate offices in San Jose,
California. At the Annual Meeting, the Cavium stockholders voted
on the following four proposals:
(a) |
To elect the director nominee named below to serve until the 2020 Annual Meeting of Stockholders. The following named nominee was elected, with the vote thereon at the Annual Meeting as follows: |
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59,087,513 | 1,055,090 | 4,197,298 |
(b) |
To ratify the selection by the Audit Committee of the Board of Directors of PricewaterhouseCoopers LLP as the independent auditors of Cavium for its fiscal year ending December31, 2017. This proposal was approved, with the votes thereon at the Annual Meeting as follows: |
Final Voting Results |
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300,379 | 114,671 |
(c) |
To approve, on an advisory basis, the compensation of the Cavium named executive officers, as disclosed in the proxy statement for the 2017 Annual Meeting. This proposal was approved, with votes thereon at the Annual Meeting as follows: |
Final Voting Results |
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6,295,976 | 117,885 | 4,197,298 |
(d) |
To indicate, on an advisory basis, the preferred frequency of stockholder advisory votes on the compensation of Caviums named executive officers. The frequency of one year was approved, with votes thereon at the Annual Meeting as follows: |
Final Voting Results |
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8,360 | 3,271,716 | 129,236 |
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Cavium has determined to hold an advisory vote on the
compensation of the companys named executive officers on an
annual basis, consistent with the advisory vote of the
stockholders at the 2017 Annual Meeting.
About CAVIUM, INC. (NASDAQ:CAVM)
Cavium, Inc. is a provider of semiconductor processors, which enables processing for wired and wireless networking, communications, storage, cloud, wireless, security, video and connected home and office applications. The Company’s products include OCTEON, OCTEON Fusion, OCTEON XL, LiquidIO, NITROX, NEURON Search, ThunderX, Xpliant and XPA. It serves providers of networking equipment that sell into the enterprise, datacenter, service provider, and broadband and consumer markets. In the enterprise market, its products are used in routers, switches, wireless local area networks and unified threat management (UTM). In the datacenter market, its products are used in servers and server load balancers. In the service provider market in wired infrastructure, its products are used in edge routers, cable modem termination system head-ends and media gateways, and in wireless infrastructure. In the broadband and consumer market, its products are used in home gateways and UTM, among others.
