Ciena Corporation (NYSE:CIEN) 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
Ciena held its annual meeting of stockholders on March 28, 2019. As of the February 1, 2019 record date, there were 156,336,210 shares of common stock outstanding and entitled to notice of and to vote at the annual meeting. The matters described below were voted on by stockholders at the annual meeting and the number of votes cast with respect to each matter, and with respect to the election of directors, were as indicated below:
|
Proposal 1 |
For |
Against |
Abstain |
Non-Votes |
|
Election to the Board of Directors of two Class I directors: |
||||
|
Lawton W. Fitt |
117,176,633 |
9,673,141 |
1,591,392 |
15,048,340 |
|
Patrick H. Nettles, Ph.D. |
118,246,158 |
8,610,424 |
1,584,584 |
15,048,340 |
|
Election to the Board of Directors of one Class II director: |
||||
|
Joanne B. Olsen |
125,345,362 |
1,509,083 |
1,586,721 |
15,048,340 |
Each director nominee above was elected by the vote of the majority of the votes cast by stockholders in accordance with Ciena’s bylaws. The Class I directors will each serve a three-year term expiring at the 2022 annual meeting of stockholders. In accordance with Ciena’s bylaws, the Class II director previously appointed by the Board of Directors will serve the remainder of her term until the 2020 annual meeting of stockholders.
|
Proposal 2 |
For |
Against |
Abstain |
Non-Votes |
|
Ratification of the appointment of PricewaterhouseCoopers LLP as Ciena’s independent registered public accounting firm for the fiscal year ending October 31, 2019: |
140,549,679 |
2,826,189 |
113,638 |
Proposal 2 was approved by the affirmative vote of a majority of the total votes cast by stockholders.
|
Proposal 3 |
For |
Against |
Abstain |
Non-Votes |
|
A stockholder advisory vote on the named executive officer compensation described in the proxy materials: |
118,882,288 |
9,340,648 |
218,230 |
15,048,340 |
Proposal 3 was approved by the affirmative vote of a majority of the total votes cast by stockholders.
|
About Ciena Corporation (NYSE:CIEN) Ciena Corporation is a network specialist that focuses on providing communications networking solutions. The Company operates through four segments: Converged Packet Optical, Packet Networking, Optical Transport, and Software and Services. Its Converged Packet Optical portfolio includes networking solutions optimized for the convergence of coherent optical transport, optical transport network (OTN) switching and packet switching. Its Optical Transport products include stand-alone wavelength-division multiplexing (WDM) and synchronous optical networking/synchronous digital hierarchy (SONET/SDH)-based optical transport solutions. Its Packet Networking portfolio includes 8700 Packetwave platform, a multi-terabit packet switching platform for high-density metro networks and inter-data center wide area networks. Its software business consists of the development and licensing of element and network management software, and software-related services that support its hardware offerings. |
