Ciena Corporation (NYSE:CIEN) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k

8 years ago

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 23, 2017. As
of the January 26, 2017 record date, there were 141,262,606 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 three Class II directors:
Harvey B. Cash	108,715,807	5,720,029	1,207,952	14,746,317
Judith M. O’Brien	112,179,109	2,255,008	1,209,671	14,746,317
Gary B. Smith	112,405,339	2,038,810	1,199,639	14,746,317

Each director nominee above was elected by the vote of the majority
of the votes cast by stockholders in accordance with Ciena’s
bylaws and will serve a three-year term expiring at the 2020 annual
meeting of stockholders. In addition, the following directors
continued to hold office after the annual meeting: Bruce L.
Claflin, Lawton W. Fitt, Patrick T. Gallagher, Patrick H. Nettles,
Ph.D., T. Michael Nevens and Michael J. Rowny.



Proposal 2	For	Against	Abstain	Non-Votes

Approval of Ciena’s 2017 Omnibus Incentive Plan:	112,093,274	3,366,100	184,414	14,746,317

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

Ratification of the appointment of PricewaterhouseCoopers LLP as Ciena’s independent registered public accounting firm for the fiscal year ending October 31, 2017:	128,073,184	2,146,511	170,410

Proposal 3 was approved by the affirmative vote of a majority of
the total votes cast by stockholders.



Proposal 4	For	Against	Abstain	Non-Votes

A stockholder advisory vote on the named executive officer compensation described in the proxy materials:	105,746,635	9,679,942	217,211	14,746,317

Proposal 4 was approved by the affirmative vote of a majority of
the total votes cast by stockholders.



Proposal 5	Every Year	Every Two Years	Every Three Years	Abstain	Non-Votes

A stockholder advisory vote on the frequency of future stockholder advisory votes on named executive officer compensation:	101,729,856	82,446	13,697,675	133,811	14,746,317

A majority of the total votes cast by stockholders on Proposal 5
were cast in favor of holding the stockholder advisory vote on
named executive officer compensation every year.

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. Ciena Corporation (NYSE:CIEN) Recent Trading Information
Ciena Corporation (NYSE:CIEN) closed its last trading session up +0.06 at 23.67 with 1,857,310 shares trading hands.