Cognex Corporation (NASDAQ:CGNX) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k

8 years ago

Cognex Corporation (NASDAQ:CGNX) 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

On April 27, 2017, Cognex Corporation (the Company) held its 2017
Annual Meeting of Shareholders (the Meeting). As of the record
date for the Meeting, there were 86,649,349 shares of common
stock of the Company outstanding and entitled to vote. The
79,695,273 shares represented at the Meeting were voted as
follows:

The election of Patrick A. Alias, Theodor Krantz and J.
Bruce Robinson as Directors to serve for a term ending in
2020. Each nominee for director was elected by a vote of
the shareholders as follows:

	For	Against	Abstained	Broker Non-Votes

Patrick A. Alias	67,854,572	3,592,882	941,175	7,306,644
Theodor Krantz	70,479,697	962,748	946,184	7,306,644
J. Bruce Robinson	70,438,312	1,007,384	942,933	7,306,644

To cast a non-binding advisory vote to approve the
compensation of the Companys named executive officers
as described in the Proxy Statement including the
Compensation Discussion and Analysis, compensation
tables and narrative discussion (say-on-pay). The
proposal was approved by a vote of the shareholders as
follows:

	For	69,092,632
	Against	2,301,761
	Abstained	994,236
	Broker Non-Votes	7,306,644

To cast a non-binding advisory vote regarding the
frequency of say-on-pay proposals. The voting results
on this proposal were as follows:

	Annual	64,056,015
	Biennial	221,222
	Triennial	7,143,355
	Abstained	968,037
	Broker Non-Votes	7,306,644

Based on these results, and consistent with the
recommendation of the Board of Directors, the Company
will continue to conduct an advisory vote on the
compensation of the Companys named executive officers
on an annual basis until the next advisory vote on the
frequency of such say-on-pay votes.

To ratify the selection of Grant Thornton LLP as the
Companys independent registered public accounting firm
for fiscal year 2017. The proposal was approved by a
vote of the shareholders as follows:

	For	78,168,740
	Against	568,195
	Abstained	958,338
	Broker Non-Votes

To consider and act upon a shareholder proposal
regarding the composition of the initial list of
candidates from which new director nominees are chosen,
if properly presented at the meeting. The proposal was
approved by a vote of the shareholders as follows:

	For	44,777,144
	Against	26,535,741
	Abstained	1,075,744
	Broker Non-Votes	7,306,644

No other matters were voted upon at the Meeting.

About Cognex Corporation (NASDAQ:CGNX)
Cognex Corporation (Cognex) is a provider of machine vision products that capture and analyze visual information in order to automate tasks, primarily in manufacturing processes, where vision is required. The Company’s machine vision products are used to automate the manufacture and tracking of discrete items, such as mobile phones, aspirin bottles and automobile tires, by locating, identifying, inspecting and measuring them during the manufacturing or distribution process. The Company’s products include vision software, vision systems, vision sensors and ID products. Its products range from vision sensors that are integrated, to personal computer (PC)-based systems for users. Its products have a range of physical forms, depending upon the user’s need. Cognex sells its products through a direct sales force, as well as through a global network of integration and distribution partners. Its service offerings include maintenance and support, consulting and training services. Cognex Corporation (NASDAQ:CGNX) Recent Trading Information
Cognex Corporation (NASDAQ:CGNX) closed its last trading session up +4.59 at 90.22 with 1,169,222 shares trading hands.