ECHOSTAR CORPORATION (NASDAQ:SATS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

ME Staff 8-k
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ECHOSTAR CORPORATION (NASDAQ:SATS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.

At the 2017 Annual Meeting of Shareholders of EchoStar
Corporation (EchoStar) held on May 2, 2017, EchoStars
shareholders approved the EchoStar Corporation 2017 Stock
Incentive Plan (the 2017 Stock Incentive Plan) and the Amended
and Restated 2017 EchoStar Corporation Employee Stock Purchase
Plan (the AR 2017 ESPP). A description of the material terms of
the 2017 Stock Incentive Plan and the AR 2017 ESPP are set forth
on pages 42-47 and pages 52-54, respectively, of EchoStars
Definitive Proxy Statement on Schedule 14A, which was filed with
the Securities and Exchange Commission on March 23, 2017 and is
incorporated herein by reference. The descriptions of the 2017
Stock Incentive Plan and the AR 2017 ESPP are qualified in their
entirety by reference to the 2017 Stock Incentive Plan and the AR
2017 ESPP, respectively, which are included herein as Exhibits
10.1 and 10.2, respectively, and incorporated herein by
reference.
Item 5.07. Submission of Matters to a Vote of Security Holders.
On May 2, 2017, EchoStar held its 2017 Annual Meeting of
Shareholders.
The following matters were voted upon:
1.
Election of R. Stanton Dodge, Michael T. Dugan, Charles W.
Ergen, Anthony M. Federico, Pradman P. Kaul, Tom A. Ortolf,
C. Michael Schroeder, and William David Wade as directors
to serve until the 2018 Annual Meeting of Shareholders or
until their respective successors shall be duly elected and
qualified;
2.
Ratification of the appointment of KPMG LLP as EchoStars
independent registered public accounting firm for the
fiscal year ending December 31, 2017;
3.
Non-binding advisory vote on the compensation of EchoStars
named executive officers;
4.
Non-binding advisory vote on the frequency of future
advisory votes on the compensation of EchoStars named
executive officers;
5.
Approval of the EchoStar Corporation 2017 Stock Incentive
Plan;
6.
Approval of the EchoStar Corporation 2017 Non-Employee
Director Stock Incentive Plan; and
7.
Approval of the Amended and Restated 2017 EchoStar
Corporation Employee Stock Purchase Plan.
The following are the final voting results for each of the seven
items voted on at the meeting:
Proposal 1: Election of Directors:
Votes
Nominee
For
Withheld
Broker
Non-Votes
R. Stanton Dodge
488,208,169
27,387,929
3,552,678
Michael T. Dugan
507,193,182
8,402,916
3,552,678
Charles W. Ergen
505,936,241
9,659,857
3,552,678
Anthony M. Federico
511,250,254
4,345,844
3,552,678
Pradman P. Kaul
506,436,097
9,160,001
3,552,678
Tom A. Ortolf
511,861,822
3,734,276
3,552,678
C. Michael Schroeder
511,873,283
3,722,815
3,552,678
William David Wade
514,912,845
683,253
3,552,678
Proposal 2: Ratification of the appointment of KPMG LLP:
Votes
For
Against
Abstain
518,841,277
296,944
10,555
Proposal 3: Non-binding Advisory Vote on Executive Compensation:
Votes
For
Against
Abstain
Broker
Non-Votes
514,916,888
666,589
12,621
3,552,678
Proposal 4: Non-binding Advisory Vote on the Frequency of Future
Advisory Votes on Executive Compensation:
Votes
1 Year
2 Years
3 Years
Abstain
Broker
Non-Votes
29,640,687
13,346
485,933,885
8,180
3,552,678
Proposal 5: EchoStar Corporation 2017 Employee Stock Incentive
Plan:
Votes
For
Against
Abstain
Broker
Non-Votes
481,941,377
33,644,427
10,294
3,552,678
Proposal 6: EchoStar Corporation 2017 Non-Employee Director
Incentive Plan:
Votes
For
Against
Abstain
Broker
Non-Votes
482,399,852
33,182,435
13,811
3,552,678
Proposal 7: Amended and Restated 2017 EchoStar Corporation
Employee Stock Purchase Plan:
Votes
For
Against
Abstain
Broker
Non-Votes
515,552,015
33,203
10,880
3,552,678
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No.
Description
Exhibit 10.1
EchoStar Corporation 2017 Stock Incentive Plan
(incorporated by reference to EchoStar Corporations
Definitive Proxy Statement on Schedule 14A, filed March
23, 2017, Commission File No. 001-33807).
Exhibit 10.2
EchoStar Corporation 2017 Amended and Restated Employee
Stock Purchase Plan (incorporated by reference to
EchoStar Corporations Definitive Proxy Statement on
Schedule 14A, filed March 23, 2017, Commission File No.
001-33807).


About ECHOSTAR CORPORATION (NASDAQ:SATS)

EchoStar Corporation is a holding company. The Company operates through three segments: Hughes, EchoStar Technologies (ETC) and EchoStar Satellite Services (ESS). Its operations also include real estate and other activities. The Company’s Hughes segment provides broadband satellite technologies and services for the home and office, delivering network technologies, managed services, and solutions for consumers, enterprises and governments. The Company’s EchoStar Technologies segment provides end-to-end video and broadcast technology products and services to businesses and directly to consumers. It provides satellite services on a full-time and occasional-use basis to DISH Network, Dish Mexico, the United States Government service providers, Internet service providers, broadcast news organizations, programmers and private enterprise customers.

ECHOSTAR CORPORATION (NASDAQ:SATS) Recent Trading Information

ECHOSTAR CORPORATION (NASDAQ:SATS) closed its last trading session up +0.48 at 58.59 with 150,401 shares trading hands.