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.
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.
Shareholders.
|
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. |
items voted on at the meeting:
|
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
|
||||
|
Votes
|
|||||||
|
For
|
Against
|
Abstain
|
|||||
|
518,841,277
|
296,944
|
10,555
|
|||||
|
Votes
|
||||||||
|
For
|
Against
|
Abstain
|
Broker
Non-Votes
|
|||||
|
514,916,888
|
666,589
|
12,621
|
3,552,678
|
|||||
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
|
||||||
Plan:
|
Votes
|
||||||||
|
For
|
Against
|
Abstain
|
Broker
Non-Votes
|
|||||
|
481,941,377
|
33,644,427
|
10,294
|
3,552,678
|
|||||
Incentive Plan:
|
Votes
|
||||||||
|
For
|
Against
|
Abstain
|
Broker
Non-Votes
|
|||||
|
482,399,852
|
33,182,435
|
13,811
|
3,552,678
|
|||||
Employee Stock Purchase Plan:
|
Votes
|
||||||||
|
For
|
Against
|
Abstain
|
Broker
Non-Votes
|
|||||
|
515,552,015
|
33,203
|
10,880
|
3,552,678
|
|||||
|
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.