ENVESTNET,INC. (NYSE:ENV) Files An 8-K Submission of Matters to a Vote of Security Holders
ME Staff 8-k
ENVESTNET,INC. (NYSE:ENV) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07. Submission of Matters to a Vote of Security Holders.
At the 2017 Annual Meeting held on July13, 2017, the Company’s stockholders voted on (1)the election of three ClassII directors nominated by the Board of Directors to serve until the 2020 Annual Meeting of Stockholders or until their successors are elected and qualified; (2)the approval, on an advisory basis, of 2016 executive compensation; (3)the approval, on an advisory basis, of whether executive compensation should be submitted to stockholders for an advisory vote every one, two or three years; (4)the ratification of the appointment of KPMG LLP as independent auditors for the fiscal year ending December31, 2017; and (5)the approval of the 2010 Long-Term Incentive Plan as amended through the Fourth Amendment.
The table below sets forth the number of votes cast for and against for each matter voted upon by the Company’s stockholders.
PROPOSAL 1
Election of Directors to serve until the 2020 Annual Meeting of Stockholders.
NOMINEE
FOR
WITHHELD
BROKERNON-VOTES
Luis Aguilar
39,010,216
299,348
3,200,213
Ross Chapin
38,130,703
1,178,861
3,200,213
James Fox
37,731,843
1,577,721
3,200,213
PROPOSAL 2
The approval, on an advisory basis, of 2016 executive compensation.
SHARES
For:
25,176,007
Against:
14,033,833
Abstain:
99,724
Broker Non-Votes:
3,200,213
PROPOSAL 3
The approval, on an advisory basis, of whether executive compensation should be submitted to stockholders for an advisory vote every one, two or three years:
SHARES
For 1 Year:
38,446,461
For 2 Year:
34,281
For 3 Year:
713,050
Abstain:
115,772
Broker Non-Votes:
3,200,213
PROPOSAL 4
The ratification of the appointment of KPMG LLP as independent auditors for the fiscal year ending December31, 2017.
SHARES
For:
42,325,524
Against:
69,413
Abstain:
114,840
Broker Non-Votes:
PROPOSAL 5
The approval of the 2010 Long-Term Incentive Plan as amended through the Fourth Amendment:
SHARES
For:
36,737,837
Against:
2,458,518
Abstain:
113,209
Broker Non-Votes:
3,200,213
About ENVESTNET,INC. (NYSE:ENV) Envestnet, Inc. is a provider of financial and wealth management technology and services to financial advisors, investors and financial service providers. The Company’s segments are Envestnet and Envestnet/Yodlee. Its Envestnet segment provides unified wealth management software and services empowering financial advisors and institutions. Its Envestnet/Yodlee segment is a data aggregation and data analytics platform. Its services and related technology are provided through Envestnet’s wealth management software, Envestnet/PMC, Envestnet/Tamarac, Vantage Reporting Solution, Envestnet/WMS, Envestnet/Placemark, Envestnet/Retirement Solutions, Envestnet/Yodlee and Envestnet/Finance Logix. It operates approximately five Registered Investment Advisors (RIAs) and a registered broker-dealer. Its centrally-hosted technology platform services include risk assessment and selection of investment strategies and solutions, asset allocation models, and research and due diligence.