Etsy, Inc. (NASDAQ:ETSY) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k
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Etsy, Inc. (NASDAQ:ETSY) 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

Etsy, Inc. (Etsy) held its 2017 Annual Meeting of Stockholders (the
Annual Meeting) on June 8, 2017. Stockholders voted on the
proposals set forth below.
1.
Proposal 1 – Election of Directors
Each of the Class II director nominees to the Board of Directors
was elected to serve until Etsy’s 2020 Annual Meeting of
Stockholders and until his or her successor has been elected and
qualified. The votes cast were as follows:
Director Name
Votes For
Votes Withheld
Broker Non-Votes
M. Michele Burns
65,552,591
12,444,087
23,083,765
Josh Silverman
75,561,085
2,435,593
23,083,765
Fred Wilson
68,549,669
9,447,009
23,083,765
2.
Proposal 2 – Ratification of the Appointment of Independent
Registered Public Accounting Firm
Stockholders ratified the appointment of PricewaterhouseCoopers LLP
as Etsys independent registered public accounting firm for the
fiscal year ending December 31, 2017. The votes cast were as
follows:
Votes For
Votes Against
Abstentions
100,710,710
218,497
151,236
3.
Proposal 3 – Advisory Vote on Executive Compensation
Stockholders approved, on an advisory basis, the compensation of
Etsy’s named executive officers, as disclosed in Etsy’s Proxy
Statement for the Annual Meeting. The votes cast were as follows:
Votes For
Votes Against
Abstentions
Broker Non-Votes
75,255,427
2,670,842
70,409
23,083,765
4.
Proposal 4 – Advisory Vote on the Frequency of Future
Advisory Votes on Executive Compensation
Stockholders recommended, on an advisory basis, every 1 Year as the
frequency of future advisory votes on named executive officer
compensation. The votes cast were as follows:
1 Year
2 Years
3 Years
Abstentions
Broker Non-Votes
73,420,472
27,219
4,525,713
23,274
23,083,765
Based on these voting results, and the Board’s recommendation
that was included in the Proxy Statement for the Annual Meeting,
Etsy has determined to hold a stockholder advisory vote on named
executive officer compensation every year until the next required
vote on the frequency of advisory votes on named executive
officer compensation.


About Etsy, Inc. (NASDAQ:ETSY)

Etsy, Inc. (Etsy) operates a marketplace to connect people around the both online and offline for making, selling and buying goods. The Company’s geographical segments include United States and International. The Company’s community includes Etsy sellers, Etsy buyers, wholesale partners, manufacturers and Etsy employees. The Company’s platform includes marketplace, Seller Services, technology and community, both online and offline. The Company offers a range of services to help Etsy sellers build their personal brands, engage customers and complete transactions. The Company has over three seller services: Promoted Listings, Direct Checkout and Shipping Labels. Its Promoted Listings offering enables an Etsy seller to pay a cost-per-click-based fee to feature and promote her goods in search results generated by Etsy buyers on its platform. Its Direct Checkout offering allows Etsy sellers to accept various forms of payment, such as credit cards, debit cards, PayPal and Etsy gift cards.