Finisar Corporation (NASDAQ:FNSR) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 Submission of Matters to a Vote of Security Holders
On September 5, 2017, Finisar Corporation (the “Company”) held its annual meeting of stockholders. At the annual meeting, the following matters were submitted to a vote of the Company’s stockholders, with the voting results set forth below.
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1. |
The Company’s stockholders elected the following two persons to serve as Class III directors, to hold office for three-year terms: |
|
Name |
For |
Broker Non-Votes |
|
Michael L. Dreyer |
81,618,827 |
1,153,797 |
|
Thomas E. Pardun |
81,614,640 |
1,157,984 |
|
2. |
The Company’s stockholders ratified the appointment of BDO USA, LLP to serve as the Company’s independent registered public accounting firm for the fiscal year ending April 29, 2018: |
|
Votes For: |
99,091,662 |
|
Votes Against: |
199,872 |
|
Abstain: |
622,566 |
|
Broker Non-Votes: |
|
3. |
The Company’s stockholders approved a non-binding advisory resolution regarding the compensation of the Company’s named executive officers, as disclosed in the Company’s proxy statement for the annual meeting: |
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Votes For: |
65,502,600 |
|
Votes Against: |
16,523,262 |
|
Abstain: |
746,762 |
|
Broker Non-Votes: |
17,141,476 |
|
4. |
The Company’s stockholders approved a non-binding advisory resolution regarding the option of every “ONE YEAR” as the frequency of future advisory votes on the compensation of the Company’s named executive officers: |
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One Year: |
70,038,363 |
|
Two Years: |
199,378 |
|
Three Years |
11,780,744 |
|
Abstain: |
754,139 |
|
Broker Non-Votes: |
17,141,476 |
About Finisar Corporation (NASDAQ:FNSR)
Finisar Corporation (Finisar) is a provider of optical subsystems and components that are used in data communication and telecommunication applications. The Company’s optical subsystems consist of transmitters, receivers, transceivers, transponders and active optical cables, which provide the fundamental optical-electrical or optoelectronic interface for interconnecting the electronic equipment used in these networks, including the switches, routers, and servers used in wireline networks. These products rely on the use of semiconductor lasers and photodetectors in conjunction with integrated circuits and optoelectronic packaging to provide a means for transmitting and receiving digital signals over fiber optic cable at speeds ranging from less than one gigabit per second (Gbps), to more than 100 Gbps, over distances of less than 10 meters to more than 2,000 kilometers, using a range of network protocols and physical configurations. Finisar Corporation (NASDAQ:FNSR) Recent Trading Information
Finisar Corporation (NASDAQ:FNSR) closed its last trading session down -1.04 at 20.95 with 14,484,352 shares trading hands.
