FORMFACTOR, INC. (NASDAQ:FORM) Files An 8-K Submission of Matters to a Vote of Security Holders

FORMFACTOR, INC. (NASDAQ:FORM) Files An 8-K Submission of Matters to a Vote of Security Holders

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Item 5.07. Submission of Matters to a Vote of Security Holders.

FormFactor, Inc. (the Company) held its 2017 Annual Meeting of
Stockholders (the Annual Meeting) on May 26, 2017 at its
corporate headquarters at 7005 Southfront Road, Livermore,
California 94551. At the meeting, the Companys stockholders voted
on the following five (5) proposals and cast their votes as
follows:
Proposal 1: Election of three Class II directors to the Companys
Board of Directors, each to serve until his successor has been
elected and qualified or until his earlier death, resignation or
removal. The director nominees were:
Nominee
For
Against
Abstain
Broker Non-Votes
Raymond A. Link
58,778,648
622,452
5,076
8,251,832
Michael D. Slessor
58,779,864
621,346
4,966
8,251,832
Thomas St. Dennis
57,686,194
1,715,065
4,916
8,251,833
Each director nominee was elected a director of the Company.
Proposal 2: Non-binding advisory vote to approve the Companys
executive compensation:
For
Against
Abstain
Broker Non-Vote
58,617,787
714,012
74,376
8,251,833
The Companys stockholders approved, on an advisory basis, the
compensation of the named executive officers as disclosed in the
Proxy Statement relating to the Annual Meeting:
Proposal 3: Non-Binding Advisory Vote on the Frequency of
Stockholder Advisory Votes on Executive Compensation.
Every 1 Year
Every 2 Year
Every 3 Year
Abstain
Broker Non-Vote
49,993,400
28,061
9,309,992
74,723
8,251,832
On an advisory basis, the Companys stockholders indicated their
preference for the advisory vote on executive compensation to be
held annually. In response to the voting results and other
factors, the Companys Board of Directors determined that the
Company will hold an advisory vote on the named executive officer
compensation every year. The Company will continue to hold
advisory votes on named executive officer compensation every year
until the next required advisory vote on the frequency of future
advisory votes on named executive officer compensation. Under the
Dodd-Frank Wall Street Reform and Consumer Protection Act, the
Company is required to provide stockholders at least once every
six calendar years the opportunity to cast a non-binding advisory
vote on the frequency of stockholder votes on executive
compensation.
Proposal 4: Ratification of KPMG LLP as the Companys independent
registered public accounting firm for fiscal year 2017:
For
Against
Abstain
67,528,196
56,071
73,741
This proposal was approved.
Proposal 5: Amendment and restatement of the 2012 Equity
Incentive Plan to increase the number of shares reserved for
issuance by 6,000,000 shares:
For
Against
Abstain
Broker Non-Vote
53,140,093
6,236,819
29,263
8,251,833
2


About FORMFACTOR, INC. (NASDAQ:FORM)

FormFactor, Inc. designs, develops, manufactures, sells and supports semiconductor probe card products. The Company is a supplier of probe cards to the manufacturers of dynamic random-access memory (DRAM), flash memory devices, microprocessor, chipset and other system on chip (SoC) devices. Semiconductor manufacturers use its probe cards to perform wafer test, which is the testing of the semiconductor die, or chips. The Company’s products utilize a range of technologies, including micro-electromechanical systems (MEMS) technologies, automation systems, various product architectures and design tools. Its MEMS technologies enable manufacturing of multi-material composite spring-like electrically-conductive contact elements. These contact elements, such as its MicroSpring contacts, optimize the relative amounts of force on, and across, a chip’s bond pad, solder bump or copper pillar during the test process, and maintain their shape and position over a range of compression.

FORMFACTOR, INC. (NASDAQ:FORM) Recent Trading Information

FORMFACTOR, INC. (NASDAQ:FORM) closed its last trading session down -0.18 at 14.52 with 1,248,859 shares trading hands.

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