HARMONIC INC. (NASDAQ:HLIT) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k
-
0

HARMONIC INC. (NASDAQ:HLIT) 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.
The Company held its 2017 Annual Meeting of Stockholders (the
2017 Annual Meeting) at 9:00 a.m. Pacific Time on Tuesday, June
13, 2017. The Annual Meeting was a virtual meeting held over the
Internet at www.virtualshareholdermeeting.com/HLIT. As of April
17, 2017, the record date for the 2017 Annual Meeting, there were
80,516,184 shares of common stock issued and outstanding. A
quorum of 74,871,574 shares of common stock was present or
represented at the 2017 Annual Meeting. All matters submitted to
a vote of the Companys stockholders at the 2017 Annual Meeting
were approved. Those matters were as follows:
1.
Stockholders elected seven (7) directors to serve until the
earlier of the 2018 Annual Meeting of Stockholders or until
their successors are elected and duly qualified.
NAME
FOR
WITHHELD
BROKER NON-VOTE
Patrick J. Harshman
52,941,351
7,614,344
14,315,879
Patrick Gallagher
52,944,793
7,610,902
14,315,879
E. Floyd Kvamme
52,280,843
8,274,852
14,315,879
Mitzi Reaugh
52,950,363
7,605,332
14,315,879
William F. Reddersen
52,696,439
7,859,256
14,315,879
Susan G. Swenson
48,623,106
11,932,589
14,315,879
Nikos Theodosopoulos
52,945,048
7,610,647
14,315,879
2.
Stockholders approved, on an advisory basis, the
compensation of the named executive officers.
FOR
AGAINST
ABSTAIN
BROKER NON-VOTE
59,136,040
1,360,570
59,085
14,315,879
3.
Stockholders approved, on an advisory basis, the frequency
of future advisory votes on Harmonics named executive
officer compensation.
1 YEAR
2 YEARS
3 YEARS
ABSTAIN
BROKER NON-VOTE
54,038,626
95,824
6,378,720
42,525
14,315,879
4.
Stockholders approved an amendment to the Companys 2002
Employee Stock Purchase Plan to increase the number of
shares of common stock reserved for issuance thereunder by
1,500,000 shares.
FOR
AGAINST
ABSTAIN
BROKER NON-VOTE
59,661,138
848,096
46,461
14,315,879
5.
Stockholders approved an amendment to the Companys 1995
Stock Plan to (i) increase the number of shares of common
stock reserved for issuance thereunder by 7,000,000 shares
and (ii) extend the term of the 1995 Stock Plan to March 1,
2025.
FOR
AGAINST
ABSTAIN
BROKER NON-VOTE
57,475,819
2,994,339
85,537
14,315,879
6.
Stockholders approved an amendment to the Companys 2002
Director Stock Plan to (i) increase the number of shares of
common stock reserved for issuance thereunder by 400,000
shares and (ii) extend the term of the 2002 Director Stock
Plan to March 1, 2025.
FOR
AGAINST
ABSTAIN
BROKER NON-VOTE
57,578,799
2,925,104
51,792
14,315,879
7.
Stockholders ratified the appointment of
PricewaterhouseCoopers LLP as the independent registered
public accounting firm of the Company for the fiscal year
ending December 31, 2017.
FOR
AGAINST
ABSTAIN
73,114,711
1,479,293
277,570


About HARMONIC INC. (NASDAQ:HLIT)

Harmonic Inc. (Harmonic) designs, manufactures and sells video infrastructure products and system solutions. The Company has two segments: Video and Cable Edge. Harmonic provides technical support and professional services to its customers around the world. The Video segment sells video processing and production, and playout solutions and services to broadcast and media companies, streaming media companies, cable operators, and satellite and telecommunications (telco), and pay television (TV) service providers. Its Cable Edge business sells cable edge solutions and related services to cable operators. The Video segment offers software-based media processing platforms. The products in the video segment include video processing solutions, and video production platforms and playout solutions. The Cabled Edge segment offers products, including edge quadrature amplitude modulation (QAM) products, centralized converged cable access platform (CCAP) Solution and Distributed CCAP Solution.