HUBSPOT, INC. (NYSE:HUBS) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07. Submission of Matters to a Vote of Security Holders.
On June7, 2017, HubSpot, Inc. (the Company) held its annual
meeting of stockholders (the Annual Meeting) to consider and vote
on the four proposals set forth below, each of which is described
in greater detail in the Companys definitive proxy statement
filed with the U.S. Securities and Exchange Commission on
April25, 2017. The final voting results are set forth below.
Proposal 1 Election of Directors
The stockholders elected each of the three persons named below to
serve as a ClassIII director to serve a three-year term ending at
the 2020 annual meeting or until his or her successor is elected
and qualified. The results of such vote were as follows:
Director Name |
VotesFor |
Votes Withheld |
Broker Non-Votes |
|||
Julie Herendeen |
22,409,613 | 7,738,035 | 5,135,559 | |||
Michael Simon |
22,431,093 | 7,716,555 | 5,135,559 | |||
Jay Simons |
29,965,659 | 181,989 | 5,135,559 |
Proposal 2 Ratification of Appointment of Independent
Registered Public Accounting Firm
The stockholders ratified the appointment of
PricewaterhouseCoopers LLP to perform the audit of the Companys
consolidated financial statements for the fiscal year ending
December31, 2017. The results of such vote were as follows:
Votes For |
VotesAgainst |
Abstentions |
||
35,272,301 | 9,732 | 1,174 |
Proposal 3 To approve on an advisory non-binding basis, the
compensation of the Companys named executive officers
The stockholders approved the non-binding, advisory proposal to
approve the compensation of the Companys named executive
officers. The results of such vote were as follows:
Votes For |
VotesAgainst |
Abstentions |
Broker Non-Votes |
|||
29,117,845 | 1,018,274 | 11,529 | 5,135,559 |
Proposal 4 To consider a non-binding proposal to give advisory
approval with respect to the frequency that stockholders will
vote on the Companys executive compensation
The stockholders voted, on an advisory basis, that future
advisory votes on executive compensation should be submitted to
stockholders every year. The results of such vote were as
follows:
1 Year |
2 Years |
3 Years |
Abstentions |
Broker Non-Votes |
||||
27,969,470 | 593,467 | 1,582,693 | 2,018 | 5,135,559 |
Based on the votes set forth above, the Companys stockholders
approved, on a non-binding, advisory basis, a frequency of One
Year for the non-binding, advisory vote on the compensation of
the Companys named executive officers. The Board of Directors
considered these voting results and other factors, and has
determined that the Company will hold future advisory votes on
its executive compensation on an annual basis.
About HUBSPOT, INC. (NYSE:HUBS)
HubSpot, Inc. (HubSpot) provides a cloud-based marketing and sales software platform. The Company’s software platform features integrated applications, which include social media, search engine optimization (SEO), blogging, Website content management, marketing automation, e-mail, customer relationship management (CRM), analytics and reporting. The Company sells three product plans: HubSpot Basic, which includes its platform with applications, such as blogging, landing pages, Social Inbox, e-mail marketing, and analytics and reporting; HubSpot Pro, which includes the platform with all the applications included in HubSpot Basic and also applications, such as CRM integration, marketing automation and smart content, and HubSpot Enterprise, which includes its platform with all the applications included in HubSpot Pro and also applications, such as A/B testing and optimization, tracking custom events and reporting capabilities. The Company also offers professional services and support.