INVENSENSE, INC. (NYSE:INVN) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07
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Submission of Matters to a Vote of Security Holders |
On May17, 2017, InvenSense, Inc. (the Company) held a special
meeting of stockholders (the Special Meeting) at its offices in
San Jose, California. As of the close of business on March23,
2017, the record date, there were 95,594,793 shares issued,
outstanding and eligible to vote at the Special Meeting.
At the Special Meeting, the stockholders of the Company voted on
and approved the following three proposals, with the final
results included below:
Proposal 1: To adopt the Agreement and Plan of
Merger, dated as of December21, 2016, as it may be amended from
time to time, entered into by and among the Company, TDK
Corporation and TDK Sensor Solutions Corporation, an indirect
wholly owned subsidiary of TDK Corporation, to which the Company
would be acquired by TDK Corporation (the Merger Proposal).
|
For |
Against |
Abstain |
||
| 55,036,708 | 752,578 | 177,040 |
Proposal 2: To approve, on a non-binding,
advisory basis, the compensation that may be paid or become
payable to the Companys named executive officers in connection
with the Merger.
|
For |
Against |
Abstain |
||
| 52,085,372 | 3,324,193 | 556,761 |
Proposal 3: To approve the postponement or
adjournment of the special meeting, if necessary or appropriate,
to solicit additional proxies in favor of the Merger Proposal if
there are insufficient votes at the time of the Special Meeting
to approve the Merger Proposal.
|
For |
Against |
Abstain |
||
| 51,663,812 | 4,012,198 | 290,316 |
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About INVENSENSE, INC. (NYSE:INVN)
InvenSense, Inc. (InvenSense) is engaged in designing, developing, marketing and selling of sensor system-on-chip (SoC), including accelerometers, gyroscopes and microphones for the mobile, wearable, smart home, gaming, industrial and automotive market segments. The Company delivers solutions based on its motion and sound technology; focused on solutions, such as smartphones, tablets, wearables, console and portable video gaming devices, digital television and set-top box remote controls, fitness accessories, sports equipment, digital still cameras, automobiles, ultra-books, laptops, hearing aids, stabilization systems, tools, navigation devices, remote controlled toys and other household consumer and industrial devices. Its motion solutions detect and track an object’s motion in three-dimensional space. INVENSENSE, INC. (NYSE:INVN) Recent Trading Information
INVENSENSE, INC. (NYSE:INVN) closed its last trading session 00.00 at 12.99 with 5,619,013 shares trading hands.
