NETLIST,INC. (NASDAQ:NLST) 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 May31, 2017, Netlist,Inc. (theCompany) held its 2017 Annual
Meeting of Stockholders (theAnnual Meeting) in Irvine,
California. As of April3, 2017, the record date for the Annual
Meeting, there were 61,736,455 shares of the Companys common
stock issued and outstanding and entitled to vote on the
proposals presented at the Annual Meeting. A total of 45,582,905
shares of the Companys common stock, which constituted a quorum,
were present in person or by proxy at the Annual Meeting. Set
forth below are the final voting results for each of the three
proposals submitted to a vote of the Companys stockholders at the
Annual Meeting.
Proposal 1 Election of Directors. The Companys
stockholders elected the six persons named below as directors of
the Company, each to serve until the Companys 2018 Annual Meeting
of Stockholders or until his successor is duly elected or
appointed and qualified. The votes cast on Proposal1 were as
follows:
|
Directors |
|
For |
|
Withheld |
|
BrokerNon-Votes |
|
Chun K. Hong |
16,173,519 |
1,570,024 |
27,839,362 |
|||
|
Jeff Benck |
16,192,599 |
1,550,944 |
27,839,362 |
|||
|
Charles F. Cargile |
17,122,379 |
621,164 |
27,839,362 |
|||
|
Jun S. Cho |
16,189,954 |
1,553,589 |
27,839,362 |
|||
|
Kiho Choi |
16,191,854 |
1,551,689 |
27,839,362 |
|||
|
Blake A. Welcher |
16,191,705 |
1,551,838 |
27,839,362 |
Proposal 2 Ratification of Appointment of Independent
Registered Public Accounting Firm. The Companys stockholders
ratified the appointment of KMJ Corbin Company LLP as the
Companys independent registered public accounting firm for the
Companys fiscal year ending December30, 2017. The votes cast on
Proposal2 were as follows:
|
For |
|
Against |
|
Abstain |
|
BrokerNon-Votes |
|
40,627,916 |
3,152,648 |
1,802,341 |
|
Proposal 3 Approval of an Amendment to the Companys Restated
Certificate of Incorporation. The Companys stockholders
approved an amendment to the Companys Restated Certificate of
Incorporation to increase the number of shares of the Companys
common stock that it is authorized to issue from 90,000,000 to
150,000,000. The votes cast on Proposal3 were as follows:
|
For |
|
Against |
|
Abstain |
|
BrokerNon-Votes |
|
37,456,316 |
7,646,075 |
480,514 |
|
Item 8.01 Other Events.
On June1, 2017, the Company issued a press release announcing the
election of Mr.Choi and the other directors named above at the
Annual Meeting. The press release is attached as Exhibit99.1 to
this Current Report on Form8-K and is incorporated in this
Item8.01 by reference.
Item 9.01 Financial Statements and
Exhibits.
(d) Exhibits.
|
Exhibit |
|
|
|
Number |
|
Description |
|
99.1 |
Press release dated June1, 2017, issued by Netlist,Inc. |
About NETLIST, INC. (NASDAQ:NLST)
Netlist, Inc. designs, manufactures and sells a range of memory subsystems for datacenter, data storage and computing markets. The Company operates in the segment of design and manufacture of memory subsystems for the server, computing and communications markets. The Company’s memory subsystems consist of combinations of dynamic random access memory integrated circuits (DRAM ICs or DRAM), NAND flash memory (NAND flash), application-specific integrated circuits (ASICs) and other components assembled on printed circuit boards (PCBs). The Company primarily markets and sells its products to original equipment manufacturer (OEM) customers, hyper scale datacenter operators and data storage vendors. The Company’s products include NVvault, HyperCloud, and specialty memory modules and flash-based products. NVvault is a memory subsystem that incorporates both DRAM and NAND flash in a single persistent dual-in line memory module (DIMM) solution. NETLIST, INC. (NASDAQ:NLST) Recent Trading Information
NETLIST, INC. (NASDAQ:NLST) closed its last trading session 00.00 at 1.28 with 459,766 shares trading hands.