Oracle Corporation (NYSE:ORCL) 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 November16, 2016, Oracle Corporation (Oracle) held its 2016
Annual Meeting of Stockholders (the Annual Meeting). Below is a
brief description of each matter submitted to a vote at the
Annual Meeting, as well as the number of votes cast for and
against and the number of abstentions and broker non-votes with
respect to each matter. For more information about these
proposals, please refer to Oracles definitive proxy statement
filed with the U.S. Securities and Exchange Commission on
September23, 2016.
Proposal No.1: Election of Directors
The stockholders elected each of the following persons as a
director to hold office until the 2017 Annual Meeting of
Stockholders and until his or her successor is elected and
qualified, or until his or her earlier resignation or removal.
|
Director Nominee |
Votes For | Votes Withheld | BrokerNon-Votes | |||||||||
|
Jeffrey S. Berg |
2,750,213,383 | 667,483,566 | 373,899,549 | |||||||||
|
H. Raymond Bingham |
2,015,612,917 | 1,402,084,032 | 373,899,549 | |||||||||
|
Michael J. Boskin |
2,384,783,643 | 1,032,913,306 | 373,899,549 | |||||||||
|
Safra A. Catz |
3,214,981,735 | 202,715,214 | 373,899,549 | |||||||||
|
Bruce R. Chizen |
2,466,348,995 | 951,347,954 | 373,899,549 | |||||||||
|
George H. Conrades |
2,038,317,812 | 1,379,379,137 | 373,899,549 | |||||||||
|
Lawrence J. Ellison |
3,187,142,406 | 230,554,543 | 373,899,549 | |||||||||
|
Hector Garcia-Molina |
3,231,905,568 | 185,791,381 | 373,899,549 | |||||||||
|
Jeffrey O. Henley |
3,182,338,335 | 235,358,614 | 373,899,549 | |||||||||
|
Mark V. Hurd |
3,214,009,816 | 203,687,133 | 373,899,549 | |||||||||
|
Rene J. James |
3,300,182,821 | 117,514,128 | 373,899,549 | |||||||||
|
Leon E. Panetta |
2,869,208,483 | 548,488,466 | 373,899,549 | |||||||||
|
Naomi O. Seligman |
2,020,560,181 | 1,397,136,768 | 373,899,549 |
Proposal No.2: Advisory Vote to Approve Executive
Compensation
The stockholders cast an advisory vote to approve executive
compensation as follows: 1,542,493,909 shares in favor,
1,866,730,121 shares against, 8,472,919 shares abstaining and
373,899,549 broker non-votes.
Proposal No.3: Ratification of Selection of
Independent Registered Public Accounting Firm
The stockholders ratified the appointment of Ernst Young LLP as
Oracles independent registered public accounting firm for the
fiscal year ending May31, 2017, with 3,764,679,643 shares voting
in favor, 23,606,715 shares against and 3,310,140 shares
abstaining.
Proposal No.4: Stockholder Proposal Regarding
Lobbying Report
The stockholders defeated a stockholder proposal requesting that
Oracles Board of Directors authorize the preparation of a
lobbying report, to be updated annually, with 913,940,846 shares
in favor, 2,180,091,554 shares against, 323,664,549 shares
abstaining and 373,899,549 broker non-votes.
About Oracle Corporation (NYSE:ORCL)
Oracle Corporation (Oracle) provides products and services that address all aspects of corporate information technology (IT) environments, including application, platform and infrastructure. The Company’s businesses include cloud and on-premise software, hardware and services. Its cloud and on-premise software business consists of three segments, including cloud software and on-premise software, which includes Software as a Service (SaaS) and Platform as a Service (PaaS) offerings, cloud infrastructure as a service (IaaS) and software license updates and product support. Its hardware business consists of two segments, including hardware products and hardware support. The Company’s services business includes the remainder of the Company’s segments. Its services business includes activities, such as consulting services, enhanced support services and education services, among others. Oracle Corporation (NYSE:ORCL) Recent Trading Information
Oracle Corporation (NYSE:ORCL) closed its last trading session up +0.20 at 40.09 with 8,073,077 shares trading hands.
