PERFICIENT, INC. (NASDAQ:PRFT) Files An 8-K Results of Operations and Financial Condition

ME Staff 8-k

7 years ago

PERFICIENT, INC. (NASDAQ:PRFT) Files An 8-K Results of Operations and Financial Condition

ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION

On June 16, 2017, Perficient, Inc. (the Company) issued a press
release announcing the repatriation of cash from its subsidiary
operations in China and updated guidance for the three months
ended June 30, 2017 and full-year 2017. A copy of the press
release is being furnished as Exhibit 99.1 to this Current Report
on Form 8-K and is incorporated by reference into this Item 2.02.

In accordance with General Instruction B.2 of Form 8-K, the
information in this Current Report on Form 8-K, including Exhibit
99.1, shall not be deemed filed for the purposes of Section 18 of
the Securities Exchange Act of 1934, as amended (the Exchange
Act), or otherwise subject to the liabilities of that Section,
nor shall such information and Exhibit be deemed incorporated by
reference in any filing under the Securities Act of 1933, as
amended, or the Exchange Act, except as shall be expressly set
forth by specific reference in such a filing.

ITEM 5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

On June 14, 2017, the Company held its 2017 Annual Meeting of
Stockholders. The holders of 31,644,039 shares of Common Stock,
or 90% of the outstanding shares entitled to vote as of the
record date, were represented at the meeting in person or by
proxy, which represented a quorum. At the meeting, the
stockholders voted on the following seven proposals and cast
their votes as follows to approve such proposals:

Proposal 1: To elect the following five nominees to the
Companys board of directors, each to serve on the board of
directors until the next annual meeting of stockholders or until
his successor has been elected and qualified:

Nominees	Votes Cast For	Votes Cast Against	Abstentions	Broker Non-Votes
Jeffrey S. Davis	28,215,558	1,636,869	26,092	1,765,520
Ralph C. Derrickson	27,467,054	2,356,598	54,867	1,765,520
James R. Kackley	26,239,187	3,582,600	56,732	1,765,520
David S. Lundeen	28,618,856	1,214,679	44,984	1,765,520
Brian L. Matthews	29,624,632	199,020	54,867	1,765,520

Proposal 2: To approve the advisory resolution relating to the
2016 executive compensation:

Votes Cast For		Votes Cast Against		Abstentions		Broker Non-Votes
28,785,851		1,025,068		67,600		1,765,520

Proposal 3: To approve the frequency of including an advisory
vote on the executive compensation:

1 Year		2 Years		3 Years		Abstentions
22,609,091		23,233		7,198,276		47,919

Proposal 4: To approve an amendment to the Companys
Certificate of Incorporation to increase the authorized
capital stock of the Company:

Votes Cast For		Votes Cast Against		Abstentions
30,527,530		1,064,129		52,380

Proposal 5: To approve the Second Amended and Restated
Perficient, Inc. 2012 Long Term Incentive Plan:

Votes Cast For		Votes Cast Against		Abstentions		Broker Non-Votes
21,499,415		8,347,435		31,669		1,765,520

Proposal 6: To approve the Perficient, Inc. Plan for
Tax Deductible Executive Incentive Compensation:

Votes Cast For		Votes Cast Against		Abstentions		Broker Non-Votes
29,160,200		670,723		47,596		1,765,520

Proposal 7: To ratify the appointment of KPMG LLP as the Companys
independent registered public accounting firm for the fiscal year
ending December 31, 2017:

Votes Cast For		Votes Cast Against		Abstentions
29,626,550		1,985,310		32,179

As noted above with respect to Proposal 3, approximately 76% of
the votes cast by stockholders voted to hold the Company’s
advisory vote on executive compensation every year. Consistent
with the stockholders’ vote, the Company’s Board of Directors
has determined that it will include an advisory vote on executive
compensation in the Company’s proxy statements every year until
the next required advisory vote on the frequency of the executive
compensation vote.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(d)

Exhibits.

Exhibit
Number	Description

99.1	Perficient, Inc. Press Release, dated June 16, 2017

About PERFICIENT, INC. (NASDAQ:PRFT)
Perficient, Inc. is an information technology and management consulting firm. The Company designs, builds and delivers business-driven technology solutions using third-party software products. Its solutions include big data and analytics, technology platform implementations, commerce, enterprise content management, portals and collaboration, management consulting, custom applications, business integration, content management (CM), business process management (BPM), and customer relationship management (CRM), among others. It provides services primarily to the healthcare (including pharma and life sciences), financial services (including banking and insurance), retail and consumer goods, automotive and transport products, electronics and computer hardware, telecommunications, manufacturing, energy and utilities, business services, and leisure, and media and entertainment markets, among others.