Power Integrations, Inc. (NASDAQ:POWI) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07. >>Submission of Matters to a Vote of Security
Holders
Meeting of Stockholders (the Annual Meeting) on May 19, 2017. The
following is a brief description of each matter voted upon at the
Annual Meeting, as well as the final tally of the number of votes
cast for or against each matter, and the number of abstentions and
broker non-votes with respect to each matter.
proposed by Power Integrations for re-election; to serve until
Power Integrations 2018 Annual Meeting of Stockholders or until his
or her respective successor has been elected and qualified. The
tabulation of votes on this matter was as follows:
|
Nominee
|
|
Shares
Voted For
|
|
Shares
Withheld
|
||
|
Wendy Arienzo
|
|
25,885,495
|
|
740,826
|
||
|
Balu Balakrishnan
|
|
25,847,955
|
|
778,366
|
||
|
Alan D. Bickell
|
|
23,678,185
|
|
|
2,948,136
|
|
|
Nicholas E. Brathwaite
|
|
24,598,909
|
|
2,027,412
|
||
|
William L. George
|
|
25,680,052
|
|
|
946,269
|
|
|
Balakrishnan S. Iyer
|
|
25,485,821
|
|
1,140,500
|
||
|
E. Floyd Kvamme
|
|
24,498,805
|
|
|
2,127,516
|
|
|
Steven J. Sharp
|
|
25,771,263
|
|
855,058
|
a resolution approving the compensation of Power Integrations named
executive officers, as disclosed in Power Integrations proxy
statement. The tabulation of votes on this matter was as follows:
|
Shares voted for:
|
23,185,634
|
|
|
Shares voted against:
|
2,715,404
|
|
|
Shares abstaining:
|
725,283
|
|
|
Broker non-votes:
|
1,533,500
|
a preference for a one-year frequency of stockholder advisory votes
on the compensation of Power Integrations’ named executive
officers. The tabulation of votes on this matter was as follows:
|
Shares voted for one year:
|
20,268,661
|
|
|
Shares voted for two years:
|
284,058
|
|
|
Shares voted for three years:
|
5,278,759
|
|
|
Shares abstaining:
|
730,725
|
|
|
Broker non-votes:
|
1,597,618
|
|
Deloitte Touche LLP as the independent registered public accounting
firm of Power Integrations for its fiscal year ending December 31,
2017. The tabulation of votes on this matter was as follows:
|
Shares voted for:
|
26,966,391
|
|
|
Shares voted against:
|
391,738
|
|
|
Shares abstaining:
|
801,692
|
|
|
Broker non-votes:
|
|
About Power Integrations, Inc. (NASDAQ:POWI)
Power Integrations, Inc. designs, develops and markets analog and mixed-signal integrated circuits (ICs) and other electronic components and circuitry used in high-voltage power conversion. The Company’s products are used in power converters that convert electricity from a high-voltage source to the type of power required for downstream use. Its alternating current (AC)-direct current (DC) power conversion products are TinySwitch, LinkSwitch and Hiper families. Its Insulated-gate bipolar transistor drivers products are the SCALE and SCALE-2 product-families. Its High-voltage DC-DC products are DPA-Switch family, which is monolithic high-voltage DC-DC power conversion IC designed for use in distributed power architectures. Its power supplies are used with electronic products, including mobile phones, computers, electronic utility meters, industrial controls and light emitting diodes lights. It sells products to original equipment manufacturers and merchant power supply manufacturers. Power Integrations, Inc. (NASDAQ:POWI) Recent Trading Information
Power Integrations, Inc. (NASDAQ:POWI) closed its last trading session up +0.45 at 66.35 with 99,855 shares trading hands.
