Progress Software Corporation (NASDAQ:PRGS) Files An 8-K Submission of Matters to a Vote of Security Holders

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Progress Software Corporation (NASDAQ:PRGS) 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

On June 15, 2017, at the Progress Software Corporation (the
Company) 2017 Annual Meeting of Stockholders, the Companys
stockholders voted on the following four matters and cast their
votes as described below:
(1)
The election of seven members to the Board of Directors to
serve until the Companys next annual meeting of
stockholders;
(2)
The approval, on an advisory basis, of the compensation of
the Companys named executive officers for the fiscal year
ended November 30, 2016;
(3)
The approval, on an advisory basis, of the frequency of
future say-on-pay votes; and
(4)
The ratification of the selection of Deloitte Touche LLP as
the Companys independent registered public accounting firm
for fiscal year 2017.
The following is a summary of the voting results for each matter
presented to the stockholders:
Proposal 1 – Election of Directors:
Total Vote
For
Each Director
Total Vote
Withheld From
Each Director
Broker Non-Votes
Paul T. Dacier
36,701,629
3,941,007
5,120,756
John R. Egan
36,630,837
4,011,799
5,120,756
Rainer Gawlick
36,702,842
3,939,794
5,120,756
Yogesh Gupta
36,722,870
3,919,766
5,120,756
Charles F. Kane
36,673,173
3,969,463
5,120,756
David A. Krall
35,561,865
5,080,771
5,120,756
Michael L. Mark
36,551,656
4,090,980
5,120,756
Proposal 2 – Approval, on an advisory basis, of the compensation
of the Companys named executive officers for the fiscal year
ended November 30, 2016:
For
Against
Abstain
Broker Non-Votes
39,643,907
971,038
27,691
5,120,756
Proposal 3 – Approval, on an advisory basis, of the frequency of
future say-on-pay votes:
1 Year
2 Years
3 Years
Abstain
Broker Non-Votes
32,362,692
4,315
8,255,528
20,101
5,120,756
Proposal 4 – The ratification of Deloitte Touche LLP as the
Companys independent registered public accounting firm for fiscal
year 2017:
For
Against
Abstain
45,607,413
145,528
10,451


About Progress Software Corporation (NASDAQ:PRGS)

Progress Software Corporation is a global software company. The Company offers solutions in the development, deployment and management of business applications on premise or in the cloud, on platforms or devices, to various data sources. The Company operates through three segments: OpenEdge; Data Connectivity and Integration, and Application Development and Deployment. The solutions within the OpenEdge business segment include Progress OpenEdge and Progress Corticon. The Data Connectivity and Integration business segment is focused on its data assets, including the data integration components of its cloud offerings. The solutions within Data Connectivity and Integration business segment include Progress DataDirect Connect and Progress DataDirect Cloud. The solutions within the Application Development and Deployment business segment include Telerik Dev Tools, Telerik Dev Cloud, Telerik Platform, Telerik ALM, Telerik Sitefinity, Progress Rollbase and Modulus.

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