QuickLogic Corporation (NASDAQ:QUIK) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

QuickLogic Corporation (NASDAQ:QUIK) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

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Item 5.03 Amendments to Articles of Incorporation or Bylaws;
Change in Fiscal Year.

On April 27, 2017, QuickLogic Corporation (the Company) filed an
Amended and Restated Certificate of Incorporation with the
Secretary of State of the State of Delaware to increase the number
of authorized shares of common stock from one hundred million
(100,000,000) to two hundred million (200,000,000). The proposal
for the amendment was approved by the Companys stockholders at its
2017 Annual Meeting of Stockholders held on April 26, 2017. A copy
of the Amended and Restated Certificate of Incorporation is
attached hereto as Exhibit 3.1 and incorporated herein by
reference.
Item 5.07 Submission of Matters to a Vote of Security Holders
The 2017 Annual Meeting of Stockholders of the Company was held on
Wednesday, April 26, 2017. At the Annual Meeting, there were
68,162,715 shares of our common stock (as of the record date of
February 27, 2017) entitled to vote, of which, 59,702,524 shares
were present in-person or represented by proxy, representing 87.58%
of the total outstanding shares of our common stock entitled to
vote. The final voting results of each proposal are set forth
below:
(i)
The Companys stockholders elected the following nominees to
serve as Class III directors until the date on which the
Annual Meeting of Stockholders is held in 2020. The votes
were as follows:
Nominee
Votes For
Votes Withheld
Broker Non-Votes
E. Thomas Hart
14,199,623
3,586,971
41,915,930
Christine Russell
16,965,424
821,170
41,915,930
Brian C. Faith
17,531,344
255,250
41,915,930
(ii)
The Companys stockholders ratified the appointment of Moss
Adams, LLP as the Companys independent registered public
accounting firm for the fiscal year ending December 31, 2017.
The votes were as follows:
Votes For
58,419,227
Votes Against
630,646
Abstentions
652,651
(iii)
The Companys stockholders approved an amendment of the
Company’s Third Amended and Restated Certificate of
Incorporation to increase the number of authorized shares
of common stock from one hundred million (100,000,000) to
two hundred million (200,000,000). The votes were as
follows:
Votes For
47,454,336
Votes Against
10,991,020
Abstentions
1,257,168
(iv)
The Companys stockholders approved an amendment of the
Company’s 2009 Stock Plan to increase the maximum
aggregate number of shares of common stock available by one
million five hundred thousand (1,500,000), from six million
five hundred thousand (6,500,000) to eight million
(8,000,000). The votes were as follows:
Votes For
15,863,973
Votes Against
1,850,580
Abstentions
72,041
Broker Non-Votes
41,915,930
(v)
The Companys stockholders approved an amendment of the
Company’s 2009 Employee Stock Purchase Plan to increase the
maximum aggregate number of shares of common stock available
by one million five hundred thousand (1,500,000), from three
million three hundred thousand (3,300,000) to four million
eight hundred thousand (4,800,000). The votes were as
follows:
Votes For
15,772,686
Votes Against
1,925,785
Abstentions
88,123
Broker Non-Votes
41,915,930
(vi)
The Companys stockholders approved, on a non-binding
advisory basis, the compensation of the Company’s named
executive officers. The votes were as follows:
Votes For
16,783,807
Votes Against
423,546
Abstentions
579,241
Broker Non-Votes
41,915,930
(vii)
The Companys stockholders approved, on a non-binding basis,
the frequency of future advisory votes on executive
compensation. The votes were as follows:
Votes For 1 year
7,707,104
Votes For 2 years
649,792
Votes For 3 years
9,111,763
Abstentions
317,935
Broker Non-Votes
41,915,930
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit
No.
Description
3.1
Amended and Restated Certificate of Incorporation of
QuickLogic Corporation


About QuickLogic Corporation (NASDAQ:QUIK)

QuickLogic Corporation develops and markets semiconductor and software algorithm solutions. The Company’s solutions primarily target smartphones, wearable devices, tablets, and the Internet-of-Things (IoT). The Company is a fabless semiconductor provider of flexible sensor processing solutions, ultra-low power display bridges, and ultra-low power Field Programmable Gate Arrays (FPGAs). The Company’s solutions integrate multi-core processing, programmable logic, sensor fusion and context aware algorithms, and embedded software. The Company’s solutions are created from its new silicon platforms, including EOS, ArcticLink III, PolarPro 3, PolarPro II, PolarPro, and Eclipse II products, its mature products, which are produced on semiconductor processes over 180 nanometers, primarily include its pASIC 3 and QuickRAM, as well as royalty revenue, programming hardware and design software. Its sensor algorithm software includes SenseMe software library.

QuickLogic Corporation (NASDAQ:QUIK) Recent Trading Information

QuickLogic Corporation (NASDAQ:QUIK) closed its last trading session down -0.03 at 1.69 with 551,966 shares trading hands.

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