RealNetworks, Inc. (NASDAQ:RNWK) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07. Submission of Matters to a Vote of Security Holders
On September 19, 2017, RealNetworks, Inc. held its 2017 Annual Meeting of Shareholders (the “Annual Meeting”). According to the inspector of election, shareholders present in person or by proxy, representing 35,822,575 shares, or 96.29%, of RealNetworks' common stock, voted on each proposal presented as follows:
Proposal 1 – Election of Directors. The shareholders elected two Class 2 directors of RealNetworks, to hold office for a three-year term, or until his or her successor has been duly elected and qualified (or, if earlier, such director’s removal or resignation from the Board of Directors). Shareholders voted as follows:
Nominee |
For |
Withheld |
Broker Non-Votes |
Janice Roberts |
30,583,157 |
2,846,047 |
2,393,371 |
Michael B. Slade |
30,579,356 |
2,849,848 |
2,393,371 |
Proposal 2 – Advisory Vote on the Compensation of Named Executive Officers. The shareholders approved, on an advisory basis, the compensation of RealNetworks’ named executive officers as disclosed in its proxy statement. Shareholders voted as follows:
For |
Against |
Abstain |
Broker Non-Votes |
32,633,379 |
789,298 |
6,527 |
2,393,371 |
Proposal 3 – Advisory Vote on the Frequency of Future Advisory Votes on the Compensation of Named Executive Officers. The shareholders approved, on an advisory basis, every “1 year,” or annually, as the frequency of future advisory votes on the compensation of RealNetworks’ named executive officers. Shareholders voted as follows:
1 Year |
2 Years |
3 Years |
Abstain |
Broker Non-Votes |
29,974,765 |
7,835 |
3,441,654 |
4,950 |
2,393,371 |
Proposal 4 – Ratification of Appointment of Independent Registered Public Accounting Firm. The shareholders ratified the appointment of KPMG LLP as RealNetworks’ independent registered public accounting firm for the year ending December 31, 2017. Shareholders voted as follows:
For |
Against |
Abstain |
Broker Non-Votes |
35,776,340 |
23,159 |
23,076 |
About RealNetworks, Inc. (NASDAQ:RNWK)
RealNetworks, Inc. (RealNetworks) is engaged in creating applications and services, which help in connecting with digital media. The Company provides the digital media services and products it creates to consumers, mobile carriers and other businesses. It operates through three segments: RealPlayer Group, Mobile Entertainment and Games. Its RealPlayer Group business consists of its photo and video sharing product, RealTimes and its RealPlayer media player software, and related products and services. Its Mobile Entertainment segment consists primarily of the digital media services, which it provides to network service providers as software as a service (SaaS) offerings. It owns and operates casual games service, offering casual games through digital downloads, online subscription play, third-party portals, social networks and mobile devices. Its casual games include board, card, puzzle, word and hidden-object games. It develops, publishes, licenses and distributes casual games.