ServiceSource International, Inc. (NASDAQ:SREV) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07
|
Submission of Matters to a Vote of Security Holders. |
ServiceSource International, Inc. (the Company) held its annual
meeting of stockholders on May17, 2017 in Denver, Colorado. Of
the 88,515,695 shares of common stock outstanding as of March20,
2017, the record date, 81,316,485 shares were represented at the
meeting in person or by proxy, constituting 91.8% of the
outstanding shares entitled to vote and a valid quorum. At the
annual meeting, the Companys shareholders (1)elected Stephen M.
Cakebread and Christopher M. Carrington to the Board of Directors
of the Company as ClassIII directors to serve until the 2020
annual meeting of stockholders or until their successors are duly
elected and qualified; (2)approved, on an advisory basis, the
Companys executive compensation for the 2016 fiscal year; and
(3)ratified the appointment of Ernst Young LLP as the Companys
independent registered public accounting firm. The matters voted
upon at the meeting and the vote with respect to each such matter
are set forth below:
Proposal 1 Election of Directors
|
Name |
For | Against | Withhold | BrokerNon-Vote | ||||||||||||
|
Stephen M. Cakebread |
69,194,746 | 981,483 | 1,103,340 | 10,036,916 | ||||||||||||
|
Christopher M. Carrington |
68,928,855 | 1,247,419 | 1,103,295 | 10,036,916 |
Proposal 2 Approval, on an Advisory Basis, of the
Compensation of the Companys Named Executive Officers
|
For |
Against | Withhold | BrokerNon-Vote | |||||||||
|
58,244,508 |
11,929,806 | 1,105,255 | 10,036,916 |
Proposal 3 Ratification of the Appointment of Ernst Young LLP
as the Companys independent registered public accounting firm for
the fiscal year ending December31, 2017
|
For |
Against | Withhold | BrokerNon-Vote | |||||||||
|
78,978,464 |
9,316 | 2,328,705 |
About ServiceSource International, Inc. (NASDAQ:SREV)
ServiceSource International, Inc. (ServiceSource) is a provider of customer and revenue lifecycle solutions that improve enterprise revenue relationships. The Company operates through two segments: Managed Services, and Cloud and Business Intelligence (CBI). Based on the science of Revenue Lifecycle Management (RLM), the Company provides business to business (B2B) companies with technology-enabled services and solutions that allow growing and retaining revenue from existing customers, directly or through a channel. Its solutions are based on solutions in the Revenue Lifecycle category. The components of its cloud solution consist of a suite of managed services and cloud technologies, and include ServiceSource Revenue Analytics, Renew OnDemand and ServiceSource Customer Success. Its managed services include renewal selling services, up-sell and cross-sell services, enablement and quoting services, warranty services, customer success services and onboarding services. ServiceSource International, Inc. (NASDAQ:SREV) Recent Trading Information
ServiceSource International, Inc. (NASDAQ:SREV) closed its last trading session down -0.02 at 3.16 with 156,345 shares trading hands.
