Smith Micro Software, Inc. (NASDAQ:SMSI) 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, Smith Micro Software, Inc. (the Company) held
its 2017 Annual Meeting of Stockholders (the Annual Meeting).Four
proposals were submitted to, and approved by, stockholders at the
Annual Meeting. The proposals are described in detail in the
Companys proxy statement for the Annual Meeting and Amendment No.
1 filed with the Securities and Exchange Commission on April 28,
2017 and May 10, 2017, respectively. The final results for the
votes regarding each proposal are set forth below.
1. Stockholders elected two directors to the Companys Board of
Directors to hold office until the 2020 Annual Meeting of
Stockholders or until their successors are duly elected and
qualified.The votes regarding this proposal were as follows:
|
Name of Nominee |
For |
Withheld |
Broker Non-Votes |
|
William W. Smith, Jr. |
4,269,172 |
1,297,357 |
4,632,990 |
|
Gregory J. Szabo |
4,276,568 |
1,289,961 |
4,632,990 |
2. The non-binding advisory resolution on executive compensation
(Say-on-Pay) was approved.The votes regarding this proposal were
as follows:
|
For |
Against |
Abstained |
Broker Non-Votes |
|
4,808,110 |
312,534 |
445,885 |
4,632,990 |
3. The resolution to ratify the selection of SingerLewak LLP as
the Companys independent registered public accounting firm for
the fiscal year ending December 31, 2017 was approved.The votes
regarding this proposal were as follows:
|
For |
Against |
Abstained |
Broker Non-Votes |
|
9,414,258 |
434,746 |
350,515 |
4. Stockholders voted on the frequency of future advisory votes
regarding compensation of named executive officers. A plurality
of stockholders voted for One Year as set forth below:
|
One Year |
Two Years |
Three Years |
Abstained |
Broker Non-Votes |
|
2,498,405 |
11,214 |
1,211,642 |
1,577,422 |
4,900,836 |
About Smith Micro Software, Inc. (NASDAQ:SMSI)
Smith Micro Software, Inc. is a provider of software solutions. The Company operates through two segments: Wireless and Graphics. The Company offers multi-platform, modular solutions organized into three product families, including NetWise, CommSuite and QuickLink. For mobile network operators, NetWise helps reduce cellular congestion and optimize data traffic across third-generation (3G), fourth-generation (4G) and wireless fidelity (Wi-Fi) networks. Graphics segment includes its consumer-based products, such as Poser, Anime Studio, Manga Studio, MotionArtist and StuffIt. The Graphics segment develops a range of software, including graphic design and animation, compression and personal computer (PC)/Mac utilities, for consumers, professional artists and educators. The Company also offers Family Safety platform for family locator and parental controls.