Twilio Inc. (NYSE:TWLO) 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 June14, 2018, the Company held its 2018 Annual Meeting of Stockholders (the “Meeting”). The Company’s stockholders voted on four proposals at the Meeting, each of which is described in more detail in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on April27, 2018. Holders of the Company’s ClassA Common Stock were entitled to one vote for each share held as of the close of business on April16, 2018 (the “Record Date”) and holders of the Company’s ClassB Common Stock were entitled to ten votes for each share held as of the close of business on the Record Date. The ClassA Common Stock and ClassB Common Stock voted as a single class on all matters. Present at the Meeting in person or by proxy were holders of 84,330,877 shares of ClassA and ClassB Common Stock, together representing a total of 252,727,529 votes, or more than 81% of the eligible votes as of the Record Date, and constituting a quorum. The final results with respect to each such proposal are set forth below:
Proposal 1 — Election of Directors.
The stockholders elected each of the three persons named below as ClassII directors to serve until the 2021 annual meeting of stockholders and until their successors are duly elected and qualified. The results of such vote were:
DirectorNominee |
VotesFor |
VotesWithheld |
BrokerNon-Votes |
Byron Deeter |
225,327,749 |
9,856,511 |
17,543,269 |
Jeffrey Epstein |
228,141,035 |
7,043,225 |
17,543,269 |
Jeff Lawson |
226,229,507 |
8,954,753 |
17,543,269 |
Proposal 2 — Ratification of Appointment of Independent Registered Public Accounting Firm.
The stockholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December31, 2018. The results of such vote were:
For |
Against |
Abstain |
251,165,662 |
199,778 |
1,362,089 |
Proposal 3 — Non-binding Advisory Vote on Compensation of Named Executive Officers.
The stockholders approved, on a non-binding advisory basis, the compensation of the Company’s named executive officers. The results of such vote were:
For |
Against |
Abstain |
BrokerNon-Votes |
230,035,018 |
3,759,750 |
1,389,492 |
17,543,269 |