Twitter, Inc. (NYSE:TWTR) 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 May 22, 2017, Twitter, Inc. (the Company) held its annual
meeting of stockholders at the Companys San Francisco offices
located at 1355 Market Street, San Francisco, California (the
Meeting). Present at the Meeting in person or by proxy were
holders of 583,434,536 shares of Common Stock, representing
79.95% of the voting power of all issued and outstanding shares
of common stock of the Company as of March 30, 2017, the record
date for the Meeting, and constituting a quorum for the
transaction of business.
The stockholders of the Company voted on the following proposals
at the Meeting, each of which is more fully described in the
Companys definitive proxy statement filed with the Securities and
Exchange Commission on April 7, 2017:
|
1. |
To elect three Class I directors to serve until the |
|
2. |
To approve, on an advisory basis, the compensation of the |
|
3. |
To ratify the appointment of PricewaterhouseCoopers LLP |
|
4. |
To consider a stockholder proposal regarding a report on |
1. Election of Directors
|
Nominee |
For |
Against |
Abstained |
Broker Non-Votes |
|
Omid R. Kordestani |
328,545,285 |
12,332,400 |
886,404 |
241,670,447 |
|
Marjorie Scardino |
335,647,965 |
5,328,512 |
787,612 |
241,670,447 |
|
Bret Taylor |
336,937,912 |
4,153,430 |
672,747 |
241,670,447 |
Based on the votes set forth above, each director nominee was
duly elected as a Class I director to serve until the Companys
2020 annual meeting of stockholders and until his or her
successor is duly elected and qualified.
|
2. |
Advisory Vote on Compensation of Named Executive Officers |
|
For |
Against |
Abstained |
Broker Non-Votes |
|
332,283,384 |
8,292,875 |
1,187,831 |
241,670,446 |
Based on the votes set forth above, the stockholders advised that
they were in favor of the compensation of the Companys named
executive officers.
3. Ratification of Appointment of Independent Registered Public
Accounting Firm
|
For |
Against |
Abstained |
|
566,245,010 |
12,700,598 |
4,488,928 |
Based on the votes set forth above, the stockholders ratified the
appointment of PricewaterhouseCoopers LLP as the Companys
independent registered public accounting firm for the Companys
fiscal year ending December 31, 2017.
|
4. |
Stockholder Proposal Regarding a Report on Users Owning |
|
For |
Against |
Abstained |
Broker Non-Votes |
|
15,978,718 |
323,830,975 |
1,954,395 |
241,670,448 |
Based on the votes set forth above, the stockholders did not
approve the stockholder proposal regarding a report on users
owning the Twitter platform.
About Twitter, Inc. (NYSE:TWTR)
Twitter, Inc. (Twitter) offers products and services for users, advertisers, developers and platform and data partners. The Company’s service is live-live commentary, live connections, live conversations. Its products and services for users include Twitter, and Periscope and Vine. Its Twitter is a platform for public self-expression and conversation in real time. Its promoted products enable its advertisers to promote their brands, products and services, and extend the conversation around their advertising campaigns. Its promoted products consist of promoted tweets, promoted accounts and promoted trends. Its Fabric platform offers modular software development kits that help developers build applications, gives them mobile analytics, the ability to generate revenue through Twitter’s mobile-focused advertising exchange, MoPub. It offers subscription access to its public data feed for partners wishing to access data beyond its public application program interface (API). Twitter, Inc. (NYSE:TWTR) Recent Trading Information
Twitter, Inc. (NYSE:TWTR) closed its last trading session down -0.28 at 18.15 with 11,378,262 shares trading hands.
