VARONIS SYSTEMS, INC. (NASDAQ:VRNS) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 Submission of Matters to a Vote of Security Holders.
At the 2018 Annual Meeting of Stockholders of Varonis Systems, Inc. (the “Company”) held on April 26, 2018, there were present, in person or by proxy, 23,956,268 shares of the Company’s common stock, which represented approximately 84.68% of the shares entitled to vote and constituted a quorum.
Set forth below are the voting results of the four proposals considered and voted upon at the Annual Meeting, all of which were described in the Company’s Definitive Proxy Statement, filed with the Securities and Exchange Commission on March 16, 2018 (the “Proxy Statement”).
PROPOSAL NO. 1 To elect the three nominees for director named below to the Board of Directors to hold office until the 2021 Annual Meeting of Stockholders
| For | Withheld | Broker Non-Votes | %ofVotesSupporting | |
| Gili Iohan | 18,818,787 | 1,689,018 | 3,448,463 | 91.76% |
| Ofer Segev | 19,440,647 | 1,067,158 | 3,448,463 | 94.80% |
| Rona Segev-Gal | 19,107,126 | 1,400,679 | 3,448,463 | 93.17% |
PROPOSAL NO. 2 Advisory vote to approve the Company’s executive compensation, as disclosed in the Proxy Statement
| For | Against | Abstain | Broker Non-Votes | %ofVotesSupporting |
| 19,087,857 | 1,320,543 | 99,405 | 3,448,463 | 93.52% |
PROPOSAL NO. 3 Advisory vote on the frequency of holding an advisory vote on executive compensation
| One Year | Two Years | Three Years | Abstain | Broker Non-Votes |
| 20,246,824 | 154,402 | 32,456 | 74,123 | — |
PROPOSAL NO. 4 To ratify the appointment by the Audit Committee of the Board of Directors of Kost Forer Gabbay& Kasierer, a member of Ernst& Young Global Limited, as the independent registered public accounting firm of the Company for the fiscal year ending December31, 2018
| For | Against | Abstain | Broker Non-Votes | %ofVotesSupporting |
| 23,580,077 | 348,876 | 27,315 | — | 98.54% |
About VARONIS SYSTEMS, INC. (NASDAQ:VRNS)
Varonis Systems, Inc. (Varonis) provides a software platform that allows enterprises to analyze, secure, manage and utilize their unstructured data. The Company specializes in human-generated data, a type of unstructured data that includes an enterprise’s spreadsheets, word processing documents, presentations, audio files, video files, e-mails, text messages and any other data created by employees. Its Metadata Framework is a technology platform that extracts metadata from an enterprise’s information technology (IT) infrastructure and uses this information to map functional relationships among employees, data objects, content and usage. IT and business personnel deploy its software for a range of use cases, including data governance, data security, archiving, file synchronization, mobile data accessibility and information collaboration. Its products include DatAdvantage, DataPrivilege, Interface Data Unit Classification Framework, Data Transport Engine, DatAnywhere and DatAnswers.
