Vivint Solar, Inc. (NYSE:VSLR) 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 20, 2017, Vivint Solar, Inc. (the Company) held its 2017
Annual Meeting of Stockholders (the Annual Meeting).At the Annual
Meeting, 105,751,216 shares of the Companys common stock, or
95.7% of the 110,497,954 shares entitled to vote, were present in
person or by proxy and voted on the following two proposals, each
of which is described in more detail in the Companys definitive
proxy statement for the Annual Meeting filed with the United
States Securities and Exchange Commission on April 28, 2017.
1. The stockholders elected the three individuals listed below as
Class III directors to serve on the Board of Directors of the
Company, each to serve for a three-year term ending in 2020 or
until his successor is duly elected and qualified or until his
death, resignation or removal.The voting results were as follows:
|
Name |
Votes For |
Votes Withheld |
Broker Non-Votes |
|
David Bywater |
96,776,683 |
505,664 |
8,468,869 |
|
Alex J. Dunn |
96,469,307 |
813,040 |
8,468,869 |
|
Peter F. Wallace |
95,843,843 |
1,438,504 |
8,468,869 |
2. The stockholders ratified the appointment of Ernst Young LLP
as the Companys independent registered public accounting firm for
the fiscal year ending December 31, 2017.The voting results were
as follows:
|
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
|
105,418,847 |
59,880 |
272,489 |
About Vivint Solar, Inc. (NYSE:VSLR)
Vivint Solar, Inc. primarily offers distributed solar energy, which is electricity generated by a solar energy system installed at or near customers’ locations to residential customers based on over 20-year contracts. The Company operates through two operating segments: Residential, and commercial and industrial market (C&I). Through its investment funds, the Company owns an interest in the solar energy systems the Company installs, and ownership of the solar energy systems allows it and the other fund investors to benefit from various local, state and federal incentives. The Company has a process that enables it to design and install a custom solar energy system that delivers customer savings. The Company is a licensed contractor in the markets the Company serves and is responsible for each customer installation. Upon completion, the Company schedules the required inspections and arranges for interconnection to the power grid.
