XILINX, INC. (NASDAQ:XLNX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.07Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 7, 2017, Mr. Krishna Rangasayee, Executive Vice President, Global Sales of Xilinx, Inc. (the “Company”) informed the Company of his intent to resign effective August 18, 2017 to pursue other professional opportunities. Mr. Rangasayee’s resignation was not a result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
Item 5.07Submission of Matters to a Vote of Security Holders.
On August 9, 2017, at the 2017 Annual Meeting of Stockholders, the Company’s stockholders approved the proposals listed below. The final results for the votes regarding each proposal are also set forth below. The proposals are described in detail in the Company’s proxy statement filed with the Securities and Exchange Commission on June 2, 2017.
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1. |
Elect nine nominees for director to serve on the Board of Directors for the ensuing year or until their successors are duly elected and qualified: |
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Name |
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
|
Dennis Segers |
198,172,848 |
440,913 |
254,608 |
18,142,959 |
|
Moshe N. Gavrielov |
198,253,523 |
508,958 |
105,883 |
18,142,964 |
|
Saar Gillai |
198,163,978 |
594,866 |
109,523 |
18,142,961 |
|
Ronald S. Jankov |
198,144,187 |
615,208 |
108,972 |
18,142,961 |
|
Thomas H. Lee |
198,327,341 |
432,036 |
108,990 |
18,142,961 |
|
J. Michael Patterson |
196,015,367 |
2,737,173 |
115,829 |
18,142,959 |
|
Albert A. Pimentel |
197,438,017 |
1,313,758 |
116,593 |
18,142,960 |
|
Marshall C. Turner |
197,298,610 |
1,460,593 |
109,166 |
18,142,959 |
|
Elizabeth W. Vanderslice |
194,693,281 |
4,062,896 |
112,189 |
18,142,962 |
|
2. |
Approve an amendment to the Company's 1990 Employee Qualified Stock Purchase Plan to increase the number of shares reserved for issuance thereunder by 2,000,000 shares: |
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|
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
|
|
197,255,723 |
756,248 |
856,081 |
18,143,276 |
|
|
3. |
Approve an amendment to the Company's 2007 Equity Incentive Plan to increase the number of shares reserved for issuance thereunder by 1,900,000 shares: |
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|
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
|
|
187,274,615 |
10,623,816 |
969,617 |
18,143,280 |
|
Based on the vote of the Company's stockholders at the 2017 Annual Meeting, the Company has determined to provide for an annual advisory stockholder vote on executive compensation.
|
4. |
Recommend, on an advisory basis, the frequency of the advisory vote on executive compensation: |
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|
1 Year |
2 Years |
3 Years |
Abstentions |
Broker Non-Votes |
|
184,134,542 |
156,432 |
14,461,769 |
115,304 |
18,143,281 |
|
5. |
Approve, on an advisory basis, the compensation of the Company's named executive officers: |
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|
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
|
195,325,548 |
3,254,697 |
287,802 |
18,143,281 |
|
6. |
Ratify the appointment of Ernst & Young LLP as the Company's external auditors for fiscal 2018: |
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|
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
|
213,800,152 |
2,978,682 |
232,494 |
About XILINX, INC. (NASDAQ:XLNX)
Xilinx, Inc. (Xilinx) is engaged in designing and developing programmable devices and associated technologies. The Company’s programmable devices and associated technologies include integrated circuits (ICs) in the form of programmable logic devices (PLDs), including programmable System on Chips (SoCs) and three-dimensional ICs (3D ICs); software design tools to program the PLDs; targeted reference designs; printed circuit boards, and intellectual property (IP), which consists of Xilinx, and various third-party verification and IP cores. The Company provides design services, customer training, field engineering and technical support. Its PLDs include field programmable gate arrays (FPGAs), complex programmable logic devices (CPLDs) that its customers program to perform desired logic functions, and programmable SoCs, which combine (Advanced reduced instruction set computing (RISC) Machines (ARM)) processor-based systems with programmable logic in a single device.
