YELP INC. (NYSE:YELP) 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 15, 2017, Yelp Inc. (the Company) held its 2017 Annual
Meeting of Stockholders (the Annual Meeting) via a live audio
webcast. At the Annual Meeting, the Companys stockholders voted
on three proposals, each of which is described in more detail in
the Companys definitive proxy statement on Schedule 14A filed
with the U.S. Securities and Exchange Commission on April 28,
2017 (the Proxy Statement). The following is a brief description
of each matter voted upon and the certified results, including
the number of votes cast for and against each matter, and, if
applicable, the number of abstentions and broker non-votes with
respect to each matter.
Each of the two nominees for Class II director was elected to
serve until the Companys 2020 Annual Meeting of Stockholders, or
until her successor has been duly elected and qualified. The
voting results were as follows:
| Percentage of Votes in | ||||
| Director Name | Votes For | Votes Withheld | Broker Non-Votes | Favor |
| Diane M. Irvine | 48,449,003 | 4,331,450 | 14,771,059 | 91.8% |
| Mariam Naficy | 48,794,226 | 3,986,227 | 14,771,059 | 92.4% |
The Companys stockholders ratified the selection by the Audit
Committee of the Board of Directors of Deloitte Touche LLP as the
Companys independent registered public accounting firm for the
year ending December 31, 2017. The voting results were as
follows:
| Percentage of Votes in | ||||
| Votes For | Votes Against | Abstentions | Broker Non-Votes | Favor |
| 65,338,230 | 2,176,319 | 36,963 | 96.7% |
The Companys stockholders approved, on an advisory basis, the
compensation of the Companys named executive officers as
disclosed in the Proxy Statement. The voting results were as
follows:
| Percentage of Votes in | ||||
| Votes For | Votes Against | Abstentions | Broker Non-Votes | Favor |
| 45,543,023 | 6,814,248 | 423,182 | 14,771,059 | 86.3% |
About YELP INC. (NYSE:YELP)
Yelp Inc. (Yelp) connects people with local businesses by bringing word of mouth online and providing a platform for businesses and consumers to engage and transact. The Company provides local business review sites. Yelp provides a platform for consumers to share their everyday local business experiences, through reviews, tips, photos and videos, and engages directly with businesses, through reviews, phone calls and its Message the Business feature. Its platform also provides businesses of all sizes with a range of free and paid services that help them engage with consumers. The Company has a range of communities of contributors across the world that contributes the content on its platform. These contributors provide firsthand information about local businesses in the form of reviews and ratings, tips, photos and videos. The Company has Yelp communities in Argentina, Australia, Austria, Belgium, Brazil, Canada, Switzerland, Taiwan, Turkey, the United Kingdom and the United States.