YuMe,Inc. (NYSE:YUME) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07. Submission of Matters to a Vote of Security Holders.
On July 27, 2017, YuMe, Inc. (the “Company”) held its Annual Meeting of Stockholders in Mountain View, California (“Annual Meeting”). As of May 31, 2017, the Company’s record date, there were a total of 34,239,768 shares of Common Stock outstanding and entitled to vote at the Annual Meeting. Based on the final report of the independent inspector of elections, Broadridge Financial Services (“BFS”), at least 29,767,689 shares of Common Stock were voted in person or by proxy at the Annual Meeting, representing more than 86.9% percent of the shares entitled to be voted. Set forth below are the voting results reported by BFS for the proposals described in the Company’s proxy statement filed with the Securities and Exchange Commission to Regulation 14A under the Securities Exchange Act of 1934, as amended.
Proposal 1 – Approval of Amendment to Our Certificate of Incorporation to Declassify the Board
Approval of certain amendments to our certificate of incorporation to declassify the Board were not approved, as the affirmative vote of 66 2/3% of the outstanding shares entitled to vote was required for approval. Votes were as follows:
|
FOR |
AGAINST |
ABSTAIN |
BROKER NON-VOTES |
|
21,170,109 |
21,471 |
2,252 |
8,573,857 |
Proposal 2 – Election of Directors
John Mutch, Stephen Domenik, and Brian Kelley were elected to serve as Class I directors of the Company’s Board of Directors (the “Board”) until the 2020 Annual Meeting of the Company’s stockholders and until their respective successors shall be elected and qualified or until their earlier resignation or removal.
Nominees of the Board
|
FOR |
WITHHELD |
BROKER NON-VOTES |
|
|
John Mutch |
16,872,132 |
4,321,700 |
8,573,857 |
|
Stephen Domenik |
16,872,222 |
4,321,610 |
8,573,857 |
|
Brian Kelley |
16,872,232 |
4,321,600 |
8,573,857 |
Proposal 3 – Ratification of the Selection of the Independent Registered Public Accounting Firm
The stockholders ratified the selection of Moss Adams LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2017.
|
FOR |
AGAINST |
ABSTAIN |
|
29,627,780 |
115,041 |
24,868 |
About YuMe,Inc. (NYSE:YUME)
YuMe, Inc. (YuMe) is an independent provider of multi-screen video advertising technology, connecting brand advertisers, digital media property owners and consumers of video content across a range of Internet-connected devices. The Company operating segments include Domestic and International. The Company offers advertising customers end-to-end marketing solutions by combining data-driven technologies with deep insight into audience behavior. The Company also offers demand-side platform (DSP), called YuMe for Advertisers, to find relevant audiences and deliver targeted advertising, and a supply-side platform (SSP), called YuMe for Publishers (YFP 5.0), which helps aggregate audiences, define audience characteristics and offer monetization opportunities for digital media property owners. Its technologies serve the specific needs of brand advertisers and enable them to find and target brand-receptive audiences across a range of Internet connected devices and digital media properties.