Intevac
INTEVAC INC (Form: 8-K, Received: 05/19/2017 16:08:26)

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of The Securities Exchange Act of 1934

May 17, 2017

Date of Report (date of earliest event reported)

 

 

INTEVAC, INC.

(Exact name of Registrant as specified in its charter)

 

 

 

State of Delaware   0-26946   94-3125814

(State or other jurisdiction of

incorporation or organization)

 

(Commission

File Number)

 

(IRS Employer

Identification Number)

3560 Bassett Street

Santa Clara, CA 95054

(Address of principal executive offices)

(408) 986-9888

(Registrant’s telephone number, including area code)

N/A

(Former name or former address if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 

 


Item 5.07. Submission of Matters to a Vote of Security Holders.

The matters voted upon at Intevac’s Annual Meeting held on May 17, 2017 and the results of such voting are set forth below:

 

     Affirmative
Votes
     Negative
Votes
     Votes
Withheld
     Abstentions
and Broker
Non-Votes
 

Proposal 1: Election of Directors

           

Norman H. Pond

     15,165,871        N/A        102,910        4,926,835  

Wendell T. Blonigan

     15,153,619        N/A        115,162        4,926,835  

Matthew A. Drapkin

     15,144,595        N/A        124,186        4,926,835  

David S. Dury

     15,147,487        N/A        121,294        4,926,835  

Thomas M. Rohrs

     12,901,060        N/A        2,367,721        4,926,835  

John F. Schaefer

     15,148,868        N/A        119,913        4,926,835  

All director nominees were duly elected.

 

     Affirmative
Votes
     Negative
Votes
     Votes
Withheld
     Abstentions
and Broker
Non-Votes
 

Proposal 2: Proposal to approve an amendment to the Intevac 2003 Employee Stock Purchase Plan to increase the number of shares reserved for issuance thereunder by 500,000 shares

     15,214,277        43,150        —          4,938,189  

Proposal 2 was approved.

 

     Affirmative
Votes
     Negative
Votes
     Votes
Withheld
     Abstentions
and Broker
Non-Votes
 

Proposal 3: Proposal to approve an amendment to the Intevac 2012 Equity Incentive Plan to increase the number of shares reserved for issuance thereunder by 1,000,000 shares and make certain other changes to the plan, and to approve the material terms of the plan

     12,325,374        2,925,263        —          4,944,979  

Proposal 3 was approved.

 

     Affirmative
Votes
     Negative
Votes
     Votes
Withheld
     Abstentions
and Broker
Non-Votes
 

Proposal 4: BPM LLP as independent public accountants for the fiscal year ending December 30, 2017

     20,164,915        2,229        —          28,472  

Proposal 4 was approved.


     Affirmative
Votes
     Negative
Votes
     Votes
Withheld
     Abstentions
and Broker
Non-Votes
 

Proposal 5: An Advisory Vote on Executive Compensation

     14,723,036        65,035        —          5,407,545  

The compensation of the named executive officers as disclosed in the Proxy Statement was approved on an advisory basis.

 

     One
Year
     Two
Years
     Three
Years
     Votes
Withheld
     Abstentions
and Broker
Non-Votes
 

Proposal 6: An Advisory Vote on the Frequency of Holding an Advisory Vote on Executive Compensation

     10,743,251        149,382        4,271,649        —          5,031,334  

The option of holding the advisory vote on executive compensation every one year was approved on an advisory basis by a majority of the votes cast on the proposal.

Consistent with the stated preference of a majority of the Company’s stockholders and the recommendation of management, the Board of Directors determined that it will include an advisory stockholder vote on executive compensation in its proxy materials every year until the next required advisory vote on the frequency of stockholder votes on executive compensation.


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

            INTEVAC, INC.
Date: May 19, 2017      

/s/ JAMES MONIZ

      James Moniz
      Executive Vice President, Finance and Administration,
      Chief Financial Officer and Treasurer