8-K 03-20-2018 Annual Meeting Voting Results


 
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
Date of Report (Date of earliest event reported): March 20, 2018
________________________________
AVIAT NETWORKS, INC.
(Exact name of registrant as specified in its charter)
_______________________________
 
 
 
 
 
Delaware
 
001-33278
 
20-5961564
 
 
 
 
 
(State or other jurisdiction
 
(Commission File
 
(I.R.S. Employer
of incorporation)
 
Number)
 
Identification No.)
 
 
 
 
 
 
 
 
 
 
 
 
 
Address of principal executive offices:
 
860 N. McCarthy Blvd., Suite 200, Milpitas, California 95035
Registrant’s telephone number, including area code:
 
(408) 941- 7100
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:
o
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 






TABLE OF CONTENTS
 
 







Item 5.07
Submission of Matters to a Vote of Security Holders.
VOTING RESULTS OF 2017 ANNUAL MEETING OF STOCKHOLDERS
The fiscal year 2017 Annual Meeting of Stockholders of the Company was held on March 20, 2018. For more information about the proposals set forth below, please see the Company's definitive Proxy Statement filed with the SEC on February 12, 2018. A total of 4,449,673 (or approximately 83.31%) of the Company's shares issued, outstanding and entitled to vote at the fiscal year 2017 Annual Meeting of Stockholders were represented in person or by proxy at the meeting. Set forth below are the final voting results for the proposals voted on at the fiscal year 2017 Annual Meeting of Stockholders.
(1) Proposal 1 - Election of Directors: Election of six nominees to the Company's Board of Directors for a one-year term expiring at the 2018 Annual Meeting of Stockholders, or until their successors are elected and qualified:
 
 
Number of Shares
Nominee
 
For
 
Against
 
Abstain
 
Broker Non-Votes
Wayne Barr, Jr.
 
3,171,302

 
250,365

 
19,808

 
1,008,198

Kenneth Kong
 
3,189,857

 
231,617

 
20,001

 
1,008,198

John Mutch
 
3,189,190

 
232,486

 
19,799

 
1,008,198

Michael A. Pangia
 
3,228,617

 
196,413

 
16,445

 
1,008,198

John J. Quicke
 
3,191,048

 
230,427

 
20,000

 
1,008,198

Dr. James C. Stoffel
 
3,235,263

 
189,425

 
16,787

 
1,008,198

Each nominee was elected by the Company's stockholders, as recommended by the Company's Board of Directors.
(2) Proposal 2 - Ratification of Appointment of Independent Registered Public Accounting Firm: Ratification of the Audit Committee's appointment of BDO USA, LLP as the Company's independent registered public accounting firm for fiscal year 2018:
For: 4,338,776
Against: 75,862
Abstain: 35,035
Proposal 2 was approved by the Company's stockholders, as recommended by the Company's Board of Directors.
(3) Proposal 3 - Advisory vote on executive compensation. Approval of the advisory vote on executive compensation:
For: 3,298,755
Against: 124,317
Abstain: 18,403
Broker Non-Votes: 1,008,198
Proposal 3 was approved by the Company's stockholders, as recommended by the Company's Board of Directors.
(4) Proposal 4 - Advisory vote on the frequency of holding future advisory votes on Say-on-Pay. Approval of the frequency of holding future advisory vote on Say-on-Pay:
1 Year: 3,212,436
2 Years: 26,871
3 Years: 184,297
Abstain: 17,871
The frequency of 1 year was approved by the Company's stockholders, as recommended by the Company's Board of Directors.
(5) Proposal 5 - To approve the Company's 2018 Incentive Plan:
For: 3,061,631
Against: 371,164
Abstain: 8,680
Broker Non-Votes: 1,008,198
Proposal 5 was approved by the Company's stockholders, as recommended by the Company's Board of Directors.






SIGNATURE
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.
 
 
 
 
 
 
AVIAT NETWORKS, INC.
 
 
Date: March 20, 2018
By:  
/s/ Meena Elliott
 
 
 
Name:  
Meena Elliott
 
 
 
Title:  
Senior Vice President,
Chief Legal and Administrative Officer,
Corporate Secretary