Dell Technologies Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
$DELL
Computer Manufacturing
Technology
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): June 27, 2024
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Item 5.07 Submission of Matters to a Vote of Security Holders.
(a) On June 27, 2024, Dell Technologies Inc. (the “Company”) held its 2024 annual meeting of stockholders (the “2024 annual meeting”). At the 2024 annual meeting, the Company’s stockholders voted on five proposals. The proposals are described in the Company’s definitive proxy statement on Schedule 14A for the 2024 annual meeting filed with the Securities and Exchange Commission on May 17, 2024 (the “2024 proxy statement”).
(b) As of the record date for the 2024 annual meeting, an aggregate of 710,455,138 shares of the Company’s common stock were outstanding and entitled to vote at the meeting, of which 328,262,341 are shares of Class A common stock, 75,762,562 are shares of Class B common stock and 306,430,235 are shares of Class C common stock.
Each share of Class A common stock and each share of Class B common stock is entitled to ten votes per share. Each share of Class C common stock is entitled to one vote per share.
The final voting results with respect to each proposal voted upon at the 2024 annual meeting are set forth below.
Proposal 1
The holders of the outstanding shares of all outstanding series of the Company’s common stock, voting together as a single class, elected to the Board of Directors of the Company each of the seven nominees for Group I director, and the holders of the Company’s outstanding Class C common stock, voting separately as a series, elected to the Board of Directors of the Company the nominee for Group IV director, each as specified in the proxy statement, based on the following numbers of votes:
Group I Director Nominee | For | Withheld | Broker Non-Votes | |||||||||||||||||
Michael S. Dell | 4,188,761,563 | 68,732,112 | 48,027,236 | |||||||||||||||||
David W. Dorman | 4,189,689,363 | 67,804,312 | 48,027,236 | |||||||||||||||||
Egon Durban | 4,241,360,812 | 16,132,863 | 48,027,236 | |||||||||||||||||
David Grain | 4,247,787,411 | 9,706,264 | 48,027,236 | |||||||||||||||||
William D. Green | 4,247,671,973 | 9,821,702 | 48,027,236 | |||||||||||||||||
Steven M. Mollenkopf | 4,248,158,390 | 9,335,285 | 48,027,236 | |||||||||||||||||
Lynn Vojvodich Radakovich | 4,251,654,816 | 5,838,859 | 48,027,236 | |||||||||||||||||
Group IV Director Nominee | For | Withheld | Broker Non-Votes | |||||||||||||||||
Ellen J. Kullman | 136,476,428 | 81,141,859 | 48,027,236 | |||||||||||||||||
There were no abstentions with respect to this proposal.
Each nominee elected to the Board of Directors at the 2024 annual meeting as a Group I director or Group IV director was elected for a term commencing on the date of the 2024 annual meeting and ending on the earlier of the date on which the director’s successor is elected and qualified and the date of the director’s death, resignation, disqualification or removal.
Proposal 2
The holders of the outstanding shares of all outstanding series of the Company’s common stock, voting together as a single class, ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the Company’s fiscal year ending January 31, 2025, based on the following numbers of votes:
For | Against | Abstentions | ||||||||||||
| 4,284,005,922 | 20,410,797 | 1,104,192 | ||||||||||||
There were no broker non-votes with respect to this proposal.
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Proposal 3
The holders of the outstanding shares of all outstanding series of the Company’s common stock, voting together as a single class, approved, by an advisory vote, the compensation of the Company’s named executive officers as disclosed in the 2024 proxy statement, based on the following numbers of votes:
For | Against | Abstentions | Broker Non-Votes | |||||||||||||||||
| 4,218,818,058 | 37,538,117 | 1,137,500 | 48,027,236 | |||||||||||||||||
Proposal 4
The holders of the outstanding shares of all outstanding series of the Company’s common stock, voting together as a single class, did not approve a shareholder proposal requiring that Dell Technologies Inc.’s website list any recipient of material donations from Dell Technologies Inc., based on the following numbers of votes:
For | Against | Abstentions | Broker Non-Votes | |||||||||||||||||
| 7,406,970 | 4,248,144,305 | 1,942,400 | 48,027,236 | |||||||||||||||||
Proposal 5
The holders of the outstanding shares of all outstanding series of the Company’s common stock, voting together as a single class, did not approve a shareholder proposal seeking a report to shareholders on the effectiveness of Dell Technologies Inc.’s diversity, equity, and inclusion efforts, based on the following numbers of votes:
For | Against | Abstentions | Broker Non-Votes | |||||||||||||||||
| 123,512,524 | 4,132,331,070 | 1,650,081 | 48,027,236 | |||||||||||||||||
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SIGNATURES
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.
| Date: July 2, 2024 | Dell Technologies Inc. | ||||||||||||||||
| By: | /s/ Christopher A. Garcia | ||||||||||||||||
| Christopher A. Garcia Senior Vice President and Assistant Secretary | |||||||||||||||||
| (Duly Authorized Officer) | |||||||||||||||||
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