Marqeta Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
$MQ
Computer Software: Prepackaged Software
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 13, 2024
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Item 5.07 Submission of Matters to a Vote of Security Holders.
The 2024 Annual Meeting of Stockholders (the "Annual Meeting") of Marqeta, Inc. (the "Company”) was held on June 13, 2024, and the Company’s Class A and Class B common stockholders voted on three proposals that are described in detail in the Company's definitive proxy statement filed with the U.S. Securities and Exchange Commission (the “SEC”) on April 25, 2024. Set forth below are the matters the stockholders voted on and the final voting results.
Proposal 1: Holders of the Company’s Class A and Class B common stock voted to elect the three Class III director nominees to the Company’s Board of Directors, each to hold office until the annual meeting of stockholders in 2027 and until their successors have been duly elected and qualified or until such director’s earlier death, resignation, or removal. The final voting results are as follows:
| Nominee | For | Withheld | Broker Non-Votes | ||||||||
| Alpesh Chokshi | 701,514,298 | 1,173,283 | 89,450,617 | ||||||||
| Kiran Prasad | 652,456,360 | 50,231,221 | 89,450,617 | ||||||||
| Godfrey Sullivan | 641,766,691 | 60,920,890 | 89,450,617 | ||||||||
Proposal 2: Holders of the Company’s Class A and Class B common stock voted to ratify the selection of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024. There were no broker non-votes on this proposal. The final voting results are as follows:
| For: | 787,839,481 | ||||
| Against: | 2,080,533 | ||||
| Abstain: | 2,218,184 | ||||
Proposal 3: Holders of the Company’s Class A and Class B common stock voted to approve, on a non-binding advisory basis, the compensation paid to the Company’s named executive officers. The final voting results are as follows:
| For: | 667,626,522 | ||||
| Against: | 34,749,805 | ||||
| Abstain: | 311,254 | ||||
| Broker Non-Votes: | 89,450,617 | ||||
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.
| MARQETA, INC. | |||||
| Date: June 14, 2024 | /s/ Michael (Mike) Milotich | ||||
| Michael (Mike) Milotich | |||||
| Chief Financial Officer | |||||