Ribbon Communications Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
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| Item 5.07. | Submission of Matters to a Vote of Security Holders. |
Ribbon Communications Inc. (the “Company”) held its annual meeting of stockholders on June 4, 2024 (the “Annual Meeting”). At the Annual Meeting, the Company’s stockholders considered and voted upon the matters listed below. A total of 160,651,881 shares of common stock were present in person or represented by proxy at the Annual Meeting, representing approximately 93% of the Company’s outstanding common stock as of the April 8, 2024 record date. The following are the voting results for the proposals considered and voted upon at the Annual Meeting, each of which were described in the Company’s Definitive Proxy Statement filed with the SEC on April 12, 2024 (the “Proxy Statement”).
Item 1 – Election of eight directors for a term of office expiring on the date of the annual meeting of stockholders in 2025 and until their respective successors have been duly elected and qualified.
| Director | Votes For | Votes Against | Abstentions | Broker Non-Votes | |||||||||
| R. Stewart Ewing, Jr. | 143,271,137 | 787,528 | 1,517,749 | 15,075,467 | |||||||||
| Bruns H. Grayson | 141,083,136 | 3,317,002 | 1,356,276 | 15,075,467 | |||||||||
| Beatriz V. Infante | 143,473,793 | 760,939 | 1,341,682 | 15,075,467 | |||||||||
| Scott Mair | 143,512,802 | 545,796 | 1,517,816 | 15,075,467 | |||||||||
| Bruce W. McClelland | 143,439,390 | 808,394 | 1,328,630 | 15,075,467 | |||||||||
| Shaul Shani | 139,712,040 | 4,514,135 | 1,350,239 | 15,075,467 | |||||||||
| Richard W. Smith | 139,757,364 | 4,366,566 | 1,452,484 | 15,075,467 | |||||||||
| Tanya Tamone | 143,072,235 | 987,354 | 1,516,825 | 15,075,467 |
All of the nominees named above were elected, having received more votes cast “for” their election than “against” their election.
Item 2 – Ratification of the appointment of Deloitte & Touche LLP to serve as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024.
| Votes For | 159,121,504 | |||
| Votes Against | 251,523 | |||
| Abstentions | 1,278,854 |
Based on the foregoing vote, Item 2 was approved.
Item 3 – The non-binding advisory vote on the compensation of the Company’s named executive officers, as disclosed in the “Compensation Discussion and Analysis” section and the accompanying compensation tables and related narratives contained in the Proxy Statement.
| Votes For | 142,889,653 | |||
| Votes Against | 1,902,719 | |||
| Abstentions | 784,042 | |||
| Broker Non-Votes | 15,075,467 |
Based on the foregoing vote, Item 3 was approved.
The Compensation Committee and the Board of Directors of the Company will consider the outcome of the advisory vote when making future compensation decisions relating to the compensation paid to the Company’s named executive officers.
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.
| Date: June 6, 2024 | Ribbon Communications Inc. | ||
| By: | /s/ Patrick Macken | ||
| Name: | Patrick W. Macken | ||
| Title: | Executive Vice President, Chief Legal Officer and Secretary | ||