Date of Report (Date of earliest event reported): March 17, 2022
KEYSIGHT TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
Delaware
001-36334
46-4254555
(State or other jurisdiction
(Commission
(IRS Employer
of incorporation)
File Number)
Identification No.)
1400 Fountaingrove Parkway
95403
Santa Rosa
CA
(Address of principal executive offices)
(Zip Code)
Registrant’s telephone number, including area code (800)829-4444
(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))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading symbol
Name on each exchange on which registered
Common Stock, par value $0.01 per share
KEYS
New York Stock Exchange
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. ☐
1
Item 5.07 Submission of Matters to a Vote of Security Holders.
On March 17, 2022, Keysight Technologies, Inc. (the “Company”) held its Annual Meeting of Stockholders (the “Annual Meeting”). As of January 18, 2022, the Company’s record date for the Annual Meeting, there were a total of 182,762,654 shares of Common Stock outstanding and entitled to vote at the Annual Meeting. At the Annual Meeting, 161,014,828 shares of Common Stock or 88.10% were represented in person or by proxy and, therefore, a quorum was present.
The stockholders of the Company voted on the following items at the Annual Meeting:
1.Election of the Directors nominated by the Board of Directors.
2.Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for fiscal year 2022.
3.Approval, on a non-binding advisory basis, of the compensation of the Company’s named executive officers for fiscal year 2021.
4.Approval of an amendment to the Company’s Amended and Restated Certificate of Incorporation to declassify the Board of Directors.
Votes regarding the election of the director nominees were as follows:
Broker
Nominee
For
Against
Abstain
Non-Votes
Uncast
James Cullen
136,273,270
6,955,093
1,213,454
16,573,011
0
Michelle Holthaus
143,234,988
1,001,962
204,867
16,573,011
0
Jean Nye
132,117,347
11,122,197
1,202,273
16,573,011
0
Joanne Olsen
140,529,665
2,710,137
1,202,015
16,573,011
0
Based on the votes set forth above, each of the director nominees was duly elected to a new three year term.
The proposal to ratify the Audit and Finance Committee’s appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for fiscal year 2022 received the following votes:
For
Against
Abstain
Broker Non-Votes
Uncast
159,550,309
962,972
501,547
0
0
Based on the votes set forth above, the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for fiscal year 2022 was duly ratified.
The proposal to approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers for fiscal year 2021 received the following votes:
For
Against
Abstain
Broker Non-Votes
Uncast
126,364,596
17,785,530
291,691
16,573,011
0
Based on the votes set forth above, the compensation of the Company’s named executive officers for fiscal year 2021 was approved.
The proposal to approve an amendment to the Company’s Amended and Restated Certificate of Incorporation to declassify the Board of Directors (the “Amendment Proposal”) received the following votes:
For
Against
Abstain
Broker Non-Votes
Uncast
144,088,531
134,454
218,832
16,573,011
0
The Amendment Proposal required 80% of the shares outstanding to vote in favor of the proposal for it to be approved. Based on the votes set forth above, 79% of the shares outstanding voted in favor of the Amendment Proposal. Accordingly, the Amendment Proposal was not approved, and the Company’s Board of Directors will remain classified.
2
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits. The following is furnished as an exhibit to this report and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act:
Exhibit No.
Description
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
3
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.
