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Published: 2022-06-06 16:12:07 ET
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ntgr-8k_20220602.htm
false 0001122904 0001122904 2022-06-02 2022-06-02

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 2, 2022

 

NETGEAR, INC.

(Exact name of Registrant as specified in its charter)

 

 

Delaware

 

000-50350

 

77-0419172

(State or other jurisdiction

of incorporation)

 

(Commission File Number)

 

(I.R.S. Employer

Identification Number)

 

 

350 East Plumeria Drive

San Jose,

CA

95134

(Address, including zip code, of principal executive offices)

 

 

(408)

907-8000

(Registrant's telephone number, including area code)

 

 

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(s):

 

Name of each exchange on which registered

Common Stock, $0.001 par value

 

NTGR

 

The Nasdaq Stock Market LLC

 

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.   ☐

 

 

 

 

 

 

Item 5.07Submission of Matters to a Vote of Security Holders.

 

On June 2, 2022, the Company virtually held its 2022 Annual Meeting of Stockholders (the “Annual Meeting”). At the Annual Meeting, the Company’s stockholders of record at the close of business on April 4, 2022, voted on four proposals, each of which is described in more detail in the Proxy Statement. At the Annual Meeting, 26,329,429 shares were represented in person or by proxy, which constituted a quorum. The following is a brief description of each matter voted upon and the certified results, including the number of votes cast for or against each proposal, the number of abstentions with respect to each proposal, and the number of broker non-votes with respect to each proposal:

 

1.

The election of nine directors to serve until the next Annual Meeting of Stockholders:

 

 

 

For

 

 

Against

 

 

Abstain

 

 

Broker Non-votes

 

Patrick C.S. Lo

 

 

24,005,173

 

 

 

244,023

 

 

 

14,735

 

 

 

2,065,498

 

David J. Henry

 

 

23,939,670

 

 

 

309,331

 

 

 

14,930

 

 

 

2,065,498

 

Sarah S. Butterfass

 

 

24,119,075

 

 

 

130,065

 

 

 

14,791

 

 

 

2,065,498

 

Laura J. Durr

 

 

24,122,367

 

 

 

124,416

 

 

 

17,148

 

 

 

2,065,498

 

Shravan K. Goli

 

 

24,194,417

 

 

 

52,109

 

 

 

17,405

 

 

 

2,065,498

 

Bradley L. Maiorino

 

 

24,194,751

 

 

 

54,217

 

 

 

14,963

 

 

 

2,065,498

 

Janice M. Roberts

 

 

22,708,978

 

 

 

1,537,802

 

 

 

17,151

 

 

 

2,065,498

 

Barbara V. Scherer

 

 

24,079,118

 

 

 

167,665

 

 

 

17,148

 

 

 

2,065,498

 

Thomas H. Waechter

 

 

24,152,606

 

 

 

95,957

 

 

 

15,368

 

 

 

2,065,498

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2.

Ratification of the appointment of PricewaterhouseCoopers, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2022:

 

For:

 

26,001,560

 

Against:

 

312,881

 

Abstain:

 

14,988

 

Broker Non-Votes:

-

 

3.

Approval of the non-binding advisory proposal regarding executive compensation:

 

For:

 

23,863,216

 

Against:

 

366,389

 

Abstain:

 

34,326

 

Broker Non-Votes:

 

2,065,498

 

 

 

4.

Approval of an amendment to the NETGEAR, Inc. 2003 Employee Stock Purchase Plan to increase the number of shares of NETGEAR, Inc. common stock authorized for sale thereunder by 1,000,000 shares:

 

For:

 

24,160,014

 

Against:

 

101,168

 

Abstain:

 

2,749

 

Broker Non-Votes:

 

2,065,498

 

 

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.

 

NETGEAR, INC.

 

By:/s/ Andrew W. Kim

Andrew W. Kim

Chief Legal Officer, Senior Vice President of Corporate Development and Corporate Secretary

 

 

Dated:June 6, 2022