Ambarella, Inc. 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the 2014 Annual Meeting of Shareholders held by Ambarella, Inc. on June 4, 2014. The record date for the meeting was April 15, 2014.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
Of the 29,200,755 ordinary shares outstanding, 20,503,852 shares (70.22%) were represented at the meeting. The following matters were voted upon:
- Election of Class II Directors: Three directors were elected for a three-year term expiring in 2017. There were 12,778,483 broker non-votes for each director.
- Ratification of Auditors: Shareholders ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending January 31, 2015.
| Director Name | For Votes | Withheld Votes |
|---|---|---|
| Leslie D. Kohn | 7,358,779 | 366,590 |
| D. Jeffrey Richardson | 7,552,600 | 172,769 |
| Lip-Bu Tan | 6,665,726 | 1,059,643 |
| Proposal | For | Against | Abstentions |
|---|---|---|---|
| Ratification of PricewaterhouseCoopers LLP | 20,200,650 | 147,367 | 155,835 |
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Verify the total number of shares outstanding and the percentage of shares represented at the annual meeting.
- Confirm the specific term length and expiration year for the newly elected Class II directors.
- Review the full proxy statement for details on the broker non-votes and their impact on the director elections.
- Check subsequent filings for the official appointment of the independent auditor for the fiscal year ending January 31, 2015.