CommVault Systems Inc. Form 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report, dated August 25, 2010, covers the results of CommVault Systems, Inc.'s fiscal 2010 Annual Meeting of Stockholders held on that date.
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 matters.
Material Changes and Voting Results
Stockholders voted on two primary matters:
- Election of Directors: Three Class I Directors were elected for a term expiring at the 2013 Annual Meeting. There were no abstentions.
- Ratification of Auditors: Stockholders ratified the appointment of Ernst & Young LLP as the independent public accountants for the fiscal year ending March 31, 2011.
| Director Nominee | Votes For | Votes Withheld | Broker Non-Votes |
|---|---|---|---|
| Armando Geday | 34,706,703 | 2,824,378 | 2,956,203 |
| F. Robert Kurimsky | 34,542,171 | 2,988,909 | 2,956,204 |
| David F. Walker | 34,545,699 | 2,985,380 | 2,956,205 |
| Proposal | Votes For | Votes Against | Votes Abstain |
|---|---|---|---|
| Ratification of Ernst & Young LLP | 39,076,080 | 1,404,074 | 7,130 |
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
- Confirmation that the three Class I Directors (Geday, Kurimsky, Walker) were successfully elected.
- Verification that Ernst & Young LLP was ratified as the auditor for the fiscal year ending March 31, 2011.
- Review of the significant number of broker non-votes (approx. 2.9 million) regarding the director elections, which may indicate shares held in street name where brokers lacked discretionary voting power.