Five9, Inc. Form 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report, filed on May 22, 2018, details the results of Five9, Inc.'s 2018 Annual Meeting of Stockholders held on May 18, 2018. The filing addresses corporate governance matters, including director elections, executive compensation votes, and the ratification of the independent auditor.
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 stockholder voting outcomes and does not contain financial performance data.
Material Changes and Voting Results
A total of 52,977,689 shares, representing 92% of the common stock outstanding as of the March 22, 2018 record date, were represented at the meeting. The following matters were approved:
- Election of Directors: Michael Burdiek and David DeWalt were elected as Class I directors to serve until the 2021 annual meeting.
- Executive Compensation: Stockholders approved, on an advisory basis, the compensation of named executive officers.
- Compensation Vote Frequency: Stockholders voted to hold advisory votes on executive compensation on an annual basis.
- Auditor Ratification: The appointment of KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2018, was ratified.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. The document is limited to reporting the procedural outcomes of the annual meeting.
Investor Verification Checklist
- Verify the tenure of newly elected directors Michael Burdiek and David DeWalt (Class I, until 2021).
- Confirm the adoption of an annual frequency for future advisory votes on executive compensation.
- Review the full proxy statement for detailed breakdowns of "Shares Withheld" and "Broker Non-Votes" regarding director elections.
- Check subsequent filings (e.g., 10-Q or 10-K) for the financial metrics absent in this 8-K.