Business Context and Reporting Period
This Form 8-K filing by U.S. Auto Parts Network, Inc. (Carparts.Com, Inc.) reports on the results of the 2018 Annual Meeting of Stockholders held on July 9, 2018. The record date for the meeting was May 11, 2018.
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
Stockholders voted on two proposals. A total of 35,532,459 shares were present in person or by proxy out of 37,744,019 shares entitled to vote.
Proposal 1: Election of Directors
Three Class III directors were elected to serve three-year terms until the 2021 Annual Meeting. The voting results were:
| Director | For | Withheld | Broker Non-Votes |
|---|---|---|---|
| Aaron E. Coleman | 26,236,844 | 1,505,492 | 7,790,123 |
| Warren B. Phelps | 26,528,114 | 1,214,222 | 7,790,123 |
| Bradley E. Wilson | 26,519,515 | 1,222,821 | 7,790,123 |
Proposal 2: Ratification of Independent Auditors
Stockholders ratified the selection of RSM LLP as the independent registered public accounting firm for the fiscal year ending December 29, 2018. The voting results were:
| Vote Type | Count |
|---|---|
| For | 34,370,106 |
| Against | 1,130,501 |
| Abstaining | 31,850 |
| Broker Non-Votes | 0 |
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 full text of the definitive proxy statement dated June 4, 2018, for detailed background on the director nominees and auditor selection.
- Confirm the total number of shares outstanding and the specific breakdown of Series A convertible preferred stock included in the voting totals.
- Review the company's most recent 10-K or 10-Q filings for financial performance data, as this 8-K contains no financial metrics.