Business Context and Reporting Period
This Form 8-K filing by Alpha & Omega Semiconductor Ltd reports on the results of the Annual Meeting of Shareholders held on November 9, 2016. The company is incorporated in Bermuda and filed this current report to disclose the outcomes of shareholder votes on director elections and auditor ratification.
Financial Metrics
This filing is a corporate governance report and does not provide financial data such as revenue, profit, cash flow, margins, debt, or liquidity. No financial metrics are disclosed in this document.
Material Changes
There are no material financial changes reported in this filing. The document solely details the voting results for the 2016 Annual Meeting compared to the proposals presented in the proxy statement filed on October 3, 2016.
Shareholder Voting Results
A total of 20,096,176 common shares were present in person or by proxy, constituting a quorum. The voting results for the two proposals were as follows:
Proposal 1: Election of Directors
Seven directors were elected to serve until the 2017 Annual General Meeting. All nominees received significant support with the following vote counts:
| Director | For | Withheld | Broker Non-Votes |
|---|---|---|---|
| Mike F. Chang | 16,083,366 | 556,978 | 3,456,372 |
| Yueh-Se Ho | 16,107,434 | 532,910 | 3,456,372 |
| Lucas S. Chang | 16,222,962 | 417,382 | 3,456,372 |
| Michael L. Pfeiffer | 16,222,962 | 417,382 | 3,456,372 |
| Robert I. Chen | 16,125,595 | 514,749 | 3,456,372 |
| King Owyang | 16,122,304 | 518,040 | 3,456,372 |
| Michael J. Salameh | 16,159,197 | 481,147 | 3,456,372 |
Proposal 2: Ratification of Independent Auditor
Shareholders ratified the appointment of Grant Thornton LLP as the independent registered public accounting firm for the fiscal year ending June 30, 2017.
- Votes For: 20,086,290
- Votes Against: 3,710
- Abstentions: 6,716
- Broker Non-Votes: 0
Key Facts for Investor Verification
- Verify the tenure of the newly elected directors, which extends until the 2017 Annual General Meeting.
- Confirm the engagement of Grant Thornton LLP for the fiscal year ending June 30, 2017.
- Note that this filing contains no financial performance data; refer to the 10-K or 10-Q for financial metrics.
- Review the definitive proxy statement filed on October 3, 2016, for detailed biographies of directors and background on the auditor selection.