Commvault Systems Inc. 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the results of the fiscal 2014 Annual Meeting of Stockholders held by Commvault Systems Inc. on August 21, 2014. The filing details the voting outcomes for director elections, auditor ratification, and executive compensation.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity metrics. This report focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
Stockholders voted on three primary matters:
- Election of Directors: Three Class II Directors were elected for terms expiring at the 2017 Annual Meeting.
- Alan G. Bunte: 39,767,923 For; 1,882,551 Against.
- Frank J. Fanzilli, Jr.: 40,385,061 For; 1,265,333 Against.
- Daniel Pulver: 40,369,857 For; 1,280,537 Against.
- Auditor Ratification: Stockholders ratified the appointment of Ernst & Young LLP as independent public accountants for the fiscal year ending March 31, 2015.
- 41,955,970 For; 1,795,706 Against.
- Executive Compensation: A non-binding advisory vote on executive compensation resulted in a majority vote against the proposal.
- 11,513,446 For; 30,096,360 Against.
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
- Stockholders rejected the non-binding advisory vote on executive compensation by a significant margin (approximately 72% against).
- All three proposed Class II Directors were successfully elected.
- Ernst & Young LLP was ratified as the independent auditor for the upcoming fiscal year.
- The filing contains no financial performance data; investors should refer to the 10-K or 10-Q for fiscal 2014 financial results.