Five9, Inc. Form 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the 2019 Annual Meeting of Stockholders held by Five9, Inc. on May 28, 2019. The filing details the outcomes of shareholder votes regarding board elections, executive compensation, and the appointment 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 corporate governance voting results.
Material Changes and Voting Results
A total of 54,605,497 shares, representing 92% of the common stock outstanding as of the April 1, 2019 record date, were represented at the meeting. The following matters were voted upon:
- Election of Directors: All three Class II nominees (Jack Acosta, Rowan Trollope, and David Welsh) were elected to serve until the 2022 annual meeting.
- Executive Compensation: Stockholders approved, on an advisory basis, the compensation of named executive officers.
- Auditor Ratification: Stockholders ratified the appointment of KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2019.
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
- 92% shareholder participation rate at the 2019 Annual Meeting.
- Unanimous election of the three Class II director nominees.
- Advisory approval of executive compensation received 34,494,108 votes "For" versus 15,367,587 votes "Against."
- KPMG LLP was ratified as the independent auditor with 53,762,065 votes "For."