GSI Technology, Inc. - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by GSI Technology, Inc. on August 22, 2014, regarding events occurring on August 21, 2014. The report details the results of the Company's annual meeting of stockholders held on that date.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a corporate governance report and does not contain financial performance data.
Material Changes and Voting Results
The following matters were submitted to a vote of security holders at the annual meeting:
- Election of Directors: Stockholders elected five individuals to the Board of Directors. All nominees received a majority of votes cast, though significant numbers of shares were withheld or represented as broker non-votes.
- Ratification of Auditors: Stockholders ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending March 31, 2015.
- Executive Compensation: Stockholders approved an advisory (non-binding) resolution regarding the compensation of named executive officers.
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 total number of shares outstanding to contextualize the "Withheld" votes for director elections, which ranged from approximately 3.7 million to 4.8 million shares.
- Confirm the specific executive officers named in the Summary Compensation Table referenced in the proxy statement to understand the scope of the advisory compensation vote.
- Note that the ratification of PricewaterhouseCoopers LLP covers the fiscal year ending March 31, 2015.