Ultra Clean Holdings, Inc. - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Ultra Clean Holdings, Inc. (UCTT) on May 19, 2022. The report details the results of the Company's 2022 Annual Meeting of Stockholders held on the same date.
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 approved three proposals at the Annual Meeting:
- Proposal 1 (Election of Directors): All eight nominees were elected for a one-year term. Votes ranged from approximately 34.7 million to 35.3 million "For" votes, with "Against" votes ranging from 265,580 to 791,273.
- Proposal 2 (Ratification of Auditors): Stockholders ratified the appointment of Moss Adams LLP as the independent registered public accounting firm for fiscal 2022. The vote was 40,305,965 "For" versus 73,956 "Against".
- Proposal 3 (Executive Compensation): Stockholders approved the non-binding advisory vote on executive compensation. The vote was 31,473,871 "For" versus 3,984,547 "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
- Verify the final certified vote counts for the election of directors, specifically noting the "Against" vote totals for each nominee.
- Confirm the ratification of Moss Adams LLP as the independent auditor for fiscal 2022.
- Note the significant number of broker non-votes (4,943,487) recorded for the director election and executive compensation proposals.