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. on May 17, 2018, regarding events occurring on May 15, 2018. The filing documents the results of the Company's Annual Meeting of Stockholders.
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 outcomes.
Material Changes and Voting Results
Stockholders approved three proposals at the Annual Meeting. The final certified results are as follows:
- Proposal 1 (Election of Directors): All seven nominees were elected. Thomas T. Edman received the highest support (26,125,446 For votes), while Leonid Mezhvinsky received the lowest support (24,157,870 For votes) but was still elected.
- Proposal 2 (Ratification of Auditors): Stockholders ratified the appointment of Moss Adams LLP as the independent registered public accounting firm for fiscal 2018 with 33,402,081 For votes.
- Proposal 3 (Executive Compensation): The non-binding advisory vote on Named Executive Officer compensation was approved with 25,118,143 For votes.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for future guidance, management outlook, specific risks, contingencies, or unusual items. The document serves solely to report the submission of matters to a vote of security holders.
Key Facts for Investor Verification
- Verify the full list of directors elected and their respective vote counts in the definitive proxy statement filed on April 19, 2018.
- Confirm the appointment of Moss Adams LLP as the independent auditor for fiscal 2018.
- Note that the executive compensation vote was non-binding advisory in nature.
- Review the definitive proxy statement for detailed biographies of directors and specific compensation details referenced in Proposal 3.