Business Context and Reporting Period
This Form 8-K filing by MaxLinear, Inc. reports on the results of the Annual Meeting of Stockholders held on May 9, 2019. The company is incorporated in Delaware and its common stock trades on the New York Stock Exchange under the symbol MXL.
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
As of the record date (March 25, 2019), there were 70,500,328 shares outstanding. Approximately 96.09% of outstanding shares were represented at the meeting (67,743,090 shares). The following matters were voted upon:
- Election of Class I Directors:
- Donald E. Schrock: Re-elected with 60,469,527 votes For, 671,932 Against, and 5,997 Abstain.
- Daniel Artusi: Re-elected with 61,066,123 votes For, 75,336 Against, and 5,997 Abstain.
- Advisory Vote on Executive Compensation: The compensation for named executive officers for the year ended December 31, 2018, was approved with 57,676,051 votes For, 3,019,209 Against, and 452,196 Abstain.
- Ratification of Auditors: The appointment of Grant Thornton LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2019, was ratified with 67,693,920 votes For, 15,867 Against, and 33,303 Abstain.
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 re-election of Class I directors Donald E. Schrock and Daniel Artusi.
- Confirm the ratification of Grant Thornton LLP as the independent auditor for fiscal year 2019.
- Note the high level of shareholder participation (96.09%) at the Annual Meeting.
- Review the proxy statement for details on the executive compensation package that received advisory approval.