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 June 5, 2015, regarding events occurring on June 4, 2015. The filing 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 report focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
Stockholders considered and approved three proposals at the Annual Meeting. The final certified results are as follows:
- Proposal 1 (Election of Directors): All eight nominees were elected for a one-year term. Votes ranged from approximately 17.8 million "For" (Leonid Mezhvinsky) to 21.6 million "For" (Barbara V. Scherer). Broker non-votes totaled 5,575,856 for all candidates.
- Proposal 2 (Ratification of Auditors): Stockholders approved the appointment of Moss Adams LLP as the independent registered public accounting firm for fiscal 2015. The vote was 27,084,830 "For," 153,172 "Against," and 582,162 "Abstain."
- Proposal 3 (Executive Compensation): Stockholders approved the non-binding advisory vote on Named Executive Officer compensation. The vote was 19,862,341 "For," 1,487,205 "Against," and 894,762 "Abstain," with 5,575,856 broker non-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 outcome of the shareholder vote.
Investor Verification Checklist
- Verify the definitive proxy statement filed on April 27, 2015, for detailed biographies of the elected directors and the specific compensation metrics approved in Proposal 3.
- Confirm the total number of shares outstanding and the quorum status at the June 4, 2015 meeting to contextualize the voting percentages.
- Review the Company's subsequent financial reports (10-Q or 10-K) for the fiscal year 2015 to obtain the financial metrics absent from this 8-K.