Varonis Systems Inc. 8-K Summary
Business Context and Reporting Period
This Form 8-K reports the results of the Annual Meeting of Stockholders held on May 5, 2017. Varonis Systems Inc. is an emerging growth company incorporated in Delaware.
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
At the meeting, 24,744,880 shares were present, representing approximately 91.24% of shares entitled to vote. Two proposals were approved:
- Proposal 1 (Election of Directors): Three nominees were elected to serve until the 2020 Annual Meeting.
- Yakov Faitelson: 94.37% support
- Ohad Korkus: 93.31% support
- Thomas F. Mendoza: 95.59% support
- Proposal 2 (Ratification of Auditors): The appointment of Kost Forer Gabbay & Kasierer (a member of Ernst & Young Global Limited) as the independent registered public accounting firm for the fiscal year ending December 31, 2017, was ratified with 99.46% support.
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 tenure of the newly elected directors (Yakov Faitelson, Ohad Korkus, Thomas F. Mendoza) through the 2020 Annual Meeting.
- Confirm the engagement of Kost Forer Gabbay & Kasierer as the independent auditor for the fiscal year ending December 31, 2017.
- Note the high level of shareholder participation (91.24%) and strong support for all proposals.