8-K
filed March 14, 2024, 7:59 PM ET
ticker KLIC
CIK 0000056978
other material
confidence high
sentiment neutral
materiality 0.15
Kulicke & Soffa shareholders approve bylaw amendment to limit officer liability
KULICKE & SOFFA INDUSTRIES INC
- Shareholders approved amendment to by-laws to limit officer liability under Pennsylvania law, effective March 13, 2024.
- Elected David Jeffrey Richardson and Mui Sung Yeo as directors to serve until 2028.
- Ratified PricewaterhouseCoopers LLP as independent auditor for fiscal year ending September 28, 2024.
- Non-binding say-on-pay proposal approved with 47,178,831 for, 862,880 against.
- Bylaw amendment adopted by Board immediately after shareholder vote.
Key facts
Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
KULICKE & SOFFA INDUSTRIES INC: Amended bylaws to limit officer liability per Pennsylvania law (effective 2024-03-13).
- Change
- bylaw amendment
- Effective
- 2024-03-13
Exact text from the filing
the Company’s shareholders approved the amendment to the Company's amended and restated by-laws to limit the liability of officers of the Company as permitted by the recent amendments to the Pennsylvania Business Corporation Law of 1988. The Company’s Board of Directors adopted such amendments to the Company's amended and restated by-laws (the " Updated By-laws ") on March 13, 2024 immediately after the 2024 Annual Meeting, and the Updated By-laws took immediate effect thereafter.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
KULICKE & SOFFA INDUSTRIES INC shareholders approved Election of Ms. Mui Sung Yeo as director to serve until the 2028 Annual Meeting of Shareholders. at the 2024-03-14 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2024-03-14
Exact text from the filing
The Company’s shareholders elected Mr. David Jeffrey Richardson and Ms. Mui Sung Yeo as directors to serve until the 2028 Annual Meeting of Shareholders and until such person’s successor is duly elected and qualified.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
KULICKE & SOFFA INDUSTRIES INC shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 28, 2024. at the 2024-03-14 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2024-03-14
Exact text from the filing
The Company’s shareholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 28, 2024.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
KULICKE & SOFFA INDUSTRIES INC shareholders approved Approval of the amendment to the Company's amended and restated by-laws to limit the liability of officers of the Company as permitted by the recent amendments to the Pennsylvania Business Corporation Law of 1988. at the 2024-03-14 meeting.
- Outcome
- passed
- Meeting
- 2024-03-14
Exact text from the filing
The Company’s shareholders approved the amendment to the Company's amended and restated by-laws to limit the liability of officers of the Company as permitted by the recent amendments to the Pennsylvania Business Corporation Law of 1988.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
KULICKE & SOFFA INDUSTRIES INC shareholders approved Approval, on a non-binding basis, of the overall compensation of the Company’s named executive officers as described in the Compensation Discussion & Analysis and the accompanying tabular and narrative disclosure included in the Company’s Proxy Statement for the 2024 Annual Meeting. at the 2024-03-14 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2024-03-14
Exact text from the filing
The Company’s shareholders approved, on a non-binding basis, the overall compensation of the Company’s named executive officers as described in the Compensation Discussion & Analysis and the accompanying tabular and narrative disclosure included in the Company’s Proxy Statement for the 2024 Annual Meeting.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
KULICKE & SOFFA INDUSTRIES INC shareholders approved Election of Mr. David Jeffrey Richardson as director to serve until the 2028 Annual Meeting of Shareholders. at the 2024-03-14 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2024-03-14
Exact text from the filing
The Company’s shareholders elected Mr. David Jeffrey Richardson and Ms. Mui Sung Yeo as directors to serve until the 2028 Annual Meeting of Shareholders and until such person’s successor is duly elected and qualified.
View on SEC.gov
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