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8-K filed May 23, 2023, 7:59 PM ET ticker POWI CIK 0000833640
other material confidence high sentiment neutral materiality 0.05

Power Integrations annual meeting results: all director nominees elected, say-on-pay approved

POWER INTEGRATIONS INC

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

POWER INTEGRATIONS INC shareholders approved Advisory vote on the frequency of future advisory votes on executive compensation (one year preference) at the 2023-05-19 meeting.

Proposal
say on pay frequency
Outcome
passed
Meeting
2023-05-19
Exact text from the filing
Power Integrations’ stockholders indicated, on an advisory basis, a preference for a one-year frequency of stockholder advisory votes on the compensation of Power Integrations’ named executive officers. The tabulation of votes on this matter was as follows: ​ Shares voted for one year: 49,892,420.79 ​ Shares voted for two years: 19,545.00 ​ Shares voted for three years: 2,277,594.00 ​ Shares abstaining: 237,724.00 ​ Broker non-votes: 2,666,083.00
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

POWER INTEGRATIONS INC shareholders approved Election of seven nominees to serve as directors until the 2024 annual meeting at the 2023-05-19 meeting.

Proposal
director election
Outcome
passed
Meeting
2023-05-19
Exact text from the filing
Power Integrations’ stockholders elected to the Board of Directors of the Company (the “Board”) each of the following seven nominees as directors to serve until the Company’s 2024 annual meeting of stockholders and until their successors are duly elected and qualified. The tabulation of votes on this matter was as follows: ​ ​ ​ ​ Nominee ​ Shares Voted For ​ Shares Withheld Wendy Arienzo ​ 52,147,421.79 ​ ​ 647,159.00 ​ Balu Balakrishnan ​ 50,961,621.79 ​ ​ 1,832,959.00 ​ Nicholas E. Brathwaite ​ 49,898,179.79 ​ ​ 2,896,401.00 ​ Anita Ganti ​ 52,579,211.79 ​ ​ 215,369.00 ​ Nancy Gioia ​ 52,647,385.79 ​ ​ 147,195.00 ​ Balakrishnan S. Iyer ​ 49,647,009.79 ​ ​ 3,147,571.00 ​ Ravi Vig ​ 52,671,538.79 ​ ​ 123,042.00 ​ There were 2,298,786.00 broker non-votes for this proposal.
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

POWER INTEGRATIONS INC shareholders approved Advisory vote on the compensation of named executive officers at the 2023-05-19 meeting.

Proposal
say on pay
Outcome
passed
Meeting
2023-05-19
Exact text from the filing
Power Integrations’ stockholders approved, on an advisory basis, the compensation of Power Integrations’ named executive officers, as disclosed in Power Integrations’ proxy statement. The tabulation of votes on this matter was as follows: ​ Shares voted for: 50,162,079.81 ​ Shares voted against: 2,307,697.98 ​ Shares abstaining: 324,803.00 ​ Broker non-votes: 2,298,786.00
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

POWER INTEGRATIONS INC shareholders approved Ratification of Deloitte & Touche LLP as independent registered public accounting firm for fiscal year 2023 at the 2023-05-19 meeting.

Proposal
auditor ratification
Outcome
passed
Meeting
2023-05-19
Exact text from the filing
Power Integrations’ stockholders ratified the selection by the Audit Committee of the Board of Deloitte & Touche LLP as the independent registered public accounting firm of Power Integrations for its fiscal year ending December 31, 2023. The tabulation of votes on this matter was as follows: ​ ​ Shares voted for: 53,995,193.79 ​ Shares voted against: 1,055,492.00 ​ Shares abstaining: 42,681.00 ​ Broker non-votes: —
View on SEC.gov

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POWER INTEGRATIONS INC filing history →

Source: SEC EDGAR
accession 0000833640-23-000130
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