8-K
filed May 25, 2023, 7:59 PM ET
ticker VRSN
CIK 0001014473
other material
confidence high
sentiment neutral
materiality 0.15
VeriSign shareholders elect all directors, approve say-on-pay, reject independent chair proposal
VERISIGN INC/CA
- All 8 director nominees elected, each receiving >72M votes for; Kathleen Cote and Roger Moore had lowest support.
- Advisory say-on-pay approved: 83.6M for, 4.7M against.
- One-year frequency for future say-on-pay votes approved: 86.8M votes for one year.
- KPMG ratified as independent auditor for FY2023: 88.2M for, 5.5M against.
- Stockholder proposal for independent board chair failed: 25.6M for, 62.9M against.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
VERISIGN INC/CA shareholders approved Ratification of the Selection of Independent Registered Public Accounting Firm at the 2023-05-25 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-05-25
Exact text from the filing
Proposal No. 4 – Ratification of the Selection of Independent Registered Public Accounting Firm The Company’s stockholders ratified the selection of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023. The voting results were as follows: For: 88,245,673 Against: 5,481,975 Abstain: 83,333
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
VERISIGN INC/CA shareholders approved To Approve, on a Non-Binding, Advisory Basis, the Company’s Executive Compensation at the 2023-05-25 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-05-25
Exact text from the filing
Proposal No. 2 – To Approve, on a Non-Binding, Advisory Basis, the Company’s Executive Compensation The Company’s stockholders approved, on a non-binding, advisory basis, the Company’s executive compensation. The voting results were as follows: For: 83,588,607 Against: 4,687,434 Abstain: 296,119 Broker Non-Votes: 5,238,821
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
VERISIGN INC/CA shareholders approved Election of Directors at the 2023-05-25 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-05-25
Exact text from the filing
Proposal No. 1 – Election of Directors The Company’s stockholders elected the nominees listed below as directors of the Company, each to serve until the Company’s next annual meeting of stockholders, or until a successor has been elected and qualified or until the director’s earlier resignation or removal. The voting results were as follows: Nominees For Against Abstain Broker Non-Votes D. James Bidzos 82,894,046 4,340,399 1,337,715 5,238,821
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
VERISIGN INC/CA shareholders rejected Stockholder Proposal Regarding an Independent Chair Policy at the 2023-05-25 meeting.
- Outcome
- failed
- Meeting
- 2023-05-25
Exact text from the filing
Proposal No. 5 – Stockholder Proposal Regarding an Independent Chair Policy The Company’s stockholders did not approve a stockholder proposal requesting an independent chair policy. The voting results were as follows: For: 25,606,453 Against: 62,850,533 Abstain: 115,174 Broker Non-Votes: 5,238,821
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
VERISIGN INC/CA shareholders approved To Approve, on a Non-Binding, Advisory Basis, the Frequency of the Executive Compensation Vote at the 2023-05-25 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-05-25
Exact text from the filing
Proposal No. 3 – To Approve, on a Non-Binding, Advisory Basis, the Frequency of the Executive Compensation Vote The Company’s stockholders approved, on a non-binding, advisory basis, an annual frequency of stockholder voting on executive compensation. The voting results were as follows: One Year: 86,782,983 Two Years: 13,573 Three Years: 1,682,732 Abstain: 92,872 Broker Non-Votes: 5,238,821
View on SEC.gov
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