other
confidence high
sentiment neutral
materiality 0.30
Akamai shareholders approve 2M-share increase in stock incentive plan; elect 10 directors
AKAMAI TECHNOLOGIES INC
- Shareholders approved Second Amended & Restated 2013 Stock Incentive Plan, increasing authorized shares by 2,000,000 and extending plan to May 12, 2032.
- All ten director nominees elected: Sharon Bowen, Marianne Brown, Monte Ford, Dan Hesse, Tom Killalea, Tom Leighton, Jonathan Miller, Madhu Ranganathan, Ben Verwaayen, Bill Wagner.
- Advisory 'say-on-pay' proposal on executive compensation approved with 111.8M votes for and 15.7M against.
- Ratification of PricewaterhouseCoopers as independent auditor for FY2022 approved with 121.2M votes for and 12.7M against.
- Second Amended Plan also removes Section 162(m) provisions and updates change-in-control treatment for equity awards.