secwatch.observer — SEC 8-K summary
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Issuer:     Fastly, Inc. (FSLY)
CIK:        0001517413
Form:       8-K
Filed at:   2023-06-16T23:59:59+00:00
Accession:  0001517413-23-000167
Event type: other_material
Sentiment:  negative
Materiality: 0.15
Item codes: 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fastly say-on-pay fails; founder stock option grant rejected by shareholders
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- Advisory say-on-pay vote failed: 32.7M for, 36.5M against, 156K abstain.
- Performance-based nonstatutory stock option for founder Artur Bergman rejected: 39.4% support (majority standard), 30.7% (disinterested standard).
- All three director nominees elected; Aida Álvarez received 36.8M for, 32.6M withhold.
- Ratification of Deloitte & Touche as auditor approved: 95.6M for, 1.2M against.
- Broker non-votes of 27.5M reported on all proposals except auditor ratification.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517413/000151741323000167/0001517413-23-000167-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517413/000151741323000167/fsly-20230614.htm
  HTML page:      https://secwatch.observer/filing/0001517413-23-000167

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer