8-K
filed April 6, 2023, 7:59 PM ET
ticker AVGO
CIK 0001730168
other material
confidence high
sentiment negative
materiality 0.60
Broadcom say-on-pay vote fails at 2023 annual meeting; stock incentive plan approved
Broadcom Inc.
- Advisory vote on named executive officer compensation not approved: 109.1M for, 228.4M against.
- Amendment and restatement of 2012 Stock Incentive Plan approved: 243.9M for, 93.6M against.
- All nine director nominees elected; Harry L. You received 132.8M against votes.
- Ratification of PricewaterhouseCoopers as auditor approved: 368.2M for, 4.7M against.
- Stockholders voted for 1-year frequency for future say-on-pay votes (333.3M for 1 year).
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Broadcom Inc. shareholders approved Election of Directors at the 2023-04-03 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-04-03
Exact text from the filing
(1) T he nine nominees were elected to serve as directors of Broadcom until the next annual meeting of stockholders or until their successors have been elected: Name For Against Abstain Broker Non-Votes Diane M. Bryant 305,968,175 32,990,597 185,578 33,995,313 Gayla J. Delly 335,250,160 3,712,380 181,810 33,995,313 Raul J. Fernandez 335,050,222 3,892,636 201,492 33,995,313 Eddy W. Hartenstein 270,500,911 68,445,897 197,542 33,995,313 Check Kian Low 302,879,425 36,075,842 189,083 33,995,313 Justine F. Page 337,145,694 1,821,578 177,078 33,995,313 Henry Samueli, Ph.D. 331,420,390 7,565,207 158,753 33,995,313 Hock E. Tan 338,356,295 647,634 140,421 33,995,313 Harry L. You 206,154,557 132,804,793 185,000 33,995,313
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Broadcom Inc. shareholders approved Approve amendment and restatement of the 2012 Stock Incentive Plan at the 2023-04-03 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2023-04-03
Exact text from the filing
(3) A proposal to approve an amendment and restatement of the 2012 Stock Incentive Plan was approved: For Against Abstain Broker Non-Votes 243,920,225 93,648,191 1,575,934 33,995,313
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Broadcom Inc. shareholders approved Advisory vote on the frequency of advisory vote on named executive officer compensation at the 2023-04-03 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-04-03
Exact text from the filing
(5) A majority of stockholders voted for 1 Year on an advisory vote on the frequency of the advisory vote on named executive officer compensation: 1 year 2 years 3 years Abstain Broker Non-Votes 333,255,177 266,327 4,041,121 1,581,725 33,995,313
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Broadcom Inc. shareholders rejected Advisory vote to approve named executive officer compensation at the 2023-04-03 meeting.
- Proposal
- say on pay
- Outcome
- failed
- Meeting
- 2023-04-03
Exact text from the filing
(4) An advisory vote to approve the named executive officer compensation was not approved: For Against Abstain Broker Non-Votes 109,116,393 228,382,090 1,645,867 33,995,313
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Broadcom Inc. shareholders approved Ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm at the 2023-04-03 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-04-03
Exact text from the filing
(2) A proposal to ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm of Broadcom for the fiscal year ending October 29, 2023 was approved: For Against Abstain Broker Non-Votes 368,187,655 4,664,492 287,516 0
View on SEC.gov
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