8-KShareholder Matters

ENTEGRIS INC 8-K Report, Shareholder Vote Results (May 3, 2012)

Filed May 3, 2012For Securities:ENTG

Summary

Entegris, Inc. filed an 8-K report on May 3, 2012, detailing the results of its 2012 Annual Meeting of Stockholders held on May 2, 2012. The meeting saw a strong turnout, with over 91.98% of outstanding shares represented, indicating significant shareholder engagement. Key outcomes included the election of all director nominees for the term expiring in 2013, the ratification of KPMG LLP as the independent registered public accounting firm for 2012, and an advisory vote on executive compensation. Investors should note the overwhelmingly positive voting results for director elections, with all nominees receiving a substantial majority of "FOR" votes. The ratification of the auditor also passed with a significant margin. While the advisory vote on executive compensation received a majority of "FOR" votes, the number of "AGAINST" votes and abstentions is notably higher than for the other proposals, which may warrant further investor attention or follow-up from management regarding executive compensation practices.

Key Highlights

  • 1Entegris, Inc. held its 2012 Annual Meeting of Stockholders on May 2, 2012.
  • 2A quorum was established, with 91.98% of outstanding shares represented.
  • 3All nominated directors were elected to serve for a term expiring in 2013, with strong majority support.
  • 4KPMG LLP was ratified as the company's independent registered public accounting firm for 2012.
  • 5An advisory vote on executive compensation was held, with a majority of shareholders voting in favor.
  • 6The voting results for all proposals are detailed in the filing, including votes for, against, abstained, and broker non-votes.

Frequently Asked Questions

This 8-K filing was made to report the voting results from Entegris, Inc.'s 2012 Annual Meeting of Stockholders, which took place on May 2, 2012. It details the outcomes of shareholder votes on director elections, the appointment of the independent auditor, and advisory executive compensation.

Yes, all director nominees presented at the meeting were elected to serve a term expiring in 2013. The voting results show substantial support for each nominee, with 'FOR' votes significantly outnumbering 'AGAINST' votes and abstentions.

The advisory vote on executive compensation, often referred to as 'Say-on-Pay,' allows shareholders to express their opinion on the company's executive compensation policies. While non-binding, a strong 'FOR' vote indicates shareholder approval, whereas a significant number of 'AGAINST' votes may signal shareholder concerns that the company might address.

A total of 126,235,946 shares of Entegris' Common Stock were represented at the Annual Meeting, either in person or by proxy. This represented 91.98% of the outstanding shares entitled to vote, which constituted a quorum.