01—Abstract
Summary
Summary of the 8-K filed July 11, 2024. Cited figures are marked; the original filing is the authoritative source.
On July 10, 2024, Samsara Inc. held its annual meeting of stockholders, where shareholders voted on three proposals described in the company's definitive proxy statement filed May 29, 2024.
Stockholders elected eight directors to serve until the next annual meeting, with each nominee receiving substantially more For votes than Withhold votes. Stockholders also ratified the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending February 1, 2025. In an advisory vote, stockholders ratified the compensation of the company's named executive officers.
The For votes were 3,350,896,241, compared with 56,992,536 Against and 147,912 Abstain, with 23,952,982 broker non-votes. For investors, the filing shows that the board slate, the auditor, and the executive pay proposal all passed, and it reports no other corporate actions.
02—Key points
Key Highlights
- Annual meeting held July 10, 2024, with three proposals voted on, as described in the proxy statement filed May 29, 2024.
- All eight director nominees were elected to serve until the next annual meeting, including Sanjit Biswas, John Bicket, Marc Andreessen, Todd Bluedorn, Sue Bostrom, Jonathan Chadwick, Ann Livermore, and Sue Wagner.
- Sue Wagner received the most Withhold votes among the nominees, at 34,472,547, while her For votes totaled 3,373,564,142.
- Deloitte & Touche LLP was ratified as independent registered public accounting firm for the fiscal year ending February 1, 2025, with 3,431,126,170 For, 476,128 Against, and 387,373 Abstain votes.
- The advisory vote on named executive officer compensation was ratified, with 3,350,896,241 For, 56,992,536 Against, and 147,912 Abstain votes.
- Broker non-votes were 23,952,982 for the director elections and the say-on-pay vote.
03—Questions
Frequently Asked Questions
Who was elected to the Samsara Board of Directors at the July 2024 annual meeting?
Eight nominees were elected to serve until the next annual meeting and until their successors are elected and qualified: Sanjit Biswas, John Bicket, Marc Andreessen, Todd Bluedorn, Sue Bostrom, Jonathan Chadwick, Ann Livermore, and Sue Wagner.
Which accounting firm did stockholders ratify, and for which fiscal year?
Stockholders ratified Deloitte & Touche LLP as the company's independent registered public accounting firm for the fiscal year ending February 1, 2025, with 3,431,126,170 votes For, 476,128 Against, and 387,373 Abstain.
How did stockholders vote on the compensation of named executive officers?
The advisory vote on named executive officer compensation was ratified, with 3,350,896,241 votes For, 56,992,536 Against, 147,912 Abstain, and 23,952,982 broker non-votes.
Where can investors find more detail on the proposals voted on?
The filing states that each proposal is described in more detail in the company's definitive proxy statement, which was filed with the SEC on May 29, 2024.
04—Continue