01—Abstract
Summary
Summary of the 8-K filed December 12, 2024. Cited figures are marked; the original filing is the authoritative source.
Atlassian Corporation held its 2024 Annual Meeting of Stockholders on December 11, 2024, and this Item 5.07 filing reports the voting results on three proposals described in its Proxy Statement filed October 23, 2024.
Stockholders of record as of October 14, 2024 held 161,565,758 Class A shares and 98,977,705 Class B shares. Each Class A share carried one vote and each Class B share carried ten votes. All eleven director nominees received substantially more votes "For" than "Against" or "Abstain." The narrowest margin was for Richard P.
Wong, with 1,075,271,956 For votes and 44,170,765 Against votes. Stockholders also ratified Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending June 30, 2025, with 1,126,597,701 For, 1,240,499 Against and 309,171 Abstain votes.
In the advisory vote on fiscal year 2024 compensation for the named executive officers, the proposal received 1,093,072,495 For, 26,473,960 Against and 327,111 Abstain votes, with 8,273,805 broker non-votes. The filing reports these results without describing any further board or company action.
02—Key points
Key Highlights
- Annual Meeting held December 11, 2024; record date October 14, 2024 with 161,565,758 Class A and 98,977,705 Class B shares outstanding.
- Class B shares carry ten votes each, so the voting power of Class B holders is weighted heavily relative to their share count.
- All eleven director nominees received more For than Against votes; the lowest For count was Richard P. Wong at 1,075,271,956 with 44,170,765 Against.
- Ernst & Young LLP ratification for fiscal year ending June 30, 2025 received 1,126,597,701 For, 1,240,499 Against and 309,171 Abstain votes.
- Advisory say-on-pay vote on fiscal year 2024 named executive officer compensation received 1,093,072,495 For and 26,473,960 Against.
- The say-on-pay proposal recorded 8,273,805 broker non-votes, the same count reported for director elections.
03—Questions
Frequently Asked Questions
When and where was the 2024 Annual Meeting held, and what was the record date?
The filing states the meeting was held on December 11, 2024. The record date was October 14, 2024, when there were 161,565,758 Class A and 98,977,705 Class B shares outstanding and entitled to vote.
How many votes does each share class carry?
Each Class A Common Stock share is entitled to one vote and each Class B Common Stock share to ten votes. The filing reports vote totals on that weighted basis.
Which proposals were voted on at the meeting?
Stockholders voted on three proposals: the election of eleven directors, ratification of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending June 30, 2025, and an advisory vote to approve fiscal year 2024 compensation for the named executive officers.
Did the auditor ratification and say-on-pay proposals receive majority support?
The filing shows the Ernst & Young ratification received 1,126,597,701 For votes against 1,240,499 Against and 309,171 Abstain. The say-on-pay advisory vote received 1,093,072,495 For votes against 26,473,960 Against and 327,111 Abstain.
What were the broker non-votes?
Broker non-votes were 8,273,805 for the director election and the say-on-pay proposal, and 0 for the Ernst & Young ratification, as reported in the filing.
04—Continue