Current Report Filing (8-k)
June 08 2017 - 6:04AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8‑K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
June 6, 2017
Tesla, Inc.
(Exact name of registrant as specified in its charter)
Delaware
|
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001-34756
|
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91-2197729
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(State or other jurisdiction of incorporation)
|
|
(Commission File Number)
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(IRS Employer
Identification No.)
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3500 Deer Creek Road
Palo Alto, California 94304
(Address of principal executive offices, including zip code)
(650) 681-5000
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2):
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐
Item 5.07
Submission of Matters to a Vote of Security Holders.
On June 6, 2017, Tesla, Inc. (the “
Company
”) held its 2017 Annual Meeting of Stockholders (the “
Annual Meeting
”). At the Annual Meeting, the Company’s stockholders voted on the following five proposals and the Company’s inspector of election certified the vote tabulations indicated below.
Proposal 1
The individuals listed below were elected as Class I directors at the Annual Meeting to serve on the Company’s Board of Directors (the “
Board
”) for a term of three years or until their respective successors are duly elected and qualified.
|
For
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Against
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Abstained
|
Broker Non-Votes
|
Elon Musk
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104,803,501
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2,961,290
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243,653
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33,932,312
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Robyn M. Denholm
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103,795,688
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4,032,029
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180,727
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33,932,312
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Stephen T. Jurvetson
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104,960,370
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2,871,564
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176,510
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33,932,312
|
The votes cast for Mr. Musk, Ms. Denholm and Mr. Jurvetson constituted approximately 97.0%, 96.1% and 97.2%, respectively, of all votes cast in person or by proxy on these matters at the Annual Meeting.
Proposal 2
Proposal 2 was a management proposal to hold an advisory vote on executive compensation, as described in the proxy materials. This proposal was approved.
For
|
Against
|
Abstained
|
Broker Non-Votes
|
106,802,322
|
960,066
|
246,056
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33,932,312
|
The votes cast to approve on an advisory basis the Company’s executive compensation constituted approximately 98.9% of all votes cast in person or by proxy on this matter at the Annual Meeting.
Proposal 3
Proposal 3 was a management proposal to hold an advisory vote on the on the frequency of the advisory vote on executive compensation, as described in the proxy materials. “3 Years” was approved.
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1 Year
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2 Years
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3 Years
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Abstained
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Broker Non-Votes
|
50,768,195
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335,690
|
56,655,104
|
249,455
|
33,932,312
|
The votes cast to approve on an advisory basis every 3 years as the frequency of the vote on executive compensation constituted approximately 52.5% of all votes cast in person or by proxy on this matter at the Annual Meeting.
Consistent with these results, on June 6, 2017, the Board determined that the Company will conduct future stockholder advisory votes regarding executive compensation every three years until the next required stockholder advisory vote on the frequency of say-on-pay votes is required under Section 14A of the Securities Exchange Act of 1934, as amended, or until the Board otherwise determines that a different frequency for such votes is in the best interests of the Company’s stockholders.
Proposal 4
Proposal 4 was a management proposal to ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2017, as described in the proxy materials. This proposal was approved.
For
|
Against
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Abstained
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Broker Non-Votes
|
140,797,587
|
738,745
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404,424
|
—
|
The votes cast to ratify the appointment of the Company’s independent registered public accounting firm for fiscal year 2017 constituted approximately 99.2% of all votes cast in person or by proxy on this matter at the Annual Meeting.
Proposal 5
Proposal 5 was a stockholder proposal regarding declassification of the Company’s Board of Directors, as described in the proxy materials. This stockholder proposal was not approved.
For
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Against
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Abstained
|
Broker Non-Votes
|
32,733,459
|
74,720,931
|
554,054
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33,932,312
|
The votes cast for the stockholder proposal constituted approximately 30.3% of all votes cast in person or by proxy on this matter at the Annual Meeting.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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TESLA, INC.
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By:
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/s/ Todd A. Maron
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|
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Todd A. Maron
General Counsel
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Date: June
7, 2017
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