false0001040161 0001040161 2020-05-15 2020-05-15


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  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): May 15, 2020

PIXELWORKS, INC.
(Exact name of registrant as specified in its charter)
 
Oregon
 
000-30269
 
91-1761992
(State or other jurisdiction
of incorporation)
 
(Commission File Number)
 
(I.R.S. Employer
Identification No.)
 
226 Airport Parkway, Suite 595
San Jose, CA 95110
(408) 200-9200
(Address, including zip code, and telephone number, including
area code, of registrant’s principal executive offices)
 
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:
 
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))

Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock
PXLW
The Nasdaq Global Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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.

Pixelworks, Inc. (the "Company") held its 2020 Annual Meeting of Shareholders on May 15, 2020 in San Jose, California. The following is a brief description of the matters voted on at the meeting, which are more fully described in the Company's definitive proxy statement filed with the Securities and Exchange Commission on April 16, 2020, and a statement of the number of votes cast for, withheld and against and the number of abstentions and broker non-votes:

The following nominees were elected to serve on the board of directors by the votes indicated below:
Nominee
 
For
 
Withheld
 
Broker non-votes
Todd A. DeBonis
 
15,597,036

 
380,257

 
15,702,291

Amy Bunszel
 
15,590,366

 
386,927

 
15,702,291

C. Scott Gibson
 
15,440,700

 
536,593

 
15,702,291

Daniel J. Heneghan
 
14,820,743

 
1,156,550

 
15,702,291

Richard L. Sanquini
 
15,496,343

 
480,950

 
15,702,291

David J. Tupman
 
14,872,948

 
1,104,345

 
15,702,291


The proposal to approve the amended and restated 2006 Stock Incentive Plan was approved and received the following votes:
For
 
Against
 
Abstain
 
Broker non-votes
13,800,481

 
2,138,724

 
38,088

 
15,702,291


The proposal to approve the amended and restated 2010 Employee Stock Purchase Plan was approved and received the following votes:
For
 
Against
 
Abstain
 
Broker non-votes
15,774,379

 
157,653

 
45,261

 
15,702,291


The proposal to approve, on an advisory basis, our executive compensation was approved and received the following votes:
For
 
Against
 
Abstain
 
Broker non-votes
15,484,686

 
446,827

 
45,780

 
15,702,291


The proposal to ratify the appointment of Armanino LLP as Pixelworks' independent registered public accounting firm for the current fiscal year was approved and received the following votes:
For
 
Against
 
Abstain
31,160,275

 
327,434

 
191,875









SIGNATURE

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.

 
 
PIXELWORKS, INC.
 
 
(Registrant)
 
 
 
Dated:
May 18, 2020
/s/ Elias N. Nader
 
 
Elias N. Nader
Vice President, Chief Financial
Officer, Secretary and Treasurer







Pixelworks (NASDAQ:PXLW)
Historical Stock Chart
From Sep 2020 to Oct 2020 Click Here for more Pixelworks Charts.
Pixelworks (NASDAQ:PXLW)
Historical Stock Chart
From Oct 2019 to Oct 2020 Click Here for more Pixelworks Charts.