INTEVAC INC false 0001001902 0001001902 2023-05-17 2023-05-17

 

 

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

May 17, 2023

Date of Report (date of earliest event reported)

 

 

INTEVAC, INC.

(Exact name of Registrant as specified in its charter)

 

 

 

State of Delaware   0-26946   94-3125814
(State or other jurisdiction of
incorporation or organization)
  (Commission
File Number)
 

(IRS Employer

Identification Number)

3560 Bassett Street

Santa Clara, CA 95054

(Address of principal executive offices)

(408) 986-9888

(Registrant’s telephone number, including area code)

N/A

(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:

 

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 ($0.001 par value)   IVAC   The Nasdaq Stock Market LLC (Nasdaq) Global Select

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.

On May 17, 2023, Intevac held its 2023 annual meeting of stockholders (the “Annual Meeting”). The matters voted upon at the Annual Meeting and the results of such voting are set forth below:

Proposal 1: Election of Directors

Intevac’s stockholders elected the nominees listed below to serve on Intevac’s board of directors.

 

     Votes For    Votes Against    Abstentions    Broker Non-Votes

David S. Dury

   17,353,459    452,634    652,039    4,139,483

Nigel D. Hunton

   17,426,934    182,906    848,292    4,139,483

Kevin D. Barber

   17,053,360    752,733    652,039    4,139,483

Dorothy D. Hayes

   17,619,687    186,406    652,039    4,139,483

Michele F. Klein

   17,529,494    276,599    652,039    4,139,483

Proposal 2: Approval of the Amended Intevac 2003 Employee Stock Purchase Plan to Increase the Number of Shares of Common Stock Reserved for Issuance thereunder by 300,000 Shares

Intevac’s stockholders approved the amended Intevac 2003 Employee Stock Purchase Plan to increase the number of shares reserved for issuance thereunder by 300,000 shares.

 

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

17,456,034   336,624   665,474   4,139,483

Proposal 3: Approval of the Amended Intevac 2020 Equity Incentive Plan to Increase the Number of Shares of Common Stock Reserved for Issuance thereunder by 850,000 Shares

Intevac’s stockholders approved the amended Intevac 2020 Equity Incentive Plan to increase the number of shares reserved for issuance thereunder by 850,000 shares.

 

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

16,486,549   1,298,809   672,774   4,139,483

Proposal 4: Ratification of Appointment of Independent Auditors

Intevac’s stockholders ratified the appointment of BPM LLP as Intevac’s independent public accountants for the fiscal year ending December 30, 2023.

 

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

21,873,400   61,541   662,674  

Proposal 5: Advisory Approval of Named Executive Officer Compensation

Intevac’s stockholders approved, on a non-binding, advisory basis, the compensation of Intevac’s named executive officers.

 

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

10,767,902   4,338,799   3,351,431   4,139,483

Proposal 6: Advisory Approval of Frequency of Votes on Compensation of Named Executive Officers.

Intevac’s stockholders approved, on a non-binding, advisory basis, the 1-Year frequency of future votes on the compensation of named executive officers.


1-Year

 

2-Years

 

3-Years

 

Abstain

 

Broker Non-Votes

15,921,644   2,031   1,458,750   1,075,707   4,139,483

 

Item 9.01.

Financial Statements and Exhibits.

 

Exhibit
No.
  

Description

104    Cover Page Interactive Date File (embedded within the Inline XBRL document)

 


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.

 

                   INTEVAC, INC.
Date: May 19, 2023      

/s/ JAMES MONIZ

      James Moniz
      Executive Vice President, Finance and Administration,
      Chief Financial Officer, Secretary and Treasurer