0001428336-17-000018.txt : 20170628 0001428336-17-000018.hdr.sgml : 20170628 20170628164349 ACCESSION NUMBER: 0001428336-17-000018 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170622 ITEM INFORMATION: Submission of Matters to a Vote of Security Holders FILED AS OF DATE: 20170628 DATE AS OF CHANGE: 20170628 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HEALTHEQUITY INC CENTRAL INDEX KEY: 0001428336 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36568 FILM NUMBER: 17935748 BUSINESS ADDRESS: STREET 1: 15 WEST SCENIC POINTE DRIVE STREET 2: SUITE 100 CITY: DRAPER STATE: UT ZIP: 84020 BUSINESS PHONE: 801-727-1000 MAIL ADDRESS: STREET 1: 15 WEST SCENIC POINTE DRIVE STREET 2: SUITE 100 CITY: DRAPER STATE: UT ZIP: 84020 8-K 1 a8-k507fy17.htm 8-K Document


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)

June 22, 2017

Commission File Number: 001-36568

 
 
 
HEALTHEQUITY, INC.
 
 
 


Delaware
 
7389
 
52-2383166
(State or other jurisdiction of
incorporation or organization)
 
(Primary Standard Industrial
Classification Code Number)
 
(I.R.S. Employer
Identification Number)

15 West Scenic Pointe Drive
Suite 100
Draper, Utah 84020
(801) 727-1000

(Address, including Zip Code, and Telephone Number, including Area Code, of Registrant’s Principal Executive Offices)

Not Applicable
(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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 22, 2017, HealthEquity, Inc. (the “Company”) held its 2017 Annual Meeting of Stockholders (the “Annual Meeting”). In connection with the Annual Meeting, Michael O. Leavitt and Manu Rana tendered resignations from the Company’s Board of Directors (the “Board”) effective June 22, 2017. Mr. Leavitt and Mr. Rana were not included on the Company’s slate of nominees for election to the Board as part of the Company’s refreshment of its Board composition. Neither Mr. Leavitt nor Mr. Rana had any disagreements with the Company relative to his respective resignation.

Item 5.07 Submission of Matters to a Vote of Security Holders.
 
As of the close of business on April 24, 2017, the record date for the Annual Meeting, 59,904,123 shares of common stock of the Company were issued and outstanding and entitled to vote at the Annual Meeting. At the Annual Meeting, the stockholders voted on four proposals, each of which is described in more detail in the Company’s definitive proxy statement on Schedule 14A filed with the U.S. Securities and Exchange Commission on May 9, 2017. Stockholders approved each of the proposals presented for a vote. The tables below set forth the number of votes cast for and against or withheld, and the number of abstentions or broker non-votes, for each matter voted upon by the Company’s stockholders

1.
Proposal 1. The election of eight directors to serve on the Board until the 2018 Annual Meeting of Stockholders or until their successors are duly elected and qualified.
 
FOR
WITHHOLD AUTHORITY
BROKER NON-VOTE
Robert W. Selander
50,778,201
543,210
6,686,991
Jon Kessler
50,799,091
522,320
6,686,991
Stephen D. Neeleman, M.D.
50,800,671
520,740
6,686,991
Frank A. Corvino
50,848,799
472,612
6,686,991
Adrian T. Dillon
50,957,393
364,018
6,686,991
Evelyn Dilsaver
50,852,205
469,206
6,686,991
Frank T. Medici
41,387,154
9,934,257
6,686,991
Ian Sacks
41,395,621
9,925,790
6,686,991

2.
Proposal 2. The ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending January 31, 2018.
For
Against
Abstain
57,582,999
232,396
193,007

3.
Proposal 3. The approval, on a non-binding, advisory basis, of the compensation of the Company’s named executive officers.
For
Against
Abstain
BROKER NON-VOTE
40,505,284
10,642,017
174,110
6,686,991

4.
Proposal 4. The approval, on a non-binding, advisory basis, of the frequency of future advisory votes on the compensation of the Company’s named executive officers.
1 Year
2 Years
3 Years
Abstain
BROKER NON-VOTE
46,213,445
419,617
4,506,830
181,519
6,686,991





The Board has determined, taking into account, among other things, the above-referenced stockholder vote, to include, on a non-binding, advisory basis, a stockholder vote on the compensation paid to the Company’s named executive officers in its proxy materials every year until the next required vote on the frequency of stockholder votes on the compensation of its named executive officers or such other time that the Board determines that a different frequency for such advisory votes is in the best interests of the stockholders of the Company.





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.

 
HEALTHEQUITY, INC.
Date: June 28, 2017
By:
 
/s/ Darcy Mott
 
Name:
 
Darcy Mott
 
Title:
 
Executive Vice President and Chief Financial Officer