0000896841-12-000036.txt : 20120518 0000896841-12-000036.hdr.sgml : 20120518 20120518161546 ACCESSION NUMBER: 0000896841-12-000036 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120515 ITEM INFORMATION: Submission of Matters to a Vote of Security Holders FILED AS OF DATE: 20120518 DATE AS OF CHANGE: 20120518 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AVID TECHNOLOGY, INC. CENTRAL INDEX KEY: 0000896841 STANDARD INDUSTRIAL CLASSIFICATION: PHOTOGRAPHIC EQUIPMENT & SUPPLIES [3861] IRS NUMBER: 042977748 STATE OF INCORPORATION: DE FISCAL YEAR END: 1019 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-21174 FILM NUMBER: 12855706 BUSINESS ADDRESS: STREET 1: 75 NETWORK DRIVE CITY: BURLINGTON STATE: MA ZIP: 01803 BUSINESS PHONE: 978.640.6789 MAIL ADDRESS: STREET 1: 75 NETWORK DRIVE CITY: BURLINGTON STATE: MA ZIP: 01803 FORMER COMPANY: FORMER CONFORMED NAME: AVID TECHNOLOGY INC DATE OF NAME CHANGE: 19930203 8-K 1 f8k_05152012.htm FORM 8-K DATED MAY 15, 2012 f8k_05152012


 
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, 2012

AVID TECHNOLOGY, INC.
(Exact Name of Registrant as Specified in Its Charter)

Delaware
(State or Other Jurisdiction of
Incorporation or Organization)
0-21174  
(Commission File Number) 
04-2977748
(I.R.S. Employer
 Identification No.)
 
75 Network Drive, Burlington, Massachusetts  01803
(Address of Principal Executive Offices)  (Zip Code)
 
(978) 640-6789
(Registrant's Telephone Number, Including Area Code)
 


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. below):

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o
Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2(b))

o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






 
Item 5.07.
Submission of Matters to a Vote of Security Holders.

(a)
Avid Technology, Inc. (the “Company”) held its annual meeting of stockholders on Tuesday, May 15, 2012. Set forth below are the final voting results on each matter submitted to a vote of stockholders at the 2012 annual meeting. Each proposal is described in more detail in the Company's proxy statement for the 2012 annual meeting dated March 30, 2012.

(b)
The results of the 2012 annual meeting were as follows:

Proposal 1 - Election of Directors

George H. Billings and Nancy Hawthorne were re-elected as Class I Directors for terms expiring at the Company's 2015 annual meeting. John H. Park was elected as a Class I Director for a term expiring at the Company's 2015 annual meeting. The vote with respect to each nominee is set forth below, with each nominee being elected by a majority of votes cast:
 
Votes For
Votes Against
Votes Abstaining
Broker Non-Votes
George H. Billings
30,869,940
911,789
246,363
4,640,633
Nancy Hawthorne
30,796,634
986,026
245,432
4,640,633
John H. Park
31,678,574
343,159
6,359
4,640,633

Proposal 2 - Ratification of the Selection of our Independent Registered Public Accounting Firm

By a majority of votes cast, the stockholders ratified the selection of Ernst & Young LLP as the Company's independent registered public accounting firm for the year ending December 31, 2012 by a vote of 36,588,401 shares for and 43,878 shares against, with 36,446 shares abstaining.

Proposal 3 - Advisory Vote To Approve Executive Compensation

By a majority of votes cast, the stockholders approved, on an advisory basis, the Company's executive compensation by a vote of 15,731,242 shares for and 15,222,426 shares against, with 1,074,424 shares abstaining and 4,640,633 broker non-votes.



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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.

 
 
AVID TECHNOLOGY, INC.
 
 
 
(Registrant)
 
 
 
 
 
 
Date:   May 18, 2012   
By:
/s/ Jason A. Duva
 
 
 
Name:
Jason A. Duva
 
 
 
Title:
Vice President, General Counsel and Corporate Secretary
 




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