SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 9, 2014
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Quantum Corporation
(Exact name of registrant as specified in its charter)
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Delaware
(State or other jurisdiction of incorporation)
| 1-13449 | 94-2665054 |
| (Commission File No.) | (IRS Employer Identification No.) |
224 Airport Parkway, Suite 300
San Jose, CA 95110
(Address of principal executive offices and zip code)
Registrant’s telephone number, including area code: (408) 944-4000
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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):
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))
Approval of Plans at Annual Meeting
At the annual meeting of stockholders (the “Annual Meeting”) of Quantum Corporation (the “Company”) held on September 9, 2014, the stockholders of the Company approved and ratified the following: (i) an amended 2012 Long-Term Incentive Plan (the “Plan”)to increase the number of shares of Common Stock available for issuance under the Plan by 4,800,000 sharesand (ii) an amended Employee Stock Purchase Plan (the “ESPP”) to increase the number of shares of Common Stock available for issuance under the ESPP by 6,500,000 shares.
The terms and conditions of the Plan and the ESPP are described in the Company’s definitive proxy statement, filed with the Securities and Exchange Commission on July 29, 2014. The Plan and the ESPP are filed as Exhibit 10.1 and Exhibit 10.2 hereto, respectively, and are each incorporated by reference herein.
Item 5.07.Submission of Matters to a Vote of Security Holders.
The following is a brief description of each matter submitted to a vote at the Annual Meeting held on September 9, 2014, as well as the number of votes cast with respect to each matter. For more information about these proposals, please refer to the Company’s Proxy Statement filed with the Securities and Exchange Commission on July 29, 2014.
Proposal 1
The stockholders elected nine nominees recommended by the Company’s Board of Directors (the “Board”) to the Board to serve until the next Annual Meeting or until their successors are elected and duly qualified, as set forth below:
| Nominee | For | Against | Abstain | Broker Non-Votes | ||||
| Paul R. Auvil III | 165,802,615 | 2,969,491 | 597,579 | 58,599,967 | ||||
| Philip Black | 166,133,957 | 3,101,039 | 134,689 | 58,599,967 | ||||
| Louis DiNardo | 165,386,150 | 3,845,329 | 138,206 | 58,599,967 | ||||
| Dale L. Fuller | 165,958,782 | 3,265,117 | 145,786 | 58,599,967 | ||||
| Jon W. Gacek | 165,287,463 | 3,504,128 | 578,094 | 58,599,967 | ||||
| David A. Krall | 166,604,732 | 2,191,135 | 573,818 | 58,599,967 | ||||
| Gregg J. Powers | 164,722,380 | 4,069,742 | 577,563 | 58,599,967 | ||||
| David E. Roberson | 166,569,849 | 2,207,051 | 592,785 | 58,599,967 | ||||
| Jeffrey C. Smith | 166,091,354 | 3,149,881 | 128,450 | 58,599,967 |
Proposal 2
The stockholders ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm of the Company for the fiscal year ending March 31, 2015, as set forth below:
| For | Against | Abstain | Broker Non-Votes | |||
| 224,830,738 | 3,018,417 | 120,497 | -- |
Proposal 3
The stockholders voted for the adoption of a resolution approving, on an advisory basis, the compensation of the Company’s named executive officers, as set forth below:
| For | Against | Abstain | Broker Non-Votes | |||
| 162,230,110 | 5,056,761 | 2,082,814 | 58,599,967 |
Proposal 4
The stockholders approved and ratified an amendment to the Company’s 2012 Long-Term Incentive Plan, as set forth below:
| For | Against | Abstain | Broker Non-Votes | |||
| 132,916,920 | 34,433,902 | 2,018,863 | 58,599,967 |
Proposal 5
The stockholders approved and ratified an amendment to the Company’s Employee Stock Purchase Plan, as set forth below:
| For | Against | Abstain | Broker Non-Votes | |||
| 165,590,187 | 1,930,269 | 1,849,229 | 58,599,967 |
Item 9.01 Financial Statements and Exhibits.
| (c) | Exhibits | Description | |||
| 10.1 | Quantum Corporation 2012 Long-Term Incentive Plan | ||||
| 10.2 | Quantum Corporation Employee Stock Purchase Plan | ||||
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.
| QUANTUM CORPORATION | |||
| By: | /s/Shawn D. Hall | ||
| Shawn D. Hall | |||
| Senior Vice President, General | |||
| Counsel and Secretary | |||
| Dated: | September 9, 2014 | ||
EXHIBIT INDEX
| Exhibits | Description | ||
| 10.1 | Quantum Corporation 2012 Long-Term Incentive Plan | ||
| 10.2 | Quantum Corporation Employee Stock Purchase Plan | ||