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 8, 2015
DSP GROUP, INC.
(Exact Name of Registrant as Specified in Its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
001-35256 | 94-2683643 |
161 S. San Antonio Road, Suite 10, Los Altos, CA | 94022 |
408/986-4300
(Registrant’s Telephone Number, Including Area Code)
With a copy to:
Jaclyn Liu, Esq.
Morrison & Foerster llp
425 Market Street
San Francisco, CA 94105
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 (seeGeneral Instruction A.2. below):
☐ 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))
ITEM 5.03.Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On June 8, 2015, DSP Group, Inc. (the “Company”) held its annual meeting of stockholders (the “2015 Annual Meeting”) whereby the stockholders approved an amendment and restatement of the Restated Certificate of Incorporation (the “Second Restated Certificate”) of the Company to eliminate supermajority voting provisions therein and integrate into a single document all prior stockholder-approved amendments of the Restated Certificate of Incorporation into a single document. Subsequent to stockholder approval, the Second Restated Certificate was filed and accepted by the Secretary of State of the State of Delaware on June 12, 2015. A copy of the Second Restated Certificate is filed as Exhibit 3.1 to this Current Report on Form 8-K and is incorporated herein by reference.
ITEM 5.07. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
At the 2015 Annual Meeting, the following proposals were submitted to a vote of stockholders and the voting results are set forth below. The proposals are described in detail in the proxy statement for the 2015 Annual Meeting that the Company filed with the Securities and Exchange Commission on May 7, 2015.
1. Election of six directors as specifically set forth below, each to serve until the 2016 annual meeting of stockholders:
Ofer Elyakim | For: 17,561,014 | Withheld: 227,548 | Broker Non-Vote: 1,515,438 |
Thomas A. Lacey | For: 17,407,652 | Withheld: 380,910 | Broker Non-Vote: 1,515,438 |
Gabi Seligsohn | For: 17,522,705 | Withheld: 265,857 | Broker Non-Vote: 1,515,438 |
Yair Seroussi | For: 17,421,095 | Withheld: 367,467 | Broker Non-Vote: 1,515,438 |
Patrick Tanguy | For: 17,413,925 | Withheld: 374,637 | Broker Non-Vote: 1,515,438 |
Kenneth H. Traub | For: 17,425,538 | Withheld: 363,024 | Broker Non-Vote: 1,515,438 |
2. Proposal to approve Second Restated Certificate of Incorporation to eliminate supermajority voting provisions therein and integrate into a single document all prior stockholder-approved amendments into a single document:
For: 17,761,173 | Against: 24,791 | Abstain: 2,598 | Broker Non-Vote: 1,515,438 |
3. Proposal to approve Second Restated Certificate of Incorporation to add a provision to designate Delaware Chancery Court as the exclusive forum for certain legal actions and integrate into a single document all prior stockholder-approved amendments into a single document:
For: 10,839,115 | Against: 6,946,309 | Abstain: 3,138 | Broker Non-Vote: 1,515,438 |
4. Proposal to increase the number of shares authorized under the Company’s amended and restated 2012 equity incentive plan by 1,000,000 shares:
For: 16,423,788 | Against: 1,363,426 | Abstain: 1,348 | Broker Non-Vote: 1,515,438 |
5. Proposal to increase the number of shares authorized under the Company’s amended and restated 1993 employee purchase plan by 1,000,000 shares:
For: 17,511,230 | Against: 161,525 | Abstain: 115,807 | Broker Non-Vote: 1,515,438 |
6. Proposal to ratify the appointment of Kost Forer Gabbay & Kasierer, a member of Ernst & Young Global, as the Company’s independent auditors for the year ending December 31, 2015:
For: 18,827,248 | Against: 471,612 | Abstain: 5,140 | Broker Non-Vote: 0 |
7. Advisory vote to approve the Company’s named executive officers compensation:
For: 17,170,619 | Against: 615,070 | Abstain: 2,873 | Broker Non-Vote: 1,515,438 |
ITEM 9.01.Financial Statements and Exhibits.
(d) Exhibits.
3.1 Second Restated Certificate of Incorporation of DSP Group, Inc., effective as of June 12, 2015.
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.
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Date: June 12, 2015 | By: | /s/ Dror Levy |
| Dror Levy | |
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