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): November 3, 2011
LAM RESEARCH CORPORATION
(Exact name of registrant as specified in its charter)
| Delaware | ||
| (State or Other Jurisdiction of Incorporation) | ||
| 0-12933 | 94-2634797 | |
| (Commission File Number) |
(IRS Employer Identification Number) | |
4650 Cushing Parkway
Fremont, California 94538
(Address of principal executive offices including zip code)
(510) 572-0200
(Registrant’s telephone number, including area code)
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. 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)) |
TABLE OF CONTENTS
|
Item 5.07 Submission of Matters to a Vote of Security Holders. |
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
| (b) | Departure of Director |
On November 3, 2011, David G. Arscott retired from his position as a director effective immediately prior to the Company’s 2011 Annual Meeting of Stockholders on November 3, 2011.
Item 5.07 Submission of Matters to a Vote of Security Holders.
The Annual Meeting was held at the principal office of the Company at 4650 Cushing Parkway, Fremont, California 94538 on November 3, 2011. Out of 122,656,511 shares of Common Stock (as of the record date of September 9, 2011) entitled to vote at the meeting, 106,318,085 shares were present in person or by proxy.
The results of voting on the following items were as set forth below:
(a) The votes for nominated directors, to serve for the ensuing year, and until their successors are elected, were as follows:
| NOMINEE |
FOR | WITHHELD | BROKER NON-VOTES |
|||||||||
| James W. Bagley |
92,555,982 | 1,742,241 | ||||||||||
| Robert M. Berdahl |
93,349,071 | 949,152 | ||||||||||
| Eric K. Brandt |
94,054,531 | 243,692 | ||||||||||
| Michael R. Cannon |
92,923,301 | 1,374,922 | ||||||||||
| Christine A. Heckart |
93,433,246 | 864,977 | ||||||||||
| Grant M. Inman |
92,445,914 | 1,852,309 | ||||||||||
| Catherine P. Lego |
94,057,558 | 240,665 | ||||||||||
| Stephen G. Newberry |
94,057,272 | 240,951 | ||||||||||
| Kim E. Perdikou |
94,050,651 | 247,572 | ||||||||||
| Abhijit Y. Talwalkar |
93,433,128 | 865,095 | ||||||||||
| 12,019,862 | ||||||||||||
All director nominees were duly elected.
(b) The vote on a proposal to approve on an advisory basis the Company’s fiscal year 2011executive compensation (“Say on Pay”) was as follows:
| FOR | AGAINST | ABSTAIN | BROKER NON-VOTES | |||||||||||
| Total Shares Voted |
75,880,005 | 16,847,520 | 1,570,698 | |||||||||||
| % of Voted Shares |
80.46% | 17.86% | 1.66% | |||||||||||
| % of Outstanding Shares |
61.86% | 13.73% | 1.28% | |||||||||||
| 12,019,862 | ||||||||||||||
The proposal was approved.
(c) The vote on a proposal to approve on an advisory basis the frequency of executive compensation votes was as follows:
| 1 YEAR | 2 YEARS | 3 YEARS | ABSTAIN | |||||
| Total Shares Voted |
82,208,519 | 90,829 | 10,907,154 | 1,091,721 | ||||
| % of Voted Shares |
87.17% | 0.09% | 11.56% | 1.15% | ||||
| % of Outstanding Shares |
67.02% | 0.07% | 8.89% | 0.89% |
The proposal for a frequency of one year was approved.
(d) The vote on a proposal to ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for fiscal year 2012 was as follows:
| FOR | AGAINST | ABSTAIN | BROKER NON-VOTES | |||||
| Total Shares Voted |
105,112,831 | 1,169,331 | 35,923 | |||||
| % of Voted Shares |
98.86% | 1.09% | 0.03% | |||||
| % of Outstanding Shares |
85.69% | 0.95% | 0.02% |
The appointment was ratified.
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.
Date: November 9, 2011
| LAM RESEARCH CORPORATION | ||
| By: | /s/ George M. Schisler, Jr. | |
| George M. Schisler, Jr. | ||
| Vice President, General Counsel and Secretary | ||