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, 2017

 

 

CEVA, INC.

(Exact Name of Registrant as Specified in Its Charter)

 

 

Delaware

(State or Other Jurisdiction of Incorporation)

 

000-49842   77-0556376
(Commission File Number)   (I.R.S. Employer Identification No.)

 

1174 Castro Street, Suite 210

Mountain View, CA

  94040
(Address of Principal Executive Offices)   (Zip Code)

650/417-7900

(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):

 

  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 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

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 5.07. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

On May 15, 2017, the Company held its annual meeting of stockholders, at which the Company’s stockholders approved the following three proposals. The proposals are described in detail in the proxy statement for the annual meeting that the Company filed with the Securities and Exchange Commission on April 4, 2017.

Proposal 1: Election of Directors

The following directors were elected at the meeting to serve for a one-year term until the 2017 annual meeting of stockholders:

 

Name

   Votes For      Votes Withheld      Broker Non-Vote  

Eliyahu Ayalon

     16,417,359        231,174        2,433,891  

Zvi Limon

     16,382,851        265,682        2,433,891  

Bruce A. Mann

     15,839,623        808,910        2,433,891  

Maria Marced

     16,578,460        70,073        2,433,891  

Peter McManamon

     16,420,056        228,477        2,433,891  

Sven-Christer Nilsson

     16,382,691        265,842        2,433,891  

Louis Silver

     16,389,901        258,632        2,433,891  

Gideon Wertheizer

     16,544,823        103,710        2,433,891  

Proposal 2: The approval of an amendment and restatement of the Company’s 2002 Employee Stock Purchase Plan to increase by 200,000 shares the number of shares of common stock reserved for issuance thereunder, the undersigned Stockholder hereby votes (mark one):

 

For  16,610,119   

Against  33,300

  

Abstained  5,114

  

Broker Non-Vote  2,433,891

Proposal 3: The approval of an amendment and restatement of our 2011 Incentive Plan to increase by 600,000 shares the number of shares of common stock reserved for issuance thereunder, the undersigned Stockholder hereby votes (mark one):

 

For  15,652,332   

Against  988,623

  

Abstained  7,578

  

Broker Non-Vote  2,433,891

Proposal 4: Ratification of Appointment of Independent Auditors

The selection of Kost Forer Gabby & Kassierer, a member of Ernst & Young Global, as independent auditors of the Company for the fiscal year ending December 31, 2017, was ratified as follows:

 

For  18,981,284   

Against  94,032

  

Abstained  7,108

  

Broker Non-Vote  0


Proposal 5: Compensation of the Named Executive Officers

The advisory vote to approve the Company’s named executive officer compensation was approved as follows:

 

          For  15,481,502   

Against  1,160,249

  

Abstained  6,782

  

Broker Non-Vote  2,433,891

 

Proposal 6: A non-binding vote, whether a non-binding stockholder vote to approve the compensation of the Company’s Named Executive Officers should occur every one, two or three years:

 

          One Year  13,627,495

  

Two Year  24,434

  

Three Year  2,988,858

  

Broker Non-Vote  2,441,637


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.

 

    CEVA, INC.
Date: May 19, 2017    

By:  

 

/s/ Yaniv Arieli

      Yaniv Arieli
      Chief Financial Officer