Item 5.07. Submission of Matters to a Vote of Security Holders.
At a special meeting of the stockholders of
Proposal 1. To adopt the Merger Agreement (the "Merger Proposal");
Proposal 2. To approve, on a non-binding advisory basis, the compensation that
will or may become payable by Company to its named executive officers in connection with the Merger (the "Non-Binding Compensation Proposal"); and
Proposal 3. To approve the adjournment of the Special Meeting, from time to time,
to a later date or dates, if necessary or appropriate, to solicit additional proxies if there are insufficient votes to approve the Merger Agreement at the time of the Special Meeting (the "Adjournment Proposal").
Each of Proposal 1 and Proposal 3 was approved by the requisite vote of stockholders of the Company. Although Proposal 3 was approved, the adjournment of the Special Meeting was not necessary because stockholders of the Company approved Proposal 1. Stockholders of the Company approved, on a non-binding, advisory basis, Proposal 2. The voting results for each of these proposals are detailed below (rounded down to the nearest whole share).
1. Vote to approve the Merger Proposal.
For Against Abstained Broker Non-votes 78,267,989 31,988 416,407 0
The stockholders voted to approve the Merger Agreement.
2. Vote to approve the Non-Binding Compensation Proposal.
For Against Abstained Broker Non-votes 76,951,079 754,670 1,010,635 0
The stockholders voted to approve the non-binding advisory proposal to approve compensation that will or may become payable by the Company to its named executive officers in connection with the Merger.
3. Vote to approve the Adjournment Proposal.
For Against Abstained Broker Non-votes 76,923,351 1,220,266 572,767 0
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:July 20, 2022 SERVICESOURCE INTERNATIONAL, INC. By: /s/Megan Fine Name :Megan Fine Title: General Counsel
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