Form 8-K

 

 

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): September 11, 2015

 

 

NetApp, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   0-27130   77-0307520

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

495 East Java Drive

Sunnyvale, CA 94089

(Address of principal executive offices) (Zip Code)

(408) 822-6000

(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))

 

 

 


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Amendment to 1999 Stock Option Plan

The board of directors (the “Board”) of NetApp, Inc. (the “Company”) previously approved, subject to stockholder approval, an amendment to the Company’s 1999 Stock Option Plan (the “1999 Plan”) to increase the share reserve by an additional 15,500,000 shares of common stock. The Company’s stockholders approved the amendment at the Annual Meeting of Stockholders of the NetApp, Inc. held on September 11, 2015 (the “Annual Meeting”). The foregoing is qualified in its entirety by reference to the full text of the 1999 Plan, a copy of which is attached as Exhibit 10.1 and is incorporated herein by reference.

Amendment to Employee Stock Purchase Plan

The Board previously approved, subject to stockholder approval, an amendment to the Company’s Employee Stock Purchase Plan (the “Purchase Plan”) to increase the share reserve by an additional 5,000,000 shares of common stock. The Company’s stockholders approved the amendment at the Annual Meeting. The foregoing is qualified in its entirety by reference to the full text of the Purchase Plan, a copy of which is attached as Exhibit 10.2 and is incorporated herein by reference.

 

Item 5.07 Submission of Matters to a Vote of Security Holders.

At the Annual Meeting, the stockholders of the Company elected the following individuals to serve as members of the Board for the ensuing year or until their respective successors are duly elected and qualified. No members of the Board had continuing terms without election.

 

Nominee

   Votes For      Votes Against      Abstentions      Broker
Nonvotes*
 

T. Michael Nevens

     236,680,540         1,488,735         320,343         30,845,619   

Jeffry R. Allen

     237,321,033         845,095         323,490         30,845,619   

Tor R. Braham

     237,514,063         647,928         327,627         30,845,619   

Alan L. Earhart

     236,707,109         1,457,287         325,222         30,845,619   

Gerald Held

     237,142,464         1,000,769         346,385         30,845,619   

Kathryn M. Hill

     237,221,742         942,104         325,772         30,845,619   

George Kurian

     237,503,079         656,908         329,631         30,845,619   

George T. Shaheen

     233,535,010         4,630,002         324,606         30,845,619   

Robert T. Wall

     234,729,167         3,395,477         364,974         30,845,619   

Richard P. Wallace

     237,192,138         980,420         317,060         30,845,619   


In addition, the following proposals were voted on at the Annual Meeting:

 

  1. Proposal to approve an amendment to the 1999 Plan to increase the share reserve by an additional 15,500,000 shares of common stock.

 

Votes For

  

Votes Against

  

Abstentions

  

Broker Nonvotes*

186,300,402

   51,019,998    1,169,218    30,845,619

The proposal was approved.

 

  2. Proposal to approve an amendment to the Purchase Plan to increase the share reserve by an additional 5,000,000 shares of common stock.

 

Votes For

  

Votes Against

  

Abstentions

  

Broker Nonvotes*

224,967,235

   12,666,796    855,587    30,845,619

The proposal was approved.

 

  3. Proposal to approve an advisory vote on Named Executive Officer compensation.

 

Votes For

  

Votes Against

  

Abstentions

  

Broker Nonvotes*

227,656,994

  

10,463,833

  

368,791

  

30,845,619

The proposal was approved.

 

  4. Proposal to ratify the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending April 29, 2016.

 

Votes For

  

Votes Against

  

Abstentions

  

Broker Nonvotes*

263,389,294

  

5,520,718

  

425,225

  

0

The proposal was approved.

 

* Broker nonvotes do not affect the outcome of the vote.

 

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

 

Exhibit No.

  

Description

10.1    NetApp, Inc. 1999 Stock Option Plan (incorporated by reference to Appendix A to the Company’s proxy statement, dated July 27, 2015)
10.2    NetApp, Inc. Employee Stock Purchase Plan (incorporated by reference to Appendix B to the Company’s proxy statement, dated July 27, 2015)


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

   

NETAPP, INC.

(Registrant)

Date: September 16, 2015     By:  

/s/ Matthew K. Fawcett

      Matthew K. Fawcett
      Senior Vice President, General Counsel and Secretary


Exhibit Index

 

Exhibit No.

  

Description

10.1    NetApp, Inc. 1999 Stock Option Plan (incorporated by reference to Appendix A to the Company’s proxy statement, dated July 27, 2015)
10.2    NetApp, Inc. Employee Stock Purchase Plan (incorporated by reference to Appendix B to the Company’s proxy statement, dated July 27, 2015)