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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Lam Research Corporation    LRCX

LAM RESEARCH CORPORATION

(LRCX)
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LAM RESEARCH CORP : Submission of Matters to a Vote of Security Holders, Other Events (form 8-K)

11/05/2020 | 04:44pm EST
Item 5.07.   Submission of Matters to a Vote of Security Holders
The Annual Meeting of Stockholders was held by webcast on November 3, 2020.
The results of voting on the following items were as set forth below:
(a)The votes for nominated directors, to serve until the next annual meeting of
stockholders, and until their successors are elected and qualified, were as
follows:

                                  % OF
                                  VOTES                                            BROKER
NOMINEE                         CAST FOR           FOR            WITHHELD       NON-VOTES
Sohail U. Ahmed                  99.83%          113,842,978         190,191      14,193,097
Timothy M. Archer                99.84%          113,848,789         184,380      14,193,097
Eric K. Brandt                   93.23%          106,316,172       7,716,997      14,193,097
Michael R. Cannon                99.61%          113,586,882         446,287      14,193,097
Catherine P. Lego                96.05%          109,532,340       4,500,829      14,193,097
Bethany J. Mayer                 99.28%          113,214,987         818,182      14,193,097
Abhijit Y. Talwalkar             90.38%          103,065,878      10,967,291      14,193,097
Lih Shyng (Rick L.) Tsai         99.71%          113,700,453         332,716      14,193,097
Leslie F. Varon                  98.14%          111,909,639       2,123,530      14,193,097



All director nominees were duly elected.
(b) The vote on a proposal to approve on an advisory basis the compensation of
the named executive officers of the Company ("Say on Pay") was as follows:
                           % OF
                           VOTES                                                                     BROKER
                         CAST FOR           FOR              AGAINST            ABSTAIN             NON-VOTES
Total Shares Voted        94.22%          107,451,178      6,407,598           174,393           14,193,097


The proposal was approved.
(c) 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 2021 was
as follows:

                           % OF
                           VOTES                                                                      BROKER
                         CAST FOR             FOR               AGAINST            ABSTAIN           NON-VOTES
Total Shares Voted        95.54%          122,510,955         5,505,387           209,924                -

The appointment was ratified.

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Table of Contents



Item 8.01.   Other Events
On November 5, 2020 the Company issued a press release announcing a $5 billion
share repurchase authorization. A copy of the press release is attached as
Exhibit 99.1 to this Form 8-K. The foregoing description of the share repurchase
authorization is qualified in its entirety by reference to the full text of
Exhibit 99.1 incorporated by reference in this Item 8.01.
Item 9.01.   Financial Statements and Exhibits
(d)  Exhibits

99.1 Press Release dated November 5, 2020 announcing a $5 billion share repurchase authorization

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Table of Contents

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