Item 5.07. Submission of Matters to a Vote of Security Holders.
OnJune 4, 2021 ,RingCentral, Inc. (the "Company") held its Annual Meeting of Stockholders virtually (the "Annual Meeting"). Stockholders of record at the close of business onApril 23, 2021 (the "Record Date") were entitled to vote at the Annual Meeting. Each share of Class A common stock was entitled to one vote on each proposal and each share of Class B common stock was entitled to ten votes on each proposal. The Class A common stock and Class B common stock voted as a single class on all matters. Present at the Annual Meeting in person or by proxy were holders of 73,385,054 shares of Class A common stock, representing 73,385,054 votes of Class A common stock and 9,498,002 shares of Class B common stock, representing 94,980,020 votes of Class B common stock, together representing a total of 168,365,074 votes, or more than 90% of the eligible votes, and constituting a quorum. The stockholders of the Company voted on the following items at the Annual Meeting: To elect eight (8) directors to serve until the 2022 annual meeting of stockholders and until their successors are duly elected and qualified; To ratify the appointment ofKPMG LLP as the Company's independent registered public accounting firm for the Company's fiscal year endingDecember 31, 2021 ; and To approve, on an advisory (non-binding) basis, the named executive officers' compensation as disclosed in the proxy statement. The voting results for each of these proposals are detailed below. Proposal 1: The Company's stockholders elected eight (8) directors to the board of directors (the "Board") to serve for a one year term until the 2022 annual meeting of stockholders. The votes for each director were as follows: Nominee For Withheld Broker Non-votes Vladimir Shmunis 160,971,807 1,603,191 5,790,076 Mignon Clyburn 162,373,887 201,111 5,790,076 Arne Duncan 162,347,668 227,330 5,790,076 Kenneth Goldman 127,718,921 34,856,077 5,790,076 Michelle McKenna 161,562,597 1,012,401 5,790,076 Robert Theis 155,794,618 6,780,380 5,790,076 Allan Thygesen 161,636,414 938,584 5,790,076 Neil Williams 162,353,118 221,880 5,790,076
Proposal 2. The Company's stockholders ratified the appointment of
For Against Abstained Broker Non-votes 167,844,832 366,216 154,026 0
Proposal 3. The Company's stockholders voted in favor of the named executive officers' compensation as disclosed in the proxy statement. The votes regarding the proposal were as follows:
For Against Abstained Broker Non-votes 114,454,857 47,958,665 161,476 5,790,076
In accordance with the stockholders' preference, the Board intends to hold a non-binding advisory vote on named executive officers' compensation every year.
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