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    SPLK   US8486371045

SPLUNK INC.

(SPLK)
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Delayed Nasdaq  -  04:00 2022-08-12 pm EDT
114.81 USD   +3.08%
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SPLUNK INC : Change in Directors or Principal Officers, Submission of Matters to a Vote of Security Holders (form 8-K)

06/17/2022 | 05:12pm EDT

ITEM 5.02. Departure of Directors or Certain Officers; Election of Directors;

           Appointment of Certain Officers; Compensatory Arrangements of Certain
           Officers.



As indicated below, on June 16, 2022, the stockholders of Splunk Inc. (the "Company") approved the Splunk Inc. 2022 Equity Incentive Plan (the "2022 Plan"), including the reservation of shares of the Company's common stock for issuance thereunder. The Company's board of directors previously approved the 2022 Plan subject to stockholder approval.

A summary of the 2022 Plan is set forth in the Company's proxy statement for its 2022 Annual Meeting of Stockholders filed with the Securities and Exchange Commission on May 2, 2022.

In connection with the resignation of Shawn Bice as President, Products and Technology of the Company, effective June 16, 2022, Mr. Bice and the Company entered into a separation agreement ("Separation Agreement"). Pursuant to the Separation Agreement, in exchange for a release of claims in favor of the Company by Mr. Bice, the Company agreed to forgive Mr. Bice's obligation under his offer letter with the Company dated April 29, 2021 to repay a pro rata portion of his signing bonus. The foregoing summary of the Separation Agreement is subject to and qualified in its entirety by reference to the text of the Separation Agreement, which will be filed as an exhibit to the Company's next Quarterly Report on Form 10-Q.

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

The Company held its Annual Meeting of Stockholders ("Annual Meeting") on June 16, 2022. The matters voted upon at the Annual Meeting and the results of such voting are set forth below.

Proposal 1: Election of Class I Directors



Name of Director        For            Against        Abstain       Broker Non-Votes
Mark Carges          118,613,562       1,535,674        80,676          17,140,137
Kenneth Hao          119,521,070        623,428         85,414          17,140,137
Elisa Steele         83,680,481        36,472,891       76,540          17,140,137



Mark Carges, Kenneth Hao, and Elisa Steele were duly elected as Class I directors.

Proposal 2: Ratification of Appointment of Independent Registered Public Accounting Firm for the Fiscal Year Ending January 31, 2023



     For           Against      Abstain
  136,590,122       712,561       67,366



The Company's stockholders approved PricewaterhouseCoopers LLP, independent registered public accountants, to audit the Company's financial statements for the fiscal year ending January 31, 2023, as disclosed in the proxy statement relating to the Annual Meeting.

Proposal 3: Advisory Vote to Approve Named Executive Officer Compensation



    For            Against         Abstain       Broker Non-Votes
  61,978,838       58,106,231       144,843          17,140,137



The Company's stockholders approved Proposal 3, a non-binding advisory vote concerning the compensation of the named executive officers as disclosed in the proxy statement relating to the Annual Meeting.

Proposal 4: Approval of the Splunk Inc. 2022 Equity Incentive Plan and reservation of shares thereunder



    For            Against        Abstain       Broker Non-Votes
  81,247,704       38,914,420       67,788          17,140,137



The Company's stockholders approved the Splunk Inc. 2022 Equity Incentive Plan and the reservation of shares thereunder.









Item 9.01.  Exhibits




Exhibit      Exhibit Title
 Number
  10.1         Splunk Inc. 2022 Equity Incentive Plan, as amended (incorporated by
             reference to the Company's Registration Statement on Form S-8 filed
             with the Securities and Exchange Commission on June 17, 2022)
  104        Cover Page Interactive Data File (formatted as Inline XBRL)

© Edgar Online, source Glimpses

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Financials (USD)
Sales 2023 3 329 M - -
Net income 2023 -992 M - -
Net Debt 2023 2 295 M - -
P/E ratio 2023 -20,1x
Yield 2023 -
Capitalization 18 477 M 18 477 M -
EV / Sales 2023 6,24x
EV / Sales 2024 4,95x
Nbr of Employees 7 000
Free-Float 95,2%
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Number of Analysts 38
Last Close Price 114,81 $
Average target price 134,50 $
Spread / Average Target 17,2%
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Managers and Directors
Gary Leigh Steele President, Chief Executive Officer & Director
Jason E. Child Chief Financial Officer & Senior Vice President
Graham Vivian Smith Independent Chairman
Jeremy D. Rishel Senior Vice President-Engineering
Stephen G. Newberry Lead Independent Director
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