8-KThe WireRoutine
Bylaw Amendment · Shareholder Vote
Filed May 10, 2024 · 2y ago · Accession 0001193125-24-136164
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗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): May 9, 2024
TERADYNE, INC.
(Exact Name of Registrant as Specified in Charter)
Massachusetts
001-06462
04-2272148
(State or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
600 Riverpark Drive , North Reading , MA
01864
(Address of Principal Executive Offices)
(Zip Code)
Registrant’s telephone number, including area code (978) 370-2700
(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))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading
Symbol(s)
Name of each exchange
on which registered
Common Stock, par value $0.125 per share
TER
Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.03.
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
Teradyne, Inc. (the “Company”) held its 2024 Annual Meeting of Stockholders on May 9, 2024 (the “Annual Meeting”). At the Annual Meeting, the Company’s stockholders approved amendments to the Company’s Articles of Organization to lower the voting requirement for shareholder approval of an amendment of the Articles of Organization and for approval of a voluntary dissolution of the Company from a super-majority to a simple-majority. Subsequent to such approval, the Company filed, on May 9, 2024, with the Secretary of the Commonwealth of the Commonwealth of Massachusetts Restated Articles of Organization (the “Restated Articles of Organization”), giving effect to the foregoing amendments to the Articles of Organization.
The foregoing description is qualified in its entirety by reference to the full text of the Restated Articles of Organization, which is attached hereto as Exhibit 3.1 and is incorporated herein by reference.
Item 5.07.
Submission of Matters to a Vote of Security Holders
At the Annual Meeting, the Company’s stockholders voted on the following proposals:
1. To elect the eight nominees named in the Company’s proxy statement filed with the Commission on March 29, 2024, to the Board of Directors to serve as directors for a one-year term. Each nominee for director was elected by a vote of the stockholders as follows:
Nominee
Votes For
Votes Against
Votes Abstained
Broker Non-Votes
Peter Herweck
122,114,472
7,756,799
86,417
9,484,875
Mercedes Johnson
129,073,072
801,525
83,091
9,484,875
Ernest E. Maddock
128,700,931
1,174,123
82,634
9,484,875
Marilyn Matz
127,720,047
2,155,122
82,519
9,484,875
Gregory S. Smith
129,742,993
133,051
81,644
9,484,875
Fouad “Ford” Tamer
129,702,562
168,250
86,876
9,484,875
Paul J. Tufano
124,818,435
5,061,096
78,157
9,484,875
Bridget van Kralingen
129,773,527
81,203
102,958
9,484,875
2. To approve, in a non-binding, advisory vote, the compensation of the Company’s named executive officers. The compensation of the Company’s named executive officers was approved on an non-binding, advisory basis by a vote of stockholders as follows:
Votes For
Votes Against
Votes Abstained
Broker Non-Votes
115,813,097
14,029,998
114,593
9,484,875
3. To approve an amendment to the Company’s Articles of Organization to lower the voting requirement for approval of an amendment of its Articles of Organization and for approval of a voluntary dissolution of the Company from a super-majority to a simple majority. The proposal was approved by a vote of stockholders as follows:
Votes For
Votes Against
Votes Abstained
Broker Non-Votes
129,344,611
509,210
103,867
9,484,875
4. To ratify the selection of the firm of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024. The proposal was approved by a vote of stockholders as follows:
Votes For
Votes Against
Votes Abstained
129,272,197
9,739,988
430,378
Item 9.01.
Financial Statements and Exhibits.
(d) Exhibits
3.1
Restated Articles of Organization of Teradyne, Inc., effective May 9, 2024
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
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 thereunto duly authorized.
TERADYNE, INC.
Dated: May 10, 2024
By:
/s/ Ryan E. Driscoll
Name:
Ryan E. Driscoll
Title:
V.P., General Counsel and Secretary
Filing details
- Company
- TERADYNE, INC
- Ticker
- TER
- CIK
- 97210
- Form type
- 8-K
- Filing date
- May 10, 2024
- Report date
- May 9, 2024
- Document
- d786342d8k.htm
- Size
- 197 KB