Fortinet, Inc 8-K, filed Jun 24, 2020
Fortinet, Inc. (FTNT)
8-K
2020-06-24
For: 2020-06-19
View Original
Added on
April 08, 2026
About this 8-K
Fortinet, Inc filed this 8-K on June 24, 2020, reporting on events of June 19, 2020.
Items reported
- Item 5.07: Shareholder vote results
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
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Item 5.07 Submission of Matters to a Vote of Security Holders.
At the Annual Meeting of Stockholders of Fortinet, Inc. (“Fortinet”) held on June 19, 2020 (the “Annual Meeting”), there were present, in person or by proxy, holders of 135,857,064 shares of common stock, or approximately 84.3% of the total outstanding shares eligible to be voted. The holders present voted on the five proposals presented at the Annual Meeting as follows:
Proposal One - Election of Directors
Fortinet’s stockholders approved the election of eight directors to Fortinet’s Board of Directors, each to serve for a one-year term expiring at the 2021 Annual Meeting of Stockholders and until such director’s successor is elected and qualified, by the following votes:
| Nominee | Votes For | Votes Against | Abstentions | Broker Non-Votes | ||||||||||||||||||||||
| Ken Xie | 122,579,080 | 3,889,112 | 0 | 9,388,872 | ||||||||||||||||||||||
| Michael Xie | 125,966,363 | 501,829 | 0 | 9,388,872 | ||||||||||||||||||||||
| Kelly Ducourty | 126,358,529 | 109,663 | 0 | 9,388,872 | ||||||||||||||||||||||
| Ming Hsieh | 120,493,467 | 5,974,725 | 0 | 9,388,872 | ||||||||||||||||||||||
| Jean Hu | 126,364,298 | 103,894 | 0 | 9,388,872 | ||||||||||||||||||||||
| William Neukom | 119,950,364 | 6,517,828 | 0 | 9,388,872 | ||||||||||||||||||||||
| Christopher B. Paisley | 84,330,417 | 42,137,775 | 0 | 9,388,872 | ||||||||||||||||||||||
| Judith Sim | 122,103,664 | 4,364,528 | 0 | 9,388,872 | ||||||||||||||||||||||
Proposal Two - Ratification of Appointment of Independent Registered Accounting Firm
Fortinet’s stockholders ratified the appointment of Deloitte & Touche LLP as Fortinet’s independent registered accounting firm for the fiscal year ending December 31, 2020 by the following votes:
| Votes For | Votes Against | Abstentions | ||||||||||||
| 133,567,168 | 2,233,166 | 56,730 | ||||||||||||
Proposal Three - Advisory Vote on Named Executive Officer Compensation
Fortinet’s stockholders cast their votes with respect to the advisory vote on Fortinet’s named executive officer compensation as follows:
| Votes For | Votes Against | Abstentions | Broker Non-Votes | |||||||||||||||||
| 118,990,719 | 7,354,807 | 122,666 | 9,388,872 | |||||||||||||||||
Proposal Four - Stockholder Proposal Requesting to Allow Stockholders to Act by Written Consent
Fortinet’s stockholders did not approve the stockholder proposal requesting to allow stockholders to act by written consent by the following votes:
| Votes For | Votes Against | Abstentions | Broker Non-Votes | |||||||||||||||||
| 52,160,047 | 74,148,873 | 159,272 | 9,388,872 | |||||||||||||||||
Proposal Five - Stockholder Proposal Requesting for Annual Report Assessing Fortinet’s Diversity and Inclusion Efforts
Fortinet’s stockholders approved the stockholder proposal requesting for Fortinet to publish an annual report assessing Fortinet’s diversity and inclusion efforts by the following votes:
| Votes For | Votes Against | Abstentions | Broker Non-Votes | |||||||||||||||||
| 87,273,133 | 37,432,408 | 1,762,651 | 9,388,872 | |||||||||||||||||
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 hereunto duly authorized.
| FORTINET, INC. | ||||||||
| Date: June 24, 2020 | By: | /s/ JOHN WHITTLE | ||||||
| John Whittle | ||||||||
| Executive Vice President and General Counsel | ||||||||