Sanmina Corp 8-K, filed Mar 16, 2023
Sanmina Corp (SANM)
About this 8-K
Sanmina Corp filed this 8-K on March 16, 2023, reporting on events of March 13, 2023.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 5.07: Shareholder vote results
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
On March 13, 2023, the stockholders of Sanmina Corporation (the “Company”) approved an amendment of the Company’s 2019 Equity Incentive Plan (the “2019 Plan”) to reserve an additional 1,200,000 shares of Common Stock for issuance thereunder.
The 2019 Plan provides for the grant to eligible individuals of stock options, both incentive stock options and nonqualified stock options, stock appreciation rights, restricted stock, restricted stock units, performance units, performance shares and such other cash and stock awards as the administrator of the 2019 Plan shall determine. The terms and conditions of each type of award are set forth in the 2019 Plan. Individuals eligible to receive awards under the 2019 Plan include executive officers, employees, consultants and non-employee members of the Company’s Board of Directors. The 2019 Plan expires on December 3, 2028.
| ITEM 5.07 | SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS |
On March 13, 2023, the Company held its 2023 Annual Meeting of Stockholders. The matters voted upon at the meeting by stockholders of record as of January 20, 2023 and the vote with respect to each such matter is set forth below:
| 1. | To elect eight directors to serve for the ensuing year and until their successors are appointed or elected. |
| Nominee | For | Against | Abstain | Broker Non-Votes | ||||||||||||
| Eugene A. Delaney | 45,074,716 | 2,839,578 | 22,786 | 5,023,149 | ||||||||||||
| John P. Goldsberry | 44,753,145 | 3,160,426 | 23,509 | 5,023,149 | ||||||||||||
| David V. Hedley III | 47,779,065 | 135,581 | 22,434 | 5,023,149 | ||||||||||||
| Susan A. Johnson | 47,654,164 | 260,255 | 22,661 | 5,023,149 | ||||||||||||
| Joseph G. Licata | 45,371,999 | 2,490,093 | 74,988 | 5,023,149 | ||||||||||||
| Krish Prabhu | 42,799,459 | 5,113,214 | 24,407 | 5,023,149 | ||||||||||||
| Mario M. Rosati | 44,292,498 | 3,622,134 | 22,448 | 5,023,149 | ||||||||||||
| Jure Sola | 45,556,261 | 2,286,127 | 94,692 | 5,023,149 | ||||||||||||
| 2. | To approve the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accountants for the fiscal year ending September 30, 2023. |
| For | Against | Abstain | Broker Non- Votes | ||||||||||
| 52,700,449 | 237,483 | 22,297 | 0 | ||||||||||
| 3. | To approve, on an advisory (non-binding) basis, the compensation of the Company’s named executive officers, as disclosed in the Proxy Statement for the 2023 Annual Meeting of Stockholders pursuant to the compensation disclosure rules of the Securities and Exchange Commission, including the Compensation Discussion and Analysis, the compensation tables and the other related disclosure. |
| For | Against | Abstain | Broker Non- Votes | ||||||||||
| 38,400,929 | 9,466,910 | 69,241 | 5,023,149 | ||||||||||
| 4. | To approve the reservation of an additional 1,200,000 shares of Common Stock for issuance under the 2019 Plan. |
| For | Against | Abstain | Broker Non- Votes | ||||||||||
| 43,988,624 | 3,892,869 | 55,587 | 5,023,149 | ||||||||||
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.
| SANMINA CORPORATION | ||
| By: | /s/ Kurt Adzema | |
| Kurt Adzema | ||
| Executive Vice President and Chief Financial Officer | ||
| Date: March 16, 2023 | ||
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