ChargePoint Holdings Reports Director Changes and Officer Compensation Adjustments
Ticker: CHPT · Form: 8-K · Filed: Jul 11, 2024 · CIK: 1777393
Sentiment: neutral
Topics: corporate-governance, director-change, officer-compensation
Related Tickers: CHPT
TL;DR
Board shakeup and pay changes at ChargePoint - watch for strategic shifts.
AI Summary
ChargePoint Holdings, Inc. filed an 8-K on July 9, 2024, reporting on the departure of a director, election of new directors, and changes in officer compensation. The filing also covers the submission of matters to a vote of security holders and includes financial statements and exhibits. This indicates significant corporate governance and potential strategic shifts within the company.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future performance, impacting investor confidence and stock valuation.
Risk Assessment
Risk Level: medium — Changes in board composition and officer roles can introduce uncertainty regarding future strategy and execution.
Key Players & Entities
- ChargePoint Holdings, Inc. (company) — Registrant
- July 9, 2024 (date) — Date of Report
- 240 East Hacienda Avenue, Campbell, CA 95008 (location) — Principal Executive Offices
FAQ
Who has departed from the board of directors at ChargePoint Holdings, Inc.?
The filing indicates the departure of a director, but the specific name is not provided in the provided text snippet.
What are the key items reported in this 8-K filing?
The filing reports on the departure of directors, election of directors, appointment of officers, changes in officer compensation, submission of matters to a vote of security holders, and includes financial statements and exhibits.
When was the earliest event reported in this filing?
The earliest event reported was on July 9, 2024.
What is the principal executive office address for ChargePoint Holdings, Inc.?
The principal executive office is located at 240 East Hacienda Avenue, Campbell, CA 95008.
Under which section of the Securities Exchange Act is this report filed?
This report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 1,594 words · 6 min read · ~5 pages · Grade level 11.5 · Accepted 2024-07-11 16:29:22
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 CHPT New York Stock Exchange Indicate
- $3.00 — of stock price appreciation targets at $3.00 per share, $5.00 per share, $7.50 per s
- $5.00 — ppreciation targets at $3.00 per share, $5.00 per share, $7.50 per share and $10.00 p
- $7.50 — ts at $3.00 per share, $5.00 per share, $7.50 per share and $10.00 per share. Each of
- $10.00 — e, $5.00 per share, $7.50 per share and $10.00 per share. Each of the time-based and p
Filing Documents
- chpt-20240709.htm (8-K) — 52KB
- chpt8-kfy24shvoteexx991.htm (EX-99.1) — 13KB
- image_0a.jpg (GRAPHIC) — 14KB
- 0001777393-24-000107.txt ( ) — 211KB
- chpt-20240709.xsd (EX-101.SCH) — 2KB
- chpt-20240709_lab.xml (EX-101.LAB) — 21KB
- chpt-20240709_pre.xml (EX-101.PRE) — 12KB
- chpt-20240709_htm.xml (XML) — 3KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. On July 9, 2024, the Company held its 2024 Annual Meeting of Stockholders (the "Annual Meeting"). At the Annual Meeting, 251,189,502 shares of the Company's common stock, or approximately 59.1% of the total shares entitled to vote, were represented in person or by proxy. The matters before the Annual Meeting were described in more detail in the Company's definitive 2024 Proxy Statement filed with the United States Securities and Exchange Commission on May 24, 2024. The vote results detailed below represent final results as certified by the Inspector of Election. Proposal One--Election of Directors . The stockholders elected the following nominees as Class I directors to serve until the 2027 Annual Meeting of Stockholders and until the election and qualification of their respective successors or their earlier death, disqualification, resignation or removal. Nominee Votes For Votes Withheld Broker Non-Votes Roxanne Bowman 73,652,261 23,273,431 154,263,810 Axel Harries 91,304,139 5,621,553 154,263,810 Mark Leschly 68,236,117 28,689,575 154,263,810 Ekta Singh-Bushell 90,998,068 5,927,624 154,263,810 Proposal Two--Ratification of Selection of Independent Registered Public Accounting Firm . The stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the Company's fiscal year ending January 31, 2025. Votes For Votes Against Abstentions 246,468,857 3,465,001 1,255,644 Proposal Three--Advisory Vote to Approve the Compensation of the Company's Named Executive Officers . The stockholders approved, on an advisory basis, the compensation of the Company's named executive officers as disclosed in the 2024 Proxy Statement. Votes For Votes Against Abstentions Broker Non-Votes 84,720,232 9,440,339 2,765,121 154,263,810
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description of Exhibit 99.1 P ress Release dated July 1 1 , 2024
SIGNATURES
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. CHARGEPOINT HOLDINGS, INC. By: /s/ Rebecca Chavez Name: Rebecca Chavez Title: Chief Legal Officer & Corporate Secretary Date: July 11, 2024