Domo, Inc. Files Definitive Proxy Statement (DEF 14A)

TL;DR

<b>Domo, Inc. has filed its Definitive Proxy Statement (DEF 14A) for the fiscal year ending January 31, 2024.</b>

AI Summary

DOMO, INC. (DOMO) filed a Proxy Statement (DEF 14A) with the SEC on April 30, 2024. Domo, Inc. filed a DEF 14A form on April 30, 2024. The filing covers the fiscal year ending January 31, 2024. The company's principal executive offices are located at 802 East 1050 South, American Fork, UT 84003. The filing includes information related to executive compensation for individuals like Joshua G. James and John Mellor. Previous company names include Lightstorm, Inc. and Shacho, Inc.

Why It Matters

For investors and stakeholders tracking DOMO, INC., this filing contains several important signals. This filing is crucial for shareholders as it details executive compensation, director nominations, and other corporate governance matters, enabling informed voting decisions. The DEF 14A provides insights into the company's financial performance and strategic direction through the disclosed executive compensation structures and any proposed resolutions.

Risk Assessment

Risk Level: low — DOMO, INC. shows low risk based on this filing. The filing is a routine DEF 14A, providing standard disclosures on executive compensation and corporate governance, with no immediate red flags or significant new risks indicated.

Analyst Insight

Shareholders should review the executive compensation details and any proposed resolutions to make informed voting decisions at the upcoming shareholder meeting.

Executive Compensation

Key Numbers

• 2024-01-31 — Fiscal Year End (Reporting Period)
• 2024-04-30 — Filing Date (DEF 14A Submission)
• 802 East 1050 South — Business Address (Company Headquarters)
• 84003 — ZIP Code (Company Headquarters)

Key Players & Entities

• DOMO, INC. (company) — Filer
• Joshua G. James (person) — Executive Compensation
• John Mellor (person) — Executive Compensation
• Lightstorm, Inc. (company) — Former Company Name
• Shacho, Inc. (company) — Former Company Name

FAQ

Industry Context

Domo, Inc. operates in the software industry, specifically focusing on cloud-based data integration and business intelligence solutions.

Regulatory Implications

The filing is a standard DEF 14A, subject to SEC regulations governing proxy solicitations and corporate disclosures.

What Investors Should Do

1. Review the detailed executive compensation packages for key personnel.
2. Analyze any proposed shareholder resolutions and management's recommendations.
3. Assess the company's corporate governance practices outlined in the filing.

Key Dates

• 2024-01-31: Fiscal Year End — End of reporting period for the DEF 14A.
• 2024-04-30: Filing Date — Date the DEF 14A was filed with the SEC.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a routine disclosure for annual meetings and does not represent a change in financial reporting compared to previous periods.

Filing Documents

• domo-20240430.htm (DEF 14A) — 805KB
• domo-20240430_g1.jpg (GRAPHIC) — 1892KB
• domo-20240430_g10.jpg (GRAPHIC) — 1402KB
• domo-20240430_g2.jpg (GRAPHIC) — 147KB
• domo-20240430_g3.jpg (GRAPHIC) — 11KB
• domo-20240430_g4.gif (GRAPHIC) — 97KB
• domo-20240430_g5.gif (GRAPHIC) — 80KB
• domo-20240430_g6.gif (GRAPHIC) — 77KB
• domo-20240430_g7.jpg (GRAPHIC) — 233KB
• domo-20240430_g8.jpg (GRAPHIC) — 666KB
• domo-20240430_g9.jpg (GRAPHIC) — 148KB
• 0001505952-24-000021.txt (&nbsp;) — 13451KB
• domo-20240430.xsd (EX-101.SCH) — 2KB
• domo-20240430_def.xml (EX-101.DEF) — 3KB
• domo-20240430_lab.xml (EX-101.LAB) — 3KB
• domo-20240430_pre.xml (EX-101.PRE) — 2KB
• domo-20240430_htm.xml (XML) — 146KB

From the Filing

domo-20240430 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) x Filed by the Registrant Filed by a party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a 6(e)(2)) x Definitive Proxy Statement Definitive Additional Materials Soliciting Material under 240.14a12 DOMO, INC. (Name of Registrant as Specified in its Charter) (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant) Payment of Filing Fee (Check all boxes that apply): x No fee required Fee paid previously with preliminary materials Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 DOMO, INC. 802 East 1050 South American Fork, UT 84003 NOTICE OF ANNUAL MEETING OF STOCKHOLDERS To Be Held at 9:00 a.m. Mountain Time on Tuesday, June 11, 2024 TO THE HOLDERS OF COMMON STOCK OF DOMO, INC.: Domo, Inc., a Delaware corporation, will hold its Annual Meeting of Stockholders on Tuesday, June 11, 2024, at 9:00 a.m. Mountain Time, at 767 Auto Mall Drive, Suite 3, American Fork, UT 84003, for the following purposes which are more fully described in the accompanying Proxy Statement: 1. To elect as directors the nominees named in this proxy statement to serve until the 2025 annual meeting of stockholders or until their successors are duly elected and qualified; 2. To ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm for the fiscal year ending January 31, 2025; 3. To approve, on an advisory basis, the compensation of our named executive officers; and 4. To transact such other business as may properly come before the meeting or any adjournments or postponements thereof. The board of directors of Domo, Inc. has fixed the close of business on April 17, 2024 as the record date for the meeting. Only stockholders of record of our Class A common stock and Class B common stock as of the close of business on April 17, 2024 are entitled to notice of, and to vote at, the meeting. Our proxy statement contains further information regarding voting rights and the matters to be voted upon. On or about April 30, 2024, we expect to mail to our stockholders a Notice of Internet Availability of Proxy Materials (the "Notice") containing instructions on how to access both the proxy statement and our annual report. The Notice will also contain instructions on how to vote online or by telephone and how to receive a paper copy of the proxy materials by mail. This proxy statement and our annual report can be accessed at the following internet address: http://www.proxyvote.com. All you have to do is enter the control number located in the Notice or on your proxy card. YOUR VOTE IS IMPORTANT. Whether or not you plan to attend the Annual Meeting of Stockholders, we urge you to submit your vote via the internet, telephone or mail. We appreciate your continued support of Domo, Inc. and look forward to either greeting you personally at the meeting or receiving your proxy. By order of the board of directors, Joshua G. James Founder and Chief Executive Officer Silicon Slopes, Utah April 30, 2024 DOMO, INC. 802 East 1050 South American Fork, UT 84003 PROXY STATEMENT FOR 2024 ANNUAL MEETING OF STOCKHOLDERS To Be Held at 9:00 a.m. Mountain Time on Tuesday, June 11, 2024 We are furnishing this proxy statement and the enclosed form of proxy in connection with a solicitation of proxies by our board of directors for use at our annual meeting of stockholders (including any postponements, adjournments, or continuations thereof, the "Annual Meeting") to be held on June 11, 2024. We will hold the Annual Meeting at 767 Auto Mall Drive, Suite 3, American Fork, UT 84003, on Tuesday, June 11, 2024 at 9:00 a.m. Mountain Time. We have elected to provide access to our proxy materials on the internet. Accordingly, we are mailing a Notice of Internet Availability of Proxy Materials (the "Notice") to our stockholders of record as of April 17, 2024, containing instructions on how to access both the proxy materials for our Annual Meeting and our annual report. All stockholders will have the ability to access the proxy materials on the website referred to in the Notice, or to request a printed set of the proxy materials. You can find instructions on how to request a printed copy by mail in the below section entitled "The Proxy Process and Stockholder Voting Questions and Answers About This Proxy Material and Voting." This information is largely about voting procedure. You should read this entire proxy statement carefully for additional information about proposals on which we encourage you to vote. On or about April 30, 2024, we will begin mailing the Notice to all stockholders entitled to vote at the Annual Meeting. Stockhol

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View this DEF 14A filing on SEC EDGAR