Samsara Inc. Stockholders Approve Key Proposals at Annual Meeting
Ticker: IOT · Form: 8-K · Filed: Jul 11, 2024 · CIK: 1642896
| Field | Detail |
|---|---|
| Company | Samsara INC. (IOT) |
| Form Type | 8-K |
| Filed Date | Jul 11, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: shareholder-meeting, corporate-governance, annual-meeting
Related Tickers: IOT
TL;DR
Samsara shareholders re-elected the board and approved executive pay; business as usual.
AI Summary
On July 10, 2024, Samsara Inc. filed an 8-K report to announce the results of its annual meeting of stockholders held on July 10, 2024. The company reported that its stockholders voted to elect all nominated directors, ratify the appointment of its independent registered public accounting firm, and approve, on an advisory basis, the compensation of its named executive officers.
Why It Matters
The shareholder votes confirm confidence in the current board and executive compensation, which can impact investor sentiment and the company's strategic direction.
Risk Assessment
Risk Level: low — This filing is a routine procedural update regarding shareholder meeting results and does not introduce new financial or operational risks.
Key Players & Entities
- Samsara Inc. (company) — Registrant
- July 10, 2024 (date) — Date of annual meeting and earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 1 De Haro Street, San Francisco, California 94107 (address) — Principal executive offices
FAQ
What was the primary purpose of this 8-K filing?
The primary purpose was to report the results of Samsara Inc.'s annual meeting of stockholders held on July 10, 2024.
Who were the key participants in the July 10, 2024 meeting?
The key participants were Samsara Inc. and its stockholders.
What specific proposals were voted on by the stockholders?
Stockholders voted on the election of directors, the ratification of the appointment of the independent registered public accounting firm, and an advisory vote on the compensation of named executive officers.
What was the outcome of the vote for the election of directors?
The filing indicates that all nominated directors were elected by the stockholders.
Was the compensation of Samsara's named executive officers approved?
Yes, the compensation of Samsara's named executive officers was approved on an advisory basis by the stockholders.
Filing Stats: 685 words · 3 min read · ~2 pages · Grade level 14.1 · Accepted 2024-07-11 16:10:02
Key Financial Figures
- $0.0001 — which registered Class A Common Stock, $0.0001 par value per share IOT The New York St
Filing Documents
- iot-20240710.htm (8-K) — 45KB
- 0001642896-24-000050.txt ( ) — 166KB
- iot-20240710.xsd (EX-101.SCH) — 2KB
- iot-20240710_lab.xml (EX-101.LAB) — 21KB
- iot-20240710_pre.xml (EX-101.PRE) — 12KB
- iot-20240710_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 10, 2024, Samsara Inc. (the "Company") held its annual meeting of stockholders (the "Annual Meeting"). The Company's stockholders voted on the following three proposals, which are described in more detail in the Company's definitive proxy statement filed with the United States Securities and Exchange Commission on May 29, 2024 (the "Proxy Statement"): (1) to elect eight directors to the Board of Directors of the Company until the next annual meeting of stockholders and until their respective successors are elected and qualified; (2) to ratify the appointment of Deloitte & Touche LLP, an independent registered public accounting firm, as auditors for the fiscal year ending February 1, 2025; and (3) to vote on the compensation of our named executive officers. Proposal 1 – Election of Directors. Each of the following nominees was elected to serve as a director and to hold office until the Company's next annual meeting of stockholders and until his or her respective successor has been duly elected and qualified, or until such director's earlier death, resignation, or removal, based on the following results of voting: For Withhold Broker Non-Votes Sanjit Biswas 3,404,874,831 3,161,858 23,952,982 John Bicket 3,407,222,710 813,979 23,952,982 Marc Andreessen 3,405,225,318 2,811,371 23,952,982 Todd Bluedorn 3,407,564,092 472,597 23,952,982 Sue Bostrom 3,403,656,112 4,380,577 23,952,982 Jonathan Chadwick 3,402,420,566 5,616,123 23,952,982 Ann Livermore 3,406,143,693 1,892,996 23,952,982 Sue Wagner 3,373,564,142 34,472,547 23,952,982 Proposal 2 – Ratification of Appointment of Independent Registered Public Accounting Firm. The appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending February 1, 2025 was ratified based on the following results of voting: For Against Abstain 3,431,126,170 476,128 387,373 Proposal 3 –
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. SAMSARA INC. Date: July 11, 2024 By: /s/ Adam Eltoukhy Adam Eltoukhy Executive Vice President, Chief Legal Officer and Corporate Secretary