N-able, Inc. Files 8-K on Shareholder Vote Matters
Ticker: NABL · Form: 8-K · Filed: May 24, 2024 · CIK: 1834488
Sentiment: neutral
Topics: corporate-governance, shareholder-vote, filing-update
TL;DR
N-able filed an 8-K about a shareholder vote. Nothing major to see here, just corporate housekeeping.
AI Summary
N-able, Inc. filed an 8-K on May 24, 2024, reporting on a submission of matters to a vote of security holders that occurred on May 22, 2024. The filing details the company's corporate structure and historical name changes, including its former names N-able, LLC and SWI Spinco, LLC.
Why It Matters
This filing provides transparency to N-able, Inc.'s shareholders regarding important corporate actions and decisions put to a vote.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of a shareholder vote and does not indicate any immediate financial or operational risks.
Key Numbers
- 001-40297 — SEC File Number (Identifies the company's filing with the SEC.)
- 85-4069861 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- N-able, Inc. (company) — Registrant
- N-able, LLC (company) — Former Company Name
- SWI Spinco, LLC (company) — Former Company Name
- May 22, 2024 (date) — Date of earliest event reported
- May 24, 2024 (date) — Date of Report
FAQ
What specific matters were submitted to a vote of N-able, Inc.'s security holders on May 22, 2024?
The filing states that the 8-K is for the 'Submission of Matters to a Vote of Security Holders' but does not detail the specific proposals voted upon in the provided text.
When was N-able, Inc. incorporated or organized?
The filing indicates N-able, Inc. is incorporated in Delaware.
What is N-able, Inc.'s principal executive office address?
The principal executive offices are located at 30 Corporate Drive Suite 400 Burlington, Massachusetts 01803.
What were the previous names of N-able, Inc.?
The company was formerly known as N-able, LLC (name change effective March 23, 2021) and SWI Spinco, LLC (name change effective December 2, 2020).
What is the SIC code for N-able, Inc.?
The Standard Industrial Classification code for N-able, Inc. is 7372, which corresponds to SERVICES-PREPACKAGED SOFTWARE.
Filing Stats: 686 words · 3 min read · ~2 pages · Grade level 15.8 · Accepted 2024-05-24 16:07:16
Key Financial Figures
- $0.001 — ange on Which Registered Common Stock, $0.001 par value NABL New York Stock Exchange
Filing Documents
- nabl-20240522.htm (8-K) — 42KB
- 0001834488-24-000076.txt ( ) — 172KB
- nabl-20240522.xsd (EX-101.SCH) — 2KB
- nabl-20240522_lab.xml (EX-101.LAB) — 23KB
- nabl-20240522_pre.xml (EX-101.PRE) — 13KB
- nabl-20240522_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. N-able, Inc. (the "Company") held its annual meeting of stockholders on May 22, 2024 (the "Annual Meeting"). As of March 28, 2024, the record date for the Annual Meeting, 184,762,998 shares of the Company's common stock were outstanding and entitled to vote at the Annual Meeting. A summary of the matters voted upon by the stockholders and the final voting results for each such matter are set forth below. Proposal One: Election of Class III Directors Each of the following persons was duly elected by the Company's stockholders as a Class III director to serve for a term of three years expiring at the 2027 annual meeting of stockholders or until a successor has been duly elected and qualified, with votes as follows: Class I Director For Withheld Broker Non-Votes Ann Johnson 148,874,934 20,216,423 10,420,754 Michael Widmann 137,110,681 31,980,676 10,420,754 Proposal Two: Ratification of Appointment of Company's Independent Registered Public Accounting Firm The appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024 was ratified by the stockholders, with votes as follows: For Against Abstain 179,425,927 62,454 23,730 Proposal Three: Advisory Vote on Named Executive Officer Compensation The approval, on a non-binding advisory basis, of the compensation of our named executive officers was approved by the stockholders, with votes as follows: For Against Abstain Broker Non-Votes 167,489,196 1,458,006 144,155 10,420,754 Proposal Four: Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation The approval, on a non-binding advisory basis, of the frequency of future advisory votes on executive compensation of every one year, with votes as follows: One Year Two Years Three Years Abstain 166,386,909 14,607 2,671,186 18,655 In light of the advisory voting results for