UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM 8-K

 


 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): June 21, 2016

 


 

NetSuite Inc.

(Exact name of registrant as specified in its charter)

 


 

Delaware

 

001-33870

 

94-3310471

(State or other jurisdiction of
incorporation or organization)

 

(Commission
file number)

 

(I.R.S. Employer
Identification No.)

 

2955 Campus Drive, Suite 100
San Mateo, California

 

94403-2511

(Address of principal executive offices)

 

(Zip Code)

 

(650) 627-1000

(Registrant’s telephone number, including area code)

 

Not applicable

(Former name or former address, if changed since last report)

 


 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

ITEM 5.07 Submission of Matters to a Vote of Security Holders.

 

On June 21, 2016, NetSuite Inc. (the “Company”) held its 2016 Annual Meeting of Stockholders. All matters submitted to a vote of the Company’s stockholders were approved as recommended by the Company’s Board of Directors. Those matters were as follows:

 

1. The four persons named below were elected to serve as directors for three years and until their successors are duly elected and qualified, subject to their earlier death, resignation or removal. The results of such vote were:

 

Name

 

For

 

Against

 

Abstain

 

Broker non-votes

 

William Beane III

 

72,549,341

 

1,636,630

 

12,254

 

2,457,699

 

Deborah Farrington

 

65,978,642

 

8,209,806

 

9,777

 

2,457,699

 

James McGeever

 

73,196,635

 

992,203

 

9,387

 

2,457,699

 

Edward Zander

 

67,633,252

 

6,552,738

 

12,235

 

2,457,699

 

 

2. The Company’s 2016 Equity Incentive Plan was approved. The results of the vote were:

 

 

 

For

 

Against

 

Abstain

 

Broker non-votes

 

Approval of 2016 Equity Plan

 

53,273,703

 

20,906,112

 

18,410

 

2,457,699

 

 

3. The compensation of the Company’s named executive officers was approved by non-binding, advisory vote. The results of the vote were:

 

 

 

For

 

Against

 

Abstain

 

Broker non-votes

 

Approval, by non-binding, advisory vote, of the compensation of the named executive officers

 

47,204,641

 

26,934,575

 

59,009

 

2,457,699

 

 

4. The frequency of an advisory vote on executive compensation was recommended, by non-binding, advisory vote, to be on an annual basis. The results of such vote were:

 

 

 

1 year

 

2 years

 

3 years

 

Abstain

 

Broker non-votes

 

Recommendation, by non-binding, advisory vote, of the frequency of an advisory vote on executive compensation

 

70,557,719

 

652,185

 

2,970,847

 

17,474

 

2,457,699

 

 

5. KPMG LLP was ratified as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2016. The results of such vote were:

 

 

 

For

 

Against

 

Abstain

 

Broker non-votes

 

Ratification of the appointment of KPMG LLP

 

76,469,259

 

172,963

 

13,702

 

0

 

 

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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.

 

Date: June 27, 2016

 

NETSUITE INC.

 

 

 

 

By:

/s/ Douglas P. Solomon

 

 

Douglas P. Solomon

 

 

SVP, General Counsel & Secretary

 

 

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