Attached files
| file | filename |
|---|---|
| EX-10.66 - APPLIED MICRO CIRCUITS CORPORATION 2011 EQUITY INCENTIVE PLAN - APPLIED MICRO CIRCUITS CORP | dex1066.htm |
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): August 16, 2011
Applied Micro Circuits Corporation
(Exact Name of Registrant as Specified in Charter)
| DELAWARE | 000-23193 | 94-2586591 | ||
| (State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
| 215 Moffett Park Drive, Sunnyvale, California 94089 |
| (Address of Principal Executive Offices) |
| (408) 542-8600 |
| (Registrants telephone number, including area code) |
| N/A |
| (Former name or former address, if changed since last report) |
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 27, 2011, the Board of Directors of Applied Micro Circuits Corporation (the “Company”) approved the Company’s 2011 Equity Incentive Plan (the “2011 Plan”) and directed that the matter be submitted to the Company’s stockholders for their approval and adoption. On August 16, 2011, the Company held its 2011 Annual Meeting of Stockholders (the “Annual Meeting”). At the Annual Meeting, the Company’s stockholders approved the proposal to approve and adopt the 2011 Plan. A copy of the 2011 Plan is filed as Exhibit 10.66 to this Form 8-K and is incorporated herein by reference.
Item 5.07. Submission of Matters to a Vote of Security Holders.
As noted, on August 16, 2011, the Company held its Annual Meeting. Proxies for the Annual Meeting were solicited by the Company’s Board of Directors pursuant to Section 14(a) of the Securities Exchange Act of 1934, as amended, and there was no solicitation in opposition to the Board’s solicitation. Of the 64.3 million outstanding shares of the Company’s common stock that could be voted at the Annual Meeting, 60.5 million shares, or approximately 94%, were represented at the Annual Meeting in person or by proxy, which constituted a quorum. The final votes on the proposals presented at the Annual Meeting were as follows:
| Proposal 1: |
Election of the following persons to the Company’s Board of Directors to hold office until the next annual meeting of stockholders: | |||||||||||
| For |
Against |
Abstain |
Broker Non-Votes | |||||
| Cesar Cesaratto |
51,911,521 | 559,084 | 14,627 | 8,024,685 | ||||
| H.K. Desai |
52,138,817 | 329,830 | 16,585 | 8,024,685 | ||||
| Paramesh Gopi, Ph.D. |
51,994,992 | 475,692 | 14,548 | 8,024,685 | ||||
| Paul R. Gray, Ph.D. |
51,897,632 | 572,024 | 15,576 | 8,024,685 | ||||
| Fred Shlapak |
51,940,474 | 527,994 | 16,764 | 8,024,685 | ||||
| Arthur B. Stabenow |
51,729,862 | 739,495 | 15,875 | 8,024,685 |
| Proposal 2: |
Ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2012: | |||||||||||
| For |
Against |
Abstain |
Broker Non-Votes |
|||||||||
| 60,363,378 | 72,428 | 74,111 | — |
| Proposal 3: |
Adoption and approval of the Applied Micro Circuits Corporation 2011 Equity Incentive Plan:
|
|||||||||||
| For |
Against |
Abstain |
Broker Non-Votes |
|||||||||
| 35,827,326 | 16,643,213 | 14,693 | 8,024,685 | |||||||||
| Proposal 4: |
Advisory vote on executive compensation, as described in the Proxy Statement distributed in connection with the Annual Meeting:
|
|||||||||||
| For |
Against |
Abstain |
Broker Non-Votes |
|||||||||
| 51,383,973 | 1,083,109 | 18,150 | 8,024,685 | |||||||||
| Proposal 5: |
Advisory vote on the frequency of future shareholder advisory votes on executive compensation:
|
|||||||||||
| 1 Year |
2 Year |
3 Year |
Abstain |
|||||||||
| 49,340,627 | 93,818 | 3,029,464 | 21,323 | |||||||||
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits:
| 10.66 | Applied Micro Circuits Corporation 2011 Equity Incentive Plan |
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.
| APPLIED MICRO CIRCUITS CORPORATION | ||||||
| Date: August 22, 2011 | By: | /s/ L. William Caraccio | ||||
| L. William Caraccio | ||||||
| Vice President, General Counsel and Secretary | ||||||
INDEX TO EXHIBITS
| 10.66 | Applied Micro Circuits Corporation 2011 Equity Incentive Plan | |