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 7, 2017

 


 

INOVALON HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

 


 

Delaware
(State or other jurisdiction
of incorporation)

 

001-36841
(Commission
File Number)

 

47-1830316
(IRS Employer
Identification No.)

 

4321 Collington Road
Bowie, Maryland

 

20716

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: (301) 809-4000

 

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))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company o

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

 

 

 



 

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

 

At the annual meeting of stockholders of Inovalon Holdings, Inc. (the “Company”) held on June 7, 2017 (the “Annual Meeting”), the Company’s stockholders voted on the following matters: (1) the election of six directors to hold office until the 2018 annual meeting of stockholders or until their successors are duly elected and qualified, including Keith R. Dunleavy, M.D., Denise K. Fletcher, William D. Green, André S. Hoffmann, Lee D. Roberts and William J. Teuber, Jr.; (2) the ratification of the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2017; (3) a non-binding advisory vote to approve the compensation of the Company’s Named Executive Officers as defined and described in the Company’s definitive proxy statement on Schedule 14A filed with the U.S. Securities and Exchange Commission on April 20, 2017 (“Proxy Statement”); and (4) a non-binding advisory vote on the frequency of future non-binding advisory votes to approve the compensation of the Company’s Named Executive Officers.  The final results for the votes regarding each proposal are set forth below.

 

Proposal 1 - Election of Directors

 

At the Annual Meeting, the following persons comprising the entire previous Board of Directors of the Company (“Board”) were duly elected as directors of the Company to hold office until the 2018 annual meeting of stockholders or until their successors are duly elected and qualified: Keith R. Dunleavy, M.D., Denise K. Fletcher, William D. Green, André S. Hoffmann, Lee D. Roberts and William J. Teuber, Jr.  The table below sets forth the voting results for each director nominee:

 

Nominee

 

For

 

Withheld

 

Broker Non-Votes

 

 

 

 

 

 

 

 

 

Keith R. Dunleavy, M.D.

 

825,332,575

 

1,956,482

 

6,821,446

 

Denise K. Fletcher

 

820,603,506

 

6,685,551

 

6,821,446

 

William D. Green

 

827,090,684

 

198,373

 

6,821,446

 

André S. Hoffmann

 

819,775,454

 

7,513,603

 

6,821,446

 

Lee D. Roberts

 

825,660,398

 

1,628,659

 

6,821,446

 

William J. Teuber, Jr.

 

820,604,148

 

6,684,909

 

6,821,446

 

 

Proposal 2 - Ratification of Selection of Independent Registered Auditor

 

At the Annual Meeting, the Company’s stockholders ratified the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2017.  The table below sets forth the voting results for this proposal:

 

 

 

For

 

Against

 

Abstained

 

Deloitte & Touche LLP

 

833,877,773

 

215,150

 

17,580

 

 

Proposal 3 - Non-binding Advisory Vote to Approve the Compensation of the Company’s Named Executive Officers

 

At the Annual Meeting, the Company’s stockholders approved a non-binding advisory resolution to approve the compensation of the Company’s Named Executive Officers, as described in the Proxy Statement. The table below sets forth the voting results for the non-binding advisory vote to approve the compensation of the Company’s Named Executive Officers:

 

For

 

Against

 

Abstained

 

Broker Non-Votes

 

826,727,385

 

519,217

 

42,455

 

6,821,446

 

 

Proposal 4 - Non-binding Advisory Vote on the Frequency of Future Non-binding Advisory Votes to Approve the Compensation of the Company’s Named Executive Officers

 

At the Annual Meeting, a majority of the Company’s stockholders approved a non-binding advisory resolution on the frequency of future non-binding advisory votes to approve the compensation of the Company’s Named Executive Officers every one year, consistent with the Board’s recommendation.  The table below sets forth the voting results for the non-binding advisory vote on the frequency of future non-binding advisory votes to approve the compensation of the Company’s Named Executive Officers:

 

1 Year

 

2 Years

 

3 Years

 

Abstained

 

Broker Non-Votes

 

826,216,564

 

13,174

 

602,035

 

457,284

 

6,821,446

 

 

Based on these results, the Board has determined to hold a non-binding advisory vote on Named Executive Officer compensation every one year.

 

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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.

 

 

INOVALON HOLDINGS, INC.

 

 

Dated: June 8, 2017

By:

/s/ KEITH R. DUNLEAVY, M.D.

 

 

Keith R. Dunleavy, M.D.

 

 

Chief Executive Officer and Chairman

 

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