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): May 14, 2018

 

DSP GROUP, INC.
(Exact Name of Registrant as Specified in Its Charter)

 

 

Delaware
(State or Other Jurisdiction of Incorporation)

 

 

001-35256
(Commission File Number)

94-2683643
(I.R.S. Employer Identification No.)

   
   

5 Shenkar Street, Herzelia
(Address of Principal Executive Offices)

4672505 Israel
(Zip Code)

 

 

972-9-952-9696
(Registrant’s Telephone Number, Including Area Code)

 

With a copy to:
Jaclyn Liu, Esq.
Morrison & Foerster llp
425 Market Street
San Francisco, CA 94105

 


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 (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))

 

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

 

Emerging growth company  ☐

 

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.  ☐

 

 

 

 

ITEM 5.07. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

 

At the 2018 Annual Meeting, the following proposals were submitted to a vote of stockholders and the voting results are set forth below. The proposals are described in detail in the proxy statement for the 2018 Annual Meeting that the Company filed with the Securities and Exchange Commission on April 12, 2018.

 

1.     Election of eight directors as specifically set forth below, each to serve until the 2019 annual meeting of stockholders:

 

Ofer Elyakim

For: 18,615,704

Against: 11,974

Abstain: 156,165

Broker Non-Vote:1,935,299

         

Thomas A. Lacey

For: 18,544,306

Against: 56,807

Abstain: 182,398

Broker Non-Vote: 1,935,581

         

Cynthia Paul

For: 18,601,029

Against: 27,296

Abstain: 155,236

Broker Non-Vote: 1,935,581

         

Gabi Seligsohn

For: 18,607,578

Against: 19,835

Abstain: 156,148

Broker Non-Vote: 1,935,581

         

Yair Seroussi

For: 18,311,112

Against: 288,635

Abstain: 184,096

Broker Non-Vote: 1,935,299

         

Norman P. Taffe

For: 18,354,757

Against: 246,688

Abstain: 182,398

Broker Non-Vote: 1,935,299

         

Patrick Tanguy

For: 18,244,162

Against: 355,585

Abstain: 184,096

Broker Non-Vote: 1,935,299

         

Kenneth H. Traub

For: 18,589,486

Against: 38,209

Abstain: 156,148

Broker Non-Vote: 1,935,299

 

 

2.     Proposal to increase the number of shares authorized under the Amended and Restated 2012 Equity Incentive Plan by 650,000 shares:

 

For: 18,382,915

Against:  395,870

Abstain: 5,058

Broker Non-Vote: 1,935,249

 

 

3.     Proposal to ratify the appointment of Kost Forer Gabbay & Kasierer, a member of Ernst & Young Global, as the Company’s independent auditors for the year ending December 31, 2018:

 

For: 20,124,545

Against:  538,329

Abstain: 56,218

Broker Non-Vote: 0

 

 

4.     Advisory vote to approve the Company’s named executive officers compensation:

 

For: 12,598,902

Against: 5,668,059

Abstain: 516,882

Broker Non-Vote: 1,935,249

 

2

 

 

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.

 

 

 

 

DSP GROUP, INC.

 

 

 

 

 

       

 

 

 

 

Date:     May 18, 2018

By:

/s/ Dror Levy

 

 

 

Dror Levy

 

 

 

Chief Financial Officer
and Secretary

 

 

 

3