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Vonage (VG)

Employees
Data from SEC filings
Employee count
CEO pay ratio
CEO Salary
Median Employee Salary
Shareholder alignment
Proxy contests and exempt solicitations in last 3 years

No recent proxy contest or exempt solicitation filings from shareholders.

Vote support at last AGM
On February 9, 2022, the Company held a virtual special meeting of stockholders (the “Special Meeting”), at which the holders of 185,922,389 shares of Company common stock, par value $0.001 per share (the “Shares” and each, a “Share”) representing 73.18% of the Shares outstanding and entitled to vote as of the Special Meeting record date of January 5, 2022 (the “Record Date”), were present at the Special Meeting via the virtual meeting website or represented by proxy. A summary of the final voting results for the following proposals, each of which is described in detail in the Proxy Statement and first mailed to the Company’s stockholders on or about January 10, 2022, is set forth below:
Proposal 1: Adoption of the Merger Agreement
As previously reported, on November 22, 2021, the Company entered into an Agreement and Plan of Merger with Telefonaktiebolaget LM Ericsson (publ), an entity organized and existing under the laws of Sweden (“Parent”), and Ericsson Muon Holding Inc., a Delaware corporation and an indirect wholly-owned subsidiary of Parent (“Merger Sub”) (the “Merger Agreement”), pursuant to which Merger Sub will merge with and into the Company (the “Merger”), with the Company continuing as the surviving corporation of the Merger and an indirect wholly owned subsidiary of Parent.
At the Special Meeting, the proposal to adopt the Merger Agreement was approved, having received “for” votes from holders of a majority of the outstanding Shares entitled to vote on the proposal. The final votes on Proposal 1 were as follows:

FORAGAINSTABSTENTIONS
185,482,781108,021331,587
Proposal 2: Non-Binding Compensation Advisory Proposal
At the Special Meeting, the Company’s stockholders voted upon and approved the proposal to approve, by a non-binding advisory vote, the compensation that may be paid or become payable to the Company’s named executive officers that is based on or otherwise related to the Merger contemplated by the Merger Agreement. The non-binding Merger-related compensation proposal was approved, having received “for” votes from holders of a majority of Shares present at the Special Meeting, whether via the virtual meeting website or represented by proxy, entitled to vote on such proposal. The final votes on Proposal 2 were as follows:

FORAGAINSTABSTENTIONS
155,078,62021,149,0669,694,703
Proposal 3: Authority to Adjourn the Special Meeting
Because stockholders holding at least a majority of the Shares outstanding and entitled to vote at the close of business on the Record Date approved the proposal to adopt the Merger Agreement, the vote was not called on the proposal to adjourn the Special Meeting to a later date or time if necessary or appropriate, including to solicit additional proxies in favor of Proposal 1 if there had been insufficient votes at the time of the Special Meeting to adopt the Merger Agreement.