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 23, 2011
NOVATEL WIRELESS, INC.
(Exact name of Registrant as specified in its charter)
COMMISSION FILE: 000-31659
| DELAWARE | 86-0824673 | |
| (State or other jurisdiction of incorporation or organization) |
(I.R.S. Employer Identification No.) |
9645 Scranton Road
San Diego, CA 92121
(Address of principal executive offices)
Registrant’s telephone number, including area code: (858) 812-3400
N/A
(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:
| ¨ | 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 5.07 Submission of Matters to a Vote of Security Holders.
(a) On June 23, 2011, Novatel Wireless, Inc. (the “Company”) held its Annual Stockholders Meeting.
(b) Russell Gerns and David A Werner were each re-elected to the Board of Directors for a three (3) year term expiring at the 2014 Annual Meeting of Stockholders. In addition, the Company’s stockholders were asked:
| • | To amend the Company’s 2000 Employee Stock Purchase Plan (the “2000 Employee Stock Plan”) to increase the number of shares issuable under the plan; |
| • | To amend the Company’s 2009 Omnibus Incentive Compensation Plan (the “2009 Incentive Plan”) to increase the number of shares issuable under the plan; |
| • | To hold an advisory vote on the compensation of the Company’s named executive officers; |
| • | To hold an advisory vote on the frequency of the advisory vote on compensation of the Company’s named executive officers; and |
| • | To ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for 2011. |
| Eligible Votes : |
32,049,484 | |||
| Voted Total : |
28,741,309 | |||
| Voted Total (%) : |
89.68 | |||
| Proxies Cast Total : |
99 |
Vote Details
| Proposal |
Vote type | Voted | Voted (0/0) |
0/S (0/0) |
||||||||||||
| RUSSELL GERNS |
For | 20,611,668 | 97.65 | 64.31 | ||||||||||||
| Withheld | 495,202 | 2.35 | 1.55 | |||||||||||||
| Non Votes | 7,634,439 | 23.82 | ||||||||||||||
| Uncast | 0 | 0.00 | 0.00 | |||||||||||||
| DAVID A WERNER |
For | 20,489,114 | 97.07 | 63.93 | ||||||||||||
| Withheld | 617,756 | 2.93 | 1.93 | |||||||||||||
| Non Votes | 7,634,439 | 23.82 | ||||||||||||||
| Uncast | 0 | 0.00 | 0.00 | |||||||||||||
| 2000 EMPLOYEE STOCK PLAN |
For | 20,032,916 | 94.91 | 62.51 | ||||||||||||
| Against | 1,070,346 | 5.07 | 3.34 | |||||||||||||
| Abstain | 3,608 | 0.02 | 0.01 | |||||||||||||
| Non Votes | 7,634,439 | 23.82 | ||||||||||||||
| Uncast | 0 | 0.00 | 0.00 | |||||||||||||
| 2009 INCENTIVE PLAN |
For | 16,214,744 | 76.82 | 50.60 | ||||||||||||
| Against | 4,885,679 | 23.15 | 15.24 | |||||||||||||
| Abstain | 6,447 | 0.03 | 0.02 | |||||||||||||
| Non Votes | 7,634,439 | 23.82 | ||||||||||||||
| Uncast | 0 | 0.00 | 0.00 | |||||||||||||
| EXECUTIVE COMPENSATION |
For | 16,144,429 | 76.49 | 50.38 | ||||||||||||
| Against | 4,954,626 | 23.47 | 15.46 | |||||||||||||
| Abstain | 7,815 | 0.04 | 0.02 | |||||||||||||
| Non Votes | 7,634,439 | 23.82 | ||||||||||||||
| Uncast | 0 | 0.00 | 0.00 | |||||||||||||
| FREQUENCY OF COMPENSATION |
1 Year | 18,251,059 | 86.47 | 56.95 | ||||||||||||
| 2 Years | 82,003 | 0.39 | 0.26 | |||||||||||||
| 3 Years | 2,763,186 | 13.09 | 8.62 | |||||||||||||
| Abstain | 10,622 | 0.05 | 0.03 | |||||||||||||
| Non Votes | 7,634,439 | 23.82 | ||||||||||||||
| Uncast | 0 | 0.00 | 0.00 | |||||||||||||
| AUDITORS |
For | 27,983,678 | 97.36 | 87.32 | ||||||||||||
| Against | 743,289 | 2.59 | 2.32 | |||||||||||||
| Abstain | 14,342 | 0.05 | 0.04 | |||||||||||||
| Non Votes | 0 | 0.00 | ||||||||||||||
| Uncast | 0 | 0.00 | 0.00 | |||||||||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
| Novatel Wireless, Inc. | ||||||
| Date: June 29, 2011 | By: | /s/ Catherine F. Ratcliffe | ||||
| Catherine F. Ratcliffe | ||||||
| Senior Vice President of Business Affairs & General Counsel and Corporate Secretary | ||||||