09/20/2021 | Press release | Distributed by Public on 09/20/2021 14:40
Submission of Matters to a Vote of Security Holders.
Presented below are the voting results for the proposals, described in detail in the Definitive Proxy Statement of Digital Turbine, Inc. (the "Company") filed with the Securities and Exchange Commission on July 29, 2021, submitted to our stockholders at the Company's fiscal year 2022 annual meeting of stockholders held on September 14, 2021 (the "Annual Meeting").
At of the close of business on July 22, 2021, the record date for the Annual Meeting, a total of 96,093,031 shares of our common stock and 100,000 shares of our Series A preferred stock ("Preferred Stock"), which are convertible into 20,000 shares of common stock, were outstanding and entitled to vote at our Annual Meeting. The Preferred Stock is entitled to vote together with the common stock as a single class (on an as-converted to common stock basis) on any matters submitted to the holders of our common stock.
At the Annual Meeting, the aggregate number of shares present or represented by valid proxy was 70,564,717 shares or 73.42% of shares entitled to vote. Therefore, a quorum was present for purposes of the Annual Meeting.
Election of Directors
The stockholders elected seven directors to serve until the annual meeting of stockholders in fiscal year 2023 with the following vote:
|Nominee||Votes For||Votes Withheld||Broker Non-Vote|
|Roy H. Chestnutt||48,009,924||339,324||22,215,469|
|Holly Hess Groos||48,205,993||143,255||22,215,469|
|Mohan S. Gyani||47,530,544||818,704||22,215,469|
|Michelle M. Sterling||47,921,991||427,257||22,215,469|
|William G. Stone III||48,117,462||231,786||22,215,469|
Advisory Vote on Executive Compensation
The non-binding advisory resolution approving the compensation of the Company's named executive officers, commonly referred to as "say-on-pay", was approved with the following vote:
|Proposal 3||Appointment of Grant Thornton LLP as Independent Registered Public Accounting Firm|
The appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for the fiscal year ending March 31, 2022, was ratified with the following vote: