06/11/2021 | Press release | Distributed by Public on 06/11/2021 04:04
Submission of Matters to a Vote of Security Holders. |
On June 8, 2021, ContextLogic Inc. (the 'Company') held its 2021 Annual Meeting of Stockholders (the 'Annual Meeting'). At the Annual Meeting, the Company's stockholders voted on four proposals, each of which is described in more detail in the Company's definitive proxy statement on Schedule 14A filed with the U.S. Securities and Exchange Commission on April 28, 2021. The following is a brief description of each matter voted upon and the final voting results for each matter.
Proposal 1.Each of the eight nominees for director proposed by the Company was elected to serve until the Company's 2022 annual meeting of stockholders or until his or her respective successor has been duly elected and qualified. The voting results were as follows:
Director Name | Votes For | Votes Withheld | Broker Non-Votes | |||
Piotr Szulczewski |
2,082,317,995 | 4,984,513 | 23,291,674 | |||
Julie Bradley |
2,081,694,887 | 5,607,621 | 23,291,674 | |||
Ari Emanuel |
2,079,173,122 | 8,129,386 | 23,291,674 | |||
Joe Lonsdale |
2,081,398,291 | 5,904,217 | 23,291,674 | |||
Jacqueline Reses |
2,086,292,776 | 1,009,732 | 23,291,674 | |||
Tanzeen Syed |
2,079,284,367 | 8,018,141 | 23,291,674 | |||
Stephanie Tilenius |
2,081,164,953 | 6,137,555 | 23,291,674 | |||
Hans Tung |
2,081,344,458 | 5,958,050 | 23,291,674 |
Proposal 2.Stockholders ratified the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2021. The voting results were as follows:
Votes For | Votes Against | Abstentions | Broker Non-Votes | |||
2,109,548,784 |
210,731 | 834,667 | - |
Proposal 3. Stockholders approved, on an advisory basis, the compensation of the Company's named executive officers. The voting results were as follows:
Votes For | Votes Against | Abstentions | Broker Non-Votes | |||
2,078,975,184 |
8,230,871 | 96,453 | 23,291,674 |
Proposal 4. Stockholders approved, on an advisory basis, a frequency of holding a non-bindingadvisory vote on the compensation of the Company's named executive officers of every one year. The voting results were as follows:
1 Year | 2 Years | 3 Years | Abstentions | Broker Non-Votes | ||||
2,087,072,423 |
49,670 | 93,544 | 86,871 | - |