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):

   

June 18, 2015

 

BroadVision, Inc.

__________________________________________

(Exact name of registrant as specified in its charter)

   

   

   

Delaware

001-34205

94-3184303

_____________________

(State or other jurisdiction

_____________

(Commission

______________

(I.R.S. Employer

of incorporation)

File Number)

Identification No.)

  

   

   

1700 Seaport Blvd, Suite 210,

Redwood City, California

   

94063

_________________________________

(Address of principal executive offices)

   

___________

(Zip Code)

 

   

   

   

Registrant's telephone number, including area  code:

   

(650) 331-1000

 

______________________________________________

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

 

The 2015 annual meeting of the stockholders of BroadVision, Inc. (the “Annual Meeting”) was held on June 18, 2015 in our office located at 1700 Seaport Boulevard, Suite 210, Redwood City, California. At the Annual Meeting, our stockholders voted on four proposals, each of which is described in more detail in our definitive proxy statement on Schedule 14A (the “Proxy Statement”) filed with the U.S. Securities and Exchange Commission on April 30, 2015. The following is a brief description of each matter voted upon and the certified results, including the number of votes cast for or against each matter and the number of abstentions, if applicable, and broker non-votes with respect to each matter.

 

1. Our stockholders elected each of 4 director nominees to serve for the ensuing year and until their successors are elected. The votes regarding the election of directors were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Director Name:

 

Votes For

 

 

Votes Withheld

 

 

Broker Non–Votes

 

Pehong Chen

 

 

2,206,549 

 

 

 

158,700 

 

 

 

1,291,863 

 

James D. Dixon

 

 

2,268,096 

 

 

 

97,153 

 

 

 

1,291,863 

 

Robert Lee

 

 

2,267,697 

 

 

 

97,552 

 

 

 

1,291,863 

 

François Stieger

 

 

2,267,593 

 

 

 

97,656 

 

 

 

1,291,863 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2. Our stockholders ratified the selection of OUM & Co. LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2015. The voting results were as follows: 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

3,629,798

 

26,821

 

493

 

1,291,863

3. Our stockholders approved, on an advisory basis, the compensation of our named executive officers as disclosed in the Proxy Statement. The voting results were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

2,326,348

 

37,730

 

1,171

 

1,291,863

 

4. Our stockholders approved, on an advisory basis, a preferred frequency of stockholder advisory votes on the compensation of the Company’s named executive officers of every “Three Years”. The voting results were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Every Year

 

Every Two Years

 

Every Three Years

 

Abstentions

 

Broker Non-Votes

382,078

 

2,474

 

1,914,052

 

66,645

 

1,291,863

 


 

Based on the voting results and its consideration of the appropriate voting frequency for the Company at this time, we will hold an advisory vote on the compensation of the Company’s named executive officers every three years.


 

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.

 

 

   

   

   

   

   

   

   

BroadVision, Inc.

  

   

   

   

   

June 18, 2015

   

By:

   

/s/ Peter Chu

   

   

   

   

 

   

   

   

   

Name: Peter Chu

   

   

   

   

Title: Chief Financial Officer and Vice President of Strategy and Product Management

 

 

 

 

 

 


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