0000350868 false 0000350868 2023-09-07 2023-09-07 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

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):  September 7, 2023

 

ITERIS, INC.

(Exact name of registrant as specified in its charter)

 

Delaware   001-08762   95-2588496

(State or other jurisdiction of

incorporation)

   (Commission File Number)   (IRS Employer Identification No.)

 

1250 S. Capital of Texas Highway, Building 1, Suite 330,
Austin, TX		   78746
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code:  (512) 716-0808

 

Not Applicable

(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
   
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act
   
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
   
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.10 par value   ITI   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company  ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

Item 5.07Submission of Matters to a Vote of Security Holders.

 

On September 7, 2023, Iteris, Inc. (the “Company”) held its 2023 Annual Meeting of Stockholders (the “Annual Meeting”). The total number of shares of the Company’s common stock represented in person or by proxy at the Annual Meeting was 36,051,896 or 84.35% of the issued and outstanding shares as of the record date for the Annual Meeting. At the Annual Meeting, the Company’s stockholders (i) elected the seven persons set forth below under “Proposal One: Election of Directors” to the Company’s Board of Directors; (ii) approved, on a non-binding, advisory basis, the compensation of the Company’s named executive officers as disclosed in the Company’s Proxy Statement; and (iii) ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2024.

 

The detailed voting results on matters submitted to a vote of the stockholders at the Annual Meeting were as follows:

 

Proposal 1:  Election of Directors

 

Nominee  For  Against  Abstain  Broker Non-Votes
J. Joseph (“Joe”) Bergera  22,873,203  3,393,550  131,313  9,653,830
Gary Hall  22,070,786  4,189,712  137,568  9,653,830
Gerard M. Mooney  18,294,746  8,071,391  31,929  9,653,830
Laura L. Siegal  19,230,588  7,121,402  46,076  9,653,830
Thomas L. Thomas  18,973,866  7,091,368  332,832  9,653,830
Kimberly Valentine-Poska  22,150,801  4,152,595  94,670  9,653,830
Dennis W. Zank  19,648,829  6,719,054  30,183  9,653,830

 

Proposal 2:  Advisory Vote Regarding Executive Compensation

 

For  Against  Abstain  Broker Non-Votes
20,852,455  5,421,002  124,609  9,653,830

 

Proposal 3:  Ratification of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2023

 

For  Against  Abstain  Broker Non-Votes
33,858,244  1,939,548  254,104  0

 

 

 

 

SIGNATURE

 

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.

 

Dated: September 12, 2023  
 

ITERIS, INC.,

a Delaware corporation

   
  By: /S/ KERRY A. SHIBA
    Kerry A. Shiba
    Senior Vice President and Chief Financial Officer

 

 

 

v3.23.2
Cover
Sep. 07, 2023
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Sep. 07, 2023
Entity File Number 001-08762
Entity Registrant Name ITERIS, INC.
Entity Central Index Key 0000350868
Entity Tax Identification Number 95-2588496
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One 1250 S. Capital of Texas Highway, Building 1
Entity Address, Address Line Two Suite 330
Entity Address, City or Town Austin
Entity Address, State or Province TX
Entity Address, Postal Zip Code 78746
City Area Code 512
Local Phone Number 716-0808
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock, $0.10 par value
Trading Symbol ITI
Security Exchange Name NASDAQ
Entity Emerging Growth Company false
Iteris (NASDAQ:ITI)
Historical Stock Chart
Von Apr 2024 bis Mai 2024 Click Here for more Iteris Charts.
Iteris (NASDAQ:ITI)
Historical Stock Chart
Von Mai 2023 bis Mai 2024 Click Here for more Iteris Charts.