nvro-8k_20220526.htm
false 0001444380 0001444380 2022-05-26 2022-05-26

 

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): May 26, 2022

 

NEVRO CORP.

(Exact name of registrant as specified in its charter)

 

 

Delaware

 

001-36715

 

56-2568057

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification Number)

 

1800 Bridge Parkway

Redwood City, CA 94065

(Address of principal executive offices, including Zip Code)

Registrant’s telephone number, including area code: (650) 251-0005

 

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))

 

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

 

Title of each class

 

Trading Symbol

 

Name of each exchange on which registered

Common Stock, $0.001 par value per share

 

NVRO

 

The New York Stock Exchange

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 May 26, 2022, Nevro Corp. (the “Company”) held its 2022 Annual Meeting of Stockholders (the “Annual Meeting”). At the Annual Meeting, the Company’s stockholders voted on three proposals, each of which is described in more detail in the Company’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on April 11, 2022 (the “Proxy”). Only stockholders of record as of the close of business on March 28, 2022, the record date for the Annual Meeting, were entitled to vote at the Annual Meeting. As of the record date, 35,192,395 shares of the Company’s common stock were outstanding and entitled to vote at the Annual Meeting. The tabulation of the stockholder votes on each proposal brought before the Annual Meeting is as follows:

Proposal 1. The election of nine directors to the Company’s board of directors (the “Board”) to hold office until the 2023 annual meeting of stockholders or until their respective successor is elected:

 

Nominee

 

Votes For

 

 

Votes Withheld

 

 

Broker

Non-Votes

 

D. Keith Grossman

 

 

28,787,502

 

 

 

1,990,580

 

 

 

1,815,071

 

Michael DeMane

 

 

30,621,901

 

 

 

156,181

 

 

 

1,815,071

 

Frank Fischer

 

 

28,758,415

 

 

 

2,019,667

 

 

 

1,815,071

 

Sri Kosaraju

 

 

30,742,774

 

 

 

35,308

 

 

 

1,815,071

 

Shawn T McCormick

 

 

30,736,214

 

 

 

41,868

 

 

 

1,815,071

 

Kevin O’Boyle

 

 

30,736,739

 

 

 

41,343

 

 

 

1,815,071

 

Karen Prange

 

 

29,849,986

 

 

 

928,096

 

 

 

1,815,071

 

Susan Siegel

 

 

30,281,581

 

 

 

496,501

 

 

 

1,815,071

 

Elizabeth Weatherman

 

 

29,110,200

 

 

 

1,667,882

 

 

 

1,815,071

 

Proposal 2. The ratification of the selection by the audit committee of the Board of PricewaterhouseCoopers LLP as the independent registered public accounting firm of the Company for the year ending December 31, 2022:

 

Votes For

 

 

Votes Against

 

 

Abstentions

 

 

32,546,115

 

 

 

43,209

 

 

 

3,829

 

As a routine proposal under applicable rules, no broker non-votes were recorded in connection with this proposal.

Proposal 3. The approval, on a non-binding, advisory basis, of the compensation of the Company’s named executive officers:

 

Votes For

 

 

Votes Against

 

 

Abstentions

 

 

Broker Non-Votes

 

 

25,590,117

 

 

 

5,163,788

 

 

 

24,177

 

 

 

1,815,071

 

Proposal 4. The non-binding advisory vote regarding the frequency of future advisory votes by stockholders on the compensation of the Company’s named executive officers:

 

1 Year

 

 

2 Years

 

 

3 Years

 

 

Abstentions

 

 

Broker Non-Votes

 

 

30,666,537

 

 

 

2,390

 

 

 

101,948

 

 

 

7,207

 

 

 

1,815,071

 

 

Based on these voting results, and the recommendation of the Board that was included in the Proxy, the Company has decided it will hold advisory votes on the compensation of the Company’s named executive officers on an annual basis.


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.

 

 

 

NEVRO CORP.

 

 

 

 

 

Date: May 31, 2022

 

  By:

 

    /s/ Roderick H. MacLeod

 

 

 

 

    Roderick H. MacLeod

 

 

 

 

    Chief Financial Officer