Concentrix Corporation
10/29/2024 | Press release | Distributed by Public on 10/29/2024 14:05
Proxy Results Form 8 K
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As described below in Item 5.07 of this Current Report on Form 8-K ("Form 8-K"), on October 28, 2024 the stockholders of Concentrix Corporation (the "Company") approved the Concentrix Corporation Amended and Restated 2020 Stock Incentive Plan (the "2020 Plan") at a Special Meeting of Stockholders (the "Special Meeting") that (i) increased the number of authorized shares thereunder by 3,000,000 shares and (ii) removed the evergreen provision, among other amendments. The 2020 Plan was previously approved by the Company's Board of Directors (the "Board").
The material terms and conditions of the Plan have been previously described under Proposal No. 2 of the Company's Definitive Proxy Statement on Schedule 14A, as filed with the Securities and Exchange Commission ("SEC") on September 17, 2024 (the "Proxy Statement"), and are incorporated by reference into Item 5.02 of this Form 8-K.
The foregoing summary is qualified in its entirety by reference to the full text of the 2020 Plan, a copy of which is filed as Exhibit 10.1 to this Form 8-K and is incorporated herein by reference.