TERADATA CORP /DE/0000816761false00008167612024-05-142024-05-14

 

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Date of Report (Date of earliest event reported): May 14, 2024  

 

  

 

 

 

 

☐ 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:

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.  ☐

(e) 2023 Stock Incentive Plan. On May 14, 2024, the stockholders of Teradata Corporation (the “Company” or “Teradata”), upon recommendation of the Teradata Board of Directors (the “Board”), approved the Teradata 2023 Stock Incentive Plan as Amended and Restated (the “Amended 2023 Plan”). The Amended 2023 Plan amends and restates the Teradata 2023 Stock Incentive Plan to increase the number of shares available under the Amended 2023 Plan by 3,480,000 shares. The Amended 2023 Plan is described in our 2024 Proxy Statement, and the full text of the Amended 2023 Plan, attached as Appendix A to our 2024 Proxy Statement, is incorporated herein by reference.

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

The Annual Meeting of Stockholders (the “Annual Meeting”) of the Company was held on May 14, 2024.

At the Annual Meeting, the holders of a total of 90,093,319 shares of the Company’s common stock entitled to vote were present in person or represented by proxy, constituting approximately 92% of the total shares issued and outstanding and entitled to vote at the Annual Meeting. Stockholders voted on six matters:

1)a proposal to elect Lisa R. Bacus, Timothy C.K. Chou and John G. Schwarz as Class II directors;

2)an advisory (non-binding) vote on executive compensation (a “say-on-pay” vote);

3)a proposal to approve the Amended 2023 Plan; and

4)a proposal to ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for 2024.

The number of votes cast for or against, the number of abstentions, and the number of broker non-votes with respect to each matter required to be reported herein was certified by an independent inspector of elections, and are set forth below:

1.    Election of (i) three Class II directors for three-year terms expiring at the 2027 Annual Meeting to hold office until their respective successors are duly elected and qualified.

    Class II Directors

a. Lisa R. Bacus

For: 77,531,179    Against: 2,767,598    Abstain: 678,069    Broker Non-Votes: 9,116,473

b. Timothy C.K. Chou

For: 79,248,494    Against: 1,041,365    Abstain: 686,987    Broker Non-Votes: 9,116,473

c. John G. Schwarz

For: 77,025,374    Against: 3,269,821    Abstain: 681,651    Broker Non-Votes: 9,116,473

2.    An advisory (non-binding) vote on executive compensation (“say-on-pay”).

For: 77,262,561    Against: 2,968,099    Abstain: 746,186    Broker Non-Votes: 9,116,473

3.    The approval of the Amended 2023 Plan.

For: 71,903,909    Against: 8,365,446    Abstain: 707,491    Broker Non-Votes: 9,116,473

4.    Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for 2023.

For: 84,054,300    Against: 5,333,837    Abstain: 705,182    

(d)    Exhibits:

The following exhibits are attached with this current report on Form 8-K:

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.

Teradata Corporation

By: /s/ Margaret A. Treese            

Margaret A. Treese

Chief Legal Officer and Secretary

Dated: May 17, 2024