# EDGAR Filing Document

**Accession Number:** 0001601046
**File Stem:** 0001601046-23-000018
**Filing Date:** 2023-3
**Character Count:** 9763
**Document Hash:** cac060c72bb84d6b0ef005b9671fe956
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001601046-23-000018.hdr.sgml**: 20230317

**ACCESSION NUMBER**: 0001601046-23-000018

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 12

**CONFORMED PERIOD OF REPORT**: 20230314

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Submission of Matters to a Vote of Security Holders

**FILED AS OF DATE**: 20230317

**DATE AS OF CHANGE**: 20230317

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Keysight Technologies, Inc.
- **CENTRAL INDEX KEY:** 0001601046
- **STANDARD INDUSTRIAL CLASSIFICATION:** INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL [3823]
- **IRS NUMBER:** 464254555
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-36334
- **FILM NUMBER:** 23742822

**BUSINESS ADDRESS:**
- **STREET 1:** 1400 FOUNTAINGROVE PARKWAY
- **CITY:** SANTA ROSA
- **STATE:** CA
- **ZIP:** 95403
- **BUSINESS PHONE:** 8774244536

**MAIL ADDRESS:**
- **STREET 1:** 1400 FOUNTAINGROVE PARKWAY
- **CITY:** SANTA ROSA
- **STATE:** CA
- **ZIP:** 95403

?xml version="1.0" ? keys-20230314

**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): March 14, 2023** 

**KEYSIGHT TECHNOLOGIES, INC.** 

(Exact name of registrant as specified in its charter)

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| | | |
|:---|:---|:---|
| **Delaware** | **001-36334** | **46-4254555** |
| (State or other jurisdiction | (Commission | (IRS Employer |
| of incorporation) | File Number) | Identification No.) |

---

---

| | | |
|:---|:---|:---|
| **1400 Fountaingrove Parkway** | **1400 Fountaingrove Parkway** | **95403** |
| **Santa Rosa** | **CA** | **95403** |
| (Address of principal executive offices) | (Address of principal executive offices) | (Zip Code) |

---

Registrant's telephone number, including area code **(800) 829-4444** 

(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:

☐&nbsp;&nbsp;&nbsp;&nbsp; Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 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 on each exchange on which registered |
| **Common Stock, par value $0.01 per share** | **KEYS** | **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. ☐

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**Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**

On March 14, 2023, Ron Nersesian, the company's executive chair of the Board of Directors, announced plans to transition to non-executive chair as of May 1, 2023. Nersesian has served as Keysight's executive chairman since November 2019 and transitioned the role of Keysight president and chief executive officer to Satish Dhanasekaran in May 2022. Mr. Nersesian is retiring for personal reasons and not because of any disagreement with the Company.

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

On March 16, 2023, Keysight Technologies, Inc. (the "Company") held its Annual Meeting of Stockholders (the "Annual Meeting"). As of January 17, 2023, the Company's record date for the Annual Meeting, there were a total of 178,344,094 shares of Common Stock outstanding and entitled to vote at the Annual Meeting. At the Annual Meeting, 159,020,650 shares of Common Stock or 89.17% were represented in person or by proxy and, therefore, a quorum was present.

The stockholders of the Company voted on the following items at the Annual Meeting:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.Election of the Directors nominated by the Board of Directors.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.Ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for fiscal year 2023.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.Approval, on a non-binding advisory basis, of the compensation of the Company's named executive officers for fiscal year 2022.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.Approval of an amendment to the Company's Amended and Restated Certificate of Incorporation to declassify the Board of Directors.

Votes regarding the election of the director nominees were as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | | | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Broker** | |
| **<u>Nominee</u>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**<u>For</u>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**<u>Against</u>** | &nbsp;&nbsp;&nbsp;&nbsp;**<u>Abstain</u>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**<u>Non-Votes</u>** | &nbsp;&nbsp;&nbsp;&nbsp;**<u>Uncast</u>** |
| Satish C. Dhanasekaran | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141766301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;920986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229586 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16103777 | &nbsp;&nbsp;&nbsp;0 |
| Richard P. Hamada | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126438408 | &nbsp;&nbsp;&nbsp;&nbsp;16227389 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;243364 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16111489 | &nbsp;&nbsp;&nbsp;0 |
| Paul A. Lacouture | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133902256 | &nbsp;&nbsp;&nbsp;&nbsp;8774907 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;236025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16107462 | &nbsp;&nbsp;&nbsp;0 |
| Kevin A. Stephens | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134283693 | &nbsp;&nbsp;&nbsp;&nbsp;8392093 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233649 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16111215 | &nbsp;&nbsp;&nbsp;0 |

---

Based on the votes set forth above, each of the director nominees was duly elected to a new three year term.

The proposal to ratify the Audit and Finance Committee's appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for fiscal year 2023 received the following votes:

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| | | | | |
|:---|:---|:---|:---|:---|
| **<u>For</u>** | **<u>Against</u>** | **<u>Abstain</u>** | **<u>Broker Non-Votes</u>** | **<u>Uncast</u>** |
| 157,778,081 | 838,300 | 404,268 | 1 | 0 |

---

Based on the votes set forth above, the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for fiscal year 2023 was duly ratified.

The proposal to approve, on a non-binding advisory basis, the compensation of the Company's named executive officers for fiscal year 2022 received the following votes:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **<u>For</u>** | **<u>Against</u>** | **<u>Abstain</u>** | **<u>Broker Non-Votes</u>** | **<u>Uncast</u>** |
| 127,457,338 | 14,654,038 | 814,291 | 16,094,983 | 0 |

---

Based on the votes set forth above, the compensation of the Company's named executive officers for fiscal year 2022 was approved.

------

The proposal to approve an amendment to the Company's Amended and Restated Certificate of Incorporation to declassify the Board of Directors (the "Amendment Proposal") received the following votes:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **<u>For</u>** | **<u>Against</u>** | **<u>Abstain</u>** | **<u>Broker Non-Votes</u>** | **<u>Uncast</u>** |
| 142,317,358 | 392,177 | 211,874 | 16,099,241 | 0 |

---

The Amendment Proposal required 80% of the shares outstanding to vote in favor of the proposal for it to be approved. Based on the votes set forth above, 79% of the shares outstanding voted in favor of the Amendment Proposal. Accordingly, the Amendment Proposal was not approved, and the Company's Board of Directors will remain classified.

------

**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.

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| | | |
|:---|:---|:---|
| | KEYSIGHT TECHNOLOGIES, INC. | KEYSIGHT TECHNOLOGIES, INC. |
| | By: | /s/ JoAnn Juskie |
| | Name: | JoAnn Juskie |
| | Title: | Vice President, Assistant General Counsel and |
| | | Assistant Secretary |
| Date: March 17, 2023 |  |  |

---