Clovis Oncology, Inc. (NASDAQ:CLVS) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07
The Annual Meeting of Shareholders (the “Annual Meeting”) of Clovis Oncology, Inc. (the “Company”) was held on June7, 2018. At the Annual Meeting, the shareholders of the Company voted on the following five proposals and cast their votes as described below.
Proposal One
The individuals listed below were elected at the Annual Meeting to serve a three-year term on the Company’s Board of Directors (the “Board”).
|
For |
Withheld |
BrokerNon-Votes |
|
|
Patrick J. Mahaffy |
37,043,756 | 2,842,599 | 6,473,313 |
|
M. James Barrett |
37,143,684 | 2,742,671 | 6,473,313 |
|
Thorlef Spickschen |
37,452,121 | 2,434,234 | 6,473,313 |
Proposal Two
Proposal two was to approve and ratify the Company’s Non-Employee Director Compensation Policy, as described in the proxy materials. This proposal was not approved.
|
For |
Against |
Abstained |
BrokerNon-Votes |
|
16,942,947 |
22,928,795 | 14,613 | 6,473,313 |
Proposal Three
Proposal three was to hold an advisory vote on the compensation of the Company’s named executive officers, as described in the proxy materials. This proposal was approved.
|
For |
Against |
Abstained |
BrokerNon-Votes |
|
27,735,821 |
12,137,263 | 13,271 | 6,473,313 |
Proposal Four
Proposal four was to hold an advisory vote on the frequency of the stockholder advisory vote on the compensation of the Company’s named executive officers, as described in the proxy materials. “One Year” was approved.
|
ThreeYears |
TwoYears |
OneYear |
Abstained |
|
201,535 |
26,693 | 39,590,735 | 67,392 |
Based on these results, and consistent with the Company’s recommendation, the Board has determined that the Company will hold an advisory vote on executive compensation every year.
Proposal Five
Proposal five was to ratify the appointment of Ernst& Young LLP as auditors of the Company for fiscal year 2018, as described in the proxy materials. This proposal was approved.
|
For |
Against |
Abstained |
|
46,039,791 |
207,251 | 112,626 |
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About Clovis Oncology, Inc. (NASDAQ:CLVS)
Clovis Oncology, Inc. is a biopharmaceutical company focused on acquiring, developing and commercializing anti-cancer agents in the United States, Europe and other international markets. The Company is developing approximately three product candidates: Rociletinib, Rucaparib and Lucitanib. Rociletinib is an oral epidermal growth factor receptor (EGFR), mutant-selective covalent inhibitor that is under review with the United States and European regulatory authorities for the treatment of non-small cell lung cancer (NSCLC) in patients with activating EGFR mutations, as well as the resistance mutation, T790M. Rucaparib is an oral inhibitor of poly (ADP-ribose) polymerase (PARP) that is in advanced clinical development for the treatment of ovarian cancer. Lucitanib is an oral inhibitor of the tyrosine kinase activity of vascular endothelial growth factor receptors 1-3 (VEGFR1-3) and platelet-derived growth factor receptors alpha and beta (PDGFR a/b).