Sarepta Therapeutics, Inc. (NASDAQ:SRPT) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07. Submission of Matters to a Vote of Security Holders.
The following is a brief description of each matter voted upon at the Sarepta Therapeutics, Inc. (the “Company”) Annual Meeting held on June 6, 2018 (the “Annual Meeting”) and the number of votes cast for, against or withheld, as well as the number of abstentions and broker non-votes, as to each such matter. As of the record date for the Annual Meeting, April 11, 2018, there were 65,513,228 shares of common stock issued and outstanding. There were 59,749,560 shares of common stock present and entitled to vote at the Annual Meeting in person or by proxy, which represented 91.20% of the voting power of the shares of common stock entitled to vote at the Annual Meeting, and which constituted a quorum for the transaction of business.
The proposals voted upon and voting results for these proposals at the Annual Meeting were as follows:
Proposal 1: Election of Group I Directors
Name of Nominee |
For |
Against |
Abstain |
Broker Non- Votes |
Michael W. Bonney |
44,728,667 |
288,562 |
429,847 |
14,302,484 |
Douglas S. Ingram |
44,961,204 |
138,758 |
347,114 |
14,302,484 |
Hans Wigzell, M.D., Ph.D. |
42,578,248 |
2,515,125 |
353,703 |
14,302,484 |
to the foregoing votes, the Director nominees listed above were elected to serve as a Group I Directors on the Company’s Board of Directors to hold office until the Company’s 2020 annual meeting of stockholders, or until his successor is earlier elected. There were no additional director nominations brought before the meeting.
Proposal 2: Advisory Vote on 2017 Named Executive Officer Compensation
For |
Against |
Abstain |
Broker Non-Votes |
26,229,276 |
19,102,581 |
115,219 |
14,302,484 |
to the foregoing votes, the 2017 executive compensation was approved on an advisory basis.
Proposal 3: Approval of the Company’s 2018 Equity Incentive Plan
For |
Against |
Abstain |
Broker Non-Votes |
27,047,007 |
18,308,539 |
91,530 |
14,302,484 |
to the foregoing votes, the Company’s 2018 Equity Incentive Plan was approved.
Proposal 4: Ratification of KPMG as the Company’s Independent Registered Public Accounting Firm
For |
Against |
Abstain |
58,991,883 |
699,532 |
58,145 |
to the foregoing votes, the selection of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2018 was ratified and approved.
About Sarepta Therapeutics, Inc. (NASDAQ:SRPT)
Sarepta Therapeutics, Inc. is a biopharmaceutical company. The Company is focused on the discovery and development of ribonucleic acid (RNA)-targeted therapeutics for the treatment of rare, infectious and other diseases. The Company operates in one segment: the development of pharmaceutical products on its own behalf or in collaboration with others. The Company, through its platform technologies, targets a range of diseases and disorders through RNA-targeted mechanisms of action. The Company is also developing therapeutics using its technology for the treatment of drug-resistant bacteria and infectious, rare and other human diseases. The Company’s lead Duchenne Muscular Dystrophy (DMD) product candidate, Eteplirsen, is an antisense phosphorodiamidate morpholino oligomer (PMO) therapeutic in Phase III clinical development for the treatment of individuals with DMD having an error in the gene coding for dystrophin that is amenable to skipping exon 51.