Sarepta Therapeutics, Inc. (NASDAQ:SRPT) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 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, 2019 (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, 2019, there were 74,138,239 shares of common stock issued and outstanding. There were 69,110,379 shares of common stock present and entitled to vote at the Annual Meeting in person or by proxy, which represented 93.22% 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 II Directors
to the foregoing votes, the Director nominees listed above were elected to serve as a Group II Directors on the Company’s Board of Directors to hold office until the Company’s 2021 annual meeting of stockholders, or until his or her successor is earlier elected. There were no additional director nominations brought before the meeting.
Proposal 2: Advisory Vote on 2018 Named Executive Officer Compensation
to the foregoing votes, the 2018 executive compensation was approved on an advisory basis.
Proposal 3: Approval of an Amendment to the Company’s Amended and Restated 2013 Employee Stock Purchase Plan
to the foregoing votes, the Amendment to the Company’s Amended and Restated 2013 Employee Stock Purchase Plan was approved.
Proposal 4: Ratification of KPMG as the Company’s Independent Registered Public Accounting Firm
to the foregoing votes, the selection of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2019 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.
