Item 5.07. Submission of Matters to a Vote of Security Holders.
At the 2020 annual meeting of stockholders of
Proposal 1: The election of two directors to serve as Class II directors for a term of three years until the 2023 annual meeting of stockholders. Proposal 2: The ratification of the selection ofPricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year endingDecember 31, 2020 . Proposal 3: The approval on an advisory non-binding basis of the compensation of the Company's named executive officers. Proposal 4: The approval of an amendment and restatement of the Company's amended and restated 2016 Equity Incentive Plan to, among other things, increase the aggregate number of shares authorized for issuance under the amended and restated 2016 Equity Incentive Plan.
For more information about the foregoing proposals, see the Company's definitive
proxy statement on Schedule 14A filed with the
Proposal 1: Election of Directors.
The Company's stockholders elected the following directors to serve as a Class II directors until the 2023 annual meeting of stockholders. The votes regarding the election of director were as follows:
Director Votes For Votes Against Votes Abstaining Broker Non-Votes Richard W. Dugan 33,933,097 6,087,097 27,566 7,102,892 Anne Sempowski Ward 34,634,332 5,385,932 27,496 7,102,892
Proposal 2: Ratification of
The Company's stockholders ratified the selection of
Votes For Votes Against Votes Abstaining 46,912,165 208,575
29,912
Proposal 3: Compensation of Named Executive Officers.
The Company's stockholders approved on an advisory non-binding basis the compensation paid to the Company's named executive officers, as disclosed in the Proxy Statement. The votes regarding this proposal were as follows:
Votes For Votes Against Votes Abstaining Broker Non-Votes 33,835,633 6,175,328 36,799
7,102,892
In accordance with the recommendation of the Company's Board of Directors as set forth in the Proxy Statement, and based on the voting results for this Proposal 3, the Company's Board of Directors determined that an advisory vote to approve the compensation of the Company's named executive officers will be conducted on an annual basis. The Company's Board of Directors will reevaluate this determination after the next stockholder advisory vote on this matter is held.
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Proposal 4: Amendment and Restatement of the Company's Amended and Restated 2016 Equity Incentive Plan.
The Company's stockholders approved an amendment and restatement of the Company's amended and restated 2016 Equity Incentive Plan to, among other things, increase the aggregate number of shares authorized for issuance under the amended and restated 2016 Equity Incentive Plan. The votes regarding this proposal were as follows:
Votes For Votes Against Votes Abstaining Broker Non-Votes 32,673,435 7,347,270 27,055 7,102,892
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