Item 5.07 Submission of Matters to a Vote of Security Holders.
The 2020 annual meeting of stockholders of the Company was held virtually on
The final results for each of the matters considered at the Meeting were as follows:
1. Election of the five nominees to the board of directors:
Votes For Votes Withheld Broker Non-Votes
Each director nominee was elected to serve as a director until the Company's annual meeting of stockholders in 2021, or until such person's successor is duly elected and qualified, or until such person's earlier resignation, death, or removal. Due to plurality election, votes could only be cast in favor of or withheld from the nominees and thus votes against were not applicable.
2. Approval of the 2020 Equity Incentive Plan:
Votes For Votes Against Votes Abstaining Broker Non-Votes 15,963,155 15,630,983 1,364,641 25,069,499
The proposal was approved.
3. Approval, on a nonbinding advisory basis, of the compensation of the Company's named executive officers:
Votes For Votes Against Votes Abstaining Broker Non-Votes 14,747,763 16,651,980 1,559,036 25,069,499
The proposal was not approved.
4. Ratification of the selection of
Votes For Votes Against Votes Abstaining Broker Non-Votes 50,317,976 5,332,392 2,377,910
-- The proposal was approved.
5. Approval of the adjournment of the Meeting, if necessary or appropriate, to solicit additional proxies if there are insufficient votes at the time of the Meeting to adopt any of the foregoing proposals.
Votes For Votes Against Votes Abstaining Broker Non-Votes 39,557,724 16,622,482 1,848,072 -- The proposal was approved. Item 8.01 Other Events
With respect to Proposal No. 2 described in the Proxy Statement, approval of an
amendment to the Company's Restated Certificate of Incorporation to increase the
number of shares of common stock authorized to be issued by the Company from
100,000,000 to 200,000,000, and Proposal No. 3 described in the Proxy Statement,
approval of an amendment to the Company's Restated Certificate of Incorporation
to effect a reverse stock split of the outstanding shares of common stock, if
the Board of Directors of the Company in its discretion determines to effect a
reverse stock split at any time before
Item 9.01 Financial Statements and Exhibits
Exhibit No. Description 10.1* 2020 Equity Incentive Plan. 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL. * Represents a compensatory plan or arrangement.
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