UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 14, 2017 (June 9, 2017)
REGENERON PHARMACEUTICALS, INC.
(Exact name of registrant as specified in its charter)
New York
(State or other jurisdiction of incorporation)
000-19034 |
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13-3444607 |
(Commission |
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(I.R.S. Employer |
777 Old Saw Mill River Road, Tarrytown, New York |
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10591-6707 |
(Address of principal executive offices) |
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(Zip Code) |
Registrants telephone number, including area code: (914) 847-7000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As described in Item 5.07 below, at the 2017 Annual Meeting of Shareholders of Regeneron Pharmaceuticals, Inc. (Regeneron or the Company) held on June 9, 2017 (the Annual Meeting), the Companys shareholders approved the Amended and Restated Regeneron Pharmaceuticals, Inc. 2014 Long-Term Incentive Plan (the Plan). The Plan was previously adopted by Regenerons Board of Directors (the Board) on April 6, 2017 based upon the recommendation of the Compensation Committee of the Board.
A description of the material terms of the Plan is set forth on pages 84 91 of the Companys Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on April 25, 2017 (the Proxy Statement) and is incorporated herein by reference. The description of the Plan is qualified in its entirety by reference to the full text of the Plan, a copy of which was filed as Exhibit 99.1 to the Companys Registration Statement on Form S-8 filed with the Securities and Exchange Commission on June 12, 2017 and is incorporated herein by reference.
Item 5.07. Submission of Matters to a Vote of Security Holders.
At the Annual Meeting, the Companys shareholders voted on the matters set forth below.
Proposal 1 Election of Directors
The following nominees for Class II directors were elected to serve until the 2020 Annual Meeting of Shareholders and until their successors are duly elected and qualified based upon the following votes:
Nominee |
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For |
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Against |
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Abstain |
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Broker Non-Votes |
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N. Anthony Coles, M.D. |
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111,246,776 |
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279,703 |
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48,186 |
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5,947,203 |
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Joseph L. Goldstein, M.D. |
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94,353,657 |
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17,192,504 |
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28,504 |
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5,947,203 |
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Christine A. Poon |
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93,725,257 |
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17,822,427 |
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26,981 |
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5,947,203 |
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P. Roy Vagelos, M.D. |
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110,937,330 |
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611,032 |
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26,303 |
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5,947,203 |
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Huda Y. Zoghbi, M.D. |
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109,001,871 |
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2,541,238 |
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31,556 |
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5,947,203 |
|
The following nominee for a Class I director was elected to serve until the 2019 Annual Meeting of Shareholders and until her successor is duly elected and qualified based upon the following votes:
Nominee |
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For |
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Against |
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Abstain |
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Broker Non-Votes |
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Bonnie L. Bassler, Ph.D. |
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111,054,324 |
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489,531 |
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30,810 |
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5,947,203 |
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Proposal 2 Ratification of Appointment of Independent Registered Public Accounting Firm
The proposal to ratify the appointment of PricewaterhouseCoopers LLP as the Companys independent registered public accounting firm for the fiscal year ending December 31, 2017 was approved based upon the following votes:
For: |
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116,891,573 |
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Against: |
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594,036 |
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Abstain: |
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36,259 |
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Proposal 3 Approval of Amended and Restated Regeneron Pharmaceuticals, Inc. 2014 Long-Term Incentive Plan
The proposal to approve the Plan was approved based upon the following votes:
For: |
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73,855,623 |
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Against: |
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37,638,433 |
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Abstain: |
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80,609 |
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Broker Non-Votes: |
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5,947,203 |
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Proposal 4 Advisory Vote on Executive Compensation
The resolution to approve, on an advisory basis, the compensation of the Companys named executive officers as disclosed in the Proxy Statement was approved based upon the following votes:
For: |
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74,832,189 |
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Against: |
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36,645,623 |
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Abstain: |
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96,853 |
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Broker Non-Votes: |
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5,947,203 |
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Proposal 5 Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation
Three years was selected by a majority of the votes cast on the advisory proposal on the frequency of future advisory votes on executive compensation based upon the following votes:
One Year: |
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49,789,134 |
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Two Years: |
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177,085 |
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Three Years: |
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61,569,725 |
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Abstain: |
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38,721 |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
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REGENERON PHARMACEUTICALS, INC. |
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/s/ Joseph J. LaRosa |
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Joseph J. LaRosa |
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Senior Vice President, General Counsel and Secretary |
Date: June 14, 2017