UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
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 16, 2020 (
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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. ¨
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 2020 Annual Meeting of Shareholders of Regeneron Pharmaceuticals, Inc. (“Regeneron” or the “Company”) held on June 12, 2020 (the “Annual Meeting”), the Company’s shareholders approved the Second Amended and Restated Regeneron Pharmaceuticals, Inc. 2014 Long-Term Incentive Plan (the “Plan”). The Plan was previously adopted by Regeneron’s Board of Directors (the “Board”) on April 3, 2020 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 99 – 106 of the Company’s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on April 24, 2020 (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 is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 5.07. | Submission of Matters to a Vote of Security Holders. |
At the Annual Meeting, Regeneron’s 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 2023 Annual Meeting of Shareholders and until their successors are duly elected and qualified based upon the following votes:
Nominee | For | Against | Abstain | Broker Non-Votes | ||||||||||||
Joseph L. Goldstein, M.D. | 110,706,608 | 5,757,444 | 36,518 | 5,469,768 | ||||||||||||
Christine A. Poon | 106,538,194 | 9,930,934 | 31,442 | 5,469,768 | ||||||||||||
P. Roy Vagelos, M.D. | 114,557,027 | 1,914,286 | 29,257 | 5,469,768 | ||||||||||||
Huda Y. Zoghbi, M.D. | 111,334,839 | 5,129,482 | 36,249 | 5,469,768 |
The following nominee for a Class III director was elected to serve until the 2021 Annual Meeting of Shareholders and until his successor is duly elected and qualified based upon the following votes:
Nominee | For | Against | Abstain | Broker Non-Votes | ||||||||||||
N. Anthony Coles, M.D. | 115,885,996 | 544,086 | 70,488 | 5,469,768 |
Proposal 2 – Ratification of Appointment of Independent Registered Public Accounting Firm
The proposal to ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2020 was approved based upon the following votes:
For: | 119,959,637 | |||
Against: | 1,963,153 | |||
Abstain: | 47,548 |
Proposal 3 – Approval of Second 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: | 85,583,885 | |||
Against: | 30,831,453 | |||
Abstain: | 85,232 | |||
Broker Non-Votes: | 5,469,768 |
Proposal 4 – Advisory Vote on Executive Compensation
The resolution to approve, on an advisory basis, the compensation of the Company’s named executive officers as disclosed in the Proxy Statement was approved based upon the following votes:
For: | 81,690,302 | |||
Against: | 34,709,497 | |||
Abstain: | 100,771 | |||
Broker Non-Votes: | 5,469,768 |
Item 9.01. | Financial Statements and Exhibits |
(d) Exhibits
Number | Description | |
10.1 | Second Amended and Restated Regeneron Pharmaceuticals, Inc. 2014 Long-Term Incentive Plan (Incorporated by reference from the Form S-8 for the Registrant, filed June 16, 2020) | |
104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document |
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.
REGENERON PHARMACEUTICALS, INC. | ||
/s/ Joseph J. LaRosa | ||
Joseph J. LaRosa | ||
Executive Vice President, General Counsel and Secretary |
Date: June 16, 2020