03/09/2024 | Press release | Distributed by Public on 04/09/2024 03:27
Item 5.02. |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On August 30, 2024, as described below under Item 5.07 of this Current Report on Form 8-K,the stockholders of 3D Systems Corporation (the "Company") approved an amendment and restatement (the "Amendment and Restatement") of the Company's 2015 Incentive Plan (as amended and restated, the "Plan"). The Board of Directors of the Company previously adopted the Amendment and Restatement on July 30, 2024, subject to stockholder approval. The Amendment and Restatement (i) adds 4,000,000 new shares of common stock to the pool of shares available for awards, (ii) makes available under the Plan any shares of common stock withheld or remitted to satisfy tax withholding liabilities, and (iii) extends the term of the Plan until July 29, 2034.
The material terms of the Plan are described in "Proposal 3: Approval of the Amendment and Restatement of the 2015 Incentive Plan" in the Company's Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on August 13, 2024, which description is incorporated herein by reference. A copy of the Plan is attached hereto as Exhibit 10.1.