09/27/2024 | Press release | Distributed by Public on 09/27/2024 14:02
Item 5.07 |
Submission of Matters to a Vote of Security Holders. |
On September 27, 2024, Molecular Templates, Inc. (the "Company") held its 2024 annual meeting of stockholders (the "Annual Meeting"). At the Annual Meeting, a quorum of 4,676,739 shares of the Company's common stock, or 71.03% of the outstanding shares of common stock entitled to vote as of the record date of August 1, 2024, were present in person or represented by proxy. At the Annual Meeting, the stockholders: (1) elected Corsee Sanders, Ph.D. to the Company's Board of Directors as a Class II director for a term of three years to serve until the 2027 annual meeting of stockholders and until her successor is elected and qualified or until her earlier death, resignation or removal ("Election of Director"); (2) ratified the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024 ("Auditor Ratification"); and (3) approved, on an advisory basis, the compensation of the Company's named executive officers as disclosed in the proxy statement for the meeting ("Advisory Vote on Executive Compensation"). A more complete description of each of these matters is set forth in the Company's proxy statement.
The number of votes cast in favor or against by the stockholders and the number of abstentions and the number of broker non-voteson each of the foregoing matters are set forth below.
1. |
Election of Director |
Nominee |
Shares Voted For |
Shares Voted Against |
Shares Abstaining |
Broker Non-votes |
||||
Corsee Sanders, Ph.D. |
3,031,323 | 553,546 | 139 | 1,091,731 |
2. |
Auditor Ratification |
Shares Voted For |
Shares Voted Against |
Shares Abstaining |
||
4,639,921 |
28,744 |
8,074 |
3. |
Advisory Vote on Executive Compensation |
Shares Voted For |
Shares Voted Against |
Shares Abstaining |
Broker Non-votes |
|||
3,561,675 |
22,865 | 468 | 1,091,731 |
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