Lisata Therapeutics Inc.
06/27/2024 | Press release | Distributed by Public on 06/27/2024 14:54
Submission of Matters to a Vote of Security Holders Form 8 K
Item 5.07. Submission of Matters to a Vote of Security Holders.
On June 27, 2024, at the 2024 Annual Meeting of Stockholders (the "Annual Meeting") of Lisata Therapeutics, Inc. (the "Company"), the stockholders voted on and approved the six proposals listed below. The following is a brief description of each matter voted upon at the Annual Meeting. For a full description of each such matter, see the Company's definitive proxy statement on Schedule 14A, filed with the Securities and Exchange Commission on April 29, 2024 (the "Proxy Statement"), as well as the final voting results with respect to each such matter:
Proposal 1. The stockholders re-elected Gregory B. Brown, M.D., Heidi Henson and David J. Mazzo, Ph.D. as Class II directors to serve until the annual meeting to be held in 2027. The final voting results with respect to Gregory B. Brown, M.D. were as follows: 3,203,590 votes for; 368,418 votes against; 25,321 votes abstaining and 2,137,358 broker non-votes. The final voting results with respect to Heidi Henson were as follows: 3,261,182 votes for; 310,709 votes against; 25,438 votes abstaining and 2,137,358 broker non-votes. The final voting results with respect to David J. Mazzo, Ph.D. were as follows: 3,151,768 votes for; 375,227 votes against; 70,334 votes abstaining and 2,137,358 broker non-votes.
Proposal 2. The stockholders approved an amendment to the Lisata Therapeutics, Inc. 2018 Equity Incentive Compensation Plan to increase the number of shares of common stock that may be issued under the Plan by 600,000. The final voting results with respect to this Proposal were as follows: 2,606,756 votes for; 588,819 votes against; 401,754 votes abstaining and 2,137,358 broker non-votes.
Proposal 3. The stockholders approved an amendment to the 2018 Equity Incentive Compensation Plan to add a three-year "evergreen" provision whereby the number of shares available for issuance will be increased for three consecutive years, beginning on January 1, 2025, in an amount equal to the lesser of (i) 5% of the number of shares of the Company's common stock issued and outstanding on the immediately preceding December 31 or (ii) such number of shares determined by the plan administrator. The final voting results with respect to this Proposal were as follows: 2,527,475 votes for; 692,222 votes against; 377,632 votes abstaining and 2,137,358 broker non-votes.
Proposal 4. The stockholders approved an amendment to the 2017 Employee Stock Purchase Plan that increases the number of shares available under the plan from 68,333 to 113,333. The final voting results with respect to this Proposal were as follows: 3,058,379 votes for; 131,206 votes against; 407,744 votes abstaining and 2,137,358 broker non-votes.
Proposal 5.The stockholders ratified the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. The final voting results with respect to this Proposal were as follows: 3,710,921 votes for; 401,195 votes against; 22,974 votes abstaining and no broker non-votes.
Proposal 6. The stockholders approved, on a non-binding advisory basis, the executive compensation of the Company's named executive officers as described in the Proxy Statement. The final voting results with respect to this Proposal were as follows: 3,091,533 votes for; 417,395 votes against; 88,401 votes abstaining and 2,137,358 broker non-votes.