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):
(Exact name of Registrant as specified in its charter)
(State or other jurisdiction of incorporation or organization) |
(Commission File Number) |
(I.R.S Employer Identification No.) |
(Address of principal executive offices, including zip code)
(Registrant’s telephone number, including area code)
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 Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of class |
Trading |
Name of each exchange on which registered | ||
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
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 5.07 | Submission of Matters to a Vote of Security Holders. |
At the Annual Meeting of Shareholders of Seagen Inc. (the “Company”) held on May 31, 2023, the Company’s shareholders voted on the five proposals listed below. The final results of the votes regarding each proposal are set forth below. The proposals are described in the Company’s definitive proxy statement for the Annual Meeting filed with the Securities and Exchange Commission on April 18, 2023 (the “Proxy Statement”).
1. | To elect the following three Class I directors to hold office until the Company’s 2026 Annual Meeting of Shareholders. |
Name |
Votes For | Votes Against |
Abstentions | Broker Non-Votes |
||||||||||||
David W. Gryska |
154,892,671 | 10,851,689 | 112,859 | 8,201,564 | ||||||||||||
John A. Orwin |
135,066,812 | 30,680,071 | 110,336 | 8,201,564 | ||||||||||||
Alpna H. Seth, Ph.D. |
159,262,965 | 6,466,921 | 127,333 | 8,201,564 |
2. | To approve, on an advisory basis, the compensation of the Company’s named executive officers as disclosed in the Proxy Statement. |
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes | |||
90,103,443 | 75,602,290 | 151,486 | 8,201,564 |
3. | To indicate, on an advisory basis, the preferred frequency of shareholder advisory votes on the compensation of the Company’s named executive officers (the “Frequency Proposal”). |
1 Year |
2 Years |
3 Years |
Abstentions |
Broker Non-Votes | ||||
165,170,245 | 89,325 | 520,955 | 76,694 | 8,201,564 |
In accordance with the recommendation of the Company’s Board of Directors as set forth in the Proxy Statement, and the voting results on the Frequency Proposal, the Company has determined that the Company will hold an advisory vote on the compensation of the Company’s named executive officers on an annual basis, until the next advisory vote on this matter is held.
4. | To approve the amendment and restatement of the Company’s Amended and Restated 2007 Equity Incentive Plan to, among other things, increase the aggregate number of shares of common stock authorized for issuance thereunder by 5,190,000 shares. |
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes | |||
161,552,002 | 3,922,150 | 383,067 | 8,201,564 |
5. | To ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. |
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes | |||
170,569,730 | 3,422,485 | 66,568 | — |
SIGNATURE
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 hereunto duly authorized.
SEAGEN INC. | ||||||
Date: June 1, 2023 | By: | /s/ Jean I. Liu | ||||
Jean I. Liu | ||||||
Chief Legal Officer |
Document and Entity Information |
May 31, 2023 |
---|---|
Cover [Abstract] | |
Amendment Flag | false |
Entity Central Index Key | 0001060736 |
Document Type | 8-K |
Document Period End Date | May 31, 2023 |
Entity Registrant Name | Seagen Inc. |
Entity Incorporation State Country Code | DE |
Entity File Number | 0-32405 |
Entity Tax Identification Number | 91-1874389 |
Entity Address, Address Line One | 21823 30th Drive SE |
Entity Address, City or Town | Bothell |
Entity Address, State or Province | WA |
Entity Address, Postal Zip Code | 98021 |
City Area Code | (425) |
Local Phone Number | 527-4000 |
Written Communications | false |
Soliciting Material | false |
Pre Commencement Tender Offer | false |
Pre Commencement Issuer Tender Offer | false |
Security 12b Title | Common Stock, par value $0.001 |
Trading Symbol | SGEN |
Security Exchange Name | NASDAQ |
Entity Emerging Growth Company | false |
M-8?20$3;8T.P6BP^0"X99K>]9!:G
5&.3X#Z/6LJ3HHVY4/\T+R;%AZ$B^8I]F"^;IKE>[N 5I&@2ROG73S7;.CR2L,!Z+,0Q$U\-.BU"X,G1A3*4
M!7>VD_98I5RYTV:?.5]5@)Z&8"5!]Q&E=X-'TF5>\$"XCMY_ JNZ6O)56DN)
M(NEQ#V>82YCNB/DNB,B0>!E;Z1ZB%\(NL"O&(/KKL4D
M/#B$=@2A_B@IZP4>$(GOH87GB%(E.9",D<_,9P),6-N'=X?:RS@KV 4]K ^-
MI0)7?7;,;%LQ,6NR*:%AIJ)C\U&XF2C=>G[GK"NI.RC_?+3015]FR_X0/()Y
M1>]@Z,?@3[YXL>X&@=>E,*<12"!RN7Y8+A_-F[M5N'\6II/I&24O7I1F]JD
MJM#\ :D&4+"5(KN9@A" DM*+,8S23',A1U8AZ3YZ8;8);.@UYX50#H3VPW%
MM@.FV@&&^W=?P,Z!L?.^8YF=, .:UMR8%]B51M\JT[QE)W9_(MM36=Y$LE>V
M9I?-@F[Q0PK59$JP326X%@SM-NZ%5#M8<'D65[W>YHCT&U*&E9()7,L[*;8E
M$K_*XJ^A0&[>/NA^V*X*Z38S)=J3$K6E'#*1J=(KJU*)Y4(!R6O;FBH8MP.-<4,7S=KZOH^!
MOIP2R*QF>'IHELTX!"3:2FNF< H)D_>^QX:" )8&1 JI"V,3^&\3OUXSWDQD
MF10*X4[E'*"&I#:1+U$*S([8L&]LE1IYA?##EZ[$U:,STD;1Q!0KP>W,D