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
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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:
Securities registered pursuant to Section 12(b) of the Act:
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Trading |
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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.
The 2023 Annual Meeting of Stockholders of Dynavax Technologies Corporation (the “Company”) was held on May 26, 2023 in a virtual meeting format, pursuant to notice duly given (the “Annual Meeting”). Proxies for the Annual Meeting were solicited by the board of directors of the Company (the “Board”) pursuant to Section 14(a) of the Securities Exchange Act of 1934, as amended, and there was no solicitation in opposition to the Board’s solicitations. As of April 3, 2023, the record date for the Annual Meeting, a total of 128,471,773 shares of Common Stock were outstanding and entitled to vote. There were 102,855,038 shares present in person or by proxy, constituting a quorum, at the Annual Meeting, at which the stockholders were asked to vote on four (4) proposals. Set forth below are the matters acted upon by the stockholders, and the final voting results of each such proposal. The proposals are described in detail in the Company’s Proxy Statement.
Proposal 1. Election of Directors
The stockholders elected Daniel L. Kisner, M.D. and Ryan Spencer, as Class II directors of the Company to hold office until the 2026 annual meeting of stockholders or until their respective successors are duly elected and qualified. The voting for each director was as follows:
Nominee |
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Votes Cast For |
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Votes Withheld |
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Broker Non-Votes |
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Daniel L. Kisner, M.D. |
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76,947,354 |
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6,343,307 |
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19,564,377 |
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Ryan Spencer |
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81,975,041 |
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1,315,620 |
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19,564,377 |
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Proposal 2. Advisory Vote on Executive Compensation
The stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers, as disclosed in the Proxy Statement. The votes were as follows:
For |
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Against |
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Abstain |
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Broker Non-Votes |
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76,588,270 |
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6,298,635 |
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403,756 |
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19,564,377 |
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Proposal 3. Ratification of Selection of Independent Registered Public Accounting Firm
The stockholders ratified the selection of Ernst & Young LLP by the Audit Committee of the Board of Directors as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023. The votes were as follows:
For |
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Against |
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Abstain |
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Broker Non-Votes |
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91,793,935 |
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10,915,466 |
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145,637 |
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N/A |
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Proposal 4. Advisory Vote on the Frequency of Solicitation of Advisory Stockholder Approval of Executive Compensation
The stockholders approved, on an advisory basis, the preferred frequency of stockholder advisory votes on the compensation of the Company’s named executive officers to occur once every one year as recommended by the Board of Directors. The votes were as follows:
Every One Year |
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Every Two Years |
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Every Three Years |
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Abstain |
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Broker Non-Votes |
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80,678,723 |
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128,201 |
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2,219,297 |
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264,440 |
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19,564,377 |
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Based on the Board’s recommendation in the Proxy Statement, the voting results on this matter and the Board’s consideration of the appropriate voting frequency for the Company at this time, the Board resolved that the Company will hold an advisory vote on the compensation of named executive officers every year.
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 hereunto duly authorized.
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Dynavax Technologies Corporation |
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Date: |
May 26, 2023 |
By: |
/s/ Kelly MacDonald |
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Kelly MacDonald |