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TLGT Teligent

Employees

Data from SEC filings
Employee count
CEO pay ratio
CEO Salary
Median Employee Salary

ESG framework mentions

In last year of SEC filings
Sustainability Accounting Standards Board (SASB)
No mentions
Global Reporting Initiative (GRI)
No mentions
Task Force on Climate-related Financial Disclosures (TCFD)
No mentions
UN Sustainable Development Goals (SDGs)
No mentions

Shareholder alignment

Proxy contests and exempt solicitations in last 3 years

No recent proxy contest or exempt solicitation filings from shareholders.

Vote support at last AGM


(a) On July 21, 2021, Teligent, Inc. (the “Company”) held its annual meeting of stockholders (the “Annual Meeting”). At the Annual Meeting, the holders of 53,944,510 shares of the Company’s common stock were present in person or represented by proxy, which represents 58.12% of the total shares of outstanding common stock entitled to vote as of the record date of May 17, 2021.

(b) The following actions were taken at the Annual Meeting:

(1)The following six nominees were elected to serve on the Company’s Board of Directors (the “Board”) until the Company’s 2022 annual meeting of stockholders or until their respective successors have been elected and qualified, or until their earlier resignation or removal:


Name of Director
Nominee
Votes ForVotes WithheldBroker Non-Vote
Carole S. Ben-Maimon31,025,8057,009,85215,908,853
John Celentano30,890,6147,145,04315,908,853
William S. Marth33,076,4214,959,23615,908,853
R. Carter Pate33,122,6814,912,97615,908,853
Thomas J. Sabatino30,790,7347,244,92315,908,853
Timothy B. Sawyer33,088,3114,947,34615,908,853


(2)The Certificate of Amendment to the Amended and Restated Certification of Incorporation of the Company (the “Reverse Stock Split Charter Amendment”) to effect a reverse stock split of the common stock of the Company at a ratio to be determined by the Board within a range of between one-for-three and one-for-five, and publicly announced by the Company prior to the effectiveness of the Reverse Stock Split Charter Amendment did not pass as it did not receive the affirmative vote of the holders of a majority of the issued and outstanding voting power of all common stock entitled to vote. The following are the votes for this proposal:


Votes ForVotes AgainstAbstentions
46,626,49511,027,443290,572


(3)(a) The Second Amended and Restated Certificate of Incorporation of the Company (the “Proposed Amended and Restated Certificate of Incorporation”), which includes the changes in proposals 3(b), 3(c) and 3(d) below as separate proposals, did not pass as it did not receive the affirmative vote of the holders of a majority of the issued and outstanding voting power of all common stock entitled to vote. The following are the votes for this proposal:


Votes ForVotes AgainstAbstentionsBroker Non-Vote
27,744,0179,059,3911,232,24915,908,853


(b) Grant to the Board of Directors sole authority to determine the size of the Board of Directors and to fill vacancies and newly created directorships on the Board of Directors did not pass as it did not receive the affirmative vote of the holders of a majority of the issued and outstanding voting power of all common stock entitled to vote. The following are the votes for this proposal:

Votes ForVotes AgainstAbstentionsBroker Non-Vote
24,863,85712,821,261350,53915,908,853


(c) Elimination of the ability of stockholders to act by written consent or electronic transmission did not pass as it did not receive the affirmative vote of the holders of a majority of the issued and outstanding voting power of all common stock entitled to vote. The following are the votes for this proposal:

Votes ForVotes AgainstAbstentionsBroker Non-Vote
21,917,21915,719,790398,64815,908,853


d) Elimination of the rights of holders of our common stock to vote on any amendment that relates solely to the terms of one or more outstanding series of our preferred stock if the holders of such affected series are entitled, either separately or together with the holders of one or more other such series, to vote thereon did not pass as it did not receive the affirmative vote of the holders of a majority of the issued and outstanding voting power of all common stock entitled to vote. The following are the votes for this proposal:

Votes ForVotes AgainstAbstentionsBroker Non-Vote
21,789,21115,762,074484,37115,908,853


(4)The 2021 Omnibus Incentive Plan did receive the affirmative vote of the holders of a majority of the votes cast in person or by proxy; however, the proposal did not pass as it was conditioned upon the effectiveness of the Reverse Stock Split Charter Amendment (which did not pass). The following are the votes for this proposal:


Votes ForVotes AgainstAbstentionsBroker Non-Vote
24,749,13713,022,030264,49115,908,853


(5)The compensation of the Company’s named executive officers, as disclosed in the Company’s proxy statement, was approved by an advisory vote of a majority of the total votes cast in person or by proxy. The following are the votes for this proposal:


Votes ForVotes AgainstAbstentionsBroker Non-Vote
28,689,7178,233,9881,111,95215,908,853


(6)The selection of Grassi & Co. CPAs, P.C. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2021 was ratified by a majority of the total votes cast in person or by proxy, The following are the votes for this proposal:


Votes ForVotes AgainstAbstentions
50,236,4682,982,155725,887