Docoh
Loading...

PDLI PDL Biopharma

Employees

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

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



On August 19, 2020, the Company held its virtual 2020 Annual Meeting of Stockholders. At the annual meeting, the Company’s stockholders: (i) elected each of David W. Gryska and Elizabeth G. O’Farrell to the Company’s Board of Directors (the “Board”) for a term of three years, (ii) ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent auditors for the fiscal year ending December 31, 2020, (iii) approved the liquidation and dissolution of the Company pursuant to the plan of dissolution, (iv) approved an amendment to the Company’s Restated Certificate of Incorporation to declassify the Board, (v) approved, on an advisory basis, the compensation of the Company’s named executive officers as disclosed in the Company’s proxy statement and (vi) approved a stockholder proposal to declassify the Board.




Represented in person or by proxy at the annual meeting were 92,899,298 shares of the Company’s common stock, or 81.53% of the total number of shares outstanding as of the record date. The results of the matters submitted to a stockholder vote at the annual meeting were as follows.




1. Election of Directors:




NameForAgainstAbstainBroker Non-Votes
David W. Gryska75,312,7122,628,638143,30714,814,641
Elizabeth G. O’Farrell73,612,6674,333,396138,59414,814,641





2. Ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2020:




ForAgainstAbstain
92,143,177546,041210,080





3. Approve the liquidation and dissolution of the Company (the Dissolution) pursuant to the Plan of Dissolution (the Plan of Dissolution), which, if approved, will authorize the Company to liquidate and dissolve the Company in accordance with the Plan of Dissolution:




ForAgainstAbstainBroker Non-Votes
77,493,370425,581165,70614,814,641





4. Approve an amendment to the Company’s Restated Certificate of Incorporation to declassify the Board of Directors:




ForAgainstAbstainBroker Non-Votes
76,627,065786,011671,58114,814,641





5. Approve, on an advisory basis, the compensation of the Company’s named executive officers as disclosed in the Company’s proxy statement:




ForAgainstAbstainBroker Non-Votes
71,182,7526,310,505591,40014,814,641











6. Consider and act upon a stockholder proposal to declassify the Board of Directors, if properly presented at the Annual Meeting:




ForAgainstAbstainBroker Non-Votes
47,924,62528,538,5361,621,49614,814,641