secwatch.observer — SEC 8-K summary
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Issuer:     ELI LILLY & Co (LLY)
CIK:        0000059478
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0000059478-22-000138
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 3.03, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lilly shareholders approve bylaw amendment power; classified board/supermajority proposals fail
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- Shareholders approved amendment to allow bylaw amendments by majority vote of outstanding shares (669M for, 113M against).
- Proposals to eliminate classified board and supermajority voting failed, each short of 80% required (approx. 69% for).
- Say-on-pay advisory vote passed with 737.9M for; Ernst & Young ratified as auditor for 2022.
- Independent board chair and three lobbying disclosure shareholder proposals all defeated.
- Three director nominees elected: Alvarez, Johnson, Luciano (each with over 746M for).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/59478/000005947822000138/0000059478-22-000138-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/59478/000005947822000138/lly-20220502.htm
  HTML page:      https://secwatch.observer/filing/0000059478-22-000138

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer