other_material
confidence high
sentiment negative
materiality 0.40
Agenus shareholders reject one-time option exchange and say-on-pay at annual meeting
AGENUS INC
- Directors Corvese and Wright elected with ~5.99M and ~6.86M for votes respectively.
- Equity plan increases approved: EIP from 5.05M to 12.05M shares; other plans also raised.
- Proposal 5 (option exchange) not approved: 4.87M for, 5.82M against, 5.89M broker non-votes.
- Proposal 6 (say-on-pay) not approved: 5.16M for, 5.18M against, 0.47M abstain.
- KPMG ratification passed with 13.62M for versus 2.87M against.
item 5.07