8-K
filed June 26, 2023, 7:59 PM ET
ticker PEGA
CIK 0001013857
other material
confidence high
sentiment neutral
materiality 0.40
Pegasystems shareholders approve all proposals at 2023 annual meeting; notable opposition to director Weber and LTIP
PEGASYSTEMS INC
- Larry Weber re-elected with 49.9M for, 19.7M against, 4.8M non-votes.
- Say-on-pay passed with 58.5M for, 11.1M against (84% support).
- Amended long-term incentive plan approved: 50.1M for, 19.5M against.
- Employee stock purchase plan and auditor ratification passed overwhelmingly.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PEGASYSTEMS INC shareholders approved Election of seven nominees to serve on the Board of Directors until 2024 Annual Meeting at the 2023-06-20 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-06-20
Exact text from the filing
Each nominee for director was elected by a vote of shareholders as follows Peter Gyenes
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PEGASYSTEMS INC shareholders approved Advisory vote on compensation of named executive officers at the 2023-06-20 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-06-20
Exact text from the filing
The compensation of the Company’s named executive officers was approved by a vote of shareholders as follows: Executive Compensation FOR 58,474,415 AGAINST 11,061,731 ABSTAIN 86,171 NON VOTES 4,770,658
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PEGASYSTEMS INC shareholders approved Approval of amended and restated Pegasystems Inc. 2006 Employee Stock Purchase Plan at the 2023-06-20 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2023-06-20
Exact text from the filing
Employee Stock Purchase Plan FOR 69,498,288 AGAINST 31,298 ABSTAIN 92,731 NON VOTES 4,770,658
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PEGASYSTEMS INC shareholders approved Approval of amended and restated Pegasystems Inc. 2004 Long-Term Incentive Plan at the 2023-06-20 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2023-06-20
Exact text from the filing
Long-Term Incentive Plan FOR 50,050,882 AGAINST 19,474,414 ABSTAIN 97,021 NON VOTES 4,770,658
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PEGASYSTEMS INC shareholders approved Ratification of Deloitte & Touche LLP as independent registered public accounting firm for 2023 at the 2023-06-20 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-06-20
Exact text from the filing
Auditors FOR 72,907,377 AGAINST 1,403,830 ABSTAIN 81,768
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PEGASYSTEMS INC shareholders approved Advisory vote on frequency of say-on-pay (every 1, 2, or 3 years) at the 2023-06-20 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-06-20
Exact text from the filing
The frequency of the shareholder advisory vote on the compensation of our named executive officers was approved by a vote of shareholders as follows: Frequency of Executive Compensation Vote 1 YEAR 69,420,808 2 YEARS 4,690 3 YEARS 184,782 ABSTAIN 12,037 NON VOTES 4,770,658
View on SEC.gov
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