other material
confidence high
sentiment neutral
materiality 0.45
Stockholders approve amendment to Stock Incentive Plan, increasing authorized shares by 2.35M
CHEESECAKE FACTORY INC
- Shareholders approved First Amendment to Stock Incentive Plan, raising authorized shares from 4.8M to 7.15M.
- Individual annual limits increased: options/SARs to 600,000; restricted stock/units to 300,000 per employee.
- All 10 director nominees elected with >93% approval; Jerome Kransdorf re-elected as Lead Director.
- Ratification of independent auditor (Deloitte) passed with 99.8% support; advisory pay vote approved with 98.3%.