Piper Sandler shareholders approve 1.5M share increase in incentive plan and officer exculpation amendment

PIPER SANDLER COMPANIES

Shareholders approved amendment to 2003 Incentive Plan, increasing shares from 9.4M to 10.9M (10,119,677 for, 4,628,423 against).
Amendment to certificate of incorporation to add officer exculpation under Delaware law approved (13,121,817 for, 1,619,906 against).
All 10 director nominees elected with votes ranging from 14.1M to 14.6M; broker non-votes of 921,015.
Advisory say-on-pay passed (14,308,346 for); board will hold future say-on-pay votes annually.
Ratification of Ernst & Young as auditor for FY2023 approved (15,335,631 for).

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

PIPER SANDLER COMPANIES: Shareholders approved an amendment to the Amended and Restated Certificate of Incorporation to add officer exculpation provisions permitted under new Delaware law (effective 2023-05-18).

Change: charter amendment
Effective: 2023-05-18

Exact text from the filing

On May 17, 2023, the Company’s shareholders approved an amendment to the Company’s Amended and Restated Certificate of Incorporation to reflect new Delaware law provisions regarding officer exculpation

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PIPER SANDLER COMPANIES filing history →

Source: SEC EDGAR

accession 0001104659-23-062270

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