Vericel adopts deferred comp plan; shareholders reelect directors at annual meeting

Vericel Corp

Board adopted Vericel Corporation Deferred Compensation Plan effective May 3, 2023.
Plan allows Directors and select management to defer up to 100% of base salary, bonus, cash director fees, and RSUs.
All eight director nominees elected with votes ranging from 35.4M to 40.2M in favor.
Non-binding advisory vote on executive compensation approved: 38.4M for, 3.2M against, 150K abstentions.
Ratification of PwC as independent auditor for FY2023 approved: 42.4M for, 1.8M against, 205K abstentions.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Vericel Corp shareholders approved Ratification of appointment of PricewaterhouseCoopers LLP as independent auditor at the 2023-05-03 meeting.

Proposal: auditor ratification
Outcome: passed
Meeting: 2023-05-03

Exact text from the filing

The votes cast at the Annual Meeting were as follows: Votes For Votes Against Abstentions 42,416,300 1,794,249 205,152

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Vericel Corp shareholders approved Election of eight directors: Robert Zerbe, Alan Rubino, Heidi Hagen, Steven Gilman, Kevin McLaughlin, Paul Wotton, Lisa Wright, and Dominick Colangelo at the 2023-05-03 meeting.

Proposal: director election
Outcome: passed
Meeting: 2023-05-03

Exact text from the filing

Shareholders voted for directors as follows: Nominee For Abstain/Withheld Broker Non-Votes Robert Zerbe 39,486,353 2,268,127 2,661,221 Alan Rubino 37,819,481 3,934,999 2,661,221 Heidi Hagen 35,398,220 6,356,260 2,661,221 Steven Gilman 39,271,987 2,482,493 2,661,221 Kevin McLaughlin 40,156,886 1,597,594 2,661,221 Paul Wotton 38,481,115 3,273,365 2,661,221 Lisa Wright 38,929,385 2,825,095 2,661,221 Dominick Colangelo 40,062,745 1,691,735 2,661,221

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Vericel Corp shareholders approved Advisory vote on executive compensation at the 2023-05-03 meeting.

Proposal: say on pay
Outcome: passed
Meeting: 2023-05-03

Exact text from the filing

The votes cast at the Annual Meeting were as follows: Votes For Votes Against Abstentions Broker Non-Votes 38,363,722 3,240,444 150,314 2,661,221

View on SEC.gov

224 shareholder votes filed in the last 30 days. Browse all shareholder votes →

Vericel Corp filing history →

Source: SEC EDGAR

accession 0001140361-23-023201

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