other_material
confidence high
sentiment negative
materiality 0.65
3D Systems annual meeting: director Drayton fails to win majority; comp modified
3D SYSTEMS CORP
- Director Claudia N. Drayton received 28.7M for vs 33.3M against; not elected.
- All other 8 nominees elected; say-on-pay passed with 55.5M for, 6.6M against.
- Deloitte & Touche ratified as auditor with 85.9M votes for.
- Board cuts annual director equity award to $50K in stock + up to $100K cash due to low share price.
- Only 64.5% of shares voted; broker non-votes were 24.9M on director elections.
item 5.07item 8.01