First Solar adopts proxy access and updates bylaws for universal proxy rules

FIRST SOLAR, INC.

Board approved Amended & Restated Bylaws effective July 20, 2023.
Proxy access allows stockholder(s) with ≥3% stake held ≥3 years to nominate up to 2 directors or 20% of Board.
Bylaws updated for SEC universal proxy card rules (Rule 14a-19) with new nomination disclosure and solicitation requirements.
Stockholders soliciting proxies must use a proxy card color other than white.

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

FIRST SOLAR, INC.: Amended and restated bylaws to update director nomination procedures, add proxy access, and make other technical changes (effective 2023-07-20).

Change: bylaw amendment
Effective: 2023-07-20

Exact text from the filing

On July 20, 2023, the Board of Directors (the “Board”) of First Solar, Inc. (the “Company”) amended and restated the Company’s Amended and Restated Bylaws (as amended and restated, the “A&R Bylaws”), which became effective the same day.

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FIRST SOLAR, INC. filing history →

Source: SEC EDGAR

accession 0001274494-23-000019

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