secwatch.observer — SEC 8-K summary
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Issuer:     PACIFIC BIOSCIENCES OF CALIFORNIA, INC. (PACB)
CIK:        0001299130
Form:       8-K
Filed at:   2023-05-26T23:59:59+00:00
Accession:  0001299130-23-000070
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Pacific Biosciences stockholders reject classified board retention in advisory vote
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- Elected Class I directors Henry, Milligan, Shapiro with >178M votes each for three-year terms.
- Ratified Ernst & Young as independent auditor for FY2023 (218.3M for, 622.6K against).
- Advisory say-on-pay approved with 178.1M votes for, 14.6M against.
- Say-on-pay frequency: 1 year preferred (134.2M votes) over 3 years (58.3M).
- Advisory vote on retaining classified board: 136.3M against, 32.3M for, with 24.3M abstentions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1299130/000129913023000070/0001299130-23-000070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1299130/000129913023000070/pacb-20230524.htm
  HTML page:      https://secwatch.observer/filing/0001299130-23-000070

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer