8-K
filed June 2, 2023, 7:59 PM ET
ticker SGMO
CIK 0001001233
other material
confidence high
sentiment neutral
materiality 0.55
Sangamo shareholders approve doubling authorized common stock to 640M and 10M share increase to equity plan
SANGAMO THERAPEUTICS, INC
- Authorized common stock increased from 320M to 640M shares; filings made June 2, 2023.
- 2018 Equity Incentive Plan amended to add 10M shares; max incentive stock options raised to 73.2M shares.
- Amendment adopted to limit officer monetary liability for breach of fiduciary duty under Delaware law.
- All nine director nominees elected; advisory Say-on-Pay approved with 87.4% of votes cast For.
- Advisory vote on executive compensation frequency set to every year going forward.
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
SANGAMO THERAPEUTICS, INC: Increased authorized common stock from 320,000,000 to 640,000,000 shares (effective 2023-06-02).
- Change
- charter amendment
- Effective
- 2023-06-02
Exact text from the filing
an amendment to the Seventh Amended and Restated Certificate of Incorporation, as amended (the “Prior Restated Certificate”), to increase the total number of shares of common stock authorized for issuance from 320,000,000 shares to 640,000,000 shares (the “Common Increase Certificate”)
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
SANGAMO THERAPEUTICS, INC: Added officer exculpation provision eliminating or limiting monetary liability for breach of fiduciary duty (effective 2023-06-02).
- Change
- charter amendment
- Effective
- 2023-06-02
Exact text from the filing
an amendment of the Prior Restated Certificate to provide for the elimination or limitation of monetary liability of officers of the Company for breach of fiduciary duty pursuant to and consistent with the DGCL (the “Officer Exculpation Certificate”)
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
SANGAMO THERAPEUTICS, INC shareholders approved Approval of Amendment to Prior Restated Certificate to Increase Authorized Number of Shares of Common Stock.
- Proposal
- charter amendment
- Outcome
- passed
Exact text from the filing
Proposal 5: Approval of Amendment to Prior Restated Certificate to Increase Authorized Number of Shares of Common Stock: For Against Abstain 129,592,706 10,609,160 1,346,754
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
SANGAMO THERAPEUTICS, INC shareholders approved Approval of the Amended 2018 Plan.
- Proposal
- equity plan
- Outcome
- passed
Exact text from the filing
Proposal 4: Approval of the Amended 2018 Plan: For Against Abstain Broker Non-Votes 107,945,255 11,334,715 414,700 21,853,950
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
SANGAMO THERAPEUTICS, INC shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm.
- Proposal
- auditor ratification
- Outcome
- passed
Exact text from the filing
Proposal 7: Ratification of Appointment of Independent Registered Public Accounting Firm: For Against Abstain 135,630,865 4,026,854 1,890,901
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
SANGAMO THERAPEUTICS, INC shareholders approved Approval, on an Advisory Basis, as to Whether the Advisory Stockholder Vote to Approve the Compensation of the Named Executive Officers Shall Occur Every Year, Once Every Two Years, or Once Every Three Years.
- Proposal
- say on pay frequency
- Outcome
- passed
Exact text from the filing
Proposal 3: Approval, on an Advisory Basis, as to Whether the Advisory Stockholder Vote to Approve the Compensation of the Named Executive Officers Shall Occur Every Year, Once Every Two Years, or Once Every Three Years: 1 Year 2 Years 3 Years Abstain Broker Non-Votes 114,444,618 586,929 3,759,057 904,066 21,853,950
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
SANGAMO THERAPEUTICS, INC shareholders approved Election of Directors.
- Proposal
- director election
- Outcome
- passed
Exact text from the filing
Proposal 1: Election of Directors: Each of the nominees for director listed in the Proxy Statement was elected by the votes set forth below: Name of Director For Against Abstain Broker Non-Votes Courtney Beers, Ph.D. 114,201,883 4,832,832 659,955 21,853,950 Robert F. Carey 113,101,718 5,922,892 670,060 21,853,950 Kenneth J. Hillan, M.B. 103,446,058 15,594,941 653,671 21,853,950 Margaret A. Horn, J.D. 113,858,717 5,170,548 665,405 21,853,950 Alexander D. Macrae, M.B., Ch.B., Ph.D. 113,360,223 5,647,730 686,717 21,853,950 John H. Markels, Ph.D. 107,674,614 11,367,958 652,098 21,853,950 James R. Meyers 113,376,518 5,642,044 676,108 21,853,950 H. Stewart Parker 95,877,540 23,150,147 666,983 21,853,950 Karen L. Smith, M.D., Ph.D., M.B.A., L.L.M. 113,656,657 5,427,258 610,755 21,853,950
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
SANGAMO THERAPEUTICS, INC shareholders approved Approval of Amendment to Prior Restated Certificate to Reflect New Delaware Law Provisions Regarding Officer Exculpation.
- Proposal
- charter amendment
- Outcome
- passed
Exact text from the filing
Proposal 6: Approval of Amendment to Prior Restated Certificate to Reflect New Delaware Law Provisions Regarding Officer Exculpation: For Against Abstain Broker Non-Votes 105,691,211 13,209,632 793,827 21,853,950
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
SANGAMO THERAPEUTICS, INC shareholders approved Approval, on an Advisory Basis, of the Compensation of the Named Executive Officers as Disclosed in the Proxy Statement.
- Proposal
- say on pay
- Outcome
- passed
Exact text from the filing
Proposal 2: Approval, on an Advisory Basis, of the Compensation of the Named Executive Officers as Disclosed in the Proxy Statement: For Against Abstain Broker Non-Votes 104,650,679 14,402,362 641,629 21,853,950
View on SEC.gov
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