8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 3, 2019

 

 

UROGEN PHARMA LTD.

(Exact name of registrant as specified in its charter)

 

 

 

Israel   001-38079   98-1460746

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

499 Park Avenue

New York, New York

  10022
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (646) 768-9780

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

  

Trading

Symbol(s)

  

Name of each exchange

on which registered

Ordinary Shares,

par value NIS 0.01 per share

   URGN    The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 

 


Item 5.07 Submission of Matters to a Vote of Security Holders.

(a)(b)(c)

UroGen Pharma Ltd. (the “Company”) held its 2019 Annual Meeting of Shareholders on June 3, 2019. The Company’s shareholders voted on the proposals listed below, each of which was described in the Company’s proxy statement for the Annual Meeting.

Proposal No. 1Election of Directors

The Company’s shareholders elected the following eight individuals to serve as directors until the next annual meeting of shareholders and until their successors are elected. There were no nominees other than those listed below. The voting results were as follows:

 

Name

 

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

Arie Belldegrun

  12,483,978     33,999   106,919   3,903,479

Elizabeth Barrett

  11,907,862   609,916   107,118   3,903,479

Cynthia M. Butitta

  12,488,469     27,809   108,618   3,903,479

Fred E. Cohen

  12,412,940   103,338   108,618   3,903,479

Kathryn E. Falberg

  12,319,649   198,129   107,118   3,903,479

Stuart Holden

  12,466,575     51,203   107,118   3,903,479

Ran Nussbaum

  12,371,167   146,611   107,118   3,903,479

Shawn C. Tomasello

  12,479,279     38,499   107,118   3,903,479

Proposal No. 2Vote on our amended and restated compensation policy for office holders.

The shareholders voted to approve an amendment to the Company’s compensation policy for office holders. The voting results were as follows:

 

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

8,287,159

  3,786,720   551,017   3,903,479

Proposal No. 3Vote on additional director cash compensation payment to Arie Belldegrun, M.D., FACS.

The shareholders voted to approve additional director cash compensation to Arie Belldegrun, M.D., FACS. The voting results were as follows:

 

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

7,952,604

  4,127,707   544,585   3,903,479

Proposal No. 4Vote on a grant of options to Shawn C. Tomasello.

The shareholders voted to approve a grant of options to Shawn C. Tomasello. The voting results were as follows:

 

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

7,455,784

  4,615,130   553,982   3,903,479


Proposal No. 5Vote on terms of employment for and a grant of options and restricted stock units to Elizabeth Barrett.

The shareholders voted to approve the terms of employment for and a grant of options and restricted stock units to Elizabeth Barrett. The voting results were as follows:

 

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

8,173,052

 

3,897,944

 

553,900

 

3,903,479

Proposal No. 6Vote on terms of employment for and a grant of options and restricted stock units to Stephen L. Mullennix.

The shareholders voted to approve the terms of employment for and a grant of options and restricted stock units to Stephen L. Mullennix. The voting results were as follows:

 

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

8,329,999

  3,742,497   552,400   3,903,479

Proposal No. 7Vote on 2018 annual goals and objectives cash bonus payment to Ron Bentsur.

The shareholders voted to approve the 2018 annual goals and objectives cash bonus payment to Ron Bentsur. The voting results were as follows:

 

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

8,321,444

  3,746,092   557,360   3,903,479

Proposal No. 8Vote on 2018 annual goals and objectives cash bonus payment to Stephen L. Mullennix.

The shareholders voted to approve the 2018 annual goals and objectives cash bonus payment to Stephen L. Mullennix. The voting results were as follows:

 

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

11,869,420

  200,016   555,460   3,903,479

Proposal No. 9Advisory vote on the compensation of our named executive officers.

The shareholders approved, on an advisory basis, the compensation paid to the Company’s named executive officers. The voting results were as follows:

 

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

8,188,318

  3,882,218   554,360   3,903,479

Proposal No. 10Advisory vote on the preferred frequency of shareholder advisory votes on the compensation of our named executive officers.

The shareholders recommended, on an advisory basis, that the frequency of the advisory vote on the compensation of the Company’s named executive officers occur every year. The voting results were as follows:


1 Year

 

2 Years

 

3 Years

 

Abstain

 

Broker Non-Votes

12,060,030

  3,373   29,197   532,296   3,903,479

Based on these results, the Company’s Board of Directors has determined that an advisory vote on executive compensation will be submitted to stockholders on an annual basis until the next required advisory vote on the frequency of stockholder votes on executive compensation.

Proposal No. 11Ratification of Appointment of Independent Registered Public Accountants.

The shareholders ratified the appointment of Kesselman & Kesselman, Certified Public Accountants (Israel), an independent registered public accounting firm and a member firm of PricewaterhouseCoopers International Limited, as the Company’s independent auditor for the year ending December 31, 2019. The voting results were as follows:

 

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

16,353,106

  164,679   10,590  

Brokers were entitled to cast votes on this proposal without voting instructions from the beneficial owners of the shares. As a result, there were no broker non-votes with respect to this proposal.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: June 7, 2019

 

UROGEN PHARMA LTD.

  By:  

/s/ Peter Pfreundschuh

    Peter Pfreundschuh
    Chief Financial Officer