UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
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Securities registered pursuant to Section 12(b) of the Act:
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| Ordinary Shares, par value NIS0.01 per share |
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 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(e)
On September 7, 2023, UroGen Pharma Ltd. (the “Company”) held its 2023 Annual Meeting of Shareholders (the “Annual Meeting”). At the Annual Meeting, the Company’s shareholders approved an amendment to the Company’s 2017 Equity Incentive Plan (the “2017 Plan” and the 2017 Plan, as amended, the “2017 Amended Plan”) to increase the number of ordinary shares authorized for issuance under the plan by 450,000 shares. The 2017 Amended Plan was previously approved, subject to shareholder approval, by the Board on July 27, 2023.
| Item 5.07 | Submission of Matters to a Vote of Security Holders. |
At the Annual Meeting, 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. The voting results are set forth below.
Proposal 1 – Election of Directors
The shareholders elected the following eight individuals to serve as directors until the Company’s next annual meeting of shareholders and until their successors are elected. There were no nominees other than those listed below. The voting results are as follows:
| Name | Votes For | Votes Withheld | Broker Non-Votes | |||||
| Arie Belldegrun, M.D., FACS |
15,375,490 | 1,446,630 | 5,728,289 | |||||
| Elizabeth Barrett |
16,643,305 | 178,815 | 5,728,289 | |||||
| Cynthia M. Butitta |
16,547,666 | 274,454 | 5,728,289 | |||||
| Fred E. Cohen, M.D. |
16,784,814 | 37,306 | 5,728,289 | |||||
| Stuart Holden, M.D. |
16,791,776 | 30,344 | 5,728,289 | |||||
| James A. Robinson, Jr. |
16,796,331 | 25,789 | 5,728,289 | |||||
| Leana S. Wen, M.D., M.Sc. |
16,795,107 | 27,013 | 5,728,289 | |||||
| Daniel Wildman |
16,796,230 | 25,890 | 5,728,289 | |||||
Proposal 2 – 2017 Amended Plan.
The shareholders approved the 2017 Amended Plan. The voting results are as follows:
| Votes For |
Votes Against |
Abstentions |
Broker Non-Votes | |||
| 13,600,563 | 3,210,096 | 11,461 | 5,728,289 |
Proposal 3 – Performance Stock Units
The shareholders approved a grant of Performance Stock Units to the Company’s Chief Executive Officer under the 2017 Amended Plan. The voting results are as follows:
| Votes For |
Votes Against |
Abstentions |
Broker Non-Votes | |||
| 13,115,279 | 3,363,390 | 343,451 | 5,728,289 |
The above voting results for Proposal 3 includes 326,941 “FOR” votes by Elizabeth Barrett, who has a “personal interest” in the proposal under the Israeli Companies Law 759-1999, as amended from time to time, and the regulations promulgated thereunder.
Proposal 4 - Advisory vote on the compensation of the Company’s named executive officers.
On an advisory basis, the shareholders approved the compensation paid to the Company’s named executive officers, as disclosed in the Company’s proxy statement for the Annual Meeting. The voting results are as follows:
| Votes For |
Votes Against |
Abstentions |
Broker Non-Votes | |||
| 13,668,197 | 3,118,618 | 35,305 | 5,728,289 |
Proposal 5 - Engagement of PricewaterhouseCoopers LLP as independent auditor.
The shareholders approved the engagement of PricewaterhouseCoopers LLP as the Company’s independent auditor until the Company’s 2024 annual meeting of shareholders. The voting results are as follows:
| Votes For |
Votes Against |
Abstentions |
Broker Non-Votes | |||
| 22,507,002 | 16,731 | 26,676 | 0 |
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: September 11, 2023 | UROGEN PHARMA LTD. | |||||
| By: | /s/ Don Kim | |||||
| Don Kim | ||||||
| Chief Financial Officer | ||||||