UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(e)
On August 6, 2024, UroGen Pharma Ltd. (the “Company”) held its 2024 Annual Meeting of Shareholders (the “Annual Meeting”). At the Annual Meeting, the Company’s shareholders approved (i) the Company’s 2024 Non-Employee Director and Officer Compensation Policy (the “2024 Compensation Policy”) and (ii) 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 800,000 shares. The 2024 Compensation Policy and the 2017 Amended Plan were previously approved, subject to shareholder approval, by the Company’s Board of Directors on June 14, 2024. A summary of the principal features of the 2024 Compensation Policy and the 2017 Amended Plan are set forth under the headings “Proposal 2—To Approve the Company’s 2024 Non-Employee Director and Officer Compensation Policy” and “Proposal 3—To Approve an Amendment to the Company’s 2017 Equity Incentive Plan” contained in the Company’s definitive proxy statement on Schedule 14A, filed with the Securities and Exchange Commission on July 1, 2024. The summaries are qualified in their entirety by reference to the 2024 Compensation Policy and the 2017 Amended Plan, filed as Exhibits 10.1 and 10.2 to this report.
| 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 |
24,210,538 | 2,096,113 | 6,748,640 | |||||||||
| Elizabeth Barrett |
26,265,811 | 40,840 | 6,748,640 | |||||||||
| Cynthia M. Butitta |
25,614,657 | 691,994 | 6,748,640 | |||||||||
| Fred E. Cohen, M.D., D.Phil. |
25,753,702 | 552,949 | 6,748,640 | |||||||||
| Stuart Holden, M.D. |
25,594,793 | 711,858 | 6,748,640 | |||||||||
| James A. Robinson, Jr. |
26,184,412 | 122,239 | 6,748,640 | |||||||||
| Leana S. Wen, M.D., M.Sc. |
26,092,046 | 214,605 | 6,748,640 | |||||||||
| Daniel G. Wildman |
26,274,644 | 32,007 | 6,748,640 | |||||||||
Proposal 2 - 2024 Compensation Policy.
The shareholders approved the 2024 Compensation Policy. The voting results are as follows:
| Votes For |
Votes Against |
Abstentions |
Broker Non-Votes | |||
| 22,359,904 | 3,433,075 | 513,672 | 6,748,640 |
Proposal 3 - 2017 Amended Plan.
The shareholders approved the 2017 Amended Plan. The voting results are as follows:
| Votes For |
Votes Against |
Abstentions |
Broker Non-Votes | |||
| 22,707,108 | 3,050,813 | 548,730 | 6,748,640 |
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 | |||
| 22,609,477 | 3,143,555 | 553,619 | 6,748,640 |
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 2025 annual meeting of shareholders. The voting results are as follows:
| Votes For |
Votes Against |
Abstentions |
Broker Non-Votes | |||
| 33,039,893 | 8,345 | 7,053 | 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.
| Item 9.01 | Financial Statements and Exhibits. |
(d)
| Exhibit Number |
Description | |
| 10.1 | UroGen Pharma Ltd. 2024 Non-Employee Director and Officer Compensation Policy | |
| 10.2 | UroGen Pharma Ltd. 2017 Equity Incentive Plan | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |
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: August 8, 2024 | UROGEN PHARMA LTD. | |||||
| By: | /s/ Don Kim | |||||
| Don Kim | ||||||
| Chief Financial Officer | ||||||