VirnetX Holding Corp filed SEC Form 8-K: Leadership Update, Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits
$VHC
Multi-Sector Companies
Miscellaneous
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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)
(Exact name of registrant as specified in its charter)
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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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(Address of principal executive offices, including zip code)
(775 ) 548-1785
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Indicate by check mark whether the registrant is an emerging growth company as defined in 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.
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Approval of an Amendment to the Amended and Restated 2013 Equity Incentive Plan
On June 13, 2024, VirnetX Holding Corporation (the “Company”) held its 2024 Annual Meeting of Stockholders (the “2024 Annual Meeting”). At the 2024
Annual Meeting, the Company’s stockholders approved an amendment to the Company’s Amended and Restated 2013 Equity Incentive Plan (the “Plan”) to, among other things, increase the number of shares of the Company’s common stock reserved for
issuance under the Plan by 1,000,000 shares.
The foregoing description of the Plan is qualified in its entirety by reference to the full text of the amended and restated Plan, filed as Exhibit 10.1 hereto.
| ITEM 5.07. |
SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
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(a)
Present at the 2024 Annual Meeting in person or by proxy were holders of 2,402,320 shares of the Company’s common stock, representing 65.27% of the voting power
of the shares of the Company’s common stock as of April 19, 2024, the record date for the 2024 Annual Meeting, and constituting a quorum for the transaction of business. The matters that were voted upon at the 2024 Annual Meeting, and the number
of votes cast for, against or withheld, as well as the number of abstentions and broker non-votes as to each such matter, where applicable, are set forth below.
(b)
At the 2024 Annual Meeting, the Company’s stockholders (i) elected the Company’s nominees for two Class II directors, (ii) ratified the appointment of Farber
Hass Hurley LLP as the Company’s independent registered accounting firm for the fiscal year ending December 31, 2024, (iii) approved, on an advisory basis, the compensation of the Company’s named executive officers and (iv) approved an amendment
to the Plan to, among other things, increase the share reserve.
Proposal 1: Election of two Class II directors to serve until the 2027 Annual Meeting of Stockholders:
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Votes For
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Votes Withheld
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Broker Non-Votes
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Thomas M. O’Brien
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1,269,426
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350,087
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782,807
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Votes For
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Votes Withheld
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Broker Non-Votes
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Heidy Chow
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1,307,160
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312,353
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782,807
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Proposal 2: Ratification of the appointment of Farber Hass Hurley LLP as the Company’s independent registered public accounting firm for the
fiscal year ending December 31, 2024:
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Votes For
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Votes Against
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Abstentions
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2,139,269
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234,200
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28,851
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Proposal 3: Advisory vote to approve the compensation of the Company’s named executive officers:
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Votes For
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Votes Against
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Abstentions
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Broker Non-Votes
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1,184,936
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424,264
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10,313
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782,807
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Proposal 4: Approval of the amendment to the Company’s Amended and Restated 2013 Equity Incentive Plan:
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Votes For
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Votes Against
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Abstentions
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Broker Non-Votes
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1,218,796
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384,440
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16,277
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782,807
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| ITEM 9.01. |
FINANCIAL STATEMENTS AND EXHIBITS
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(d) Exhibits.
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Exhibit No.
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Description
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Incorporated by Reference Herein
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Filed
Herewith
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Form
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Exhibit No.
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Filing Date
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File No.
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10.1
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X
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104
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Cover Page Interactive Data File, formatted in inline XBRL.
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X
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SIGNATURE
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.
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VirnetX Holding Corporation
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By:
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/s/ Kendall Larsen
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Kendall Larsen
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Chief Executive Officer
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Dated: June 18, 2024
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