UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Item 5.07. Submission of Matters to a Vote of Security Holders.
The Company held its annual meeting of stockholders (the “Annual Meeting”) on December 30, 2021. On November 1, 2021, the record date for the Annual Meeting, there were 9,864,158 shares of Titan common stock entitled to be voted at the Annual Meeting. At the meeting, 42.68% of such shares were represented in person or by proxy.
The final results for each of the matters submitted to a vote of Titan’s stockholders at the Annual Meeting are as follows:
1. | Election of Directors |
Stockholders elected all of the seven nominees for director for one-year terms expiring on the next annual meeting of stockholders. The voting results were as follows:
FOR | WITHHELD | |||||||
Joseph A. Akers | 1,418,748 | 251,956 | ||||||
Katherine Beebe DeVarney | 1,420,212 | 250,492 | ||||||
M. David MacFarlane | 1,424,629 | 246,075 | ||||||
James McNab, Jr. | 1,415,708 | 254,996 | ||||||
Marc Rubin | 1,425,506 | 245,198 |
2. | Ratification of Independent Registered Public Accounting Firm |
Stockholders ratified the reappointment of WithumSmith+Brown, PC to serve as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2021. The voting results were as follows:
FOR | AGAINST | ABSTAIN | ||
3,827,382 | 176,572 | 206,212 |
3. | Advisory Vote on Executive Compensation |
Stockholders approved the compensation of the Company’s named executive officers for the year ended December 31, 2018 as disclosed in the proxy statement. The voting results were as follows:
FOR | AGAINST | ABSTAIN | ||
1,141,408 | 417,492 | 111,804 |
4. | Advisory Vote on the Frequency of Advisory Votes on Executive Compensation |
Stockholders approved the holding of an advisory vote on executive compensation every two year. The voting results were as follows:
Every one year | Every two years | Every three years | ||
623,815 | 1,226,546 | 404,563 |
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.
Dated: December 30, 2021 | TITAN PHARMACEUTICALS, INC. | |
By: | /s/ Kate Beebe DeVarney, Ph.D | |
Name: Kate Beebe DeVarney, Ph.D. | ||
Title: President and Chief Operating Officer |