Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Amendment and Restatement of the 2018 Elanco Stock Plan
At the annual meeting of shareholders of
As a result of such shareholder approval, the Amended 2018 Plan was materially amended and changed to increase the shares authorized for issuance under the Amended 2018 Plan by 9,000,000 shares and modify the share provisions to eliminate share recycling for options as well as full value awards (referred to as PAs and RSUs). Any shares withheld to cover exercise price or income tax liability upon exercise will not be eligible for being reissued from the Amended 2018 Plan, and any shares withheld to cover for income tax liability upon vesting will not be eligible for reissuance from the Amended 2018 Plan.
A more complete description of the terms of the Amended 2018 Plan and the
material amendments and modifications thereto can be found in "Notice of Annual
Meeting of Shareholders - Proxy Item No. 4 - Approval of the Amended and
Restated 2018 Elanco Stock Plan, Including an Amendment to Increase the Number
of Shares Authorized for Issuance Thereunder by 9,000,000" (pages 46 through 51)
in Elanco's definitive proxy statement dated
Item 5.07. Submission of Matters to a Vote of Security Holders
Elanco held its annual meeting of shareholders on
Proposal 1. Election of Directors. All of the nominees nominated by the
BROKER NOMINEE FOR AGAINST ABSTAIN NON-VOTES William F. Doyle 311,486,687 83,244,313 559,998 23,044,714 Art A. Garcia 211,799,189 182,927,605 564,204 23,044,714 Denise Scots-Knight 211,010,337 183,724,049 556,612 23,044,714 Jeffrey N. Simmons 248,518,711 146,230,797 541,490 23,044,714
Proposal 2. The shareholders ratified the appointment of
FOR AGAINST ABSTAIN 418,089,811 53,257 192,644
Proposal 3. The shareholders approved, by non-binding vote, the compensation of named executive officers, by the votes set forth in the table below.
BROKER FOR AGAINST ABSTAIN NON-VOTES 382,057,347 12,983,446 250,205 23,044,714
Proposal 4. The shareholders approved the Amended and Restated 2018 Elanco Stock Plan, including an amendment to increase the number of shares authorized for issuance thereunder by 9,000,000, by the votes set forth in the table below.
BROKER FOR AGAINST ABSTAIN NON-VOTES 383,674,450 11,409,218 207,330 23,044,714
As of the record date of the meeting, 472,799,742 shares of common stock were issued and outstanding.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits Exhibit No. Description 10.1 Elanco Animal Health Incorporated Amended and Restated 2018 Elanco Stock Plan (including related form agreements). 104.1 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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